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Agreement not official
October 2019
SHARING OPTIONS:

FREMONT, Calif.—In our September issue, we ran a story in this section on an exclusive research collaboration and license agreement between American BriVision Corp. and BioLite Japan for the discovery of early-stage chemical/biological entities, diagnostic tools and biomarkers, which also included stipulations for in-licensing and transfer of rights. Shortly after, American BriVision issued a corrective press release noting that it had announced the agreement in error, explaining that “[T]he Company has not entered into a collaboration and license agreement with BioLite Japan as of the date of this press release [09/18/19]. Although the Company has been in discussions with BioLite Japan with respect to the collaboration possibility, no agreement has been entered into and there cannot be any assurance that the Company and BioLite Japan will enter into any agreement.”

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