Brief: Tricida - On December 19, 2022, Tricida Received An Additional Letter From Patheon Referencing The Purported Termination Notice From December 7, 2022
22/12/2022 21:26
Dec 22 (Reuters) - Tricida Inc TCDA.O :
* TRICIDA - ON DECEMBER 19, 2022, TRICIDA RECEIVED AN
ADDITIONAL
LETTER FROM PATHEON REFERENCING THE PURPORTED TERMINATION NOTICE
FROM DECEMBER 7, 2022
* TRICIDA - LETTER FROM PATHEON SAYS CERTAIN AMOUNTS,
TOTALING
ABOUT €140 MILLION EUROS, ARE CURRENTLY DUE TO PATHEON UNDER
AGREEMENT AND APPLICABLE LAW
* TRICIDA INC- CONTINUING TO ASSESS THE VALIDITY OF THE
TERMINATION NOTICE AND ITS OPTIONS UNDER THE AGREEMENT
* TRICIDA INC- HAS NOT YET MADE A DETERMINATION AS TO THE
PURPORTED TERMINATION OF THE AGREEMENT OR PATHEON’S OTHER CLAIMS
Further company coverage: TCDA.O
((Reuters.Briefs@thomsonreuters.com;))
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