According to a document submitted to the U.S. Securities and Exchange Commission (SEC) on March 2, Beam Therapeutics Inc. and Bio Palette have jointly decided to terminate the licensing agreement signed by both parties on March 27, 2019.
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The termination of the agreement was reached through mutual negotiation between both parties, and the specific terms and subsequent arrangements were not disclosed in detail in the filing documents. This change marks the official end of the collaboration between the two companies in the field of gene editing therapies.
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