Close Menu
  • Home
  • AI
  • Education
  • Entertainment
  • Food Health
  • Health
  • Sports
  • Tech
  • Well Being

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

‘Informed’ Polymarket Traders Have Netted $143 Million Since 2024

March 28, 2026

Musk Pitched Zuckerberg in on His 2025 Bid for OpenAI, Per Court Docs

March 28, 2026

Claude’s Popularity Is Forcing It to Hit the Brakes on Users

March 27, 2026
Facebook X (Twitter) Instagram
  • Home
  • About Us
  • Advertise With Us
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
IQ Times Media – Smart News for a Smarter YouIQ Times Media – Smart News for a Smarter You
  • Home
  • AI
  • Education
  • Entertainment
  • Food Health
  • Health
  • Sports
  • Tech
  • Well Being
IQ Times Media – Smart News for a Smarter YouIQ Times Media – Smart News for a Smarter You
Home » AnaptysBio seeks partial dismissal in GSK oncology unit dispute over drug royalty
Health

AnaptysBio seeks partial dismissal in GSK oncology unit dispute over drug royalty

IQ TIMES MEDIABy IQ TIMES MEDIAJuly 1, 2007No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


Jan 8 (Reuters) – AnaptysBio said on Thursday it filed a partial motion to dismiss a claim by GSK’s oncology ​unit, which alleges the biotech breached their contract, escalating a ‌legal dispute over royalties tied to sales of the cancer drug Jemperli.

The dispute centers ‌on a 2014 agreement between AnaptysBio and oncology unit Tesaro that gave the latter rights to develop and sell Jemperli, a PD-1 inhibitor approved for certain endometrial cancers.

GSK did not immediately respond to Reuters’ ⁠request for a comment ‌outside business hours.

A trial to resolve claims is scheduled for July 14–17, 2026, and the court is expected ‍to hear AnaptysBio’s motion by early March.

Tesaro filed a lawsuit against AnaptysBio in a Delaware court on November 20, accusing it of breaching the agreement ​and arguing that the alleged breach allowed Tesaro to terminate ‌the deal, halve royalty and milestone payments, and secure a permanent license to the drug.

AnaptysBio countersued a day later, accusing Tesaro of violating exclusivity terms by participating in trials of rival PD-1 drugs, including Merck’s Keytruda, and failing to fully maximize Jemperli’s commercial potential.

It also ⁠alleged that GSK interfered with the ​agreement by favoring its antibody-drug conjugate programs ​over Jemperli.

Under the license, Anaptys is entitled to tiered royalties: 8% on annual net sales below $1 billion, 12% ‍on sales between $1 ⁠billion and $1.5 billion, 20% on sales from $1.5 billion to $2.5 billion, and 25% on sales above $2.5 billion. Royalty payments are set to ⁠continue at least until key patents expire in 2035 in the United States ‌and 2036 in the European Union.

(Reporting by Puyaan Singh ‌in Bengaluru; Editing by Sherry Jacob-Phillips)



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
IQ TIMES MEDIA
  • Website

Related Posts

What an expert on the gut microbiome eats in a day

March 26, 2026

Wegovy maker Novo sharpens consumer focus with board role for Mars CEO

March 26, 2026

CDC report finds US smoking rate continues to plummet as vape use rises

March 26, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

2 students dead and 7 injured in Tennessee school bus crash

March 27, 2026

Suburban Detroit school settles lawsuit over Pledge of Allegiance

March 27, 2026

Changes to Native American tuition waiver could expand access to higher education for thousands

March 27, 2026

Student loan borrowers in SAVE plan directed to prepare for repayment

March 27, 2026
Education

2 students dead and 7 injured in Tennessee school bus crash

By IQ TIMES MEDIAMarch 27, 20260

HUNTINGDON, Tenn. (AP) — A school bus crash in west Tennessee on Friday killed two…

Suburban Detroit school settles lawsuit over Pledge of Allegiance

March 27, 2026

Changes to Native American tuition waiver could expand access to higher education for thousands

March 27, 2026

Student loan borrowers in SAVE plan directed to prepare for repayment

March 27, 2026
IQ Times Media – Smart News for a Smarter You
Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
  • Home
  • About Us
  • Advertise With Us
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 iqtimes. Designed by iqtimes.

Type above and press Enter to search. Press Esc to cancel.