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Kamada Announces the End of the Labor Strike in the Company’s Manufacturing Facility; All Employees Returned to Work

Kamada Ltd (KMDA)  More Company Research Source: GlobeNewswire
Last kamada ltd earnings: 2/12 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: kamada.com/investors.php
PDF REHOVOT, Israel, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Kamada Ltd. (Nasdaq: KMDA) (KMDA.TA), a plasma-derived protein therapeutics company, today announced that on August 15, 2018, the Company, the Employees’ Committee of Kamada’s Beit Kama production facility in Israel (the “Employee’s Committee”), the Histadrut - General Federation of Labor in Israel (the “Histadrut”), and a Mediator appointed by the parties, signed a binding Memorandum of Understanding (the “Binding MoU”) that terminates the previously disclosed labor strike. Such Binding MoU will form the basis of a new four-year collective bargaining agreement to be entered into between the parties within the next 60 days. All unionized employees have now returned to work at the Beit Kama production facility.  The strike had no impact on the market availability of GLASSIA® or KEDRAB®.  The Company is currently assessing the impact of the labor strike on its full-year 2018 revenues, and will provide, in the near term, an update on [Read more]

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