Dec 16 - Regeneron Pharmaceuticals ( REGN ) has settled
allegations that it misused a patented protein to test its
COVID-19 treatment REGEN-COV, according to filings in New York
federal court.
U.S. District Judge Philip Halpern dismissed the lawsuit
from Allele Biotechnology and Pharmaceuticals on Monday after
the companies disclosed their agreement in a Friday court
filing.
Allele said in a statement that the companies had resolved
the case in a "mutually satisfactory manner." Spokespeople and
attorneys for Regeneron did not immediately respond to a request
for comment and more information about the settlement.
San Diego-based Allele sued Regeneron in 2020, accusing it
of using Allele's fluorescent protein mNeonGreen without a
license to test its coronavirus antibody cocktail REGEN-COV.
Tarrytown, N.Y.-based Regeneron earned nearly $6.2 billion from
sales of the drug in 2021, according to a company report.
Allele settled a lawsuit against Pfizer ( PFE ) and BioNTech in 2022
over their use of the same protein in developing their COVID-19
vaccine Comirnaty.
Halpern denied Regeneron's request to dismiss Allele's case
against it in 2022. The judge also rejected
Regeneron's argument in October that it was immune from the
claims based on a federal law that allows the use of patented
inventions to test drugs during the U.S. Food and Drug
Administration application process.
The companies stipulated last year that Regeneron was liable
for patent infringement if the "safe harbor" defense failed,
leaving the amount of damages Regeneron owed to be determined at
a future trial.
The case is Allele Biotechnology and Pharmaceuticals Inc v.
Regeneron Pharmaceuticals Inc ( REGN ), U.S. District Court for the
Southern District of New York, No. 7:20-cv-08255.
For Allele: David Anstaett, Martin Gilmore, Christopher
Hanewicz, Andrew Dufresne, Elise Edlin and Maria Stubbings of
Perkins Coie
For Regeneron: Michael Morin, David Frazier, Arlene Chow and
Michelle Ernst of Latham & Watkins
Read more:
Regeneron, Pfizer ( PFE ) sued for patent infringement over COVID
antibody cocktail, vaccine
Regeneron must face patent lawsuit over COVID-19 treatment
Regeneron loses key defense in COVID-19 treatment patent
lawsuit
(Reporting by Blake Brittain in Washington)