Two biotechnology companies filed a lawsuit against Moderna this week and alleged the vaccine manufacturer infringed on patented technology in the development of its commonly used COVID-19 shot.
"Moderna was well aware of Arbutus’s LNP patents and licensed them for other product programs, but it chose not to do so for its COVID-19 vaccine. Instead, it attempted to invalidate several of the patents before the United States Patent and Trademark Office, and when those efforts largely failed, Moderna simply used the patented technology without paying for it or even asking for a license," the complaint read.
The two companies alleged that Moderna committed seven counts of patent infringement. They are asking for financial compensation from the company.
In a statement on Monday, Moderna denied the allegations contained in the civil lawsuit.
The statement added: "Further, pursuant to 28 U.S.C. §1498, Moderna has notified the U.S. government about the accusation of infringement against sales to the U.S. government, so that the U.S. government can protect its rights in defending against any alleged liability to Genevant. "
"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," Collier continued to say.
In late February, Moderna CEO Stephane Bancel said that orders of its vaccine rose to $19 billion for 2022 sales, which is up from the $18.5 billion that was announced a month before.
“We believe there’s a high probability that we’re moving into an endemic setting,” Bancel told CNBC last week. “We should still be cautious because as we’ve seen with Delta, which came after Alpha and was more virulent, [it] is always possible to get the more virulent variant of course.”
The Epoch Times has contacted Moderna for additional comment.