Copenhagen, Feb. 4, 2016 -- In response to market speculation about patent litigation in the US relating to lixisenatide, Zealand informs that it is not a party to the US proceedings. Zealand is aware of the patent litigation and other invalidity proceedings before the US Patent and Trademark Office, which are pending between Sanofi and AstraZeneca, and is keeping informed of their status and monitoring developments closely.
With regard to the potential consequences for Zealand of this ongoing litigation, the company confirms its confidence that the practice by Sanofi of the rights licensed to it by Zealand does not infringe AstraZeneca patents that are valid and enforceable. In light of the strong intellectual property position of lixisenatide in the US and elsewhere, Zealand does not expect that the pending proceedings will affect the company or its outlook.


FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Instagram Outage Disrupts Thousands of U.S. Users 



