Latest I-MAK report again slams profound burden of 'patent thickets'
The Initiative for Medicines, Access, and Knowledge (I-MAK), a campaign group seeking to drive down the cost of medicines, has released its latest report, "The Burden of Patent Thickets."
This study claims to expose the profound impact of extended patent protection on the pharmaceutical industry, highlighting the staggering $158 billion in revenue amassed by drugmakers after the expiration of primary patent protection from just four biologic drugs: AbbVie’s (NYSE: ABBV) Humira (adalimumab), Roche’s (ROG: SIX) Avastin (bevacizumab), Biogen’s (Nasdaq: BIIB) Rituxan (rituximab), and Sanofi's (Euronext: SAN) Lantus (insulin glargine).
Key findings
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