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The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 1% loss over the past four weeks.The sudden soaring of the stock price was observed after ITCI announced that it has entered into a settlement agreement with Sandozregarding the Caplyta  patent litigation.The settlement agreement resolves the patent litigation brought by Intra-Cellular on Sandoz for submitting an abbreviated new drug application to the FDA seeking marketing approval for a generic version ofCaplyta in the United States before applicable patents expire.The settlement agreement allows Sandoz to start selling generic versions of Caplyta on July 1, 2040, or earlier under specific conditions. The stock price rally has also likely been fueled by a Bloomberg article which claims that J&J is in talks to buy ITCI for $10 billion.Cartesian Therapeutics, Inc.  : F","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/intra-cellular-itci-surges-14-103400066.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0053671581.USD","ITCI","BK4007","LU0889565916.HKD","LU0012050646.USD","LU0109394709.USD","BK4139","LU0320765992.SGD","RNAC","LU0106261612.USD"],"gpt_icon":0}],"pageSize":16,"totalPage":5,"pageCount":2,"totalSize":70}]}}