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Adial Pharmaceuticals Inc (ADIL) just unveiled an announcement.
Adial Pharmaceuticals, Inc. has finalized a Separation Agreement with Dr. Bankole A. Johnson, entitling him to a one-time fee of $54,375 and the opportunity to earn up to $225,000 based on meeting specific milestones for AD04 development by the end of 2024. Additionally, Dr. Johnson can offer consulting services to the company at $850 per hour. The agreement also includes a clause preventing both parties from making disparaging remarks about each other.
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