CareDx Announces District Court Reverses Jury Decision in Patent Infringement Case Overturning Prior $96 Million Verdict
Portfolio Pulse from
CareDx, Inc. announced that a District Court has overturned a previous jury verdict in a patent infringement case, which had resulted in a $96 million verdict against the company. The court ruled that the patents asserted against CareDx are invalid.
February 25, 2025 | 12:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CareDx, Inc. received favorable news as the District Court overturned a $96 million patent infringement verdict against it, ruling the patents invalid.
The reversal of a $96 million verdict is a significant legal victory for CareDx, likely to positively impact its stock price. The invalidation of the patents removes a substantial financial liability and potential future legal costs.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100