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BioMarin Announces Legal Action Against Ascendis Pharma A/S in European Unified Patent Court BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) today announced that the company has initiated a legal action against Ascendis Pharma A/S for...

Key Takeaway: BioMarin Pharmaceutical Inc. has filed a legal action against Ascendis Pharma A/S in the European Unified Patent Court, asserting infringement of its European patent covering long-acting variants of C-Type Natriuretic Peptide (CNP). This strategic move aims to protect the company’s intellectual property rights, which are crucial for the biotechnology sector focused on rare genetic conditions. The litigation underscores BioMarin's dedication to innovation and the advancement of treatments that address significant medical needs.

Market Sentiment Analysis

POSITIVE FACTORS

  • BioMarin is actively protecting its intellectual property rights, which can help maintain its competitive edge.
  • The legal action highlights the importance of innovation in biotechnology, especially for rare genetic conditions.
  • BioMarin's commitment to its research reinforces its role as a leading player in the biopharmaceutical industry.

Full Press Release Details

SAN RAFAEL, Calif. , Jan. 13, 2025 /PRNewswire/ -- BioMarin Pharmaceutical Inc. (Nasdaq: BMRN ) today announced that the company has initiated a legal action against Ascendis Pharma A/S for infringement of European patent EP 3 175 863 B1 at the Unified Patent Court (UPC) in Munich, Germany . The patent covers long-acting variants of C-Type Natriuretic Peptide (CNP).
The UPC, which formally started in June of 2023, has jurisdiction over European patents for 18 European member states that have ratified the Unitary Patents (UPs), including: Austria , Belgium , Bulgaria , Denmark , Estonia , Finland , France , Germany , Italy , Latvia , Lithuania , Luxembourg , Malta , Netherlands , Portugal , Romania , Slovenia and Sweden .
"Intellectual property provides the foundation on which advances in the biotechnology industry are built, particularly for rare genetic conditions," said Alexander Hardy , president and chief executive officer of BioMarin. "We are committed to protecting the important inventions our scientists make for patients around the world, including the more than 15 years of scientific research that supported VOXZOGO ® and BMN 333, our long-acting CNP."
BioMarin is a global biotechnology company dedicated to translating the promise of genetic discovery into medicines that make a profound impact on the life of each patient. The San Rafael, California -based company, founded in 1997, has a proven track record of innovation with eight commercial therapies and a strong clinical and preclinical pipeline. Using a distinctive approach to drug discovery and development, BioMarin pursues treatments that offer new possibilities for patients and families around the world navigating rare or difficult-to-treat genetic conditions. To learn more, please visit www.biomarin.com .
Forward-Looking Statements
BioMarin ® and VOXZOGO ® are registered trademarks of BioMarin Pharmaceutical Inc.
Contacts:
Investors Media
Traci McCarty Andrew Villani
BioMarin Pharmaceutical Inc. BioMarin Pharmaceutical Inc.
(415) 455-7558 (628) 269-7393
SOURCE BioMarin Pharmaceutical Inc.

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Frequently Asked Questions

What legal action did BioMarin initiate?

BioMarin has filed a lawsuit against Ascendis Pharma for patent infringement.

What does patent EP 3 175 863 B1 cover?

The patent covers long-acting variants of C-Type Natriuretic Peptide (CNP).

What is the Unified Patent Court's jurisdiction?

The UPC covers European patents in 18 member states that ratified Unitary Patents.

Who is the CEO of BioMarin?

Alexander Hardy is the president and CEO of BioMarin Pharmaceutical Inc.

What is BioMarin's focus in biotechnology?

BioMarin focuses on developing medicines for rare genetic conditions.

Last updated: Jan 13, 2025