Donald F. Corcoran President & Chief Executive Officer MethylGene Inc.
Exhibit 10.9
Xxxxxx X. Xxxxxxxx
President & Chief Executive Officer
MethylGene Inc.
0000 Xxxxxxxxx-Xxxxxxx, Xxxxxxxx, Xxxxxx
X0X 0X0 Xxxxxx
August 8th, 2009
Re: Extension of Research Collaboration and License Agreement dated March 25, 2008 (the “Agreement”)
Dear Xx. Xxxxxx X. Xxxxxxxx,
The purpose of this letter is to notify you that Otsuka hereby exercises its option to extend the Research Term for six (6) months pursuant to Section 3.2 (a) of the Agreement. As MethylGene and Otsuka have discussed in the meeting held on July 16th, 2009 in Montreal, Otsuka has proposed to MethylGene the extension of the notice period for thirty (30) days. The proposal was put on held for further consideration by MethylGene until August 5th, 2009; therefore suspending the said notice period.
With this notice, the Agreement has been extended on the same terms and conditions as stipulated in the Agreement until March 24th, 2010, without prejudice to Otsuka’s option for extension of additional six (6) months.
Sincerely Yours,
Xxxxxx Xxxxx
General Manager & Operating Officer
Division of Dermatologicals & Ophthalmologicals
Otsuka Pharmaceutical Col., Ltd.
00, Xxxxx-Xxxxxxxxxxxx, Xxxxxxx-xx, Xxxxx, 000-0000 Xxxxx