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CANbridge Pharmaceuticals CEO, James Xue, Named as Termeer Foundation Mentor

CANbridge Pharmaceuticals and Puma Biotechnology Agree to Terminate NERLYNX® License Agreement and Settle Arbitration

Press release content from Business Wire. The AP news staff was not involved in its creation. CANbridge Pharmaceuticals and Puma Biotechnology Agree to Terminate NERLYNX® License Agreement and Settle Arbitration February 25, 2021 GMT BEIJING & CAMBRIDGE, Mass. (BUSINESS WIRE) Feb 25, 2021 CANbridge Pharmaceuticals, Inc., a biopharmaceutical company focused on developing and commercializing drug candidates in China and North Asia, and Puma Biotechnology, Inc. (Nasdaq: PBYI), a biopharmaceutical company, have agreed to terminate their 2018 license agreement, in which Puma granted CANbridge exclusive rights to develop and commercialize NERLYNX® (neratinib) in Greater China, and to settle their arbitration related to the license agreement.

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