CareDx owes Natera $96 mln in genetic-testing patent case, US jury says [Reuters]
CareDx, Inc. (CDNA)
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Source: Reuters
damages after finding that rival CareDx's (CDNA.O) , opens new tab AlloSure and AlloSeq kidney-transplant tests infringe a Natera patent, according to a verdict made public on Monday. The jury determined , opens new tab that Natera was entitled to more than $83.6 million in lost profits and $12.6 million in royalties from CareDx. The Friday verdict came after the same jury concluded earlier in the day that CareDx had infringed one of Natera's two patents at issue in the case. CareDx said in a court filing that Natera had sought more than $149 million in lost-profit damages. Austin, Texas-based Natera said in a statement on Monday that it was pleased with the verdict. CareDx said earlier that it plans to appeal and that the verdict would not affect the availability of the company's tests. Natera had accused CareDx of infringing patents related to the use of cell-free DNA to assess the risk that a person's body will reject a kidney transplant. Brisbane, California-based CareDx
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- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- 4/25/24 - Form S-8
- CDNA's page on the SEC website