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German Court Ruling Impacts COVID-19 Vaccine Patent Dispute

A German court has ruled that Pfizer and BioNTech violated a COVID-19 vaccine patent held by Moderna. The court ordered the two companies to provide information on earnings derived from the use of the patent, with the potential for compensation to be determined in further legal proceedings. The ruling can still be appealed to a higher court.

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Pfizer, BioNTech Face Patent Ruling in German Court Δ1.97

A German court has ruled that Pfizer and its partner BioNTech violated a COVID-19 vaccine patent held by Moderna. The ruling holds Pfizer and BioNTech liable for using the patented technology without permission, and they must provide information on earnings derived from the use of the patent and pay compensation to Moderna. The decision can be appealed to a higher court, but it marks an important milestone in the ongoing intellectual property dispute between the three companies.

MODerna Stock Zooms Nearly 16% Higher on Hump Day Δ1.88

Moderna's stock price surged nearly 16% higher following a court ruling in Germany that found Pfizer and BioNTech had violated a COVID-19 patent held by Moderna. The company, best known for producing the Spikevax vaccine, will receive compensation from its rivals for the use of the patent in developing their own COVID jab, Comirnaty. This decision establishes a significant precedent for intellectual property protection in the pharmaceutical industry.

Moderna (MRNA) Stock Is Rallying Today Δ1.84

Moderna's Court Victory has resulted in a 8% increase in stock value after a German court ruled that BioNTech and Pfizer must pay Moderna damages for infringing on its mRNA patents. The company is now seeking damages based on all sales of Comirnaty over the last three years. This move is seen as a major win for Moderna, which had been seeking compensation for what it claims are stolen intellectual property rights.

Lenovo Wins Appeal in Uk Fight with Ericsson over Interim Patent Licence Δ1.73

Lenovo has won an appeal in Britain in its attempt to get an interim licence to use Ericsson's patents, the latest ruling in the companies' global licensing dispute. English courts have recently permitted parties to pursue short-term patent licences pending trial, including in Amazon's dispute with Nokia. Lenovo sued Ericsson at London's High Court in 2023, one of a number of cases brought by one or other of the two companies around the world over 4G and 5G wireless technology.

IBM Wins UK Lawsuit Against LzLabs Over Alleged Theft of Mainframe Technology Δ1.73

IBM has successfully sued Switzerland-based LzLabs and its subsidiary Winsopia over the alleged theft of trade secrets related to IBM's mainframe technology. The High Court ruled in favour of IBM, finding that Winsopia breached its licensed software agreement with IBM in 2013. This decision could have significant implications for intellectual property protection in the tech industry.

New Version of Merck's Keytruda Faces Possible Patent Battle, WSJ Reports Δ1.72

Merck's newly developed injected version of its cancer drug Keytruda may encounter a patent challenge from Halozyme Therapeutics, which claims the new formulation infringes on its existing patents. This potential dispute poses a significant hurdle for Merck as it seeks to expand the drug's market presence after the expiration of patents for the original intravenous version. Despite the challenge, Merck remains optimistic about the injected version's anticipated launch in early 2026, asserting that they believe Halozyme's patents are invalid.

Investors Reclaim Control of Pfizer Inc. (Pfe) Amid Vaccine Boom Δ1.72

Pfizer Inc. (NYSE:PFE), the pharmaceutical giant behind a leading COVID-19 vaccine, has seen its stock value rise due to strong demand for its life-saving medication and high expectations from investors. The recent surge in vaccine-related stocks has led to increased investor confidence in Pfizer's ability to deliver on its promises. With the company's vaccine sales reaching new heights, Pfizer is poised to become one of the best-performing biotech stocks.

Novavax's Quarterly Loss Shrinks as It Ramps Down Spending on Covid Vaccines Δ1.71

Novavax's fourth-quarter loss narrowed on Thursday, helped by reduced selling and administrative expenses of COVID-19 vaccines. The company has struggled to keep up with the pace of rivals Moderna and Pfizer, which make messenger RNA-based vaccines compared to its protein-based shot. Novavax signed a deal worth at least $1.2 billion with French drugmaker Sanofi in May to hand over the rights to sell its vaccines in several markets.

US Judge Bars Trump Administration From Cutting NIH Research Funding Δ1.71

A U.S. District Judge has issued a nationwide injunction preventing the Trump administration from implementing significant cuts to federal grant funding for scientific research, which could have led to layoffs and halted critical clinical trials. The ruling came in response to lawsuits filed by 22 Democratic state attorneys general and medical associations, who argued that the proposed cuts were unlawful and detrimental to ongoing research efforts. The judge emphasized that the abrupt policy change posed an "imminent risk" to life-saving medical research and patient care.

IBM Wins UK Lawsuit Against LzLabs over Alleged Theft of Mainframe Technology Δ1.71

IBM has emerged victorious in a London lawsuit against US tech entrepreneur and philanthropist John Moores' company LzLabs, which the IT giant accused of stealing trade secrets. The High Court largely ruled in IBM's favour, with Judge Finola O'Farrell saying that Winsopia breached the terms of its IBM software licence and that "LzLabs and Mr Moores unlawfully procured (those) breaches." This ruling is significant, as it highlights the importance of protecting intellectual property in the tech industry.

Judge Allows Authors' AI Copyright Lawsuit Against Meta to Move Forward Δ1.71

A federal judge has permitted an AI-related copyright lawsuit against Meta to proceed, while dismissing certain aspects of the case. Authors Richard Kadrey, Sarah Silverman, and Ta-Nehisi Coates allege that Meta used their works to train its Llama AI models without permission and removed copyright information to obscure this infringement. The ruling highlights the ongoing legal debates surrounding copyright in the age of artificial intelligence, as Meta defends its practices under the fair use doctrine.

US V. Google: All the News From the Search Antitrust Showdown Δ1.70

A 10-week fight over the future of search. Google's dominance in search is being challenged by the US Department of Justice, which seeks to break up the company's monopoly on general-purpose search engines and restore competition. The trial has significant implications for the tech industry, as a court ruling could lead to major changes in Google's business practices and potentially even its survival. The outcome will also have far-reaching consequences for users, who rely heavily on Google's search engine for their daily needs.

US Judge Bars Copies of Lilly Weight-Loss Drug Δ1.70

A U.S. federal judge has refused to allow compounding pharmacies to keep making copies of Eli Lilly's popular weight-loss and diabetes drugs Zepbound and Mounjaro in the United States. The decision was filed late on Wednesday in response to an October lawsuit from a compounding industry group against the U.S. Food and Drug Administration's decision last year that there was no longer a shortage of the medicines' active ingredient, tirzepatide. Compounders had been allowed to produce hundreds of thousands of doses of copies of obesity drugs only while the FDA said there was a shortage of them.

Flu Vaccine Panel Meeting Canceled, Us Fda Confirms Δ1.70

The U.S. Food and Drug Administration confirmed on Thursday that a meeting of its independent advisory panel to discuss the composition of this year's flu vaccine had been canceled and that the regulator would instead make recommendations later. The agency had scheduled the meeting for March 13 but cited unspecified reasons for its cancellation. By postponing the meeting, the FDA may be able to gather more public comment on its proposed vaccine.

Judge Denies Musk's Bid to Block OpenAI's For-Profit Shift, Fast Tracks Trial Δ1.70

A U.S. judge has denied Elon Musk's request for a preliminary injunction to pause OpenAI's transition to a for-profit model, paving the way for a fast-track trial later this year. The lawsuit filed by Musk against OpenAI and its CEO Sam Altman alleges that the company's for-profit shift is contrary to its founding mission of developing artificial intelligence for the good of humanity. As the legal battle continues, the future of AI development and ownership are at stake.

Hacked Health Firm HCRG Demanded Journalist 'Take Down' Data Breach Reporting Citing UK Court Order Δ1.69

A U.S.-based independent cybersecurity journalist has declined to comply with a U.K. court-ordered injunction that was sought following their reporting on a recent cyberattack at U.K. private healthcare giant HCRG, citing a lack of jurisdiction. The law firm representing HCRG, Pinsent Masons, demanded that DataBreaches.net "take down" two articles that referenced the ransomware attack on HCRG, stating that if the site disobeys the injunction, it may face imprisonment or asset seizure. DataBreaches.net published details of the injunction in a blog post, citing First Amendment protections under U.S. law.

Microsoft Hits Back Against UK Competition Lawsuits, Slams AWS and Google Once Again Δ1.69

Microsoft has responded to the CMA’s Provision Decision Report by arguing that British customers haven’t submitted that many complaints. The tech giant has issued a 101-page official response tackling all aspects of the probe, even asserting that the body has overreacted. Microsoft claims that it is being unfairly targeted and accused of preventing its rivals from competing effectively for UK customers.

Zalando Says Differs From Other Online Platforms, EU Tech Rules Should Not Apply Δ1.69

Zalando, Europe's biggest online fashion retailer, has criticized EU tech regulators for lumping it in the same group as Amazon and AliExpress, saying it should not be subject to as stringent provisions of the bloc's tech rules. The company argues that its hybrid service model is different from those of its peers, with a mix of selling its own products and providing space for partners. Zalando aims to expand its range of brands in the coming months, despite ongoing disputes over its classification under EU regulations.

Trump's FDA Nominee Makary Promises Role for Vaccine Expert Committee Δ1.69

Makary has promised to convene the agency's vaccine advisory committee, but does not commit to rescheduling a canceled meeting to discuss flu vaccine composition. The nomination of Martin Makary as the new FDA chief has raised concerns about his views on vaccines and reproductive rights. Makary, a physician at Johns Hopkins Hospital, would report to Health Secretary Robert F. Kennedy Jr.

Elon Musk Loses Initial Attempt to Block OpenAI’s For-Profit Conversion Δ1.69

A federal judge has denied Elon Musk's request for a preliminary injunction to halt OpenAI’s conversion from a nonprofit to a for-profit entity, allowing the organization to proceed while litigation continues. The judge expedited the trial schedule to address Musk's claims that the conversion violates the terms of his donations, noting that Musk did not provide sufficient evidence to support his argument. The case highlights significant public interest concerns regarding the implications of OpenAI's shift towards profit, especially in the context of AI industry ethics.

EU Must ‘Fully’ Apply Its Market Fairness Rulebook on Google, Search Rivals Urge Δ1.69

The European Union is facing pressure to intensify its investigation of Google under the Digital Markets Act (DMA), with rival search engines and civil society groups alleging non-compliance with the directives meant to ensure fair competition. DuckDuckGo and Seznam.cz have highlighted issues with Google’s implementation of the DMA, particularly concerning data sharing practices that they believe violate the regulations. The situation is further complicated by external political pressures from the United States, where the Trump administration argues that EU regulations disproportionately target American tech giants.

Dei Policy Shifts Under Trump Administration Sparks Industry-Wide Changes Δ1.69

Pfizer has made significant changes to its diversity, equity, and inclusion (DEI) webpage, aligning itself closer to the Trump administration's efforts to eliminate DEI programs across public and private sectors. The company pulled language relating to diversity initiatives from its DEI page and emphasized "merit" in its new approach. Pfizer's changes reflect a broader industry trend as major American corporations adjust their public approaches to DEI.

US Supreme Court Weighs Gun Companies' Bid to Avoid Mexico's Lawsuit Δ1.68

The US Supreme Court is considering whether two American gun companies, Smith & Wesson and Interstate Arms, can be held liable for aiding illegal firearms trafficking to drug cartels in Mexico. The court is examining a 2005 federal law that shields gun companies from liability for crimes committed with their products. The lawsuit alleges that the companies' distribution system knowingly sells weapons to straw purchasers who traffic guns to cartels.

Moderna Secures UK Approval for RSV Vaccine Δ1.68

Moderna's mRESVIA has been granted marketing authorization by the Medicines and Healthcare products Regulatory Agency in the UK, marking a significant step towards widespread use of the vaccine against respiratory syncytial virus (RSV) in adults 60 years of age and older. The approval is based on data from a Phase 3 clinical trial that showed no serious safety concerns. The vaccine has been shown to induce immune responses against RSV, potentially reducing the severity of lower respiratory tract disease caused by the virus.

Musk May Still Have a Chance to Thwart OpenAI's For-Profit Conversion Δ1.68

Elon Musk's legal battle against OpenAI continues as a federal judge denied his request for a preliminary injunction to halt the company's transition to a for-profit structure, while simultaneously expressing concerns about potential public harm from this conversion. Judge Yvonne Gonzalez Rogers indicated that OpenAI's nonprofit origins and its commitments to benefiting humanity are at risk, which has raised alarm among regulators and AI safety advocates. With an expedited trial on the horizon in 2025, the future of OpenAI's governance and its implications for the AI landscape remain uncertain.