ALA arovella therapeutics limited
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News: ALA Arovella Therapeutics Announces Sumatriptan Update

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    28/06/22
    10:00
    Post #: 62242279

    June 28 (Reuters) - Arovella Therapeutics Ltd (ALA) :

    • SUMATRIPTAN UPDATE-ALA.AX
    • STRIDES PHARMA GLOBAL INDICATED ITS INTENTION TO CEASE DEVELOPMENT, LICENCE AND SUPPLY DEAL ENTERED INTO 8 NOV 2018
    • HAS AGREED TO TERMINATE AGREEMENT
    • WILL RESTRUCTURE REFORMULATION GROUP TO MATCH REDUCED REQUIREMENTS FOR REFORMULATION PROJECT WORK
    • CO NOTES THAT THERE IS NO COST IMPACT TO AROVELLA OR IMMEDIATE IMPACT ON REVENUE STREAMS
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