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materiality 0.50
Viridian inks commercial manufacturing deal with WuXi Biologics for veligrotug
Viridian Therapeutics, Inc.\DE
- Agreement covers long-term supply of veligrotug drug substance and drug product, if approved.
- WuXi Biologics is non-exclusive supplier; Viridian may use alternate manufacturers.
- Initial term of 5 years, auto-renewing for successive 5-year periods unless 24-month non-renewal notice given.
- Volume-based pricing fixed through Dec 31, 2026, then annually adjustable; pass-through costs reimbursed.
- Company may terminate on 30 days' notice for change in law materially impacting WuXi's performance.