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BioMarin Reaches Global Patent Settlement With Ascendis on Yuviwel Royalties

BioMarin Pharmaceutical logoBioMarin Pharmaceutical
Sig3.55Sen+4.35Env0.00Soc+0.80Gov+1.75
Ascendis Pharma logoAscendis Pharma
Sig3.25Sen-1.85Env0.00Soc0.00Gov-2.10

BioMarin announced binding terms with Ascendis that resolve pending patent and related disputes worldwide, including the U.S. International Trade Commission case over Yuviwel. Ascendis will pay royalties to BioMarin on Yuviwel sales in the U.S., EU, Brazil, and South Korea. BioMarin will dismiss the Section 337 investigation and the parties will resolve claims tied to asserted IP across multiple countries, including Denmark, Germany, and South Korea, and in the Northern District of California. The deal also covers Yuviwel used in combination

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