Guardant Health (GH) stock tumbled Monday after losing a patent battle against privately held TwinStrand Biosciences and the University of Washington. The judge ordered Guardant to pay more than $245.2 million in damages, accrued royalty and interest. Guardant will also have to pay a 6% royalty on sales of key products, including its Guardant360 and Shield tests. These tests use…
Guardant Bleeds After Losing A Costly Patent Dispute
Guardant Health stock tumbled Monday after losing a patent battle against privately held TwinStrand Biosciences.
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