Esperion And Daiichi Sankyo Europe Announce $125M Amendment To Their Collaboration Including Resolution Of Pending Litigation
Portfolio Pulse from Benzinga Newsdesk
Esperion Therapeutics, Inc. and Daiichi Sankyo Europe have amended their collaboration agreement with a $125 million deal, which also includes the resolution of pending litigation between the two companies. This amendment is expected to strengthen the partnership and enhance the commercial prospects for Esperion's products in Europe.
January 03, 2024 | 12:07 pm
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Esperion Therapeutics' amended agreement with Daiichi Sankyo Europe, including a $125 million deal and resolution of litigation, is likely to have a positive impact on ESPR's financial stability and future revenue prospects in Europe.
The resolution of litigation removes legal uncertainties and potential financial liabilities for Esperion, while the $125 million deal provides a significant financial boost. This news is likely to be viewed positively by investors, as it suggests a stronger partnership and improved market opportunities for Esperion's products in Europe.
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