Amgen Sues Coherus Over Chemo Drug Trade Secrets

By John Kennedy (March 7, 2017, 8:36 PM EST) -- Amgen Inc. on Friday sued Coherus Biosciences Inc., which is seeking approval of a biosimilar of Amgen's chemotherapy drug Neulasta, telling a California court that Coherus has been poaching its employees and using stolen trade secrets to speed up its biosimilar production process.

The drugmaker accused disloyal former employees now working for Coherus of running a "massive conspiracy" that gave the biosimilar company an unfair head start in bringing its Neulasta biosimilar to market. Coherus said in a Monday statement that it rejects Amgen's claims and that the suit is nothing more than an effort to delay Coherus from entering the...

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