BRIEF-Tricida - On December 19, 2022, Tricida Received An Additional Letter From Patheon Referencing The Purported Termination Notice From December 7, 2022

Reuters2022-12-23

Dec 22 (Reuters) - Tricida Inc :

* TRICIDA - ON DECEMBER 19, 2022, TRICIDA RECEIVED AN ADDITIONAL LETTER FROM PATHEON REFERENCING THE PURPORTED TERMINATION NOTICE FROM DECEMBER 7, 2022

* TRICIDA - LETTER FROM PATHEON SAYS CERTAIN AMOUNTS, TOTALING ABOUT €140 MILLION EUROS, ARE CURRENTLY DUE TO PATHEON UNDER AGREEMENT AND APPLICABLE LAW

* TRICIDA INC- CONTINUING TO ASSESS THE VALIDITY OF THE TERMINATION NOTICE AND ITS OPTIONS UNDER THE AGREEMENT

* TRICIDA INC- HAS NOT YET MADE A DETERMINATION AS TO THE PURPORTED TERMINATION OF THE AGREEMENT OR PATHEON’S OTHER CLAIMS

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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