Clover Biopharmaceuticals Terminates Distribution Agreement with Adimmune

Reuters

2025/06/16

Clover Biopharmaceuticals Terminates Distribution Agreement with Adimmune

Clover Biopharmaceuticals Ltd. has announced the termination of its cooperation with Adimmune Corporation. This decision, effective from June 30, 2025, comes after the company exercised its unilateral termination right under the Exclusive Agreement due to significant changes in market conditions. As a result, Clover will cease distribution of AdimFlu-S $(QIS)$ in mainland China. However, the Board of Clover Biopharmaceuticals assures that this termination will not adversely affect the company's operations. The Group remains focused on advancing its proprietary RSV vaccine candidate SCB-1019 for use in RSV re-vaccination settings and as part of a respiratory combination vaccine. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.

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. Clover Biopharmaceuticals Ltd. published the original content used to generate this news brief on June 16, 2025, and is solely responsible for the information contained therein.

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Clover Biopharmaceuticals Ltd. published the original content used to generate this news brief on June 16, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1161","symbol_name":"生物科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250615:nNDL4H7hqL:1","article_id":"2543146796","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543146796","pubTimestamp":1750028769,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Clover Biopharmaceuticals Ltd. has announced the termination of its cooperation with Adimmune Corporation. This decision, effective from June 30, 2025, comes after the company exercised its unilateral termination right under the Exclusive Agreement due to significant changes in market conditions. As a result, Clover will cease distribution of AdimFlu-S  in mainland China. However, the Board of Clover Biopharmaceuticals assures that this termination will not adversely affect the company's operations. The Group remains focused on advancing its proprietary RSV vaccine candidate SCB-1019 for use in RSV re-vaccination settings and as part of a respiratory combination vaccine. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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