Preliminary injunction against MGI Tech GmbH

Summary by AI BETAClose X

Oxford Nanopore Technologies plc has secured a preliminary injunction from the Unified Patent Court against MGI Tech GmbH, prohibiting the sale and use of MGI's Cyclone Sequencing Systems in several European countries due to alleged infringement of Oxford Nanopore's patents EP 2 422 198 and EP 2 715 343. This injunction is effective immediately and carries penalty payments for non-compliance, with a trial for a permanent injunction scheduled for October 2027. The company views its intellectual property as crucial for shareholder value and is committed to its protection.

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