Merck, Pfizer enter settlement agreement on patent infringement litigation related to the use of Merck’s investigational and licensed pneumococcal conjugate vaccine (PCV) products, including Vaxneuvance.
- Merck to make certain milestone to Pfizer
- To make royalty payments on worldwide sales of its PCV products as follows:
- 7.25% of net sales of all Merck PCV products through and including Dec. 31, 2026
- 2.5% of net sales of all Merck PCV products from Jan. 1, 2027 through and including Dec. 31, 2035
- NOTE: Vaxneuvance is indicated or active immunization for the prevention of invasive disease caused by Streptococcus pneumoniae serotypes in adults
To ...
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