October 11, 2024
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Amgen settles with AbbVie over Humira biosimilar litigation

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Amgen’s settlement with rival AbbVie gives it a timeline for the rollout of a biosimilar that mimics Humira, the world’s best-selling drug, but AbbVie still secured protections for its $16 billion-a-year golden goose. The Thousand Oaks-based company received Food and Drug Administration approval for its Humira biosimilar in September of 2016, and Chicago-based AbbVie filed…

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