litigation
confidence high
sentiment neutral
materiality 0.65
Enanta sues Pfizer for patent infringement over Paxlovid, seeks damages only
ENANTA PHARMACEUTICALS INC
- Filed suit against Pfizer in U.S. District Court for Massachusetts over U.S. Patent No. 11,358,953 covering coronavirus protease inhibitors.
- Patent was awarded earlier in June 2022 based on a July 2020 application; Enanta claims Pfizer's Paxlovid infringes.
- Enanta states it will not seek an injunction or take action to block production, sale, or distribution of Paxlovid.
- Enanta seeks 'fair compensation' for Pfizer's use of the coronavirus protease inhibitor claimed in the '953 patent.