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Puma Biotechnology, Inc., a biopharmaceutical company, focuses on the development and commercialization of products to enhance cancer care in the United States and internationally. The company's drug candidates include PB272 neratinib (oral) for the patients with early stage HER2-overexpressed/amplified breast cancer; PB272 (neratinib, oral) for the use of neratinib in combination with capecitabine for the treatment of adult patients with advanced or metastatic HER2-positive breast cancer; PB272 (neratinib, oral) for HER2 mutation-positive solid tumors. It has a license agreement with Pfizer, Inc.; and sub-license agreement with Specialised Therapeutics Asia Pte Ltd., CANbridge BIOMED Limited, Pint Pharma International SA, Knight Therapeutics, Inc., Pierre Fabre Medicament SAS, and Bixink Therapeutics Co., Ltd. The company was founded in 2010 and is headquartered in Los Angeles, California.
Puma Biotechnology granted inducement restricted stock unit awards covering 31,625 shares of common stock to four new non-executive employees on July 1, 2026.
The awards were approved by the Compensation Committee under the company's 2017 Employment Inducement Incentive Award Plan in accordance with Nasdaq Listing Rule 5635(c)(4).
The RSUs vest over a three-year period, with one-third vesting on the first anniversary and one-sixth vesting on each subsequent six-month anniversary, subject to continued service.