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Insider Trading Arrangements
9 Months Ended
Sep. 30, 2025
shares
Trading Arrangements, by Individual [Table]  
Material Terms of Trading Arrangement [Text Block]

Item 5. Other Information.

 

Trading Plans

 

On  August 15, 2025our Chief Medical OfficerMark Schoenberg, entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act, to sell up to 40,000 ordinary shares. The trading plan expires on  November 18, 2026.

 
Agenus License Agreement Termination
 
In November 2025, we provided notice to terminate the license agreement with Agenus in connection with our decision to discontinue development of UGN- 301. Under the terms of the license agreement, following notice of termination, the agreement will terminate upon the later of (a) the expiration of a 180-day notice period; or (b) completion of all wind-down activities and delivery of all Agenus Improvements (as defined in the license agreement) to Agenus. We do not expect to incur any costs in connection with the termination of the agreement.
 
Lease Extension
 
On August 8, 2025, we entered into an amendment to our lease agreement, dated November 4, 2019, between us and Witman Properties, L.L.C. and Alexander Road at Davanne, L.L.C. (collectively, the “Landlord”). Pursuant to the amendment, we extended the expiration date of the lease from January 31, 2026 to April 30, 2031. Commencing with the extension term on February 1, 2026, our base rent will be approximately $0.6 million per year, or approximately $3.0 million in total during the extension term.
 
The foregoing summary of the lease amendment is qualified in its entirety by reference to the lease amendment, a copy of which is filed as Exhibit 10.1 to this Quarterly Report.
Rule 10b5-1 Arrangement Terminated [Flag] false
Non-Rule 10b5-1 Arrangement Terminated [Flag] false
Non-Rule 10b5-1 Arrangement Adopted [Flag] false
Mark Schoenberg [Member]  
Trading Arrangements, by Individual [Table]  
Trading Arrangement, Securities Aggregate Available Amount 40,000
Trading Arrangement Adoption Date August 15, 2025
Trading Arrangement, Individual Title Chief Medical Officer
Trading Arrangement, Individual Name Mark Schoenberg
Rule 10b5-1 Arrangement Adopted [Flag] true