Pharma giants to meet in court

pharma giants to meet in court

CLASH Stephane Bancel, CEO of Moderna, speaks during the Semafor 2024 World Economy Summit in Washington, D.C., on April 18, 2024. Moderna faces its corporate rival Pfizer and its German partner BioNTech in a London court over patents for Covid vaccine technology. AFP PHOTO

LONDON: A row between pharmaceutical firms Moderna and Pfizer/BioNTech comes to court in London on Tuesday over patents for Covid vaccine technology that helped save millions of lives during the pandemic.

At issue is US firm Moderna’s claim that its American competitor Pfizer and its German partner BioNTech breached patent law over its Comirnaty vaccine.

Moderna claims it is due compensation for products manufactured after March 7 last year. But Pfizer and BioNTech deny infringement and want two Moderna patents withdrawn as “invalid.”

The hearing is due to start at the High Court in London from 0930 GMT and is expected to last until mid-May. A ruling will come at a later date.

Moderna has filed similar patent infringement claims against Pfizer and BioNTech elsewhere, notably in the United States and Germany.

The companies earned billions of dollars from the use of cutting-edge Messenger RNA (mRNA) technology in Covid jabs.

Such vaccines work by delivering genetic instructions to turn some of the host’s cells into virus-like particles, priming the immune system to mount a response.

Such vaccines were approved within months of a global pandemic being declared by the World Health Organization in March 2020.

Moderna said in 2020 that it would not enforce Covid-19-related patents while the pandemic continued.

But it announced in March last year that it expected its intellectual property to be respected in non-low- and middle-income countries where supply was no longer an issue.

A Moderna spokesman on Monday said that the company will on Tuesday argue that Pfizer and BioNTech infringed two of its mRNA patents.

“Moderna is confident in the breadth, depth and strength of its platform, which is protected by multiple patents,” he told Agence France-Presse (AFP).

Pfizer/BioNTech, however, are expected to argue that Moderna pledged not to sue over its Covid vaccine technology patents.

News Related

OTHER NEWS

Aliw Awards nominations out

ALIW Awards Foundation Inc. President Alice H. Reyes has released the names of finalists for the 2023 Aliw Awards to be presented on Dec. 11, 2023, at the Manila Hotel ... Read more »

WhatsApp Web gains the feature of single-view photos and videos

WhatsApp Web gains the feature of single-view photos and videos (Photo: Unsplash) The WhatsApp Web, the desktop version of the popular messaging app from Meta, has received an update allowing ... Read more »

Young athletes’ time to shine in Siklab Awards

Young athletes’ time to shine in Siklab Awards MANILA, Philippines — The future heroes of Philippine sports will be honored during the third Siklab Youth Sports Awards on Dec. 4 ... Read more »

Local exec says 5-10 barangays still isolated in Northern Samar

Graphics by Jannielyn Ann Bigtas A local government official said Monday that five to 10 barangays in Northern Samar are still isolated following the massive flooding in the area last ... Read more »

App made by ex-jeepney driver will let you pay PUV fare, book tricycles

DyipPay app lets you pay jeepney fare, book tricycles “Barya lang po sa umaga.” Everyone who rides jeepneys knows this rule: it may not be an actual law, but it’s ... Read more »

Updated In-Season Tournament Bracket ahead of pool play finale

Updated In-Season Tournament Bracket ahead of pool play finale Tuesday will mark the last day of pool play for the inaugural NBA In-Season Tournament. From there, six first-place teams and ... Read more »

PCG forms teams for maritime emergency response

PCG forms teams for maritime emergency response MANILA, Philippines — Recent incidents of fishermen lost in the waters off Southern Tagalog have prompted the Philippine Coast Guard (PCG) to form ... Read more »
Top List in the World