litigation
confidence high
sentiment negative
materiality 0.75
Guardant Health hit with $83.4M patent infringement verdict; will appeal
Guardant Health, Inc.
- Jury found willful infringement of two patents; awarded $83.4M in damages (6% royalty on past sales).
- Plaintiffs may seek up to treble damages (≈$250M) based on the willfulness finding.
- Guardant strongly disagrees, plans post-trial motions and appeal to Federal Circuit.
- Company says verdict unlikely to materially impact business but may require future royalty payments if upheld.
- Case: TwinStrand Biosciences, Inc. and Univ. of Washington v. Guardant Health, C.A. No. 21-1126-GBW-SRF.