Camurus announces outcome of the arbitration process with Braeburn
Lund, Sweden — 10 December 2020 — Camurus AB (NASDAQ STO: CAMX) today announces that the ICC International Court of Arbitration has issued a partial award in the arbitration process between Camurus and Braeburn regarding the parties’ license agreement for the development and commercialization of CAM2038 in North America. The arbitral tribunal decided that Braeburn was not in material breach of the parties’ license agreement at the time of Camurus’ notice of breach on 16 April 2020. The ruling means that the license agreement between the parties remains in full force and effect. The