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confidence high
sentiment neutral
materiality 0.60
Delcath Systems extends melphalan supply agreement through Dec 2028; modifies pricing terms
DELCATH SYSTEMS, INC.
- Term extended to December 31, 2028; effective May 1, 2024.
- Purchase orders for melphalan HCl must be placed at least 210 days before delivery.
- Price per vial modified; annual increases tied to pharmaceutical preparation PPI.
- Agreement with Synerx Pharma, LLC and Mylan Teoranta for key drug supply.
- Fifth Amendment dated April 22, 2024, ensures long-term supply continuity.