Germany-headquartered CureVac (Nasdaq: CVAC) late Thursday announced that the European Patent Office (EPO) has confirmed the validity of CureVac's European patent EP 3 708 668 B1 subject to amendments to specify the scope of protection.
Investors have responded positively to the news, reflecting optimism about CureVac’s potential to secure recognition for its contributions to mRNA technology and receive fair compensation, sending the firm’s shares up as much as 12.9% to $3.16 in pre-market activity this morning.
Following the hearing, the opposition division largely dismissed the opposition originally filed by fellow Germany-based BioNTech (Nasdaq: BNTX) in April 2023 challenging the patent's validity and maintained the patent in amended form.
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