Brief: Pulmatrix Announces Resolution Of Contract Dispute With Cipla

Pulmatrix

09/11/2021 14:07

Nov 9 (Reuters) - Pulmatrix Inc  PULM.O :
    * PULMATRIX ANNOUNCES RESOLUTION OF CONTRACT DISPUTE WITH
CIPLA
    * PULMATRIX - COMPLETED AN AMENDMENT TO PULMATRIX'S
AGREEMENT WITH
CIPLA TECHNOLOGIES FOR DEVELOPMENT AND COMMERCIALIZATION OF
PULMAZOLE
    * PULMATRIX-COMPLETION OF AMENDMENT RESOLVES CO'S PREVIOUSLY
DISCLOSED DISPUTE WITH CIPLA REGARDING CONTINUED FUNDING OF
DEVELOPMENT COSTS FOR PULMAZOLE
    * PULMATRIX - PURSUANT TO 2ND AMENDMENT CIPLA WILL CONTINUE
TO
REIMBURSE CO FOR 50% OF ALL THIRD-PARTY COSTS FOR DEVELOPMENT OF
PULMAZOLE

Source text for Eikon:  ID:nPn3LvRsya 
Further company coverage:  PULM.O 

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