Seeking Alpha

United Therapeutics rallies after favorable court ruling

  • Shares of United Therapeutics (UTHR +23.1%) jump on 5x surge in volume after a court rules that Sandoz (NVS +0.3%) failed to prove that United's '007 and '117 Remodulin (treprostinil) patents are invalid and that United proved that Sandoz's ANDA will infringe on patent '117.
  • Remodulin accounted for almost 45% of United's 1H sales of $612.2M.
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