New ETF Book by Larry Connors - Click here to read more
The revocation was the result of an opposition proceeding brought by Trubion and several other parties.
The opposition division ruled that the patent as granted did not meet the requirements for patentability under the European Patent Convention. Genentech and Biogen Idec have the right to appeal the decision.
Peter Thompson, president, CEO and chairman of Trubion, said: "We are extremely pleased with the European Patent Office's decision as it supports the continued development of new and innovative therapies that have the potential to improve patient outcomes for autoimmune and inflammatory diseases. Continued innovation will ultimately provide patients with more effective, convenient, and safer therapies."
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