The anti-CGRP market is heating. Amgen’s ($AMGN) Aimovig® received FDA approval in May 2018, and Teva’s ($TEVA) Ajovy® received approval in September. Hot on their heels, Eli Lilly’s ($LLY) Emgality® just received FDA approval at the end of September. The drugs will all be sold for essentially the same price of $6900 / year. Given the tight competition, can Teva use its patents to kick anyone off the market?
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