Brief: Radius Health Says Provided Kindeva Drug Delivery With A Written Notice Of Termination

Radius Recycling

08/06/2022 14:20

June 8 (Reuters) - Radius Health Inc  RDUS.O :
    * RADIUS HEALTH INC -  ON JUNE 2, PROVIDED KINDEVA DRUG
DELIVERY,
L.P. WITH A WRITTEN NOTICE OF TERMINATION
    * RADIUS HEALTH INC - NOTICE OF TERMINATION TO TERMINATE
SCALE-UP
AND COMMERCIAL SUPPLY AGREEMENT, DATED FEBRUARY 27, 2018 BY AND
BETWEEN CO AND KINDEVA
    * RADIUS HEALTH - PROVIDED NOTICE OF TERMINATION AFTER CO
DECIDED
TO CEASE DEVELOPMENT AND COMMERCIALIZATION OF
ABALOPARATIDE-COATED TRANSDERMAL SYSTEM
    * RADIUS HEALTH INC - TERMINATION SHALL BE EFFECTIVE ON JUNE
10,
2022
    * RADIUS HEALTH INC - AS A RESULT OF TERMINATION OF
AGREEMENT,
COMPANY WILL NOT OWE KINDEVA ANY FACILITY FEES FOR MONTHS OF
MAY, JUNE OR JULY OF 2022
    * RADIUS HEALTH - KINDEVA WILL NOT BEGIN PRODUCT THIRD-PARTY
CONTRACT MANUFACTURER FACILITY FEES IN JULY 2022, FOR WHICH CO
SHALL NOT OWE ANY PAYMENTS

Further company coverage:  RDUS.O 

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