Forward Pharma Announces the Decision of the Enlarged Board of Appeal of the European Patent Office in the EP2801355 Petition for Review
07 December 2022 - 6:00AM
Forward Pharma A/S (NASDAQ:FWP) (“Forward” or the “Company”), today
announced that the Enlarged Board of Appeal (the “EBA”) of the
European Patent Office (the “EPO”) has denied Forward’s petition
for review (the “Petition”) of the decision of the Technical Board
of Appeal of the EPO that confirmed the revocation of the EP2801355
patent by the EPO Opposition Division in the opposition proceeding
(“Opposition Proceeding”).The EBA’s rejection of the Petition ends
the Opposition Proceeding in favor of the opponents and represents
an unsuccessful outcome of the Opposition Proceeding, resulting in
no royalties being due to the Company from Biogen based on Biogen’s
future net sales of Tecfidera® or other DMF products for multiple
sclerosis outside the United States, as defined in the Settlement
and License Agreement by and among Forward, subsidiaries of Biogen
Inc. and certain other parties thereto. As previously disclosed,
because the Company was also unsuccessful in the U.S. Interference
Proceeding after all appeals, the Company will not be entitled to
future royalties from the United States.
Forward Pharma A/S Investor Relations
Contact:Forward Pharma A/SClaus Bo Svendsen, MD, PhDChief
Executive OfficerInvestor Relationsinvestors@forward-pharma.com
Solebury TroutAlexandra Roy aroy@soleburytrout.com
Forward Pharma A/S
Forward Pharma AS (NASDAQ:FWP)
Historical Stock Chart
From May 2024 to Jun 2024
Forward Pharma AS (NASDAQ:FWP)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Forward Pharma AS (NASDAQ): 0 recent articles
More News Articles