Jury finds Lilly breaches implied covenant in rezpegaldesleukin license, awards Nektar USD 90 million plus interest
Bitget2026/09/25 11:01- A U.S. jury found Lilly breached the implied covenant of good faith in a rezpegaldesleukin license agreement with Nektar Therapeutics.
- The verdict followed a jury trial that began Sept. 8, 2026 in federal court in Northern California.
- Damages were set at USD 90 million, with interest to be determined by the court.
- Post-trial motions remain pending. Any final judgment could face appeal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
WikiLeaks Founder Julian Assange Welcomes Daughter With Terminator Quote
Bank of Japan minutes turn hawkish: Most members believe a rate hike is needed soon, with a 70% probability of a hike in December
Minutes from the Bank of Japan show that several members believe a rate hike is needed in the near term, with a roughly 70% probability of an increase in December. Core inflation has met the target for the first time in 30 years, and the current policy rate stands at 1.25%.
Former Chainlink Product Marketing Director Michael Robinson joins Monad Foundation
Crypto prices
More
