Change in Date of Anticipated Arbitration Decision in Sucampo Pharmaceuticals Dispute

[Anonymous]

BETHESDA, Md., May 30, 2012 (BUSINESS WIRE) --Sucampo Pharmaceuticals, Inc. (NASDAQ: SCMP) announced today that the International Court of Arbitration, International Chamber of Commerce (ICC), has notified the Company of a change in the anticipated date of the arbitration decision related to its demand for arbitration under the applicable provisions of the Collaboration and License Agreement with Takeda Pharmaceuticals Company Limited, or Takeda. The ICC extended the date from May 31, 2012, to June 29, 2012. Sucampo does not know how long thereafter the proceedings will conclude.

 

[Anonymous]

Re: Change in Date of Anticipated Arbitration Decision in Sucampo Pharmaceuticals Dis

No arbitration decision now until July, posted on Sucampo web site. (this is like the 4th time its been pushed back, this could go on for yrs)
So earlyiest hiring would be late july or early Aug at earliest an thats
only if sucampo wins the arbitration with takeda.

 

[Anonymous]

Re: Change in Date of Anticipated Arbitration Decision in Sucampo Pharmaceuticals Dis

Good grief! Seems as though I am going to keep looking!

 

[Anonymous]

Re: Change in Date of Anticipated Arbitration Decision in Sucampo Pharmaceuticals Dis

son of a b........

 

[Anonymous]

Re: Change in Date of Anticipated Arbitration Decision in Sucampo Pharmaceuticals Dis

Does management get briefed on what goes on in proceedings? Why does it keep getting pushed back?

 

[Anonymous]

Re: Change in Date of Anticipated Arbitration Decision in Sucampo Pharmaceuticals Dis

Does management get briefed on what goes on in proceedings? Why does it keep getting pushed back?

This could go on for years.