A SoftBank-Owned Company Used Theranos Patents To Sue Over COVID-19 Tests

Details

Publish Date:
March 18, 2020
Author(s):
Source:
The Verge
Related Person(s):
Related Organization(s):

Summary

The ghost of Theranos is still haunting the biotech industry, even in the middle of a pandemic. A shell company called Labrador Diagnostics LLC, which says it holds the rights to two Theranos patents, sued a company making COVID-19 tests for patent infringement. The lawsuit asked the court to force the company, BioFire, to stop making its tests.

“This could be the most tone-deaf IP suit in history,” tweeted Mark Lemley, director of the Stanford Law School Program in Law, Science and Technology.

Mark Lemley @marklemley

Bad: a biotech patent troll
Worse: seeking injunctions even though it’s not in the market
Worse still: using patents it got from Theranos
Worst: trying to shut down is COVID-19 testing.
This could be the most tone-deaf IP suit in history.

Labrador Diagnostics v. BioFire (D Del)

Read More