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Stock impact report

AnaptysBio seeks partial dismissal in GSK oncology unit dispute over drug royalty [Yahoo! Finance]

AnaptysBio, Inc. (ANAB) 
Last anaptysbio, inc. earnings: 3/2 08:45 am Check Earnings Report
US:NASDAQ Investor Relations: ir.anaptysbio.com/investor-relations
Company Research Source: Yahoo! Finance
their contract, escalating a ?legal dispute over royalties tied to sales of the cancer drug Jemperli. The dispute centers ?on a 2014 agreement between AnaptysBio and oncology unit Tesaro that gave the latter rights to develop and sell Jemperli, a PD-1 inhibitor approved for certain endometrial cancers. GSK did not immediately respond to Reuters' ?request for a comment ?outside business hours. A trial to resolve claims is scheduled for July 14–17, 2026, and the court is expected ?to hear AnaptysBio's motion by early March. Tesaro filed a lawsuit against AnaptysBio in a Delaware court on November 20, accusing it of breaching the agreement ?and arguing that the alleged breach allowed Tesaro to terminate ?the deal, halve royalty and milestone payments, and secure a permanent license to the drug. AnaptysBio countersued a day later, accusing Tesaro of violating exclusivity terms by participating in trials of rival PD-1 drugs, including Merck's Keytruda, and failing to fully maximi Show less Read more
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