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Moderna agrees to pay nearly $1B to settle Covid vaccine patent battle

Moderna will pay $950 million upfront and up to $1.3 billion more to settle global lawsuits over lipid nanoparticle technology used in its COVID-19 vaccine.

  • Moderna announced a $950 million settlement agreement with Arbutus Biopharma and Genevant Sciences, resolving all litigation related to its Covid-19 vaccine Spikevax and other infectious disease portfolio.
  • Moderna may have to pay an additional $1.3 billion pending the outcome of a federal appeal on its government-contractor immunity defense.
  • The settlement removes uncertainty and allows Moderna to focus on its 'near-term future', according to CEO Stéphane Bancel.
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Reuters broke the news in United Kingdom on Tuesday, March 3, 2026.
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