Skip to content
Stock Focus Report

Stock Focus Report

Primary Menu
  • Home
  • Business
  • Economy
  • Domestic
  • Money
  • Politics
  • Top News
  • Newsletters
  • Home
  • 2024
  • April
  • 25
  • GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
  • Business

GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology

Stock Focus Report April 25, 2024
FILE PHOTO: Illustration shows GSK (GlaxoSmithKline) logo

FILE PHOTO: Illustration shows GSK (GlaxoSmithKline) logo

By Blake Brittain

(Reuters) -GlaxoSmithKline sued Pfizer and BioNTech in Delaware federal court on Thursday, accusing them of infringing GSK patents related to messenger RNA (mRNA) technology in the companies’ blockbuster COVID-19 vaccines.

GSK said in the lawsuit that Pfizer and BioNTech’s Comirnaty vaccines violate the company’s patent rights in mRNA-vaccine innovations developed “more than a decade before” the outbreak of the COVID-19 pandemic.

A Pfizer spokesperson said in a statement that the company is “confident in our IP position around Comirnaty” and intends to “vigorously defend” against GSK’s claims. A BioNTech spokesperson declined to comment on the complaint.

A GSK spokesperson said the company believes its patents “provided the foundational technology used in Pfizer and BioNTech’s COVID-19 mRNA vaccines,” and that it is “willing to license these patents on commercially reasonable terms and to ensure continued patient access” to the shots.

The lawsuit adds to a web of high-stakes U.S. court cases involving Pfizer, BioNTech and Moderna over patent royalties for technology used in their vaccines, including a case brought by Moderna against Pfizer in 2022.

Pfizer made $11.2 billion from sales of Comirnaty last year, while Moderna earned $6.7 billion in revenue from its vaccine Spikevax. Sales of both vaccines declined significantly last year from 2022.

London-based GSK asked the court for an unspecified amount of monetary damages from Pfizer and BioNTech that includes an ongoing patent-licensing fee.

GSK said in the complaint that its patents cover technology for transporting fragile mRNA into human cells that scientists began developing in 2008. GSK said it bought the rights to the inventions when it acquired part of Novartis’ vaccines business in 2015.

GSK also sued Pfizer for patent infringement last year over technology used in Pfizer’s respiratory syncytial virus (RSV) vaccine Abrysvo. Pfizer has denied GSK’s claims in that case.

(Reporting by Blake BrittainEditing by David Bario and Chizu Nomiyama and Franklin Paul)

tagreuters.com2024binary_LYNXNPEK3O0ON-VIEWIMAGE

Continue Reading

Previous: Blackstone to buy restaurant chain Tropical Smoothie
Next: Microsoft-backed Rubrik’s stock jumps 21% in NYSE debut

Related Stories

2025-05-28T145019Z_1_LYNXNPEL4R0T2_RTROPTP_4_UBS-GROUP-FOREX
  • Business

Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets

Stock Focus Report May 28, 2025
2025-05-27T162116Z_1_LYNXNPEL4Q0TG_RTROPTP_4_CANADA-RETAIL-HUDSONS-BAY
  • Business

Canada’s Hudson’s Bay retail chain to terminate more than 8,300 workers by Sunday

Stock Focus Report May 27, 2025
2025-05-27T161542Z_2_LYNXNPEL4Q0SO_RTROPTP_4_SNOWFLAKE-IPO
  • Business

Olympics-LA28 brings on Snowflake as data collaboration provider

Stock Focus Report May 27, 2025

Recent Posts

  • Musk criticizes Trump tax bill: can’t be both big and beautiful
  • Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets
  • US to issue visa bans for foreign nationals who ‘censor’ Americans, Rubio says
  • Musk criticizes Trump tax bill: can’t be both big and beautiful
  • US senator calls for AI competition in Pentagon contracting

Categories

  • Business
  • Domestic
  • Economy
  • Money
  • Newsletters
  • Politics
  • Top News
  • Uncategorized

You may have missed

  • Newsletters

Musk criticizes Trump tax bill: can’t be both big and beautiful

Stock Focus Report May 28, 2025
2025-05-28T145019Z_1_LYNXNPEL4R0T2_RTROPTP_4_UBS-GROUP-FOREX
  • Business

Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets

Stock Focus Report May 28, 2025
2025-05-28T154023Z_2_LYNXNPEL4R0VL_RTROPTP_4_USA-DIPLOMACY-RUBIO

US to issue visa bans for foreign nationals who ‘censor’ Americans, Rubio says

Stock Focus Report May 28, 2025
2025-05-28T143911Z_1_LYNXNPEL4R0SP_RTROPTP_4_USA-CONGRESS-TAX-MUSK

Musk criticizes Trump tax bill: can’t be both big and beautiful

Stock Focus Report May 28, 2025
  • Home
  • Privacy Policy
  • Terms of Service/Use Agreement
  • Disclaimer
  • Contact Us
Copyright © All rights reserved. | MoreNews by AF themes.