CareDX Shares Drop 7% After Court Ruling in Natera's Favor [MarketWatch]
CareDx, Inc. (CDNA)
Last caredx, inc. earnings: 4/30 04:05 pm
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Source: MarketWatch
CareDX shares closed Friday's session 17% lower, and is down 44% in the past 12 months. Advertisement On Friday, the jury awarded Natera $83.7 million in lost profits and $12.6 million in past royalties after finding that the accused CareDx products, AlloSure and AlloSeq, infringe one of the two Natera patents asserted against CareDx, and that all asserted claims of both patents are valid on various grounds. The jury also provided an advisory verdict to the judge that all asserted claims of both patents are valid under 35 U.S.C. Sec. 101. A schedule will be set for further proceedings to determine whether CareDx's future sales of new versions of AlloSeq and AlloSure also infringe the asserted Natera patents. Previously, Natera successfully invalidated all three of CareDx's patents that were asserted by CareDx against Natera in a separate lawsuit. The invalidity of CareDx's patents was affirmed on appeal. Write to Chris Wack at chris.wack@wsj.com
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News
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- CareDx Reports Inducement Grant under Nasdaq Listing Rule 5635(c)(4) [Yahoo! Finance]Yahoo! Finance
- CareDx Reports Inducement Grant under Nasdaq Listing Rule 5635(c)(4)Business Wire
CDNA
Earnings
- 2/28/24 - Beat
CDNA
Sec Filings
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- 4/25/24 - Form S-8
- CDNA's page on the SEC website