Sun Pharma Advanced Research Company Ltd (SPARC) on Tuesday, December 17, said it has signed a binding Letter of Intent (LoI) with the University of California, San Francisco (UCSF) and Tiller ...

The LOI outlines the key terms of license and rights for development and commercialization by Tiller. Under the terms of the LOI, SPARC will receive a 55% equity stake in Tiller upon execution of LOI.

Reebok is undergoing job cuts as it pivots resources, a Sparc spokesperson confirmed to Retail Dive. Sparc, the joint venture between Authentic, Simon Property Group and Shein that runs Reebok’s ...