ESSA Pharma Inc. filed SEC Form 8-K: Termination of a Material Definitive Agreement
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| Item 1.02 | Termination of a Material Definitive Agreement. |
On December 12, 2024, ESSA Pharma Inc. (the “Company”) provided a notice of termination of the license agreement among the Company and the British Columbia Cancer Agency and the University of British Columbia (together, the “Licensors”), dated December 22, 2010 and amended on February 10, 2011, May 27, 2014, and May 25, 2021 (as amended, the “License Agreement”) to the Licensors, notifying the Licensors that the Company has terminated the License Agreement in accordance with its terms, effective as of December 12, 2024.
Under the terms of the agreement, the Licensors provided the Company with exclusive world-wide rights to develop and commercialize products based on licensed intellectual property embodied in issued patents, pending patent applications and know-how relating to compounds that modulate androgen receptor activity.
The foregoing description of the License Agreement is subject to and qualified in its entirety by reference to the full text of the License Agreement, which was filed as Exhibit 4.2 to the Company’s Registration Statement on Form 20-F (File No. 377 00939), originally filed with the Securities and Exchange Commission (the “SEC”) on February 24, 2015, and the amendment to License Agreement, dated May 25, 2021, which was filed as Exhibit 10.3 to the Company’s Annual Report on Form 10-K for the year ended September 30, 2023, originally filed with the SEC on December 12, 2023, and each of which is incorporated by reference into this Item 1.02.
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 hereunto duly authorized.
| ESSA PHARMA INC.____________ | ||
| (Registrant) | ||
| Date: December 13, 2024 | ||
| By: | /s/ David Wood | |
| Name: David Wood | ||
| Title: Chief Financial Officer |