Credit: Olivier Le Moal/Adobe Stock $57M Austin Verdict: Biotech Defendant Considers Loss a 'Win'
"The fact that the jury awarded only a small fraction of Ravgen's damages claim—less than 15%—and rejected their willfulness claim is an indication that the jury correctly viewed Ravgen's case as a huge overreach," lead defense attorney Michael Summersgill said.
January 17, 2024 at 02:25 PM
3 minute read
Patent Litigation
A Maryland biotech company was awarded $57 million in a patent infringement trial, but counsel for the Austin-based defendant considers their loss a win considering what the plaintiff requested.
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