Arbitrator Issues Final Award, Ordering Seagen To Pay Daiichi Sankyo Arbitration Costs And Attorneys' Fees

Seagen

20/11/2023 06:05

Nov 20 (Reuters) - Daiichi Sankyo Co Ltd  4568.T :
    * ARBITRATOR ISSUES FINAL AWARD, ORDERING SEAGEN TO PAY
DAIICHI
SANKYO ARBITRATION COSTS AND ATTORNEYS' FEES
    * ARBITRATOR'S DECISION REQUIRES SEAGEN TO PAY ABOUT $45.5
MILLION
IN ATTORNEYS’ FEES AND ARBITRATION COSTS TO DAIICHI SANKYO OVER
DISPUTE REGARDING ANTIBODY DRUG CONJUGATE TECHNOLOGY
    * IMPACT ON CONSOLIDATED FINANCIALS FOR THIS FY CURRENTLY
BEING
EVALUATED

Source text for Eikon:  ID:nTSwt90a37 
Further company coverage:  4568.T