A UK High Court ruling has invalidated patents held by San Francisco-based FibroGen (Nasdaq: FGEN), clearing the way for Akebia Therapeutics (Nasdaq: AKBA) to proceed with a new class of medicine to treat anemia.
The court ruled that five patents were invalid, while a sixth was valid but would not be infringed. The firms settled in relation to a seventh patent.
Akebia has already won patent disputes in Europe over the matter. Co-development partner Mitsubishi Tanabe Pharma (TYO: 4508) filed for approval for vadadustat, an investigational oral treatment for anemia due to chronic kidney disease (CKD), late in 2019.
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