other material
confidence high
sentiment negative
materiality 0.75
Lisata Therapeutics terminates exclusive license for certepetide with Qilu Pharmaceutical
LISATA THERAPEUTICS, INC.
- Mutual termination of 2021 License and Collaboration Agreement with Qilu, effective January 23, 2026.
- Agreement covered research, development, and commercialization of certepetide (CEND-1) in Greater China.
- Lisata was eligible for up to $200M in milestone payments and 10%-15% royalties on net sales.
- Termination does not affect obligations accrued prior to termination or certain surviving provisions.
- No immediate financial impact disclosed; company loses future milestone/royalty potential.