Feb. 19 at 10:23 PM
$PCSA Even I was hoping I'd be wrong. Based on the past, we all should have known this was coming.
Remember the pr and apparent stock promotion where they raised
$7M?
Processa Pharmaceuticals Signs Binding Term Sheet Granting Intact Therapeutics Exclusive Option to License Phase 2 Gastroparesis Drug Candidate
Download as PDFJune 17, 2025 9:00am EDT
$452.5 million in total milestone payments
$2.5 million in near-term payments
Double-digit royalties on future net product sales
Item 1.02 Termination of a Material Definitive Agreement.
On February 12, 2026, Processa Pharmaceuticals, Inc.’s (the “Company”) Binding Term Sheet dated June 17, 2025 (the “Term Sheet”) with Intact Therapeutics regarding PCS12852 expired without the execution of a definitive license agreement and without the entry into the related proposed amendment to the License Agreement with Yuhan Corporation. Neither party to the Term Sheet has any additional obligations under the agreement following its expiration.
