October 15, 2018 / 6:25 AM / 9 months ago

BUZZ-India's Natco Pharma jumps as U.S. court affirms Teva's patents invalid

** Shares of India’s Natco Pharma Ltd climb as much as 8.3 pct to 734 rupees, their biggest intraday pct gain since Oct. 5, 2017

** Stock hits highest level since Oct. 4

** Co says U.S. appeals court affirmed Teva's Copaxone patents as invalid [bit.ly/2PzUJh6 ]

** U.S. marketing partner Mylan NV won against Teva Pharmaceuticals Ltd, culminating its defence of patent infringement cases in the U.S., co adds

** More than 306,000 shares change hands, vs 30-day moving avg of 284,288 shares

** Stock down 29.5 pct this year as of last close

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