How a Drug Company Made $114 Billion by Gaming the U.S. Patent System

January 31, 2023

(New York Times) – In 2016, a blockbuster drug called Humira was poised to become a lot less valuable. The key patent on the best-selling anti-inflammatory medication, used to treat conditions like arthritis, was expiring at the end of the year. Regulators had blessed a rival version of the drug, and more copycats were close behind. The onset of competition seemed likely to push down the medication’s $50,000-a-year list price. Instead, the opposite happened. (Read More)