other material
confidence high
sentiment negative
materiality 0.80
Roche terminates license agreement for AT-527 with Atea; effective Feb 10, 2022
Atea Pharmaceuticals, Inc.
- Roche sent termination notice on Nov 12, 2021; license ends Feb 10, 2022.
- Agreement covered ex-U.S. rights to develop and commercialize AT-527.
- No early termination penalties will be incurred by Atea.
- Atea retains full rights to AT-527 outside the terminated pact.