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Roivant, Arbutus higher after ruling on COVID patent order

Shares of Roivant Sciences (ROIV) and Arbutus Biopharma (ABUS) moved higher while Moderna (MRNA) sold off after a judge issued a lipid nanoparticle claim construction order for the patent infringement case between Roivant and Arbutus versus Moderna. Jefferies says the judge sided with Roivant and Arbutus on three of four claims, including the key ‘378 patent.

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