Guardant Health To Appeal Federal District Court Verdict Related To Intellectual Property Claims
Portfolio Pulse from Benzinga Newsdesk
Guardant Health, Inc. (NASDAQ:GH) plans to appeal a recent verdict from the U.S. District Court for the District of Delaware concerning intellectual property claims made by TwinStrand Biosciences, Inc. and University of Washington. The company, which specializes in precision oncology, is challenging the decision which is related to its business operations.
November 15, 2023 | 8:30 am
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Guardant Health, Inc. is set to appeal a court decision regarding intellectual property claims, which could impact its operations and market perception.
The announcement of an appeal indicates that the previous verdict was not in favor of Guardant Health, which could lead to concerns about potential financial implications or disruptions to its business. This uncertainty may negatively affect investor sentiment in the short term.
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