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Supreme Court speeds copycat biologic drugs to market

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SCOTUS speeds copy-cat drugs to marketThe U.S. Supreme Court on Monday cut the time it will take for copycat versions of biologic drugs to get to the market in a pivotal ruling about an expensive class of medicines that can yield billions of dollars in sales for drug companies.

The justices, in a 9-0 ruling, overturned a lower court's decision that had prevented Swiss pharmaceutical company Novartis AG (NOVN.S) from selling its copycat version of California-based Amgen Inc's (AMGN.O) Neupogen until six months after the U.S. Food and Drug Administration approved it.

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