other material
confidence high
sentiment positive
materiality 0.70
Madrigal gains full control over Rezdiffra patent term extensions from Roche
MADRIGAL PHARMACEUTICALS, INC.
- Madrigal gets exclusive right to manage all patent term extensions for Rezdiffra, including Roche-owned and joint patents.
- Royalty reduction on Rezdiffra net sales is deferred until expiration of certain patent term extensions that have been or could be filed.
- Amendment modifies the 2008 Research, Development, and Commercialization Agreement with Roche.
- Madrigal also obtains full rights over joint patent rights and know-how without consent or accounting to Roche.