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Moderna agrees to pay up to $2.25 billion to settle COVID vaccine patent dispute
Moderna has agreed to pay Genevant Sciences and Arbutus Biopharma up to $2.25 billion to settle a patent dispute related to the lipid nanoparticle (LNP) technology essential for its COVID-19 vaccine, Spikevax. The settlement includes an upfront payment of $950 million in July 2026, with an additional $1.3 billion contingent on a separate legal appeal. This agreement resolves all U.S. and international legal actions concerning the unauthorized use of the LNP delivery technology.