litigation
confidence high
sentiment positive
materiality 0.75
ImmuCell settles Norbrook dispute, to receive $2M payment
IMMUCELL CORP /DE/
- ImmuCell and Norbrook entered a Settlement Deed on May 8, 2026 resolving all claims from a 2019 Development and Supply Agreement.
- Norbrook will pay ImmuCell $2,000,000 under the settlement.
- The underlying agreement expired on March 31, 2026.
- Settlement deed governed by Northern Ireland law; no admission of liability or wrongdoing.
- Confidentiality undertakings included in the agreement.