Natera Files Patent Suit Against Progenity, Inc.

Rhea-AI Summary

Natera, Inc. (NASDAQ: NTRA) has filed a patent infringement lawsuit against Progenity, Inc. in the U.S. District Court for the Western District of Texas. The suit claims that Progenity's non-invasive prenatal test infringes on six patents held by Natera. These include U.S. Patents 9,228,234; 9,424,392; 10,227,652; 10,240,202; 10,266,893; and 10,522,242. Natera is seeking both injunctive relief and monetary damages.

Positive

• None.

Negative

• Potential high legal costs associated with the lawsuit.
• The lawsuit may distract from Natera's core business operations.
• Uncertain outcomes related to patent enforcement could jeopardize revenue.

SAN CARLOS, Calif., June 17, 2020 /PRNewswire/ -- -1%26h%3D1435012349%26u%3Dhttp%253A%252F%252Fwww.natera.com%252F%26a%3DNatera%252C%2BInc.&a=Natera%2C+Inc." rel="nofollow">Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA testing, filed suit today against Progenity, Inc. for infringing six patents: U.S. Patents  9,228,234; 9,424,392; 10,227,652; 10,240,202; 10,266,893; and 10,522,242 (the "Asserted Patents"). The suit was filed in the U.S. District Court for the Western District of Texas, and alleges that the use and sale of Progenity's non-invasive prenatal test infringe the six Asserted Patents.  Natera seeks injunctive relief as well as monetary damages.

About Natera
-1%26h%3D3703159391%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D2676832-1%2526h%253D4130479052%2526u%253Dhttp%25253A%25252F%25252Fwww.natera.com%25252F%2526a%253DNatera%26a%3DNatera&a=Natera" rel="nofollow">Natera is a global leader in cell-free DNA testing. The mission of the company is to change the management of disease worldwide with a focus on reproductive health, oncology, and organ transplantation. Natera operates an ISO 13485-certified and CAP-accredited laboratory certified under the Clinical Laboratory Improvement Amendments (CLIA) in San Carlos, Calif. It offers proprietary genetic testing services to inform obstetricians, transplant physicians, oncologists, and cancer researchers, including biopharmaceutical companies, and genetic laboratories through its cloud-based software platform. For more information, visit -1%26h%3D2717552065%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D2676832-1%2526h%253D2185316474%2526u%253Dhttp%25253A%25252F%25252Fwww.natera.com%25252F%2526a%253D%2525C2%2525A0natera.com%26a%3Dnatera.com&a=natera.com" rel="nofollow">natera.com. Follow Natera on -1%26h%3D2455241333%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D2676832-1%2526h%253D4200851928%2526u%253Dhttps%25253A%25252F%25252Fwww.linkedin.com%25252Fcompany%25252Fnatera%25252F%2526a%253D%2525C2%2525A0LinkedIn%26a%3DLinkedIn&a=LinkedIn" rel="nofollow">LinkedIn.

Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are forward-looking statements and are not a representation that Natera's plans, estimates, or expectations will be achieved. These forward-looking statements represent Natera's expectations as of the date of this press release, and Natera disclaims any obligation to update the forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including with respect to developments in matters under dispute or litigation, the scope of protection we establish and maintain for, and developments or disputes concerning, our intellectual property or other proprietary rights, our efforts to develop and commercialize new product offerings, or of the benefits of our screening tests and product offerings to patients, providers and payers. Additional risks and uncertainties are discussed in greater detail in "Risk Factors" in Natera's recent filings on Forms 10-K and 10-Q and in other filings Natera makes with the SEC from time to time. These documents are available at -1%26h%3D3672043134%26u%3Dhttp%253A%252F%252Fwww.natera.com%252Finvestors%26a%3Dwww.natera.com%252Finvestors&a=www.natera.com%2Finvestors" rel="nofollow">www.natera.com/investors and -1%26h%3D1171357742%26u%3Dhttp%253A%252F%252Fwww.sec.gov%252F%26a%3Dwww.sec.gov&a=www.sec.gov" rel="nofollow">www.sec.gov.

Contacts
Investor Relations: Mike Brophy, CFO, Natera, Inc., 510-330-2971
Media: Paul Greenland, VP of Corporate Marketing, Natera, Inc., pr@natera.com

 

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SOURCE Natera, Inc.

FAQ

What lawsuit did Natera file on June 17, 2020?

Natera filed a patent infringement lawsuit against Progenity, Inc. alleging infringement of six patents related to non-invasive prenatal testing.

What are the patents involved in the Natera lawsuit?

The patents involved in the lawsuit are U.S. Patents 9,228,234; 9,424,392; 10,227,652; 10,240,202; 10,266,893; and 10,522,242.

Where was the Natera lawsuit filed?

The lawsuit was filed in the U.S. District Court for the Western District of Texas.

What is Natera seeking from the lawsuit against Progenity?

Natera is seeking injunctive relief and monetary damages from Progenity in the lawsuit.