C.R. Bard announces W. L. Gore & Associates files request for Judicial Notice In a regulatory filing, C. R. Bard announced that W. L. Gore & Associates filed with the U.S. District Court for the District of Arizona a Request for Judicial Notice that the U.S. Patent and Trademark Office granted Goreís previously filed request for a re-examination of Bard patent number 6,436,135 which is the subject of Bardís patent infringement suit against Gore. The company does not believe that this will materially impact the litigation proceedings.
C.R. Bard upgraded to Neutral from Underweight at JPMorgan JPMorgan upgraded C.R. Bard to Neutral on expectations drug-coated balloons growth in the U.S. is likely to exceed consensus expectations. The firm raised its price target for shares to $178 from $162.