financetom
Business
financetom
/
Business
/
Delcath Systems Amends Supply, Manufacturing Agreement With Synerx Pharma, Mylan Teoranta for Melphalan Hydrochloride
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Delcath Systems Amends Supply, Manufacturing Agreement With Synerx Pharma, Mylan Teoranta for Melphalan Hydrochloride
Apr 26, 2024 8:23 AM

11:07 AM EDT, 04/26/2024 (MT Newswires) -- Delcath Systems ( DCTH ) said in a regulatory filing Friday it signed a fifth amendment to the license, supply and contract manufacturing agreement with Synerx Pharma and Mylan Teoranta to supply the company's melphalan hydrochloride product, effective May 1.

The amendment will extend the term of the agreement to Dec. 31, 2028, and will require Delcath ( DCTH ) to place purchase orders for melphalan hydrochloride at least 210 days before the delivery, the company added in its 8-K filing with the US Securities and Exchange Commission.

Financial terms of the agreement weren't disclosed.

Shares of the company were up more than 3% in recent Friday trading.

Price: 5.43, Change: +0.17, Percent Change: +3.23

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hims & Hers Health Stock Is Trading Lower Wednesday: Here's Why
Hims & Hers Health Stock Is Trading Lower Wednesday: Here's Why
Oct 31, 2024
Hims & Hers Health Inc. ( HIMS ) shares fell Wednesday following an FDA update listing Novo Nordisk’s diabetes drug Ozempic and weight-loss drug Wegovy as available, signaling possible supply stability. Here’s what you need to know. What Happened: A report from the FDA on Wednesday shows that all doses of Novo Nordisk's ( NVO ) Ozempic and Wegovy, both...
TotalEnergies' Q3 Adjusted Earnings, Revenue Fall
TotalEnergies' Q3 Adjusted Earnings, Revenue Fall
Oct 31, 2024
06:01 AM EDT, 10/31/2024 (MT Newswires) -- TotalEnergies (TTE) reported Q3 adjusted earnings Thursday of $1.74 per diluted share, down from $2.63 a year earlier. Analysts polled by Capital IQ expected $1.85. Revenue from sales for the quarter ended Sept. 30 was $47.43 billion, down from $54.41 billion a year earlier. A single analyst surveyed by Capital IQ expected $46.04...
Update: Meta Platforms Q3 Earnings, Revenue Rise
Update: Meta Platforms Q3 Earnings, Revenue Rise
Oct 31, 2024
06:01 AM EDT, 10/31/2024 (MT Newswires) -- (Updates with the stock move in the last paragraph.) Meta Platforms ( META ) reported Q3 diluted earnings late Wednesday of $6.03 per share, up from $4.39 a year earlier. Analysts polled by Capital IQ expected $5.29. Revenue for the quarter ended Sept. 30 was $40.59 billion, up from $34.15 billion a year...
Canadian Natural Resources to drill fewer natgas wells as prices decline
Canadian Natural Resources to drill fewer natgas wells as prices decline
Oct 31, 2024
Oct 31 (Reuters) - Canadian Natural Resources ( CNQ ), the country's largest oil and gas producer, said on Thursday it would drill fewer dry natural gas well this year than originally planned due to the decline in prices. The country's natgas prices slumped to their lowest in more than two years in the July-September quarter as storage levels in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved