Moderna loses patent battles and could face lawsuit over COVID vaccine




 

A federal appeals court on Wednesday dismissed two patent challenges from Moderna over key components involved in making its COVID-19 vaccine.

Why it matters: The court's decision to side with Arbutus Biopharma means Arbutus could potentially sue Moderna for patent infringement and demand royalties from Moderna's COVID-19 vaccine, which is expected to generate up to $18 billion of revenue this year.

Get market news worthy of your time with Axios Markets. Subscribe for free.

Details: The patent cases have been ongoing since early 2018 and involve Arbutus' small lipid particles and other related mRNA drug technology.

  • In one of today's patent decisions, the court acknowledged how Shaun Ryan, Moderna's deputy general counsel, said there is "substantial risk that Arbutus may bring an infringement action relating to Moderna's COVID-19 vaccine."

Worth noting: Moderna doesn't specifically mention Arbutus in its quarterly and annual financial filings with the Securities and Exchange Commission.

COMMENTS

More Related News

Supreme Court Justice Stephen G. Breyer to retire, giving Biden his first appointment
Supreme Court Justice Stephen G. Breyer to retire, giving Biden his first appointment

Justice Stephen G. Breyer announces his retirement, clearing the way for President Biden to make his first appointment to the Supreme Court.

Pfizer starts clinical trial for omicron-specific Covid vaccine
Pfizer starts clinical trial for omicron-specific Covid vaccine

Pfizer and BioNTech announced Tuesday that they have started a clinical trial testing a modified Covid-19 vaccine to protect against the supercontagious

Germany to receive 3.8 million doses of Novavax
Germany to receive 3.8 million doses of Novavax's new COVID vaccine in Q1
  • US
  • 2022-01-25 09:37:02Z

Germany expects to receive 3.8 million doses of Novavax's newly approved COVID-19 vaccine Nuvaxovid by March 20, the health ministry said on Tuesday, as the ...

Two executions to proceed in Oklahoma after appeals court denies stays
Two executions to proceed in Oklahoma after appeals court denies stays
  • US
  • 2022-01-25 03:06:36Z

The 10th U.S. Circuit Court of Appeals refused to block Oklahoma officials from executing Donald Anthony Grant and Gilbert Ray Postelle.

European Medicines Agency panel approves scaling up AstraZeneca COVID vaccine production
European Medicines Agency panel approves scaling up AstraZeneca COVID vaccine production
  • US
  • 2022-01-24 14:36:14Z

An existing manufacturing site operated by Universal Farma in Guadalajara, Spain, will add a second filling line for the vaccine, the European Medicines...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

  • best prices for cialis 20mg
    (2021-12-05 00:13:56Z)

    cialis without a doctor prescription https://cialiswithdapoxetine.com/# cialis online

    REPLY
  • cialis dosage
    (2021-12-05 00:31:01Z)

    can ubuy cialis on streets https://cialiswithdapoxetine.com/# cialis coupon

    REPLY
  • cialis dosage
    (2021-12-05 01:52:56Z)

    cheap cialis https://cialiswithdapoxetine.com/# cialis without a doctor prescription

    REPLY
  • cialis black is it safe
    (2021-12-05 02:54:10Z)

    cialis dosage https://cialiswithdapoxetine.com/# buy cialis online

    REPLY
  • can ubuy cialis on streets
    (2021-12-05 07:39:44Z)

    cialis alternative https://cialiswithdapoxetine.com/# buy cialis usa

    REPLY
  • cialis without a doctor prescription
    (2021-12-05 08:53:55Z)

    best prices for cialis 20mg https://cialiswithdapoxetine.com/# cialis 20 mg

    REPLY
  • buy cialis usa
    (2021-12-06 17:20:03Z)

    cialis without a doctor prescription https://cialiswithdapoxetine.com/# cialis tablets

    REPLY
  • cialis coupon
    (2021-12-06 19:47:04Z)

    fastest delivery of cialis https://cialiswithdapoxetine.com/# buy cialis usa

    REPLY
  • cialis 20 mg
    (2021-12-06 20:30:17Z)

    can i take cialis with daxpoteine https://cialiswithdapoxetine.com/# cialis price

    REPLY
  • cialis alternative
    (2021-12-07 00:44:22Z)

    fastest delivery of cialis https://cialiswithdapoxetine.com/# cialis without a doctor prescription

    REPLY
  • cheap cialis
    (2021-12-07 02:42:12Z)

    cialis without a doctor prescription https://cialiswithdapoxetine.com/# cialis without a doctor prescription

    REPLY

Top News: Latin America