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Daiichi Sankyo Wins Patent Dispute Appeal Against Seagen

Story Highlights
  • Daiichi Sankyo is a global healthcare company focusing on innovative medicines.
  • The Federal Circuit vacated an infringement judgment against Daiichi Sankyo in a patent dispute.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Daiichi Sankyo Wins Patent Dispute Appeal Against Seagen

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Daiichi Sankyo Company ( (JP:4568) ) has provided an announcement.

The U.S. Federal Circuit Court of Appeals has vacated a previous infringement judgment and damages award against Daiichi Sankyo in a patent dispute with Seagen Inc. This decision nullifies the earlier ruling by the U.S. District Court for the Eastern District of Texas and dismisses Seagen’s appeal regarding the invalidation of their patent claims, positively impacting Daiichi Sankyo’s legal standing.

The most recent analyst rating on (JP:4568) stock is a Buy with a Yen4217.00 price target. To see the full list of analyst forecasts on Daiichi Sankyo Company stock, see the JP:4568 Stock Forecast page.

More about Daiichi Sankyo Company

Daiichi Sankyo is a global healthcare company with over 120 years of experience, focusing on discovering, developing, and delivering innovative medicines for cancer, cardiovascular, and other diseases with high unmet medical needs.

Average Trading Volume: 6,463,059

Technical Sentiment Signal: Hold

Current Market Cap: Yen7116.9B

For a thorough assessment of 4568 stock, go to TipRanks’ Stock Analysis page.

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