litigation
confidence high
sentiment positive
materiality 0.70
Aadi Bioscience wins arbitration; panel finds no breach, no damages to EOC
Whitehawk Therapeutics, Inc.
- Arbitration panel issued Final Award on Sept 26, 2024, in favor of Aadi Bioscience.
- Panel concluded Aadi did not breach the December 2020 EOC License Agreement.
- EOC Pharma sought monetary damages; none awarded.
- Dispute began in June 2022, centered on alleged failure to provide manufacturing info.
- Outcome removes a significant legal overhang for the company.