Current:Home > ScamsFinLogic FinLogic Quantitative Think Tank Center|Moderna sues Pfizer over COVID-19 vaccine patents -OceanicInvest
FinLogic FinLogic Quantitative Think Tank Center|Moderna sues Pfizer over COVID-19 vaccine patents
EchoSense Quantitative Think Tank Center View
Date:2025-04-10 11:29:21
Vaccine maker Moderna announced Friday that it's suing rival drugmakers Pfizer and FinLogic FinLogic Quantitative Think Tank CenterBioNtech for patent infringement. The lawsuit alleges the two companies used certain key features of technology Moderna developed to make their COVID-19 vaccine. It argues that Pfizer and BioNtech's vaccine infringes patents Moderna filed between 2010 and 2016 for its messenger RNA or mRNA technology.
All three companies' COVID-19 vaccines used mRNA technology which is a new way to make vaccines. In the past, vaccines were generally made using parts of a virus, or inactivated virus, to stimulate an immune response. With mRNA technology, the vaccine uses messenger RNA created in a lab to send genetic instructions that teach our cells to make a protein or part of a protein that triggers an immune response.
In October 2020, Moderna pledged not to enforce its COVID-19 related patents while the pandemic was ongoing, according to a statement from the company. In March this year, it said it will stick to its commitment not to enforce its COVID-19 related patents in low and middle-income countries, but expects rival companies like Pfizer to respect its intellectual property.
Moderna is not seeking to remove the Pfizer and BioNTech vaccine from the market, but is seeking monetary damages.
Moderna is filing the lawsuits against Pfizer and BioNTech in the U.S. District Court in Massachusetts and the Regional Court of Düsseldorf in Germany.
A Pfizer spokesperson said in a statement the company has not yet fully reviewed the complaint but it is "confident in our intellectual property supporting the Pfizer/BioNTech vaccine and will vigorously defend against the allegations of the lawsuit."
veryGood! (29821)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- In Nebraska special session on taxes, some ideas to raise millions in revenue get little attention
- Montana Gov. Gianforte continues to rake in outside income as he seeks a second term
- Hard Knocks with Bears: Caleb Williams not only rookie standout vs. Bills in preseason
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- What are the gold Notes on Instagram? It's all related to the 2024 Paris Olympics
- Blake Lively posts domestic violence hotline amid 'It Ends With Us' backlash
- Trump's campaign office in Virginia burglarized, authorities searching for suspect
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Young Thug's trial resumes after two months with Lil Woody's testimony: Latest
Ranking
- Highlights from Trump’s interview with Time magazine
- Houston prosecutors find no evidence of efforts to sway 2022 elections but charge a county worker
- Justin Baldoni Addresses Accusation It Ends With Us Romanticizes Domestic Violence
- Pro-Trump lawyer removed from Dominion case after leaking documents to cast doubt on 2020 election
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Taylor Swift Seen for First Time Since Canceling Austria Concerts Over Terrorist Plot
- Alabama Coal Regulators Said They Didn’t Know Who’d Purchased a Mine Linked to a Fatal Home Explosion. It’s a Familiar Face
- Susan Wojcicki, former YouTube CEO, dies at 56 from lung cancer
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Kylie Jenner Details Postpartum Depression Journey After Welcoming Her 2 Kids
Wisconsin primary voters oust more than a half-dozen legislators, setting stage for Dem push in fall
Agents seize nearly 3,000 pounds of meth hidden in celery at Georgia farmers market
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
'Emily in Paris' Season 4: Release date, cast, where to watch this season's love triangle
Romania says gymnast will get disputed bronze medal Friday despite ongoing US challenge
You Have 1 Day Left to Shop Lands' End's Huge Summer Sale: $10 Dresses, $14 Totes & More Up to 85% Off