Shanghai MicuRx Pharmaceutical Sues Medpace Over Contract Dispute

MT Newswires Live

02/26

Shanghai MicuRx Pharmaceutical (SHA:688373), a US subsidiary of Shanghai MicuRx Pharmaceutical, has filed a lawsuit against Medpace in an Ohio federal court over alleged contract breaches related to a clinical trial agreement, according to a Wednesday filing with the Shanghai bourse.

The dispute stems from Medpace's failure to meet agreed targets and refusal to return trial data. While a partial settlement was reached, unresolved claims remain, the filing said.

The financial impact is uncertain, and the case has yet to go to trial.

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