1. Natera faces litigation ruling against NeoGenomics' v1.1 RaDaR test patents. 2. Invalidated claims do not affect the enforceability of Natera's key ‘035 patent. 3. Natera holds over 500 patents, focused on innovation protection and enforcement. 4. Natera is evaluating appeal options regarding the recent court decision. 5. The company remains a leader in cell-free DNA and genetic testing.
Despite losing some patent claims, Natera retains critical intellectual property. The strength of the ‘035 patent protects revenue streams, similar to past successful litigation outcomes.
The litigation outcomes have the potential to shape Natera’s market position significantly, affecting investor sentiment and future revenues.
While immediate effects are noted, Natera's portfolio and ongoing patent strategies may yield long-term advantages; past litigation resolutions have often led to stronger market positions.
Natera, Inc. (NASDAQ:NTRA), a global leader in cell-free DNA and precision medicine, today provided an update regarding its intellectual property litigation with NeoGenomics, Inc.
The U.S. District Court for the Middle District of North Carolina issued a ruling invalidating certain claims in two patents that Natera asserted against NeoGenomics' v1.1 RaDaR test. Natera is evaluating its options, including an appeal and further enforcement with other patents.
Importantly, these patents are distinct from U.S. Patent No. 11,519,035 (the ‘035 patent), and yesterday's decision has no impact on the validity or enforceability of the ‘035 patent. The ‘035 patent was the basis for a preliminary and then permanent injunction entered against NeoGenomics, which removed its RaDaR v1.0 product from the market.
Natera maintains a broad portfolio of more than 500 issued or pending patents worldwide, and the Company remains committed to protecting its significant investments in innovation.
About Natera
Natera™ is a global leader in cell-free DNA and genetic testing, dedicated to oncology, women's health, and organ health. We aim to make personalized genetic testing and diagnostics part of the standard-of-care to protect health and inform earlier, more targeted interventions that help lead to longer, healthier lives. Natera's tests are supported by more than 300 peer-reviewed publications that demonstrate excellent performance. Natera operates ISO 13485-certified and CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendments (CLIA) in Austin, Texas, and San Carlos, California. For more information, visit www.natera.com.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are forward-looking statements and are not a representation that Natera's plans, estimates, or expectations will be achieved. These forward-looking statements represent Natera's expectations as of the date of this press release, and Natera disclaims any obligation to update the forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including with respect to developments in matters under dispute or litigation, or the scope of protection we establish and maintain for, and developments or disputes concerning, our intellectual property or other proprietary rights. Additional risks and uncertainties are discussed in greater detail in "Risk Factors" in Natera's recent filings on Forms 10-K and 10-Q and in other filings Natera makes with the SEC from time to time. These documents are available at www.natera.com/investors and www.sec.gov.
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Investor Relations: Mike Brophy, CFO, Natera, Inc., investor@natera.com
Media: Lesley Bogdanow, VP of Corporate Communications, Natera, Inc., pr@natera.com