Re: ABBV-AMGN Humira settlement
The key date is 1/31/23, when ABBV has permitted AMGN to launch Amgevita (Humira FoB) in the US market.
Other Humira-FoB companies such as MNTA will presumably be able to get the same deal, but will they take it?
MNTA’s CEO has asserted that MNTA has a workaround for ABBV’s US Humira patents that pertain to formulation, specifically, which is something that AMGN presumably does not have.
In any case, we probably won’t know for at least a year (when FDA approves MNTA’s M923 Humira FoB) whether MNTA will opt to defend or settle.
p.s. CHRS +3%, MNTA +2% today.
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