Back to Search Start Over

Sarepta, BioMarin settle dispute

Authors :
Lisa M. Jarvis
Source :
C&EN Global Enterprise. 95:13-13
Publication Year :
2017
Publisher :
American Chemical Society (ACS), 2017.

Abstract

Sarepta will pay BioMarin $35 million to settle a lengthy patent dispute over treatments for Duchenne muscular dystrophy (DMD). The companies’ legal tangle centered on patents related to antisense oligonucleotides that allow a missing muscular protein to be made in boys with DMD. BioMarin also scores a 5% royalty on U.S. sales of exon-skipping compounds 51, 45, and 53 and an 8% royalty on European sales. The deal helps BioMarin recoup some of the roughly $840 million it paid in 2014 to acquire Prosensa, a Dutch biotech firm whose lead DMD drug, drisapersen, was later rejected by FDA.

Details

ISSN :
24747408
Volume :
95
Database :
OpenAIRE
Journal :
C&EN Global Enterprise
Accession number :
edsair.doi...........4399a87e89c6ad254a1d6b1d3698e926