Biotechnology Stockmarket Biotech

Biotech News: United Therapeutics Remains Strong Due to a Patent Case Win

United Therapeutics Corporation (UTHR) shares surged approximately 28.5% after the company announced that the U.S. District Court for the District of New Jersey has rendered a favorable decision in the Remodulin patent infringement lawsuit against Sandoz, the generic division of Novartis (NVS). As per the court’s ruling, Sandoz will not be able to launch its…

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Stock in Focus: Google (NASDAQ GOOG) Launches “Google For Work” Unit

Google Inc (NASDAQ GOOG) announced its decision to change the name of its enterprise unit to Google for Work effective immediately. The search engine giant is also rebranding its services. For example, Google’s e-mail and cloud storage will be called Gmail for Work and Drive for Work, respectively. Google Chairman Eric Schmidt emphasized that the…

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