Krystal Biotech (KRYS) Settles with PeriphaGen

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Krystal Biotech Announces Settlement with PeriphaGen, Inc.

March 15, 2022 7:00 AM EDT

PITTSBURGH, March 15, 2022 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc., (Krystal) (NASDAQ: KRYS), the leader in redosable gene therapies for rare diseases, today announced it has reached a binding term sheet with PeriphaGen, Inc. (PeriphaGen) to resolve all claims in the trade secret litigation filed by PeriphaGen on May 20, 2020.

Under the conditions of the term sheet, which are legally binding, Krystal will receive... More