January 28, 2023, How a Drug Company Made $114 Billion by Gaming the U.S. Patent System
AbbVie for years delayed competition for its blockbuster drug Humira, at the expense of patients and taxpayers. The key patent on the best-selling anti-inflammatory medication, used to treat conditions like arthritis, was expiring at the end of the year. Through its savvy but legal exploitation of the U.S. patent system, Humira’s manufacturer, AbbVie, blocked competitors from entering the market. Today, Humira is the most lucrative franchise in pharmaceutical history.
From the New York Times: How a Drug Company Made $114 Billion by Gaming the U.S. Patent System