The company depends on third-party manufacturers for raw materials and the production of its product candidates, which exposes it to risks including termination or nonrenewal of agreements, regulatory noncompliance, and competition for manufacturing capacity. It has established and intends to continue establishing collaborations with various pharmaceutical and biotechnology companies for the development and commercialization of its products. Risks associated with these collaborations include collaborators' discretion over resource allocation, potential failure to fulfill obligations, refusal to conduct required clinical trials, denial of regulatory submissions, discontinuation of development programs, delays or insufficient funding for clinical trials, and competition from collaborators developing similar products.
Landos Biopharma Inc's Comment on Supply Chain
The company depends on third-party manufacturers for raw materials and the production of its product candidates, which exposes it to risks including termination or nonrenewal of agreements, regulatory noncompliance, and competition for manufacturing capacity. It has established and intends to continue establishing collaborations with various pharmaceutical and biotechnology companies for the development and commercialization of its products. Risks associated with these collaborations include collaborators' discretion over resource allocation, potential failure to fulfill obligations, refusal to conduct required clinical trials, denial of regulatory submissions, discontinuation of development programs, delays or insufficient funding for clinical trials, and competition from collaborators developing similar products.
Sources:
Landos Biopharma Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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