Spotlight On... Novartis takes biosimilar fight to Supreme Court; Alphabet's Verily leases ex-Onyx campus; and more...

Novartis ($NVS) is petitioning the Supreme Court to weigh in on biosimilars legislation, challenging a ruling that forces the makers of copycat biologics to wait 180 days after approval before launching their products. At issue is a U.S. law that requires makers of biosimilars to warn brand-name manufacturers 180 days before selling their knockoffs, STAT reports. As the law is currently enforced, that process starts when biosimilars win approval, but Novartis contends it should be at the whim of developers, meaning companies could inform their rivals 180 days before the FDA's scheduled decision date and thus launch their copycat therapies immediately following approval. Novartis' Sandoz unit has filed a petition in hopes of making its case before the Supreme Court in what could lead to a landmark decision for biosimilars in the U.S. More

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