Aligos Therapeutics, Inc. (Nasdaq: ALGS), a clinical stage biopharmaceutical company focused on developing novel therapeutics to address unmet medical needs in viral and liver diseases, has filed a response to the complaint of, and counterclaims against, Janssen Biopharma in California State Superior Court for the County of San Mateo.
The response to Janssen’s complaint specifically identifies the decades old publicly available information (published patents and scientific literature), previous work experience, publications and patents by the Aligos co-founders at other oligonucleotide companies towards the first discovery of oligonucleotides (ASO and siRNA) targeting hepatitis B virus (HBV), as well as the licenses Aligos obtained from universities and biotechnology companies – all of which were utilized as the basis of Aligos’ HBV portfolio. The response further outlines and documents that all work was performed by Aligos employees after leaving Janssen Biopharma.
The counterclaims against Janssen allege that Janssen has engaged in unfair competition and promissory fraud. Aligos’ co-founders, Lawrence M. Blatt, Ph.D., MBA, and Leonid Beigelman, Ph.D., joined Aligos in filing the counterclaims. The response and counterclaims can be found at their respective hyperlinks.
https://finance.yahoo.com/news/aligos-therapeutics-files-response-janssen-203200468.html
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