The American biotechnology company AnaptysBio Inc has announced that the court has ruled to uphold the existing royalty rate arrangement between the two parties and has officially rejected Tesaro's request to reduce the royalty rate.
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This ruling confirms that AnaptysBio's rights under the relevant cooperation agreement remain unaffected, and the current fee rate will continue to apply. The decision ends the legal dispute between the two parties regarding royalty issues, providing certainty for the company's future revenue expectations.
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