2024-04-23 14:40:54 ET
Summary
- Moderna's stock rose after positive results from its cancer vaccine trial, but legal issues could lead to a massive judgment against the company.
- Moderna is facing a patent dispute over its use of lipid nanoparticles technology without proper licensing or compensation.
- I believe the company's defense, citing an obscure law, is unlikely to hold up in court, and the outcome could result in significant damages.
Shares in Moderna ( MRNA ), maker of the breakthrough mRNA shot against Covid-19, jumped to a three-month high this month [April 2024] after its cancer vaccine showed promising results in an early-stage clinical trial for patients with head and neck cancer. [1] ...
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Moderna Investors Should Beware Patent-Dispute Fallout