other material
confidence high
sentiment neutral
materiality 0.50
Amylyx enters avexitide supply agreements with Bachem and Polypeptide; $30M upfront to Polypeptide
Amylyx Pharmaceuticals, Inc.
- Paid or agreed $30M upfront fee to Polypeptide for capacity reservation under term sheet.
- Bachem Manufacturing Agreement begins 2028 with minimum annual purchase quantities of avexitide drug substance.
- Both suppliers are non-exclusive; Amylyx may use alternate manufacturers.
- Supply prices adjusted annually for labor, utilities, overhead; terms auto-renew after 5 years.
- Agreements cover commercial manufacturing of avexitide if regulatory approval is obtained.