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DewDiligence

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Re: WorstLuck post# 242495

Thursday, 06/30/2022 9:56:00 PM

Thursday, June 30, 2022 9:56:00 PM

Post# of 253104
AKBA receives $55M cash from Otsuka for termination of Vadadustat partnership in all geographies:

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001517022/000119312522186174/d323865d8k.htm

As the Company previously announced on a Current Report on Form 8-K filed with the Securities and Exchange Commission on May 13, 2022, Otsuka gave the Company notice of termination of the Collaboration Agreements. Under the terms of the Termination Agreement, Otsuka will (i) pay the Company a nonrefundable and non-creditable payment of $55,000,000 in consideration for the covenants and agreements set forth in the Termination Agreement...

“The efficient-market hypothesis may be
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