Exelixis Wins Patent Infringement Case Against MSN Labs On Cabometyx Malate Salt Patents; Court Rules MSN Infringed '439, '440, And '015 Patents But Did Not Infringe '349 Patent; MSN's Invalidity Arguments On Written Description And Obviousness Rejected
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Exelixis has won a patent infringement case against MSN Labs regarding Cabometyx malate salt patents. The court ruled that MSN infringed on the '439, '440, and '015 patents, but not the '349 patent. MSN's invalidity arguments were rejected.
October 15, 2024 | 3:14 pm
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Exelixis won a legal battle against MSN Labs, with the court ruling in favor of Exelixis on several Cabometyx patents. This legal victory strengthens Exelixis's patent portfolio and could positively impact its market position.
The court's decision in favor of Exelixis on multiple patents enhances the company's intellectual property rights over Cabometyx, potentially leading to a stronger market position and reduced competition. This is likely to be viewed positively by investors, potentially boosting the stock price.
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