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MYL - Biogen up 18% on reported favorable patent ruling for Tecfidera
Mylan N.V.
Biogen (BIIB+17.5%) jumps on modestly higher volume in apparent response to or in anticipation of a favorable ruling from the USPTO's Patent Trial and Appeal Board regarding a challenge to a key patent protecting top selling MS drug Tecfidera (dimethyl fumarate). A decision was expected no later than tomorrow, February 6.
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