Judge slaps enhanced damages on Gilead/Kite for ‘willful’ patent violation, boosting award to a blockbuster $1.2B — with the meter running
The Gilead/Kite team has suffered the latest in a series of setbacks in its war with Bristol Myers Squibb subsidiary Juno and Memorial Sloan Kettering, where Michel Sadelain came up with some of the foundational IP on CAR-T.
Right on the heels of batting back Gilead’s $GILD attempt to overturn the initial ruling, a California judge has heaped on “enhanced” damages in the court showdown, boosting the initial judgment against Kite from $752 million to $1.2 billion — including a steep running royalty on revenue.
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