Moderna settles patent dispute with Arbutus for $950 million
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Moderna Resolves Global Patent Litigation with Arbutus/Genevant
March 3, 2026 4:15 PM ESTModerna to pay $950 million with no future royalties to resolve all global litigation; corresponding charge expected in Q1 2026
District Court's Section 1498 decision to be appealed to the Federal Circuit Court of Appeals with potential additional payment contingent on the outcome; no accrual recorded for potential additional payment as loss is not considered probable
2026 year-end cash and cash equivalents now expected to be in the range of $4.5 - $5.0 billion
CAMBRIDGE, MA / ACCESS Newswire / March 3, 2026 / Moderna, Inc. (NASDAQ:... More
