• By The Financial District

Arbutus Sues Moderna For Patent Infringement, Seeks Compensation

Arbutus Biopharma Corp. said on Monday it has filed a lawsuit against Moderna Inc. seeking damages for infringement of patents related to its COVID-19 vaccine, Reuters reported.


Photo Insert: Arbutus and Genevant do not seek to interfere with the sale, manufacturing, or distribution of Moderna's COVID-19 vaccine.



The lawsuit comes after a federal appeals court in December rejected Moderna's challenge to patents belonging to Arbutus Biopharma that were licensed to Genevant Sciences Inc.


The court let stand an administrative panel's findings that Arbutus' patents - which may cover technology used in the vaccines - were valid, as the science involved was not previously known.



Arbutus and Genevant do not seek to interfere with the sale, manufacturing, or distribution of Moderna's COVID-19 vaccine, said Arbutus Chief Executive Officer William Collier in a statement.


"However, we seek fair compensation for Moderna's use of our patented technology that was developed with great effort and at great expense, without which Moderna's COVID-19 vaccine would not have been successful."


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Genevant Sciences was launched in 2018 by Arbutus and Roivant Sciences Ltd. Roivant owns about 80% of Genevant and Arbutus holds the remaining stake.



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