Robert Wessman, Alvotech founder and chairman

Ab­b­Vie’s last stand: How an Ice­landic bil­lion­aire’s biosim­i­lar has one fi­nal shot to de­throne Hu­mi­ra

When Ab­b­Vie CEO Richard Gon­za­lez sat be­fore the House Com­mit­tee on Over­sight last week, calm­ly fend­ing off ques­tions about his mega-block­buster Hu­mi­ra and its fortress of patents, the fate of any com­pe­ti­tion en­ter­ing the US mar­ket be­fore 2023 seemed all but sealed.

But what none of the rep­re­sen­ta­tives nor their 57-page re­port men­tioned is that there is still one more biosim­i­lar de­vel­op­er that has a shot at win­ning FDA ap­proval for its ver­sion of Hu­mi­ra in Sep­tem­ber, and has yet to set­tle in court with Ab­b­Vie.

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