Pacific Biosciences Prevails in Patent Eligibility Ruling Against Oxford Nanopore

Genetics Investing

Pacific Biosciences of California (Nasdaq:PACB), the leader in long-read, high-resolution sequencing, today announced that Judge Leonard P. Stark of the U.S. District Court for the District of Delaware denied a motion to dismiss filed on December 14, 2017 by Oxford Nanopore Technologies, Inc., a wholly-owned subsidiary of Oxford Nanopore Technologies Ltd. As quoted in the …

As quoted in the press release:

“We are pleased with the Court’s decision to deny ONT’s motion to dismiss,” said Dr. Michael W. Hunkapiller, Chief Executive Officer of Pacific Biosciences. “We believe that the patents we have asserted against ONT cover important inventions that ONT has misappropriated, and we look forward to the next phases in this litigation. As a pioneer and leader in the field, Pacific Biosciences has developed a broad intellectual property estate and we remain firm in our resolve to protect our leadership position in the field we have created.”

Click here to read the full press release.