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Re: DewDiligence post# 238735

Friday, 09/24/2021 3:57:07 PM

Friday, September 24, 2021 3:57:07 PM

Post# of 252504
PFE gains royalty on MRK’s Vaxneuvance/V114 pneumococcal vaccine:

https://www.fiercepharma.com/vaccines/pfizer-merck-settle-patent-dispute-next-gen-pneumococcal-shots

In a settlement this week in the U.S. federal court in Delaware, Merck and Pfizer agreed to dismiss patent claims against one another. Under the deal, Merck will pay Pfizer 7.25% of its net sales from pneumococcal conjugate shots worldwide through the end of 2026… After that, the company will owe a 2.5% royalty to its New York rival through the end of 2035…

The royalty is based on the settlement of patent litigation pertaining to conjugated vaccines.

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