Vertex Pharmaceuticals (NasdaqGS:VRTX) Faces UK Patent Lawsuit Over Groundbreaking CASGEVY Therapy
Vertex Pharmaceuticals (NasdaqGS:VRTX) saw its share price rise by approximately 14% in the last quarter, a significant move considering the broader market's recent 1% decline. The company's legal challenges, such as the patent infringement lawsuit filed by ToolGen Inc., could have influenced investor sentiment, highlighting the competitive tensions in the biotech sector. Furthermore, the recent European label expansion for KAFTRIO and advancements in its Type 1 diabetes portfolio may have...