financetom
Business
financetom
/
Business
/
CureVac Provides Trial Dates for Patent Litigation Against Pfizer, BioNTech
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CureVac Provides Trial Dates for Patent Litigation Against Pfizer, BioNTech
Jul 11, 2024 5:28 AM

08:06 AM EDT, 07/11/2024 (MT Newswires) -- CureVac ( CVAC ) on Thursday provided the latest trial dates for its ongoing patent litigation against Pfizer ( PFE ) and BioNTech (BNTX) in multiple locations including the US, UK and Germany.

The US trial will take place on March 3, 2025 before the US District Court of the Eastern District of Virginia. A previous court recommendation to stay the proceedings for all 10 US patents was withdrawn, the company said.

Litigation in Europe will continue March 25, 2025, with a hearing on the validity of EP 3 708 668 B1 before the Opposition Division of the European Patent Office. The infringement action related to this patent was suspended pending the validity determination by the European Patent Office, the company said.

Lastly, a trial in the UK started on July 10 based on a declaration of non-infringement and request for revocation by Pfizer ( PFE ) and BioNTech in the UK for the two CureVac ( CVAC ) patents EP 3 708 668 B1 and EP 4 023 755 B1. CureVac ( CVAC ) counterclaimed for infringement and a judgement is expected later in 2024.

Price: 3.1500, Change: +0.04, Percent Change: +1.29

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Kraft Heinz cuts annual sales forecast
Kraft Heinz cuts annual sales forecast
Jul 31, 2024
July 31 (Reuters) - Kraft Heinz ( KHC ) on Wednesday slashed its organic sales forecast for the full year, in a sign that higher prices of its snacks and ready-to-eat meal kits will continue to weigh on consumer demand. The Heinz ketchup maker now expects fiscal year 2024 organic net sales to be flat to down 2%, from its...
The Lion Electric Q2 Net Loss Widens, Unveils Plan to Streamline Operations Including Workforce Reduction
The Lion Electric Q2 Net Loss Widens, Unveils Plan to Streamline Operations Including Workforce Reduction
Jul 31, 2024
07:03 AM EDT, 07/31/2024 (MT Newswires) -- The Lion Electric ( LEV ) , a manufacturer of all-electric medium and heavy-duty urban vehicles, on Wednesday said its second-quarter net loss widened. The net loss was US$19.3 million, or US$0.09 per share, widening from a loss of US$11.8 million, or US$0.05 per share. Revenue fell to US$30.3 million from US$58.0 million....
Trane Tech raises profit and revenue forecasts on resilient demand
Trane Tech raises profit and revenue forecasts on resilient demand
Jul 31, 2024
July 31 (Reuters) - Trane Technologies ( TT ) on Wednesday raised its full-year profit and revenue forecasts, anticipating strong demand for heating and air-conditioning systems from commercial buildings. Shares of the company were up 3.8% in premarket trade. The company now expects 2024 adjusted profit of $10.80 per share, above its previous forecast of between $10.40 and $10.50 per...
Teva Pharma lifts annual profit view on strong generic, Huntington's disease drug sales
Teva Pharma lifts annual profit view on strong generic, Huntington's disease drug sales
Jul 31, 2024
July 31 (Reuters) - Teva Pharmaceutical Industries raised its full-year profit forecast on Wednesday, banking on strength in its generic drug business and strong sales of its Huntington's disease drug. Teva now expects its profit for the full year 2024 to be between $2.30 and $2.50 per share, compared with its previous expectation of $2.20-$2.50 per share. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved