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Novavax Reports Settlement Agreement With Fujifilm
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Novavax Reports Settlement Agreement With Fujifilm
Mar 26, 2024 2:35 PM

05:26 PM EDT, 03/26/2024 (MT Newswires) -- Novavax ( NVAX ) said late Tuesday it entered into an agreement with Fujifilm to resolve disputes on amounts that Fujifilm claimed were due under a prior confidential settlement agreement and release.

The company said it paid $42 million to Fujifilm and the parties agreed to a mutual release of claims arising from the prior agreement, adding that Fujifilm has agreed to dismiss the arbitration.

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