Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSanofi Share News (SAN.PA)

Share Price Information for Sanofi (SAN.PA)

Euronext Paris
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 89.94
Bid: 93.35
Ask: 93.36
Change: 0.08 (0.089%)
Spread: 0.01 (0.011%)
Open: 90.23
High: 90.59
Low: 89.73
Prev. Close: 89.86
SAN.PA Live PriceLast checked at -
  • This share is an international stock.

Watchlists are a member only feature

Login to your account

Amgen-Sanofi patent case divides makers of antibody drugs

Mon, 27th Mar 2023 23:51

March 27 (Reuters) - Amgen Inc's battle with Sanofi and Regeneron at the U.S. Supreme Court over its cholesterol drug Repatha on Monday has some drugmakers hoping a ruling will reshape U.S. patent law and competition among companies that make antibody medicines.

In the dispute with Sanofi and partner Regeneron, whose cholesterol-lowering monoclonal antibody drug Praluent works in a similar way as Repatha, Amgen wants the court to rule on how much information it and others need to disclose when describing inventions in patents.

The court has been asked to weigh in on the validity of two patents for Repatha, which garnered sales of $1.5 billion in 2022 for Amgen, to determine whether Praluent infringes them.

The Supreme Court could maintain the legal status quo with its decision – expected by the end of June – which would keep the antibodies market open to numerous players. It could also decide to make it easier for drug companies to muscle competitors out of some market areas with broad patents that cover more ground.

Market research consultant Global Market Insights said the monoclonal antibodies market, which includes big-selling treatments for cancer, high cholesterol, COVID-19 and many other conditions, was worth $181 billion in 2021.

Under U.S. patent law, drug companies can get 20 years of market exclusivity for publishing their inventions, but must describe them clearly enough so skilled people can copy and use them without too much trial and error. Companies that describe inventions too broadly run the risk of having their patents canceled.

Amgen, supported at the Supreme Court by AbbVie, Bristol Myers Squibb and GSK, wants the high court to rule that it can use “genus claims,” which describe a set of characteristics or features common to a group, to describe what Repatha does in broad language.

If successful, Amgen would claim ownership of all antibodies that inhibit the PCSK9 protein, the mechanism of action for both Repatha and Praluent. Other companies could then do the same with their own antibody treatments in other disease areas.

Sanofi and Regeneron, backed by Johnson & Johnson, Pfizer, Eli Lilly < LLY.N> and at least six other companies, have argued that broad patent protection like Amgen is seeking is not allowed by U.S. patent law.

Patent lawyer Irena Royzman of Kramer Levin said the companies taking Sanofi and Regeneron’s side are doing so because a win would allow them to keep bringing competitive drugs to market more easily.

“The J&Js, Eli Lillys and Pfizers recognize that if a particular company controls an entire therapeutic target, we’re all the poorer for it,” Royzman said.

The case might also affect newer technologies used in medicine, such as CRISPR gene editing and messenger RNA, she said.

Amgen's side says if forced to only claim the structural components of their drugs in patents, competitors could easily design around them, disincentivizing investment in monoclonal antibodies.

Baird analyst Brian Skorney said the immediate financial impact of the decision is limited to the companies involved, although it could give some an advantage in future litigation.

Regeneron made $130 million from Praluent in the U.S. last year, and Sanofi collected $400 million in the rest of the world.

U.S. courts have so far sided with Sanofi. A Washington, D.C.-based federal appeals court that covers U.S. patent cases invalidated Amgen's patent claiming ownership of all PCSK9 inhibitors as a whole in 2021.

Amgen sued Sanofi and Regeneron in 2014. Both drugs use lab-made antibodies to block PCSK9 proteins that inhibit removal of bad LDL cholesterol from the blood, but they achieve that result through different chemical combinations.

More News
10 Jul 2023 19:33

EU investigates Ozempic, weight-loss drug Saxenda after suicidal thoughts reported

July 10 (Reuters) - The European Medicines Agency (EMA) is investigating Novo Nordisk's diabetes drug Ozempic and weight-loss treatment Saxenda after Iceland's health regulator flagged three cases of patients thinking about suicide or self-harm.

Read more
5 Jul 2023 12:04

China extends squeezed-out foreign pharmaceuticals firms an olive branch

BEIJING, July 5 (Reuters) - China's Commerce Minister told foreign pharmaceuticals firms they can expect "more development opportunities" during a roundtable on Wednesday, his ministry said, as drugmakers bemoan government procurement policies pricing them out of the market.

Read more
30 Jun 2023 22:38

First trial over Zantac cancer claims set for November

June 30 (Reuters) - The first U.S. trial over claims that discontinued heartburn drug Zantac causes cancer is now expected to take place in California state court on Nov. 13, a lawyer for plaintiffs in the litigation said Friday.

Read more
29 Jun 2023 06:30

Sanofi says it's back to the drawing board on mRNA flu vaccines

June 29 (Reuters) - Sanofi said that trials show the currently available mRNA technology behind the most successful COVID-19 shots will not be effective against influenza and it is already working on a next generation of shots.

Read more
23 Jun 2023 20:24

GSK soothes investors by settling first Zantac cancer lawsuit due for US trial

GSK shares best performer on London's stock market

*

Read more
22 Jun 2023 14:02

Novo Nordisk says EMA raised safety signal on drugs including semaglutide

Signal included drugs from Eli Lilly, AstraZeneca, Sanofi

*

Read more
22 Jun 2023 08:54

Novo Nordisk shares slip on EMA drug safety signal

COPENHAGEN, June 22 (Reuters) - Novo Nordisk said on Thursday the European Union's drug watchdog had last month raised a thyroid cancer safety signal for several of its drugs including semaglutide, the active ingredient in its popular diabetes and obesity drugs, Ozempic and Wegovy.

Read more
20 Jun 2023 17:44

China-exposed miners, luxury shares drag STOXX 600 down; Lanxess plunges

China-exposed miners and luxury stocks weigh

*

Read more
31 May 2023 23:35

US FDA approves Pfizer's RSV vaccine

May 31 (Reuters) - The U.S. Food and Drug Administration on Wednesday approved Pfizer Inc's respiratory syncytial virus (RSV) vaccine for older adults, making it the second shot against the common respiratory disease that can be fatal for seniors.

Read more
27 Apr 2023 12:36

AstraZeneca increases bets on China as COVID vaccine sales fade

AstraZeneca already biggest drugmaker in China

*

Read more
24 Mar 2023 15:25

GSK loses bid to keep experts out of upcoming Zantac trial

March 24 (Reuters) - A California judge on Thursday denied GSK Plc's bid to keep expert testimony linking its discontinued heartburn drug Zantac to cancer out of an upcoming trial, a setback for the British drugmaker facing lawsuits over the medicine in courts across the United States.

Read more
23 Mar 2023 17:09

Banks drag European shares down as c.banks join Fed in raising rates

Banks down 2.4%, rate-sensitive tech up 2.2%

*

Read more
20 Mar 2023 06:00

Vaccine makers prep bird flu shot for humans 'just in case'; rich nations lock in supplies

LONDON, March 20 (Reuters) - Some of the world's leading makers of flu vaccines say they could make hundreds of millions of bird flu shots for humans within months if a new strain of avian influenza ever jumps across the species divide.

Read more
13 Mar 2023 17:13

European stocks log steepest one-day fall this year as banks extend slide

European banks log worst two-day selloff in a year

*

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.