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jbog

07/18/18 9:23 AM

#220086 RE: DewDiligence #220075

ABBV settles US Humira patent with MYL



It looks like everyone will have to pay royalties to Abbvie, has anything ever been mentioned about the terms of these agreements? Why?

tia

DewDiligence

08/29/18 11:19 AM

#220664 RE: DewDiligence #220075

ABBV braces for Humira FoBs in Europe:

https://finance.yahoo.com/news/europe-ready-cash-cheap-copies-132950407.html

Unlike ABBV’s patent estate in the US, which has enabled settlements that delay US Humira FoBs until 2023, ABBV’s Humira patents in European countries begin expiring in the next few months.

DewDiligence

10/11/18 5:17 PM

#221346 RE: DewDiligence #220075

ABBV settles global Humira-patent litigation with NVS:

https://finance.yahoo.com/news/abbvie-announces-global-resolution-humira-203200489.html

The 9/30/23 launch date in the US market is 2 months later than MYL’s launch date (#msg-142251299), 3 months later than Samsung’s launch date (#msg-139804103), and 8 months later than AMGN’s launch date (#msg-134976468).

I.e. AMGN, the first company to settle with ABBV, got a 6-month head start in the US market relative to all other Humira biosimilars; the settlements from the second to the fourth (and presumably additional ones to come) have US launch spaced 1 month apart, so there’s a tangible disincentive to the settling companies for waiting.

MNTA has not yet settled with ABBV.