The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Litigation Update (Portugal and US)

3 Apr 2018 07:00

RNS Number : 5353J
Silence Therapeutics PLC
03 April 2018
 

 

Litigation Update (Portugal and US)

 

London, 3rd April 2018

 

Silence Therapeutics plc, AIM:SLN ("the Company") a leader in the discovery, delivery, and development of novel RNA therapeutics for the treatment of serious diseases with unmet medical need, announces that, through Silence Therapeutics Gmbh (together "Silence"), it has yesterday brought patent infringement proceedings in Portugal against Alnylam's Patisiran product, and that on March 29th Alnylam Pharmaceuticals Inc. ("Alnylam") filed a Declaratory Judgement (DJ) against Silence Therapeutics plc and Silence Therapeutics Gmbh.

 

Regarding Portugal, Silence has previously stated that it is committed to defending its Intellectual Property (IP) and to secure the appropriate value for this IP it will act to enforce its patent estate as necessary. The next phase in the Portuguese legal process is that the Court will serve the claim on the defendant. The claim asks the Court to determine whether Patisiran infringes the Silence patent EP 1857547.

 

Regarding the US, Alnylam filed the Declaratory Judgment action in the U.S. federal district court in Boston, Massachusetts. The action seeks a finding of non-infringement of certain Silence patents. Silence's most recently-issued U.S. patents, such as those identified in Silence's updates dated August 15, 2017, October 11, 2017, and October 18, 2017, are not named in the lawsuit. The complaint has not yet been served on Silence. More information on the lawsuit can be found on the court's docket, at case number mad-1-18-cv-10613.

 

 

 Ali Mortazavi, Chief Executive Officer of Silence Therapeutics plc, commented:

"We reiterate that we will defend the Silence patent estate where we consider third parties to be infringing the company's patent rights. As such, in Portugal we consider this process to be important in recognizing the contribution Silence has made to this field. Furthermore, we see Alnylam's filing of a DJ as an acknowledgment of the significance of our patent position."

 

 

Enquiries:

 

Silence Therapeutics plc

Ali Mortazavi, Chief Executive Officer

David Ellam, Chief Financial Officer

Tel: +44 (0)20 3457 6900

 

Peel Hunt LLP (Nominated Adviser and Broker)

James Steel/Oliver Jackson

 

 

Tel: +44 (0)20 7418 8900

Media Enquiries:

Optimum Strategic Communications

Mary Clark/ Eva Haas/Hollie Vile

silence@optimumcomms.com

 

 

Tel: +44 (0) 20 3714 1788

IR Enquires - US

Burns McClellan

John Grimaldi

Tel: +1 (212) 213 0006

 

Notes to Editors

 

About Silence Therapeutics plc

Silence Therapeutics develops a new generation of medicines by harnessing the body's natural mechanism of RNA interference, or RNAi, within its cells. Our proprietary technology can selectively inhibit any gene in the genome, specifically silencing the production of disease-causing proteins. Using our enabling delivery systems, we have achieved an additional level of specificity by delivering our therapeutic RNA molecules exclusively to target cells. Silence's proprietary RNA chemistries and delivery systems are designed to improve the stability of our molecules and enhance effective delivery to target cells, providing a powerful modular technology well suited to tackle life-threatening diseases. For more information, please visit: http://www.silence-therapeutics.com/

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCKLLFBVZFXBBV

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.