GSK sues Pfizer and BioNTech over mRNA billions
UK pharma major GSK (LSE: GSK) has launched a lawsuit against Pfizer (NYSE: PFE) and BioNTech (Nasdaq: BNTX).
The suit accuses the companies of breaching GSK mRNA vaccine technology patents in their development of the Comirnaty vaccine for COVID-19. The jab swiftly became a top-selling pharma product to help the world to move on from the pandemic, earning Pfizer $43 billion in global revenue in one year alone.
GSK claims that the research in question was conducted by Novartis (NOVN: VX) scientists. Under the leadership of vaccinologist Christian Mandl, their work focused on developing mRNA vaccines. The London-based company acquired rights to the technology in 2015.
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