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-0.000975229178856976 -0.000780183343085608 0.000390091671542735 0.00156036668617122 -0.000780183343085608 -0.00390091671542818 -0.00468110005851379 -0.00448605422274242
Stock impact report

GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology [Reuters]

Pfizer, Inc. (PFE) 
Last pfizer, inc. earnings: 4/28 06:45 am Check Earnings Report
Company Research Source: Reuters
to messenger RNA (mRNA) technology in the companies' blockbuster COVID-19 vaccines. GSK that Pfizer and BioNTech's Comirnaty vaccines violate the company's patent rights in mRNA-vaccine innovations developed "more than a decade before" the outbreak of the COVID-19 pandemic. A Pfizer spokesperson said in a statement that the company is "confident in our IP position around Comirnaty" and intends to "vigorously defend" against GSK's claims. Representatives for BioNTech and GSK did not immediately respond to requests for comment on the lawsuit. The lawsuit adds to a web of high-stakes U.S. court cases involving Pfizer, BioNTech and Moderna over patent royalties for technology used in their vaccines, including a in 2022. Pfizer made $11.2 billion from sales of Comirnaty last year, while Moderna earned $6.7 billion in revenue from its vaccine Spikevax. Sales of both vaccines declined significantly last year from 2022. GSK also for patent infringement last year over technology used Show less Read more
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