On February 19, 2025, GlycoMimetics, Inc. (the "Company") reported to have received a notice from Apollomics (Hong Kong) Limited ("Apollomics"), terminating the Collaboration and License Agreement between the Company and Apollomics that was effective as of January 2, 2020 (the "Agreement"), which termination will become effective ninety (90) days following delivery of the notice in accordance with the terms of the Agreement (Filing, GlycoMimetics, FEB 19, 2025, View Source [SID1234650535]). Under the Agreement, the Company exclusively licensed development and commercialization rights for uproleselan and GMI-1687 to Apollomics in Mainland China, Hong Kong, Macau and Taiwan. Following termination, the Company will not have any material financial or other obligations under the Agreement.

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