Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / roche astrazeneca to settle patent lawsuit over rare


AZN - Roche AstraZeneca to settle patent lawsuit over rare drug Ultomiris - Fierce Pharma

Roche (OTCQX:RHHBY) is closing a patent infringement suit against AstraZeneca (NASDAQ:AZN) related to the rare disease medicine Ultomiris, Fierce Pharma reported. AstraZeneca had inherited the rare disease drug Ultomiris after acquiring Alexion Pharmaceuticals. Roche’s Chugai Pharmaceutical (OTCPK:CHGCF) (OTCPK:CHGCY) and Alexion signed an agreement to end a 2018 Delaware lawsuit claiming that Alexion unlawfully used Chugai's patented drug-delivery technology to reduce the dosing frequency for Ultomiris, a Fierce Pharma reported citing documents from a Delaware federal court. The patent is related to a technology that could extend the half-life of an antibody drug, such as Ultomiris, in the blood, which improves the time duration in which the antibody binds and neutralizes target antigens, according to the report. Chugai had filed a similar lawsuit in Tokyo. Chugai had argued that Alexion knew it would be infringing the patent because Alexion had tried to license the technology in 2012-2013, added the report. Ultomiris recorded revenue of $688M in

For further details see:

Roche, AstraZeneca to settle patent lawsuit over rare drug Ultomiris - Fierce Pharma
Stock Information

Company Name: AstraZeneca PLC
Stock Symbol: AZN
Market: NYSE
Website: astrazeneca.com

Menu

AZN AZN Quote AZN Short AZN News AZN Articles AZN Message Board
Get AZN Alerts

News, Short Squeeze, Breakout and More Instantly...