Delhi | 25°C (windy) | Air: 185%

Natera says jury reached verdict of no willful infringement in Ravgen case

  • Nishadil
  • January 17, 2024
  • 0 Comments
  • 0.45 minutes read
  • 51 Views
Natera says jury reached verdict of no willful infringement in Ravgen case

Natera Inc ( NASDAQ: NTRA ) announced that a jury has reached a verdict in the U.S. District Court for the Western District of Texas regarding a patent infringement lawsuit brought by Ravgen Inc against Natera. Natera noted that the damages award of $57M was significantly less than the $410M Ravgen was seeking and the jury determined there was no willful infringement by Natera.

This decision will have no impact on Natera's ability to continue serving its customers; the patent at issue has expired. Natera said that it respectfully disagrees with the jury’s verdict and plans to file an appeal. Source: Press Release More on Natera Natera: Squeezing The Last Drop From NIPT Growth Engine Natera, Inc.

(NTRA) Q3 2023 Earnings Call Transcript Natera, Inc. 2023 Q3 Results Earnings Call Presentation Natera raises FY23 revenue guidance by $20M to $1.07B Natera wins court order barring NeoGenomics from selling RaDaR assay (update).