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KABAKOFF v. ZENECA, INC.

C.A. No. 2017-0459-JRS.

DAVID KABAKOFF, PH.D. and ARNOLD ORONSKY, PH.D., in their capacity, collectively, as Stockholders' Agent, Plaintiffs, v. ZENECA, INC., a Delaware corporation, and MEDIMMUNE, LLC, a Delaware limited liability company, Defendants.

Court of Chancery of Delaware.

Decided: November 18, 2020.

Attorney(s) appearing for the Case

Blake A. Bennett Esquire , and Dean R. Roland Esquire , of Cooch and Taylor, P.A., Wilmington, Delaware and Todd M. Schneider, Esquire , Joshua G. Konecky, Esquire , Kyle G. Bates, Esquire , Nathan B. Piller Esquire , of Schneider Wallace Cottrell Konecky LLP, Emeryville, California, Attorneys for Plaintiffs.

Michael P. Kelly, Esquire , Daniel M. Silver, Esquire , Benjamin A. Smyth Esquire , of McCarter & English LLP, Wilmington, Delaware and Dane H. Butswinkas, Esquire , Sarah F. Kirkpatrick, Esquire , Jessica L. Pahl Esquire , and Joseph M. Piligian Esquire , of Williams & Connolly LLP, Washington, DC, Attorneys for Defendants.

MEMORANDUM OPINION

In the realm of commercial pharmacology, the fight against cancer is as competitive as it is promising. An area of particular promise is the development of so-called PD-1 and PD-L1 inhibitors as anti-cancer therapies. These therapies do not directly attack cancer cells, like traditional chemotherapies...

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