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Halozyme climbs on Dutch court win against Merck's injected Keytruda

BUZZ-Halozyme climbs on Dutch court win against Merck's injected Keytruda 

** Shares of Halozyme HALO.O rise 1.4% to $111.24 premarket

** Halozyme says it wins a Dutch court injunction that stops the manufacture, sale and import of Merck's MRK.N subcutaneous Keytruda in eight European markets

** The court finds that Merck infringes Halozyme's EP622 patent and rejects Merck's claim that the patent is invalid

** Halozyme says patients continue to have access to the intravenous version of Keytruda, which is not covered by the injunction

** As of last close, HALO up 62% YTD


(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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