tiprankstipranks
Trending News
More News >

Arbutus Biopharma Faces Executive Changes Amid Legal Battle

Story Highlights
Arbutus Biopharma Faces Executive Changes Amid Legal Battle

Arbutus Biopharma ( (ABUS) ) has provided an update.

Arbutus Biopharma Corporation announced the termination of two key executives, Karen Sims, Chief Medical Officer, and David Hastings, Chief Financial Officer, in March 2025. Both executives have entered into separation and consulting agreements with the company, allowing them to extend the exercise period of their stock options for up to a year post-termination. Additionally, Arbutus Biopharma is involved in a legal dispute with Moderna, Inc. over patent infringement related to Moderna’s COVID-19 vaccine, with the trial date moved to September 29, 2025.

More about Arbutus Biopharma

YTD Price Performance: 6.69%

Average Trading Volume: 904,305

Technical Sentiment Signal: Strong Sell

Current Market Cap: $666.4M

See more insights into ABUS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App