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Pursuant to the Company's Form 6-K filed on July 25, 2025 (the "July 2025 6-K"), Apollomics Inc. ("Apollomics" or the "Company") previously disclosed that LaunXP International Co., Ltd. ("LaunXP") had not fully satisfied its payment obligations under its agreement with the Company for the development and commercialization of vebreltinib in Asia (excluding mainland China, Hong Kong and Macau) (the "Agreement"). As a result, the Company disclosed that it had notified LaunXP of such breach and that the parties were engaged in discussions to resolve the matter.
By way of update to the disclosure contained in the Company's Form 6-K filed in July 2025, Apollomics hereby reports that, in connection with the previously disclosed transaction, the Company has recently received a payment of US$3,900,000 from LaunXP. The Agreement remains in full force and effect, and both parties continue to perform their respective obligations and maintain active discussions to advance the ongoing collaboration under the Agreement.
Posted In: APLM
