Alvotech Beats Back AbbVie’s Trade Secrets Lawsuit

REYKJAVIK, Iceland--(BUSINESS WIRE)--A U.S. federal judge has dismissed a lawsuit brought by AbbVie against Alvotech Hf alleging theft of trade secrets. Alvotech, an Iceland-based biosimilar company, is seeking to bring an affordable high-concentration biosimilar of Humira®(adalimumab) to the market. Judge Harry D. Leinenweber of the U.S. District Court for the Northern District of Illinois, Eastern Division, issued the ruling Wednesday, Oct. 6. “Alvotech’s mission is to bring affordable medici