Teva/Alvotech follow Amgen in launching biosimilar for J&J’s Stelara

Building of Teva Canada Markham manufacturing facility.

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Teva Pharmaceutical (NYSE:TEVA) and Alvotech (NASDAQ:ALVO) have launched their biosimilar targeting Johnson & Johnson’s (NYSE:JNJ) blockbuster arthritis therapy Stelara (ustekinumab) in the U.S. weeks after Amgen (NASDAQ:AMGN) became the first to launch a Stelara copycat version.

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