The Arbitration Panel Issued A Final Award Which Found And Concluded That Aadi Bioscience Did Not Breach The EOC Pharma License Agreement And Accordingly Is Not Liable For Any Damages To EOC - Filing
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An arbitration panel has concluded that Aadi Bioscience did not breach its license agreement with EOC Pharma and is not liable for any damages.
September 30, 2024 | 10:17 am
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Aadi Bioscience has been cleared of any breach in its license agreement with EOC Pharma, meaning it is not liable for damages. This legal victory removes potential financial liabilities and uncertainties for the company.
The arbitration panel's decision in favor of Aadi Bioscience removes the risk of financial liabilities related to the EOC Pharma license agreement. This is a positive development for the company, likely to boost investor confidence and potentially impact the stock price positively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100