financetom
Business
financetom
/
Business
/
German court rules Pfizer, BioNTech violated Moderna's COVID-19 vaccine patent
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
German court rules Pfizer, BioNTech violated Moderna's COVID-19 vaccine patent
Mar 5, 2025 7:33 AM

DUESSELDORF, Germany (Reuters) -A German court on Wednesday ruled that Pfizer ( PFE ) and its partner BioNTech violated a COVID-19 vaccine patent held by Moderna ( MRNA ).

In a statement, the court in the city of Duesseldorf said that Pfizer ( PFE ) and BioNTech would have to provide information on earnings derived from the use of the patent and that they owe Moderna ( MRNA ) appropriate compensation, though the ruling can still be appealed to a higher court.

The court added that Pfizer ( PFE ) and BioNTech had argued they were authorised by a press release from Moderna ( MRNA ) to use the technology behind the patent until the World Health Organization declared in May 2023 that COVID-19 was no longer a global health emergency.

The court told Reuters it had not ruled on the amount to be paid, which would depend on further legal proceedings and any appeal.

(Reporting by Matthias Inverardi, writing by Ludwig Burger, editing by Thomas Escritt and Thomas Seythal)

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 >
Lawsuit says Clorox hackers got passwords simply by asking
Lawsuit says Clorox hackers got passwords simply by asking
Jul 22, 2025
WASHINGTON (Reuters) -Bleach maker Clorox said Tuesday that it has sued information technology provider Cognizant over a devastating 2023 cyberattack, alleging that the hackers pulled off the intrusion simply by asking the tech company's staff for employees' passwords. Clorox was one of several major companies hit in August 2023 by the hacking group dubbed Scattered Spider, which specializes in tricking...
Sector Update: Consumer
Sector Update: Consumer
Jul 22, 2025
03:17 PM EDT, 07/22/2025 (MT Newswires) -- Consumer stocks were rising late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) advancing 1%. Redbook US same-store sales climbed 5.1% from a year earlier in the week ended July 19 after a 5.2% increase in the previous week....
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Indonesia to cut tariffs, non-tariff barriers in US trade deal, Trump official says
Indonesia to cut tariffs, non-tariff barriers in US trade deal, Trump official says
Jul 22, 2025
July 22 (Reuters) - Indonesia will drop tariffs to zero on more than 99% of its trade with the United States and will also eliminate all non-tariff barriers for American goods in a deal that cuts threatened U.S. tariffs on Indonesian products to 19% from an initial 32%, a senior Trump administration official said on Tuesday. Indonesia will immediately drop...
Copyright 2023-2026 - www.financetom.com All Rights Reserved