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The world’s biggest pharmaceutical company Pfizer announced in June 2008 that it would be putting its “full scope and scale” behind a push into the cancer market. “Companies used to be universally protected by patents but there is a pathway to approval opening up for biosimilar legislation. .
Some companies accept the offered period and open doors to biological drugs or biosimilars. Company: Sanofi Generic Name: Plerixafor First Approval Date: Dec 15, 2008 Patent Expiration: Jul 2023 2022 Sales: $281.5M It is the only drug in its class of chemotherapy and is developed from the natural substance found in a sea sponge.
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