Cytek Biosciences Says Jury Finds In Cytek’s Favor On Three Of Four Asserted Patent Claims; To Challenge Remaining Finding; Jury Awarded Past Damages Consisting Of $20M In Lost Profits And $36M In Royalties
Cytek Biosciences, Inc. ("Cytek Biosciences," "Cytek," or the "Company") (NASDAQ:CTKB), a leading cell analysis solutions company, today announced that a jury in the United States District Court
A court decided that Cytek won most of a patent fight and will get over $56 million in money owed to them. When a company wins legal battles like this, it can mean the business is protecting its ideas and getting paid for them, which is worth watching.
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