Edwards Lifesciences has suffered a significant setback in its ongoing heart-valve dispute with Indian competitor Meril Life Sciences after the EPO's Board of Appeal revoked one of Edwards' key patents in full. This decision overturns a previous ruling by the Opposition Division and has direct consequences for parallel UPC proceedings, which are currently under appeal. The revocation of EP 4 151 181 removes the basis for an injunction previously granted against Meril at the UPC.
Original sourceEWNYSEHealthcare
EDWARDS LIFESCIENCES CORP
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Latest price
$102.14
+1.31%
Alpha Vantage · 11/6/2026
Industry: Medical DevicesCategory: Domestic Common StockCurrency: USDNews: 1 recent
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Adjusted daily closes · 252 observations · as of Nov 6, 2026
1 month
+21.3%
3 months
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6 months
+27.7%
1 year
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Year to date
+19.8%
52-week range
$75.87 – $102.14
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$58.73B
P/E
57.5
P/B
5.4
P/S
8.8
Revenue
$6.67B
Net income
$1.02B
Diluted EPS
1.77
Gross margin
78.00%
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15.30%
Return on equity
9.70%
Total debt
$704.5M
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$3.11B
Free cash flow
$1.42B
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Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $1.72B | $307.5M | 78.50% | 17.90% | $506.7M |
| Jun 30, 2026 | $1.74B | $241.9M | 77.50% | 13.90% | $585M |
| Mar 31, 2026 | $1.65B | $380.7M | 78.00% | 23.10% | -$21.1M |
| Dec 31, 2025 | $1.57B | $91.2M | 78.10% | 5.80% | $353.5M |
| Sep 30, 2025 | $1.55B | $291.1M | 77.80% | 18.70% | $516.2M |
| Jun 30, 2025 | $1.53B | $333.2M | 77.50% | 21.70% | $240.9M |
| Mar 31, 2025 | $1.41B | $358M | 78.70% | 25.30% | $224.4M |
| Dec 31, 2024 | $1.39B | $385.6M | 78.90% | 27.80% | -$177.3M |
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Edwards suffers setback at EPO in heart-valve dispute with Meril