January 13, 2020 / 7:35 AM / 15 days ago

BRIEF-Bioton Says Harbin Gloria Pharmaceuticals To Pay $9 Mln Settlement To Co

Jan 13(Reuters) - Bioton SA:

* SAID ON SUNDAY THE COMPANY HAS SIGNED A BINDING LETTER OF INTENT WITH HARBIN GLORIA PHARMACEUTICALS AND SCIGEN

* UNDER SAID LETTER OF INTENT HARBIN GLORIA PHARMACEUTICALS IS TO PAY $9 MILLION FINAL SETTLEMENT IN RELATION WITH ALL THE DISPUTES REGARDING DELIVERY AND DISTRIBUTION AGREEMENT FROM AUG 23, 2015 AND FIRST ANNEX TO THE AGREEMENT FROM DEC 31, 2016

Source text for Eikon:

Further company coverage: (Gdansk Newsroom)

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