litigation
confidence high
sentiment neutral
materiality 0.60
Cytokinetics sues BMS/MyoKardia over patent on MYQORZO (aficamten)
CYTOKINETICS INC
- Filed complaint in U.S. District Court for Delaware against Bristol-Myers Squibb and MyoKardia over U.S. Patent No. 12,616,697.
- Seeks declaratory judgment that Cytokinetics does not infringe and that the '697 patent claims are invalid.
- Requests injunction barring defendants from threatening infringement litigation against MYQORZO (aficamten) users, customers, and distributors.
- Also seeks costs, attorneys' fees, and a jury trial; company says it will vigorously assert its rights.