Biotech Values

[vinmantoo]

Truist analyst Asthika Goonewardene said a previous expert call anticipated Exelixis will lose the '776 polymorph patent, but thought that the company should win in their second wave of IP defense for its '439 and '440 patents, which should preserve Cabometyx intellectual property to 2030. In that context, Goonewardene encourages investors to buy the stock amid a dip that follows a Seeking Alpha article citing trader comments that the judge in Exelixis' case with MSN Pharma "telegraphed" a ruling in favor of MSN on the '776 patent.

Thanks a lot jbog for the additional take!