For the Ranbaxy brass, the past week must have been the toughest in their career as they attempted to patch up with the drug regulator of United States to facilitate the exclusive launch of a low-cost version of Pfizer’s blockbuster drug Lipitor, after its patent protection expired on November 30, in the US.
An approval from the Food and Drugs Administration (FDA) was the only hurdle before Ranbaxy, the generic company that had successfully challenged Lipitor patent and secured a six-month exclusive right to sell the low-cost version of the $10.7-billion medicine in the US market after patent expiry, to monetise this opportunity.
Ranbaxy is expected to earn $600 million if it manages to sell the Lipitor generic, exclusively for six months.
Watson, the company other than Pfizer and Ranbaxy that can market a low-cost Lipitor by virtue of an agreement with Pfizer during the exclusivity period, announced the launch of its product on Wednesday. Unlike Ranbaxy, Watson did not require FDA approval, as the company was merely marketing the medicine produced and supplied by Pfizer.
Pfizer has also reduced the price of Lipitor to minimise the effect of the shift in prescriptions to the low-cost versions.
Ranbaxy’s ability for timely launch of this product came under doubt after two of its manufacturing facilities in India (one of which was to supply Lipitor generic) were placed under an export restriction in 2008 after the FDA raised some serious compliance issues. As a result, all new product approvals from these plants were put on hold and export of 30 drugs banned.
Now, it is the turn of Ranbaxy to secure approval and start shipping its version of Lipitor, the cheapest among the three, to the US market. Analysts expect the drug to fetch $600 million in six months, though the sheen of its profits may fade if the company pays a good portion of that as penalty to FDA to secure marketing approval.
The company had not announced the status of FDA approval till we went to press.
“Half of the revenues from Lipitor generic sales will be profit for Ranbaxy. However, it is a one-time opportunity and will not have a positive impact on the long-term performance of the company,” said Ranjit Kapadia, an analyst with Centrum Broking.
“Ranbaxy may miss a few days if the (FDA) approval comes late, but it will not impact the (six month) period of exclusivity, as its product exclusivity will kick in only from the day the company launches its product in the US,” said an industry expert, who did not wished to be named.
According to him, what will help Ranbaxy is the specific clause in the Medicare Modernisation Act (passed by the United States in 2003), which excludes all six-month exclusivity approvals gained before the enactment of the law from its stipulations. The MMA has detailed mention of the conditions under which a drug company may have to forfeit its six month marketing exclusivity if it fails to get necessary approvals on time. The Ranbaxy Lipitor challenge predates MMA.
Ranbaxy and its majority stake holder, Japanese drug major Daiichi Sankyo, had repeatedly expressed confidence over their ability to monetise the six month market exclusivity.
Ranbaxy’s approval status remaining a question, the industry was abuzz over the various marketing strategies the company might have looked at to minimise the loss of its exclusive marketing opportunity.
Daiichi Sankyo, in a recent communication, had stated Ranbaxy will start selling Lipitor generic in the US from November 30.
Earlier reports also had hinted that the company plans to manufacture the drug at its site in New Brunswick, New Jersey, US with raw materials sourced from approved sources.
Meanwhile, Pfizer hopes to hold on to the brand popularity by announcing patient friendly schemes to make consumers stick to their version of the drug even after the introduction of a low-cost variant.
The company has also, as noted earlier, authorised US-based generic drug maker Watson Pharmaceuticals to sell the “authorised generic” of Lipitor after patent expiry. US laws permit the patent holder to allow one such “authorised generic” to be marketed during the six-month exclusivity period.
Thursday 15 December 2011
Lipitor patent expires, all eyes on Ranbaxy generic
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Tuesday 9 November 2010
Update 1:Patent enforceability US Case (Temodar)
CAFC reversed district court's findings on patent enforceability of 5,260,291 (assigned to schering)
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Thursday 1 April 2010
News today: Settlement & Litigations
1) Sanofi settlement with generic drug companies - Oxaplatin [Link]
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GUNA
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Wednesday 17 March 2010
Update:Patent enforceability US Case (Temodar)
Teva, in press release, said that the parties to the patent litigation of Barr vs Schering related to Temodar [temozolomide] have entered into an agreement pending resolution of Schering’s appeal to the Federal Circuit of the U.S. District Court’s decision holding the ‘291 Patent unenforceable.
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Labels: Patent enforceability, Temodar, temozolomide
Sunday 31 January 2010
Patent enforceability US Case [CRCT Vs Barr]
Temodar [temozolomide] is marketed by Merck/Schering and is used for treatment of brain cancer [glioblastoma multiforme and refractory anaplastic astrocytoma]. Barr Pharma had filed ANDA seeking approval to market generic version of temozolomide. As the product patent has not expired and listed in Orange book, Barr has filed ANDA with PIV certification on product patent.
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Labels: temozolomide
Wednesday 13 January 2010
Erlotinib Indian Case
Erlotinib Case Summary
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Wednesday 6 January 2010
Power Plants for Liver Diseases
1. Karisalankanni:
Botanical Name: Eclipta prostrata
Used for treatment of:
Liver disease (herb of choice for liver diseases)
Ulcer
Jaundice
Fatty liver
Splenomegaly
Hemorrhoids and
Indigestion
Source: http://ayurvedichomeremedies.blogspot.com/2007/11/liver-and-ayurveda.html
2. Kizhanelli:
Botanical Name: Phyllanthus Nruri
Family: Euphorliaceae
Hindi: Buin anvalah, Jar – amla
Telugu: Nelavusari
Tamil: Kizha Nelli, Kizkhai Nelli, Kilkkay nelli, Kizvai nelli
Used for treatment of:
Jaundice
Gonorrhea
Urinary tract
Frequent menstruation
Dysentery
Diabetes
hepatitis B
Also antifungal, antiviral, and anticancerous properties
Source: http://ayurvedham.com/english/tag/keezhanelli
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Labels: General News
Thursday 24 December 2009
NDA and BLA approvals by US FDA – November 2009
1. Only one New molecular entity (NME) has been approved by FDA in this month.
Drug Name: ISTODAX
Company: Gloucester Pharms
Active ingredient: ROMIDEPSIN
Review Class: Standard review drug
2. Four new formulations has been approved as shown below:
Drug Name: LYSTEDA
Company: Xanodyne Pharm
Active ingredient: TRANEXAMIC ACID
Review Class: Priority review drug
Drug Name: NEXCEDE
Company: Novartis
Active ingredient: KETOPROFEN
Review Class: Standard review drug
Drug Name: REVATIO
Company: Pfizer
Active ingredient: SILDENAFIL CITRATE
Review Class: Standard review drug
Drug Name: PENNSAID
Company: Nuvo Res
Active ingredient: DICLOFENAC SODIUM
Review Class: Standard review drug
3. One drug which is already in market (with out approval from FDA) for approved.
Drug Name: QUTENZA
Company: Neurogesx
Active ingredient: CAPSAICIN
Review Class: Standard review drug
4. A drug with out any NDA chemical type classification is also approved by US FDA
Drug Name: KALBITOR
Company: Dyax Corp
Active ingredient: ECALLANTIDE
Review Class: Unspecified
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Labels: US FDA
Friday 18 December 2009
Generic Drug Approvals by FDA - November 2009
A quick view on the Generic drug approvals by US FDA this month (Nov'09).
1. Akorn Inc and Alcon Inc has obtained two generic drug approvals this year for KETOROLAC TROMETHAMINE OPHTHALMIC SOLUTION (0.4%, 0.5%); Notably, Apotex Inc and Sun Pharma has obtained one approval each (0.4%, 0.5% respectively) for the same drug.
2. One of the generic drug competitor, Barr Laboratories have got an approval on NORETHINDRONE ACETATE AND ETHINYL ESTRADIOL TABLETS (1 MG/0.005 MG)
3. Another generic drug competitor, Teva Pharmaceuticals and Matrix laboratories have obtained approval for LANSOPRAZOLE DELAYED-RELEASE CAPSULES (15 MG and 30 MG)
4. The Indian pharma company, Aurobindo Pharma and Roxane laboratories, Ivax Pharmaceuticals (a subsidiary of Teva) have got nod for PERINDOPRIL ERBUMINE TABLETS (2 MG, 4 MG and 8 MG)
5. Par pharmaceuticals got approval for TRAMADOL HYDROCHLORIDE EXTENDED-RELEASE TABLETS (100 MG and 200 MG)
6. The drug, NICARDIPINE HYDROCHLORIDE INJECTION (2.5 MG/ML; PACKAGED IN 25 MG/10 ML) was approved for Generamedix Inc, Pharmaforce Inc, Vavinta LLC, Sun pharma and Wockhardt Ltd.
7. NIZATIDINE ORAL SOLUTION (15 MG/ML) was approved to Amneal Pharmaceuticals.
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Labels: US FDA
Sunday 13 December 2009
Patent, Patenting and business
Patents are the concept which was originated to protect the investment made to make inventive, novel and not known technical development for benefiting people and/or society. This is an agreement between government and inventor (Or assignee) to grant exclusive rights for bring developed, novel benefiting innovation to people and to protect your money investment made to make such innovation. The granted rights are like physical property, could be sold to anyone. This patent right is valid to limited time duration (Normally 20 years). Patents enhance industrial growth by protecting huge money involved in research and development.
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