As per reports, the Janssen unit of Johnson & Johnson (JNJ) has sued healthcare giant Amgen Inc as the latter plans to market drugs for ulcerative colitis and conditions similar to J&J’s top-selling drug Stelara. Last year, Stelara generated $9.1 billion of the company’s $52 billion in global drug sales. The drug is approved to treat Crohn’s disease, a related form of arthritis, and the skin condition psoriasis.
A law passed in 2009, allows companies to make biosimilar versions of biologic drugs as a substitute, quite similar to generic versions of conventional drugs. Johnson & Johnson alleged that Amgen has failed to follow the legal process required for the companies to litigate any patent disputes by that law.
Dow 30 component Johnson & Johnson (JNJ) is a worldwide healthcare-focused company that embraces research and science so that it can provide customers with innovative ideas, products, and services. To learn more about Johnson & Johnson (JNJ) and to continue to track its progress visit the Vista Partners Johnson & Johnson Coverage Page.
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