Updated March 21, 2008

Precision BioSciences Defends its DNE Technology in Infringement Lawsuit

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Precision BioSciences, Inc. is fighting a patent infringement lawsuit filed by by Cellectis SA, a French company focused on genome engineering.

Precision’s management described Cellectis’ allegations as unfounded and stated that no such infringement has occurred.

“Precision has reviewed Cellectis’ patent claims. It is clear that our next-generation genome engineering technology is demonstrably distinct from the dated technology covered by Cellectis’ patents,” said Matthew Kane, Precision's chief executive officer. “This lawsuit appears to stem from a fundamental misunderstanding of Precision’s DNE technology and how it is employed.”

The proprietary technology developed by Precision, called Directed Nuclease EditorTM (DNE), enables the production of genome editing enzymes that can be customized to modify essentially any gene in plant or animal cells.

Kane denies any wrongdoing and plans to vigorously defend the company's cutting-edge DNE technology being used for therapeutic, agricultural, and diagnostic applications. Precision has engaged WilmerHale, a law firm with one of the nation’s premier intellectual property litigation groups.

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