BioLineRx Wins Arbitration Ruling in Motixafortide Licensing Dispute

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BioLineRx secured a full arbitration victory in a dispute with Biokine Therapeutics over alleged unpaid amounts related to a motixafortide licensing agreement. The arbitrator denied Biokine’s $7.2 million claim and awarded BioLineRx legal expenses, resolving a financial and legal uncertainty for the biopharmaceutical company. This decision strengthens BioLineRx’s financial position and clarifies its obligations regarding the motixafortide program.

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