Regeneron Ends Patent Litigation with Genentech
Under the terms of the Agreement, Regeneron will make payments to Genentech based on U.S. sales of EYLEA through May 7, 2016.
Regeneron Pharmaceuticals, Inc. announced yesterday that the Company has signed a non-exclusive license and partial settlement agreement with Genentech relating to U.S. ophthalmic sales of EYLEA? (aflibercept) Injection.
Regeneron received a non-exclusive license to certain patents relating to VEGF receptor proteins, known as the Davis-Smyth patents, and other technology patents. The Davis-Smyth patents are the subject of patent litigation between Regeneron and Genentech now pending in the United States District Court, Southern District of New York. Patent litigation is continuing with respect to matters not covered by the Agreement.
Regeneron will make payments to Genentech based on U.S. sales of EYLEA through May 7, 2016.
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