other material
confidence high
sentiment negative
materiality 0.80
AnaptysBio sues Tesaro and GSK for breach of Jemperli collaboration; countersuit filed
ANAPTYSBIO, INC
- AnaptysBio alleges Tesaro breached exclusivity by conducting trials with competing PD-1 antagonists (e.g., Keytruda) and failing to maximize Jemperli return.
- Tesaro countersued AnaptysBio on Nov 20, 2025, seeking injunctive relief; AnaptysBio calls claims meritless and will seek dismissal.
- Parties agreed to expedited Delaware Chancery Court schedule; trial anticipated July 2026.
- Milestone and royalty payments under Collaboration Agreement remain due during litigation.