October 11, 2024
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Judge upholds Amgen’s Enbrel patents

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Tri-county biotech heavyweight Amgen shot up more than 8 percent July 1 on news that it had successfully defended patents on bestselling rheumatoid arthritis drug Enbrel in a court contest with competitor Sandoz.  Shares of Thousand Oaks-based Amgen hit a new 52-week high and closed at $255.12.  The decision by the U.S. Court of Appeals…

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