Risk Management Policy. The Company undertakes transactions denominated in foreign currencies and as such is exposed to currency risk due to fluctuations in foreign exchange rates. The Company does not use derivative instruments to reduce exposure to foreign exchange risk.
Appears in 4 contracts
Samples: License and Collaboration Agreement (Spring Bank Pharmaceuticals, Inc.), Share Purchase Agreement (Spring Bank Pharmaceuticals, Inc.), License and Collaboration Agreement (Denali Therapeutics Inc.)