other material
confidence high
sentiment neutral
materiality 0.50
Nuvation Bio enters commercial supply agreement with Asymchem for taletrectinib drug product
Nuvation Bio Inc.
- Asymchem will be non-exclusive supplier of taletrectinib drug product; Nuvation retains right to use alternate manufacturers.
- Orders must be placed at least 180 days before delivery; cancellation subject to tiered fees.
- Initial term is 5 years, auto-renews for consecutive 3-year terms unless non-renewed.
- Company may terminate without cause on 30 days' notice; each party may terminate for material breach or insolvency.