Sandoz International GMBH has settled all patent litigation with AbbVie Inc. over its biosimilar version of the latter's Humira (adalimumab), the world's best-selling medicine. The agreement will see Sandoz paying royalties and launching Hyrimoz, its biosimilar of the TNF inhibitor, in Europe this year and in the US in September 2023. Sandoz's deal comes after three other companies have already signed similar agreements with AbbVie.
Sandoz And AbbVie Biosimilar Humira Settlement: What Does It Mean?
Sandoz has become the latest firm to sign a settlement agreement over biosimilar Humira with AbbVie, heralding imminent launch in Europe. In the US, it will hold off launching until September 2023.
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