other material
confidence medium
sentiment neutral
materiality 0.55
Atara amends Pierre Fabre deal: cuts regulatory milestones by $9M, adds $15M commercial milestone
Atara Biotherapeutics, Inc.
- Regulatory milestone payments from Pierre Fabre reduced from $40M to $31M (decrease of $9M).
- New $15M commercial milestone payable upon Product Net Sales exceeding a confidential threshold.
- Amendment also modifies other payment sections (redacted) in the commercialization agreement.
- Atara submitted BLA for tab-cel (EBV+ PTLD) to FDA in May 2024; Pierre Fabre has exclusive U.S. commercialization rights.
- Agreement originally dated October 2023; fourth amendment effective December 30, 2025.