Brief: Sprint Bioscience's Partner Hibercell Ends Cooperation On Petra01 Program

Sprint Bioscience AB

21/11/2022 07:20

Nov 21 (Reuters) - Sprint Bioscience AB (publ)
 SPRINT.ST :
    * SAID ON SATURDAY COMPANY'S PARTNER HIBERCELL WISHES TO END
EXCLUSIVE COOPERATION AGREEMENT REGARDING PETRA01 PROGRAM THAT
THE COMPANIES HAVE HAD SINCE MARCH 2021
    * SPRINT BIOSCIENCE WILL BEGIN PROCESS OF FINDING A NEW
LICENSE
PARTNER AS SOON AS POSSIBLE
    * SPRINT BIOSCIENCE AND HIBERCELL ARE NOW ENTERING INTO
FORMAL
NEGOTIATIONS REGARDING THE TERMS FOR THE RETURN OF THE PROGRAM
AND ALL RELATED DOCUMENTATION AND OWNERSHIP RIGHTS

        
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