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Pharma company $MYL said the US Patent and Trademark Office (PTO) has ruled in company's favor in its inter partes review proceeding and found all claims of a patent owned by Yeda Research and licensed to Teva Pharmaceuticals unpatentable. This is the third patent related to Copaxone 40 mg/mL to be found unpatentable in a week.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.