Insulet Corporation

NASDAQ:PODD   3:59:55 PM EDT
230.03
+3.28 (+1.45%)
Debt Financing / Related

Insulet Corp Settles Dispute With Former Exclusive European Distributor Ypsomed AG

Published: 12/28/2020 21:21 GMT
Insulet Corporation (PODD) - Insulet Corp - Has Settled Its Dispute With Ypsomed Ag, Its Former Exclusive European Distributor.
Insulet Corp - Pursuant to Terms of Settlement, Agreed to Pay Ypsomed Additional One-time Payment of $36.15 Million for Total Expiration Fee of $41.25 Million.
Insulet Corp - There Are No Other Financial Benefits Or Future Payments to Be Made by Insulet Relating to Disposition of This Matter.