Cellectis Wins Partial Victory in Arbitration Against Servier Over License Agreement

Reuters12-16
Cellectis Wins Partial Victory in Arbitration Against Servier Over License Agreement

Cellectis SA has announced that an arbitral tribunal has issued a decision in its dispute with Les Laboratoires Servier and Institut de Recherches Internationales Servier IRIS SARL regarding their License, Development and Commercialization Agreement signed in March 2019. The tribunal ruled for a partial termination of the agreement concerning the product UCART19 V1, also known as ALLO-501, and directed Cellectis to engage in good-faith discussions with Allogene about granting a direct license for this product if requested. All other claims from both parties were dismissed.

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