Inozyme Pharma Announces Transaction Bonuses for Key Executives Following Merger Agreement

Reuters
06-02
<a href="https://laohu8.com/S/INZY">Inozyme Pharma</a> Announces Transaction Bonuses for Key Executives Following Merger Agreement

Inozyme Pharma Inc., a Delaware-based company, has announced new compensation terms in light of its recent merger agreement with BioMarin Pharmaceutical, Inc. As part of the agreement, Inozyme's Board of Directors has approved transaction bonuses for key executives. Chief Financial Officer and Head of Business Development, Mr. Sanjay Subramanian, is set to receive a cash bonus of $350,000, while Dr. Matthew Winton, the Senior Vice President and Chief Operating Officer, will be awarded $320,000. These bonuses will be issued following the completion of the merger, contingent upon their continued employment until the closing date, with payments to be made within 30 days thereafter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Inozyme Pharma Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-132782), on June 02, 2025, and is solely responsible for the information contained therein.

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