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0 -0.00197582037996552 -0.00690846286701219 -0.00690846286701219 0 0.00794473229706379 0.00470466321243519 -0.0117443868739205
Stock impact report

Moderna rises as up to $2.25 billion settlement for COVID vaccine patent dispute to remove overhang [Yahoo! Finance]

Roivant Sciences Ltd. (ROIV) 
Company Research Source: Yahoo! Finance
that made its COVID-19 vaccine possible, removing an overhang and ?allowing it to focus on its pipeline. Analysts noted the settlement, which involves paying up to $2.25 billion ?to a Roivant Sciences' Genevant subsidiary, and Arbutus Biopharma, would shift investor focus back to Moderna's cancer vaccines that are under development. This resolves all U.S. and international legal actions accusing Moderna of unauthorized use of lipid nanoparticle (LNP) technology owned ?by Genevant and Arbutus in ?its COVID vaccine. "The company (now) has certainty it is well funded through multiple late-stage oncology readouts expected in 2026 that represent ?new long-term growth drivers," said William Blair analyst Myles Minter. Moderna will pay $950 million upfront in July 2026, with an additional $1.3 billion contingent on the outcome of ?a separate ?legal appeal, while not owing royalties for ?the technology in its future ?vaccines, which is seen as a significant win for the company. The pa Show less Read more
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