Brief: Pulmatrix Sent Letter To Cipla Technologies Notifying Cipla It Is In Material Breach Of Development & Commercialization Agreement Dated April 15, 2019

Pulmatrix

10/05/2021 23:41

May 10 (Reuters) - Pulmatrix Inc  PULM.O :
    * PULMATRIX - SENT LETTER TO CIPLA TECHNOLOGIES NOTIFYING
CIPLA IT
IS IN MATERIAL BREACH OF DEVELOPMENT & COMMERCIALIZATION
AGREEMENT DATED APRIL 15, 2019
    * PULMATRIX - CIPLA IS IN MATERIAL BREACH OF AGREEMENT DUE
TO
ANTICIPATORY BREACH OF OBLIGATION UNDER CIPLA AGREEMENT TO FUND
50% OF DEVELOPMENT COSTS FOR PULMAZOLE

Source: (https://bit.ly/3tAR71J)
Further company coverage:  PULM.O 

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