A South Korean court on Friday ruled in favor of Samsung Bioepis Co. in a patent dispute against Regeneron Pharmaceuticals Inc., a US pharmaceutical firm.
The Seoul Central District Court ruled against Regeneron, which had sought to block Samsung Bioepis from producing and selling a biosimilar, referencing the US firm’s Eylea, a blockbuster medicine used to treat various eye conditions.
Regeneron filed a complaint with the court against Samsung in January 2023, claiming that the Korean firm’s biosimilar Afilivu violated Eylea’s patent.
Eylea, developed by Regeneron, is the world’s leading treatment for age-related macular degeneration, a common cause of blindness among older adults. Since its launch in 2013, Eylea has become a major revenue driver for Regeneron, with the drug’s 2023 global sales at $9.38 billion, including 96.8 billion won ($67.5 million) in Korean sales.
Industry watchers said the court ruling will likely clear a hurdle in Samsung’s efforts to enhance its presence in the global biosimilar market, which is valued at over 12 trillion won, or $8.4 trillion.
It is not immediately known whether Regeneration will appeal the case to a higher court,
Samsung Bioepis, wholly owned by Samsung Biologics Co., a biopharmaceutical unit of Korea’s top conglomerate Samsung Group, launched Afilivu, the Eylea biosimilar, in Korea last May.
Biosimilars are near-identical copies of biologic drugs that offer similar efficacy and safety profiles at a lower cost.
Eylea’s patents have expired or are set to expire across key markets. Its composition-of-matter patent expired in Korea in January 2024 and in the US in May 2024. It is set to expire in Europe in November 2025.
KOREAN PHARMA CIRCLE WELCOMES COURT RULING
The Korean pharmaceutical industry welcomed the court ruling, citing concerns that dominant players often use litigation to delay competition.
“The ruling is judicial support for biosimilar manufacturers. We hope it will strengthen Korean biosimilar firms’ competitiveness in the global market,” said an industry official.
Legal hurdles remain, however.
Last week, Regeneron separately filed an injunction with the same court against Samsung Bioepis, requesting a sales ban on Afilivu in Korea. The court accepted Regeneron’s injunction request.
In the US, Samsung Bioepis has been engaged in a patent dispute with Regeneron since December 2023.
By Dong-jin Hwang
radhwang@hankyung.com
In-Soo Nam edited this article.
