financetom
Business
financetom
/
Business
/
J&J sues Samsung Bioepis over contract breach for Stelara biosimilar
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
J&J sues Samsung Bioepis over contract breach for Stelara biosimilar
Feb 24, 2025 2:41 PM

Feb 24 (Reuters) - Johnson & Johnson ( JNJ ) said on Monday it had filed a lawsuit

against Samsung Bioepis for breaching its contract agreement with the drugmaker over the launch

of a biosimilar to Stelara, J&J's autoimmune drug.

J&J said it is seeking a preliminary injunction for Samsung Bioepis' close copy of Stelara

over an unauthorized sublicense deal with a private label provider, which the drugmaker declined

to identify.

The company, along with partner Sandoz, said earlier on Monday that its biosimilar

Pyzchiva is now available in the United States.

J&J over the past two years has signed settlement agreements with several companies to delay

the U.S. launches of Stelara, its top-selling drug since 2019.

Close copies of Stelara launched in Europe, Canada and a few other markets last year and at

least six close copies of Stelara are expected to launch in the U.S. this year.

Teva Pharmaceuticals and Alvotech ( ALVO ) last Friday launched Selarsdi, a

biosimilar to Stelara. The U.S. Food and Drug Administration has allowed the use of Selarsdi as

an "interchangeable" substitute only after April 30, when the exclusive rights for Amgen's ( AMGN )

Wezlana expire.

Pyzchiva is approved to treat moderate to severe plaque psoriasis, active psoriatic

arthritis, moderately to severely active Crohn's disease and moderately to severely active

ulcerative colitis.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
PMGC Holdings Inc.’s Subsidiary, AGA Precision Systems LLC, Completes Acquisition of Indarg Engineering, Inc.  Expanding Aerospace and Defense Manufacturing Platform
PMGC Holdings Inc.’s Subsidiary, AGA Precision Systems LLC, Completes Acquisition of Indarg Engineering, Inc. Expanding Aerospace and Defense Manufacturing Platform
Oct 28, 2025
Strategic Acquisition Accelerates PMGC’s U.S. Manufacturing Roll-Up, Expanding Footprint Across Aerospace and Industrial Supply ChainsAcquisition Adds Profitable CNC Platform with Established Customer Relationships to drive earnings scalability and operational synergies NEWPORT BEACH, Calif., Oct. 28, 2025 (GLOBE NEWSWIRE) -- PMGC Holdings Inc. ( ELAB ) (“PMGC” or the “Company”), a diversified public holding company executing a targeted roll-up strategy in...
Cabin Consulting Acquires Cloud Connects to Expand Salesforce Expertise
Cabin Consulting Acquires Cloud Connects to Expand Salesforce Expertise
Oct 28, 2025
Strategic acquisition enhances Cabin’s ability to serve enterprise clients with comprehensive Salesforce solutions CHARLOTTE, N.C.--(BUSINESS WIRE)-- Cabin, a digital experience consultancy specializing in strategy, design and engineering, today announced its acquisition of Cloud Connects, a boutique Salesforce consultancy known for its pragmatic approach to implementing Sales Cloud, Service Cloud, Agentforce and related solutions. This press release features multimedia. View the...
Duly Health and Care Expands Outpatient Surgery Access Through Minority Share Acquisition of Valley ASC in Partnership with Surgery Partners
Duly Health and Care Expands Outpatient Surgery Access Through Minority Share Acquisition of Valley ASC in Partnership with Surgery Partners
Oct 28, 2025
DOWNERS GROVE, Ill.--(BUSINESS WIRE)-- Duly Health and Care, through its Chicagoland medical group, DuPage Medical Group, Ltd., has announced the acquisition of a minority ownership interest in Valley Ambulatory Surgery Center (Valley ASC) in partnership with Surgery Partners. This collaboration strengthens Duly’s commitment to expanding access to high-quality, affordable outpatient surgical care across the Chicagoland area. Valley ASC, located in...
WeRide Announces CEO’s Voluntary Lock-Up to Reinforce Long-Term Commitment as Company Launches Hong Kong IPO
WeRide Announces CEO’s Voluntary Lock-Up to Reinforce Long-Term Commitment as Company Launches Hong Kong IPO
Oct 28, 2025
NEW YORK, Oct. 28, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. ( WRD ) (“WeRide” or the “Company”) , a global leader in autonomous driving technology, today announced that Dr. Tony Han, Founder, Chairman of the Board and CEO of the Company, has voluntarily committed to a three-year lock-up, effective as of October 28, 2025, covering all shares of the Company’s share...
Copyright 2023-2026 - www.financetom.com All Rights Reserved