Item 8.01. Other Events.

On June 23, 2021, the United States Court of Appeals for the Fourth Circuit affirmed the liability verdict in the Eshelman v. Puma Biotechnology, Inc., et al. matter but found the $22.35 million damages award, payable by us, to be excessive in light of the evidence at trial. The Court vacated this award and remanded for a new trial on damages. The Court's judgment will take effect in 28 days, unless the plaintiff files a petition for rehearing. The judgment eliminates the damages award, including interest on the judgment, pending further proceedings on remand.

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