leadership
confidence high
sentiment neutral
materiality 0.50
Atara CMO Joshi departs; consulting deal includes $180K milestone on tabelecleucel BLA approval
Atara Biotherapeutics, Inc.
- EVP, Chief Medical Officer Dr. Joshi terminated Feb 2, 2024 as part of reduction in force.
- Entered consulting agreement Feb 22, 2024: $3,000 monthly fee plus $300/hr for excess hours.
- Outstanding RSU equity awards will continue vesting during consulting term.
- Eligible for $180,000 payment upon FDA approval of tabelecleucel BLA.
- Consulting arrangement runs through January 31, 2025.