Item 1.01. Entry into a Material Definitive Agreement.
On
Under the Agreement, EVERSANA will serve as the Company's end-to-end commercial partner, providing the Company with a full suite of services in connection with the potential launch of lenzilumab. EVERSANA's services initially will comprise marketing, market access and field solution services, and may expand to other areas including patient services, compliance services, professional services, data and analytics, and health economics outcome research, as may be negotiated by the parties and set forth in statements of work delivered in accordance with the Agreement.
The Company will pay EVERSANA fees and reimburse it for its expenses in
performing the services as established in applicable statements of work.
EVERSANA has agreed to defer its fees pending the Company's receipt of an
emergency use authorization ("EUA") from the
The Agreement provides for a one-year term and will renew for subsequent one-year terms unless either party provides a notice of non-renewal. After the first year, the Company may terminate the Agreement upon advance written notice to EVERSANA. The Agreement contains customary provisions allowing either party to terminate the Agreement as a result of certain changes in law and material breaches and certain insolvency events by or relating to the other party.
The Agreement imposes customary mutual obligations on the parties to protect and not disclose the confidential information and intellectual property of the other, and contains insurance, non-solicitation, indemnification and limitation of liability provisions customary for service contracts of this type.
The foregoing description of the Agreement does not purport to describe all of its terms and is qualified in its entirety by the full text of the Agreement, which is filed as an exhibit to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Exhibit Description
10.1† Master Services Agreement effective as ofJanuary 8, 2021 betweenHumanigen, Inc. andEVERSANA Life Science Services, LLC . 99.1 Press release issuedJanuary 10, 2021 .
† Certain portions of this exhibit have been omitted pursuant to Item
601(b)(10)(iv) of Regulation S-K.
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