Synlogic extends cleanroom agreement with Azzur through Dec 2023 for $1.7M

On November 22, 2022, Synlogic Operating Company, Inc. (“Synlogic OpCo”), a wholly-owned subsidiary of Synlogic, Inc. (the “Company”), entered into a Statement of Work (the “SOW”) with Azzur Cleanrooms-On-Demand – Boston, LLC, (“Azzur”) pursuant to a License and Services Agreement (the “License Agreement”), effective as of April 28, 2021, by and between Synlogic OpCo and Azzur. Synlogic OpCo entered into an SOW with Azzur on January 21, 2022 (the “Previous SOW”). Pursuant to the Previous SOW, Synlogic OpCo was granted access to, and use of, the Azzur Suite for a period of 14 months, from January 2022 to March 2023. A copy of the Previous SOW is attached as an exhibit to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021. The SOW extends the term of the Previous SOW to cover the period beginning April 1, 2023 through December 31, 2023 (the “Term”). Synlogic OpCo retains the option to extend the Term twice, the first time through June 30, 2024 and subseq