Gilead Sciences wins reversal of $1.2 bln fine against Bristol Myers in patent case - NewsBreak

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By Austine in Business
Updated 3 years ago

Aug 26 (Reuters) - U.S. biotech Gilead Sciences Inc (GILD.O) escaped a $1.2 billion penalty after a U.S. appeals court on Thursday found that relevant parts of a patent on a cancer therapy owned by a Bristol Myers Squibb (BMY.N) unit that were the basis for a previous ruling and fine were invalid.

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