Letter Amendment to License Agreement on FR264205 between Calixa Therapeutics, Inc. and Astellas Pharma Inc.
Calixa Therapeutics, Inc. and Astellas Pharma Inc. have agreed to amend their existing license agreement regarding the compound FR264205. This amendment allows Calixa to conduct clinical studies for the compound outside the previously defined territory, specifically for the purpose of developing the product within the licensed territory. All other terms of the original license agreement remain unchanged and in effect. Both parties have signed to confirm their agreement to this amendment.
Exhibit 10.1
September 7, 2010
Astellas Pharma Inc.
3-11 Nihonbashi-Honcho 2-chome
Chuo-ku, Tokyo 103-8411, Japan
Attn: Vice President, Business Development
Dear Madam or Sir,
Re: License Agreement on FR264205
Reference is made to the license agreement (License Agreement) dated November 1, 2007 between Calixa Therapeutics, Inc. (Calixa) and Astellas Pharma Inc. (Astellas) pursuant to which Astellas grants to Calixa a certain license to commercialize its compound identified as FR264205 (Compound) in the world except certain countries. Unless otherwise specifically provided hereunder, the terms defined in the License Agreement shall have the same meaning and definition in this letter agreement.
Calixa recently expressed to Astellas its desire to conduct clinical studies for the Compound outside of the Territory for the purposes of development of the Product in the Territory, and Astellas is willing to accept such Calixas desire.
Under such circumstances, Astellas and Calixa hereby agree and confirm as follows:
1. Notwithstanding the provision of Section 2.1 of the License Agreement, Calixa is allowed to conduct clinical studies in any and all countries outside of the Territory for the purpose of development of the Product in the Territory under the License Agreement.
2. Unless as otherwise expressly amended by this letter agreement, the License Agreement shall remain in full force and effect between Astellas and Calixa.
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If the foregoing correctly reflects your understanding, please so indicate by signing at the space provided below and return to us one executed original of this letter agreement.
| Sincerely yours, |
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| CALIXA THERAPEUTICS, INC. |
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| /s/ Michael W. Bonney |
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| Michael W. Bonney |
| President |
Agreed and confirmed by: | ||
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ASTELLAS PHARMA INC. | ||
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/s/ Chihiro Yokota |
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Name: | Chihiro Yokota |
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Title: | Vice President, Licensing & Alliances |
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Date: | September 13, 2010 |
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CC: Vice President, Legal, Astellas Pharma Inc. |
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