other material
confidence high
sentiment negative
materiality 0.70
Nutriband terminates sale of Pocono Pharmaceuticals to Earth Vision Bio due to buyer default
NutriBand Inc.
- Board approved immediate termination of Pocono Pharmaceuticals sale to Earth Vision Bio Inc.
- Purchaser failed to close by December 31, 2025 and did not pay applicable late fees.
- Nutriband received $30,000 in late fees but no further payments since January 21, 2026.
- Company will retain ownership of Pocono Pharmaceuticals after terminated agreement.