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Biotech / Medical : Biotech Valuation
CRSP 56.61-0.6%3:59 PM EST
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From: A.J. Mullen3/1/2022 2:17:57 PM
1 Recommendation

Recommended By
OldAIMGuy

   of 52153
 
UC loses the CRSPR patent battle against Harvard/MIT, subject to appeal.
statnews.com

“What the evidence shows is that the CVC team are like the Wright Brothers and Broad is like Boeing or Airbus,” said Sherkow. “And generally speaking, patent law awards patents to the Wright Brothers. But this decision is kind of saying that the inventor of the airplane was the first person to fly a plane across the country rather than the ones who got a plane aloft for 60 seconds at Kitty Hawk.”

I’m surprised CRSP is down only 6%, while NTLA is down 20%. I sold my remaining shares of CRSP this morning. It was an exhilarating ride.
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