Regeneron Antibody Cocktail Used by Trump Faces Patent Suit
Source: Reuters
(Bloomberg) -- The Regeneron Pharmaceuticals Inc. “antibody cocktail” given to President Donald Trump to treat his Covid-19 symptoms was developed with the unauthorized use of a fluorescent protein, according to a lawsuit by a California company that patented the technology.
Allele Biotechnology and Pharmaceuticals Inc., a closely held company founded in 1999, sued Regeneron on Monday in White Plains, New York, seeking royalties for the use of its mNeonGreen protein in developing the experimental treatment. A separate federal lawsuit was filed in California against Pfizer Inc. and BioNTech SE, partners in the race to develop a Covid-19 vaccine.
A fluorescent protein is injected into cells so researchers can watch what’s happening -- to determine, for example, how a virus reacts to an antibody. The patent for mNeonGreen, issued in March 2019, covers the use of the protein, which Allele said scientific journals have dubbed the “gold standard” for testing the efficacy of antibody and vaccine candidates.
“Only through use of mNeonGreen” were Pfizer and BioNTech able to develop and test their vaccine candidate “at light speed,” Allele said in a complaint filed in federal court in San Diego. That allowed the companies to be first to market with a product that earned them “an immediate $400 million in grants and over $4 billion in sales of the vaccine to date,” Allele said.
Read more: https://www.msn.com/en-us/money/companies/regeneron-antibody-cocktail-used-by-trump-faces-patent-suit/ar-BB19IIck?li=BBnbfcN&ocid=DELLDHP
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