Brief: Orion, Marinus Terminate Agreement For Ganaxolone In Europe

Orion Oyj

30/12/2024 12:00

Dec 30 (Reuters) - Orion Oyj  ORNBV.HE :
    * ORION AND MARINUS TERMINATE AGREEMENT FOR GANAXOLONE IN
EUROPE
    * IN CONNECTION WITH TERMINATION OF AGREEMENT, MARINUS PAYS
ORION
EUR 1.5 MILLION IN FIRST HALF OF 2025 FOR REGAINING COMMERCIAL
RIGHTS OF GANAXOLONE IN EUROPE
    * FOLLOWING TERMINATION OF AGREEMENT, ORION WILL MAKE A
WRITE-DOWN
OF EUR 23.5 MILLION IN Q4 2024

Source text:  ID:nGNE3Cs7YW 
Further company coverage:  ORNBV.HE 

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