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Arbutus files patent infringement lawsuit against Moderna -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: Containers containing the Moderna COVID-19 vaccine are ready to be shipped on the McKesson distribution heart in Olive Department, Mississippi, U.S. December 20, 2020. Paul Sancya/Pool by way of REUTERS/File Photograph

(Reuters) – Arbutus Biopharma (NASDAQ:) Corp mentioned on Monday it had filed a lawsuit in opposition to Moderna (NASDAQ:) Inc in search of damages for infringement of patents associated to its COVID-19 vaccine.

The lawsuit comes after a federal appeals court docket in December rejected Moderna’s problem to patents belonging to Arbutus Biopharma that have been licensed to Genevant Sciences Inc.

The court docket let stand an administrative panel’s findings that Arbutus’ patents – which can cowl know-how used within the vaccines – have been legitimate, because the science concerned was not beforehand identified.

Moderna didn’t instantly reply to a Reuters request for remark.

Arbutus and Genevant don’t search to intrude with the sale, manufacturing or distribution of Moderna’s COVID-19 vaccine, mentioned Arbutus Chief Government Officer William Collier in a press release.

“Nevertheless, we search honest compensation for Moderna’s use of our patented know-how that was developed with nice effort and at nice expense, with out which Moderna’s COVID-19 vaccine wouldn’t have been profitable.”

Genevant Sciences was launched in 2018 by Arbutus and Roivant Sciences Ltd. Roivant owns about 80% of Genevant and Arbutus holds the rest stake.

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