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AbbVie's 'Unjustified' Humira Settlements Divide Market, Claims Class Action

 
• By Brenda Sandburg

First suit challenging biosimilar litigation settlements ratchets up pressure on AbbVie's "patent thicket" and licensing strategy.

Antitrust law - Image

A proposed class action against AbbVie Inc. and seven biosimilar makers shows potential fault lines of biosimilar patent litigation settlements and intensifies the pressure on AbbVie's Humira (adalimumab) patent estate.

The UFCW Local 1500 Welfare Fund, the largest grocery-worker union in New York state, filed a March 18 suit in the US District Court for the Northern District of Illinois against AbbVie and the companies with whom it has inked patent settlement and licensing deals

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‘We Can’t Keep Going On Like This’ – Biosimilars Forum’s Reed Calls For Urgent Changes In US

 
• By Dave Wallace

As the US biosimilars market moves into its second decade, urgent changes are needed at the FDA if biosimilars are to meet their full potential, according to Biosimilars Forum chief executive Julie Reed.

Biocon Biologics Plans To Slow Down After Five Planned Near-Term Biosimilar Launches

 
• By Urtė Fultinavičiūtė

With a lineup of five high-value biosimilars in the wings, Biocon Biologics may be more selective going forward and plans to take a one product per year approach.

Biocon Eyes Fundraising Round Amid Discussions On Merger With Biosimilars Branch

 
• By Urtė Fultinavičiūtė

As financial volatility continues in the industry, Biocon’s board is considering merging its two off-patent drug businesses.