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Amgen Sues Novartis Subsidiary Sandoz Over Alleged Patent Infringement – $AMGN $NVS $XBI $IBB

By John F. Heerdink, Jr.

Reportedly, Amgen Inc. (AMGN)  has taken legal action against Sandoz, a subsidiary of Novartis AG (NVS), in New Jersey federal court. The healthcare giant has accused Sandoz of violating several patents by creating biosimilar versions of its profitable bone-strengthening drugs, Prolia and Xgeva. Amgen has requested that the court prohibit Sandoz from selling the drugs until the patents expire, with one patent set to expire in 2037.

Prolia is used to treat osteoporosis, while Xgeva, which contains the same active ingredient, denosumab, is used to treat bone cancer and prevent bone fractures in cancer patients. Amgen sold $3.6 billion worth of Prolia and $2 billion worth of Xgeva in 2022. Amgen has claimed that 21 patents covering both drugs have been infringed upon by the proposed biosimilars.


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(Read Original Story: Amgen sues Novartis to block generic osteoporosis, bone cancer drugs in Reuters)


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