UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 1.01 | Entry into a Material Definitive Agreement |
On September 28, 2022, Atara Biotherapeutics, Inc. (the “Company”) and Pierre Fabre Medicament (“Pierre Fabre”) entered into an Amendment No. 1 to the Commercialization Agreement effective September 27, 2022 (the “Amendment”). Under the terms of the Amendment, following European Commission approval of tabelecleucel (the “Product”) for EBV+ PTLD and subsequent filing of the Marketing Authorization Application (MAA) transfer to Pierre Fabre, the Company will be entitled to receive an additional $30 million milestone payment in exchange for, among other things, a reduction in: (i) royalties the Company is eligible to receive as a percentage of net sales of the Product, and (ii) the supply price mark up on Products purchased by Pierre Fabre. Additionally, the Company also agreed to extend the time period for provision of certain services to Pierre Fabre under the Commercialization Agreement.
The foregoing summary of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, a redacted version of which will be filed with the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2022.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| ATARA BIOTHERAPEUTICS, INC. | ||||||
| Date: September 28, 2022 | By: | /s/ Amar Murugan | ||||
| Amar Murugan | ||||||
| Senior Vice President, General Counsel | ||||||