Exelixis (NASDAQ:EXEL) jumped 6% after winning in a patent fight with generic drug make MSN Laboratories over Cabometyx. The asserted claim of the '349 patent not infringed and not invalid ...

Exelixis (NASDAQ:EXEL) jumped 9% after a win in a patent fight with generic drug make MSN Laboratories over Cabometyx. The asserted claims of the Malate Salt Patents are not invalid, Judge Richard G.

The firm anticipates a deceleration in the year-over-year growth of Exelixis's cancer drug, Cabometyx, projecting it to a mid-single digit trend for the years 2024 and 2025. Additionally, concerns ...

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