Company: INDP
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0001493152-25-010136
Chunk: 83

Company: Indaptus Therapeutics, Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 1
Chunk 83
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 or disclose individually identifiable health information from a covered
entity in a manner that is not authorized or permitted by the Health Insurance Portability and Accountability Act, as amended by the
Health Information Technology for Economic and Clinical Health Act of 2009, and regulations implemented thereunder or applicable state
laws.

54

Violations
of or liabilities under environmental, health and safety laws and regulations could subject us to fines, penalties or other costs that
could have a material adverse effect on the success of our business.

We
are subject to numerous environmental, health and safety laws and regulations, including those governing laboratory procedures, the handling,
use, storage, treatment and disposal of hazardous materials and wastes and the cleanup of contaminated sites. Our operations involve
the use of potentially hazardous and flammable materials, including chemicals and biological materials. Our operations also produce hazardous
waste products. We could incur substantial costs as a result of violations of or liabilities under environmental requirements in connection
with our operations or property, including fines, penalties and other sanctions, investigation and cleanup costs and third-party claims.
Although we generally contract with third parties for the disposal of hazardous materials and wastes from our operations, we cannot eliminate
the risk of contamination or injury from these materials. In the event of contamination or injury resulting from our use of hazardous
materials, we could be held liable for any resulting damages, and any liability could exceed our resources.

Furthermore,
environmental laws and regulations are complex, change frequently and have tended to become more stringent. We cannot predict the impact
of changes to applicable laws and regulations and cannot be certain of our future compliance. In addition, we may incur substantial costs
in order to comply with current or future environmental, health and safety laws and regulations. These current or future laws and regulations
may impair our research, development or production efforts.

Although
we maintain workers’ compensation insurance to cover us for costs and expenses we may incur due to injuries to our employees resulting
from the use of hazardous materials, this insurance may not provide adequate coverage against potential liabilities. We do not maintain
insurance for environmental liability or toxic tort claims that may be asserted against us in connection with our storage or disposal
of biological, hazardous or radioactive materials.

Other
Risks Related to Our Business

Our
business and operations may suffer in the event of information technology system failures, cyberattacks or deficiencies in our cybersecurity.

We
collect and maintain information in digital form that is necessary to conduct our business, and we are increasingly dependent on information
technology systems and infrastructure to