US Supreme Court deals knockout blow in Yescarta patent fight
Another chapter in the long-running immunotherapy patent dispute between Bristol Myers Squibb (NYSE: BMY) and Gilead Sciences (Nasdaq: GILD) has been written.
In a case which has made its way all the way to the US Supreme Court, Bristol Myers Squibb has been attempting to persuade the country’s top jurists to consider an appeal of a 2021 decision that it lost.
In that ruling, judges invalidated one of its oncology patents, thereby overturning a $1.2 billion infringement payment it was in line to receive from Gilead unit Kite Pharma.
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