Jefferies analyst Andrew Uerkwitz downgrades Unity Software (NYSE:U) from Hold to Underperform and announces $19 price target.
Sorrento Announces Arbitrator In Nantcell/NANTibody Arbitration Issued Award Granting Contractual Damages, Pre-award Interest Of $156.8M To Nantcell; Award Also Held That Co Has No Further Obligations Under Exclusive License Agreement With NANTibody
As previously disclosed, Sorrento Therapeutics, Inc. (“Sorrento” or the “Company”) has been engaged in arbitration before the American Arbitration Association against NantCell, Inc.