other material
confidence high
sentiment negative
materiality 0.50
Revolution Medicines receives termination notice from Genzyme (Sanofi) for collaboration deal
Revolution Medicines, Inc.
- Genzyme terminated the June 2018 collaboration agreement for convenience; effective June 4, 2023.
- Notice received December 6, 2022; agreement had been disclosed in prior SEC filings.
- No financial impact or termination fees disclosed in the filing.
- Company may lose expected future collaboration revenue from Sanofi.