other material
confidence high
sentiment neutral
materiality 0.30
Silo Pharma amends license milestones with University of Maryland, Baltimore
Silo Pharma, Inc.
- Fourth Amendment replaces Schedule C diligence milestones under the Master License Agreement.
- New milestones include completing in vitro peptide binding by March 2025 and preclinical studies by September 2025.
- IND filing for a Licensed Product due by February 2028; first commercial sale by February 2034.
- All other terms, including royalty rate and payment obligations, remain unchanged.