Alvotech Seeks to End AbbVie’s Wrongful Monopoly on Humira and Bring Affordable Arthritis Treatment to U.S.
Alvotech today filed a federal lawsuit (Case 1:21-cv-00589) seeking to end the monopoly that pharmaceutical giant AbbVie has long-maintained on the adalimumab market, sold as Humira. Humira is the highest grossing prescription drug in the United States with over $16 billion in sales in 2020 (nearly $20Bn globally).
Alvotech has developed a biosimilar (analogous to a generic) of Humira called AVT02, the first-filed biosimilar drug equal in strength to Humira’s latest formulation, which AbbVie markets as a high-concentration, pain-free drug. The company is also developing AVT02 as an interchangeable product and it expects results from its ongoing interchangeability study in Q2 of this year. AVT02 could save U.S. taxpayers and the overall healthcare system $8-10 billion annually.
“Our new product will be a gamechanger that will provide consumers who are suffering from chronic pain with significant savings, and we look forward to bringing this drug onto the market as soon as possible,” said Alvotech Founder and Chairman Robert Wessman.
As alleged in court today, AbbVie seeks to overwhelm Alvotech with 60+ patent claims of questionable validity in order to keep its closest competitor off the market, a tactic it has long used against other competitors. At stake are billions of dollars of cost to the U.S. healthcare system, which is largely driven by AbbVie’s significant price increases that its Humira monopoly makes possible. Later this month, AbbVie will face questions from Congress about whether the company improperly suppresses competition in order to maintain their monopoly.
As alleged in the filing, AbbVie has taken several improper steps to inflate its patent portfolio, specifically:
- patenting purported inventions that it does not use in the production of Humira;
- seeking multiple patents on the same invention but as part of different patent families in a manner designed to cause confusion;
- obtaining patents through inequitable conduct;
- by seeking patents that cover Humira already in the prior art; and
- obtaining patents on purported inventions that AbbVie did not invent.
Today, affordable biosimilars to Humira are available across Europe and in Japan, Canada and Australia. The settlement agreements that allowed launches in 2018 of biosimilars in Europe were done to delay launches of similar products in the U.S., thus allowing AbbVie the ability to maintain and even increase prices on the U.S. consumer and taxpayer.
As pointed out in Alvotech’s lawsuit, AbbVie did not invent adalimumab or the subject matter of the original patents surrounding adalimumab and its use, instead acquiring them from German BASF AG. Nevertheless, despite those original patents expiring in 2016, AbbVie has been able to extend its monopoly to 2023 and beyond by deliberately seeking to block legitimate competition.
In 2010, AbbVie developed and tested a less-painful and higher-concentration version of Humira that was as a 100 mg/ml formulation, which the FDA approved in 2015. Yet the company waited nearly three years before bringing this new formulation to the public, a strategic move meant to entrench their control over the market and hobble the competition. Alvotech has developed and is seeking interchangeability for the less-painful, high-concentration version of Humira, which will offer patients the treatment at a more affordable price point.
Furthermore, AbbVie successfully sought and obtained over 100 additional patents of dubious validity that extended its Humira monopoly beyond 2016. Through settlements reached with their competitors, other biosimilars will not enter the market until 2023.
In just the last four years, since its monopoly should have run its course, AbbVie has reported selling over $75 billion worth of Humira and is forecasted to make an additional nearly $40 billion through 2022.
As alleged in today’s filing, this strategy has been called a “minefield of IP” by those in AbbVie’s leadership, meaning the company will engage in endless litigation not to protect innovation but to make challenges to its patent claims cost- and resource-prohibitive for competitors.
About Alvotech
Alvotech is a multinational biopharmaceutical company focused on the development and manufacture of high quality biosimilars for global markets. We are specialists in biotechnology, seeking to be a global leader in the biosimilar space by delivering high quality, cost-competitive products and services to our partners and to patients worldwide. Our fully integrated approach, with high-quality in-house competencies throughout the value chain, enables the accelerated development of biosimilar products. Alvotech’s shareholder base includes, among others, Aztiq Pharma, led by founder and Chairman Mr. Robert Wessman, Fuji Pharma from Japan, Shinhan from Korea, Baxter Healthcare SA, YAS Holdings, ATHOS (Strüngmann Family Office), CVC Capital Partners and Temasek from Singapore.
Alvotech‘s initial pipeline contains several monoclonal-antibody and fusion-protein biosimilar candidates aimed at treating autoimmunity, oncology and inflammatory conditions to improve quality of life for patients around the world. For more information, please visit our website, www.alvotech.com or follow us on LinkedIn, Twitter and Facebook.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210511005833/en/
Contact information
Doug Cohen / 617-595-7160
alvotech@berlinrosen.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
ChipAgents Raises Oversubscribed $21M Series A to Redefine AI for Chip Design21.10.2025 17:30:00 EEST | Press release
Today ChipAgents, the agentic AI platform transforming chip design and verification, announced the close of a $21 million Series A funding round, bringing the total fundraise to $24 million to date. This latest round closed with Bessemer Venture Partners, with strategic backing from Micron, MediaTek, Ericsson, and additional top semiconductor companies. Also participating in the round are notable angels including new advisors, Wally Rhines, Raúl Camposano,and Jack Harding, and existing support by ScOp Venture Capital (Ivan Bercovich) and Amino Capital, fueling the company’s expansion of product development, customer acquisition, and strategic industry partnerships. ChipAgents’ mission is to bring the power of AI to the heart of chip design and verification. Every engineer should be empowered with tools that make the most complex aspects of hardware development faster, more intuitive, and dramatically more productive. Chips are the foundation of our digital world, yet the process of bui
STARLIMS Launches QM Essentials LIMS, the Best Cloud LIMS for SMB Batch Manufacturing21.10.2025 16:13:00 EEST | Press release
STARLIMS, a global leader in Laboratory Information Management Systems (LIMS) and informatics solutions, today announced Quality Manufacturing (QM) Essentials, a new cloud-based LIMS developed for small and mid-sized (SMB) batch manufacturers to bring products to market quickly and more cost-effectively. The launch reflects STARLIMS’ commitment to meeting the unique needs of smaller batch manufacturing organizations who need the power of a LIMS without the cost or complexity of a large-scale implementation. Built for pharmaceutical, food & beverage, and consumer product industries, QM Essentials allows SMBs to simplify compliance and expedite batch release with an out-of-the-box solution that can be deployed in as little as 4-6 weeks. A Cost-Effective SaaS LIMS with Less Complexity Pre-configured and pre-loaded with essential features such as batch login, environmental monitoring, outsource samples, and static data, QM Essentials is a Software-as-a-Service (SaaS) LIMS that allows SMB l
Lenovo Unlocks New Level of Productivity and Creativity with Copilot+ PCs Powered by AMD Ryzen™ AI Processors21.10.2025 16:00:00 EEST | Press release
Lenovo™ unveiled its new generation of ThinkCentre™ desktop next-gen AI PCs powered by AMD Ryzen™ AI 300 Series processors with up to 50 TOPS of integrated NPU capability: the streamlined ThinkCentre neo 55a Gen 6 all-in-one (AIO), the small form factor ThinkCentre neo 55s Gen 6, and the tiny ThinkCentre neo 55q Gen 6. Designed for small and medium-sized businesses looking to supercharge their productivity with AI, the ThinkCentre neo Gen 6 desktop family offers unique Copilot+ PC experiences1, the performance to excel, the flexibility and expandability to adapt, and the efficiency and support for peace of mind. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251021383117/en/ ThinkCentre™ desktop next-gen AI PCs powered by AMD Ryzen™ AI 300 Series processors “AI has, is, and will continue to reshape the way we interact with technology – with 90 percent2 of organizations planning or exploring AI-powered PC rollouts this year,”
Hologic to be Acquired by Blackstone and TPG for up to $79 per Share21.10.2025 15:41:00 EEST | Press release
Hologic, Inc. (Nasdaq: HOLX) today announced that it has entered into a definitive agreement to be acquired by funds managed by Blackstone (“Blackstone”) and TPG in a transaction valued at up to $79 per share, representing an enterprise value of up to $18.3 billion.1 This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251021765122/en/ Under the terms of the agreement, Blackstone and TPG will acquire all outstanding Hologic shares for $76 per share in cash plus a non-tradable contingent value right (CVR) to receive up to $3 per share in two payments of up to $1.50 each, for total consideration of up to $79 per share in cash. The non-tradable CVR would be issued to Hologic stockholders at closing and paid, in whole or in part, following achievement of certain global revenue goals for Hologic’s Breast Health business in fiscal years 2026 and 2027. The aggregate purchase price represents a premium of approximately 46% to Hologic’s cl
Tosi nimittää Jussi Postin talouspäälliköksi21.10.2025 15:00:00 EEST | Tiedote
Kyberfyysisten järjestelmien johtava toimittaja Tosi ilmoitti, että Jussi Posti aloittaa välittömästi yhtiön talouspäällikkönä. Posti ottaa vastuun Tosin kansainvälisestä taloushallinnosta ja strategisesta suunnittelusta, kun yhtiö jatkaa nopeaa kasvuaan uudelleenbrändäyksen ja tilaussopimusten 70 prosentin kasvun myötä. "Jussilla on ainutlaatuista kokemusta Fortune 500 -yhtiöiden talousjohtamisesta ja yrittäjämäisestä ajattelusta, mikä tekee hänestä ihanteellisen valinnan johtamaan Tosia seuraavassa kasvuvaiheessa", kertoo Sakari Suhonen, Tosin Yhdysvaltain toimitusjohtaja. "Hänen laajalla kokemuksellaan on ratkaiseva merkitys, kun uudistamme tapaa, jolla organisaatiot yhdistävät, suojaavat ja hallitsevat kriittisiä infrastruktuurejaan." Posti siirtyy Tosille toimittuaan lähes viiden vuoden ajan Microsoft Suomen talouspäällikkönä. Aiemmin hän on toiminut talouspäällikkönä Schneider Electricillä Suomessa ja Baltiassa sekä perustanut talousalan konsultointiyrityksen, jonka asiakkaita ov
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom