Brief: Xenetic Biosciences Amended Agreement With Pharmsynthez To Terminate All Agreement Work Orders

Xenetic Biosciences

15/10/2021 21:45

Oct 15 (Reuters) - Xenetic Biosciences Inc  XBIO.O :
    * XENETIC BIOSCIENCES - ENTERED INTO AMENDMENT NUMBER ONE TO
MSA
WITH PHARMSYNTHEZ TO, AMONG OTHER THINGS, TERMINATE ALL WORK
ORDERS UNDER MSA
    * XENETIC BIOSCIENCES - ENTERED INTO NEW WORK ORDER (THE
“SECOND
WORK ORDER”) SIMULTANEOUSLY WITH MSA AMENDMENT
    * XENETIC BIOSCIENCES - PURSUANT TO MSA AMENDMENT & SECOND
WORK
ORDER, ON ENTRY INTO SECOND WORK ORDER, CO MADE ONE-TIME $40,000
PAYMENT TO PHARMSYNTHEZ

Source text for Eikon: [https://bit.ly/3lGojEd]
Further company coverage:  XBIO.O 

 ((Reuters.Briefs@thomsonreuters.com;))