Moderna sues Pfizer/BioNTech over Covid vaccine

Moderna on its own, and the partnership of Pfizer and BioNTech were two of the first groups to develop a vaccine for the novel coronavirus.

Moderna is suing Pfizer and its German partner BioNTech for patent infringement in the development of the first Covid-19 vaccine approved in the US, alleging they copied technology that Moderna developed years before the pandemic.

Pfizer shares fell yesterday on the news while BioNTech was also down. The lawsuit, which seeks undetermined monetary damages, was being filed in US District Court in Massachusetts and the Regional Court of Dusseldorf in Germany, Moderna said.