Pennsylvania
BioNTech settles with U.S. agency, University of Pennsylvania over Covid vaccine royalties
Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022.
Rodrigo Garrido | Reuters
BioNTech has entered into two separate settlement agreements with the U.S. National Institutes of Health and the University of Pennsylvania over the payment of royalties related to its COVID-19 vaccine, the company said in filings.
The German company, which partners with U.S. drugmaker Pfizer for its COVID-19 vaccine, said on Friday it would pay $791.5 million to the U.S. agency to resolve a default notice.
Separately, the company will pay $467 million to the University of Pennsylvania (Penn), which has agreed to dismiss a lawsuit brought against the vaccine maker accusing it of underpaying royalties.
BioNTech said partner Pfizer will reimburse it for up to $170 million of the royalties payable to Penn and $364.5 million of the royalties paid to the National Institutes of Health (NIH)for 2020-2023 vaccine sales.
NIH and Penn did not immediately respond to requests for comment.
The U.S. government is owed royalty payments under the terms of the license BioNTech has taken for certain patents owned by the NIH, among other entities.
Penn’s lawsuit had said BioNTech owes the school a greater share of its worldwide vaccine sales for using “foundational” messenger RNA (mRNA) inventions developed by Penn professors and Nobel Prize winners Katalin Kariko and Drew Weissman.
The company also amended its license agreements with both NIH and Penn, agreeing to pay a low single-digit percentage of its vaccine net sales to both the entities.
Both settlements include a framework for a license to use NIH and Penn’s patents in combination products.
The agreements do not constitute an admission of liability in either case, the company said.
Pennsylvania
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Pennsylvania
Man found dead in pond in Lehigh County, Pennsylvania, coroner says
The body of a 27-year-old man was found in a pond in Lynn Township, Pennsylvania, on Saturday night.
The Lehigh County Coroner’s Office said the man was found submerged on a property along the 8500 block of Allemaengel Road around 6 p.m.
The 27-year-old from Emmaus, whose name is not being released to give his family time “to mourn and grieve this tragic loss privately,” according to the coroner, was pulled from the water and pronounced dead at the scene.
An autopsy is scheduled for Tuesday to determine the cause and manner of death.
“I extend my heartfelt condolences to the decedent’s family, friends, and loved ones during this difficult time,” Lehigh County Coroner Daniel Buglio, D-ABMDI, said in a statement Sunday.
The Pennsylvania State Police Fogelsville Station is also investigating the death.
Pennsylvania
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