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AbbVie drops lawsuit

  • AbbVie's (ABBV +0.4%) spat with Europe's drug regulator ends with the agency's acceptance of redacted documents pertaining to the company's rheumatoid arthritis drug.
  • Last year, the firm sought an injunction to block the medicines regulator from releasing confidential and commercially-sensitive information about the drug.
  • Researchers want access to the raw data as a means to improve third-party scrutiny of new drugs. Unsurprisingly, companies oppose this citing potential damage to their businesses and increased difficulty defending patents.
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