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  • Coherus resolves part...

Coherus resolves part of dispute with AbbVie over Humira biosimilar

Ruchika SharmaWritten by Ruchika Sharma Published On 2023-06-17T11:00:33+05:30  |  Updated On 17 Jun 2023 11:00 AM IST
Coherus resolves part of dispute with AbbVie over Humira biosimilar
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Coherus BioSciences said on Thursday it had agreed to retract a restraining order against AbbVie as the two fight over the terms of launching a lower-priced version of blockbuster rheumatoid arthritis drug Humira.

Earlier this month, Coherus had said it would launch a biosimilar version of AbbVie's Humira, at an 85% discount to the list price of about $6,922, and partnered with Mark Cuban Cost Plus Drug Company to sell it at $569.27.

AbbVie had alleged a breach of an older agreement that granted Coherus a non-exclusive license to commercialize a biosimilar version of Humira in the United States from July 1.

In response, Coherus filed a restraining order against AbbVie to keep it from terminating the licensing deal.

This was followed by a preliminary injunction against Coherus, which still remains in place, though the companies have agreed that AbbVie would not terminate its licensing deal based on the notice.

The companies also agreed that AbbVie would have to serve another notice and give Coherus time to resolve the breach if it chooses to terminate the licensing agreement.

Read also: AbbVie plan to withdraw accelerated nods of Imbruvica in US for patients with certain types of blood cancer



Coherus BioSciencesAbbVieAbbVie newsrheumatoid arthritis drugHumira
Source : Reuters
Ruchika Sharma
Ruchika Sharma

    Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

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