other material
confidence high
sentiment negative
materiality 0.60
BMS terminates collaboration with uniQure effective Feb 21, 2023
uniQure N.V.
- Bristol-Myers Squibb provided termination notice for collaboration and license agreement originally dated May 2015.
- Termination is effective February 21, 2023; the agreement was amended in December 2020.
- BMS did not replace any of the four active Collaboration Targets during the one-year option period.
- A change-of-control payment of up to $70M to BMS is still contingent; no such transaction has occurred.
- The separate Investor Agreement between uniQure and BMS remains in force per its terms.