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flag Moderna settled a patent dispute with Arbutus and Genevant, paying $950 million in July 2026, with possible additional $1.3 billion if appeal fails.

flag Moderna has settled a global patent dispute with Arbutus Biopharma and Genevant Sciences over lipid nanoparticle technology used in its COVID-19 vaccine, agreeing to pay $950 million in July 2026 with a potential additional $1.3 billion if an appeal fails. flag The deal resolves all legal claims, eliminates future royalty obligations, and removes long-term uncertainty, allowing Moderna to focus on developing next-generation vaccines and therapies. flag The company expects to end 2026 with $4.5 to $5.0 billion in cash and up to $900 million in available credit. flag Its stock rose over 10% after the announcement.

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