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Wednesday, 4 March 2026
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Pharma faces biggest ever payout
Posted 4 March 2026 PM
Moderna has agreed to pay Genevant Sciences, a subsidiary of Roivant Sciences, and Arbutus Biopharma up to AU$3.21 billion (US$2.25 billion) to settle a long-running patent dispute over the technology that made its blockbuster Covid vaccine possible.
Under the settlement, Moderna will pay AU$1.35 billion (US$950 million) upfront in July 2026, resolving all US and international legal actions accusing Moderna of using lipid nanoparticle, or LNP, a ?delivery technology owned by Genevant and Arbutus, without permission in its Covid jab Spikevax and RSV jab mRESVIA.
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Posted 4 March 2026 PM
Moderna has agreed to pay Genevant Sciences, a subsidiary of Roivant Sciences, and Arbutus Biopharma up to AU$3.21 billion (US$2.25 billion) to settle a long-running patent dispute over the technology that made its blockbuster Covid vaccine possible.
Under the settlement, Moderna will pay AU$1.35 billion (US$950 million) upfront in July 2026, resolving all US and international legal actions accusing Moderna of using lipid nanoparticle, or LNP, a ?delivery technology owned by Genevant and Arbutus, without permission in its Covid jab Spikevax and RSV jab mRESVIA.
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