Health and Healthcare

Supreme Court Justices Unanimous on Denying Patents for Human Genes

biotech
Source: Thinkstock
The U.S. Supreme Court issued a unanimous 9-0 ruling today denying patent protection from human genes isolated from the body. In its ruling, the court also ruled that synthetic molecules called complementary DNA (cDNA) may be patented because they require substantial human intervention to create.

The case was brought by cancer patients and others who challenged a patent issued to Myriad Genetics Inc. (NASDAQ: MYGN) on two human genes that are used to indicate increased risk for developing breast cancer or ovarian cancer in women. Myriad’s patents allowed the company to be the sole U.S. provider of genetic tests for the cancers.

Today’s ruling, written by Justice Thomas, said that isolated DNA is a “product of nature and not patent eligible merely because it has been isolated.” However cDNA molecules, which are only the part of human genes that are able to encode proteins, may be patentable.

The ruling was seen as a partial victory for Myriad, and the company’s shares are up 10.3% at $37.44, after posting a new 52-week high of $38.47 earlier. The 52-week low is $22.02.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.