Established brand-name drugs face patent "cliff" |
Large pharmaceutical companies are not voluntarily embarked on a road. In the next four years, the annual sales exceeding $ 140 billion in pharmaceutical products will lose exclusive patent rights. According to market research firm Datamonitor company data provided by the patent failure of the majority of economic losses caused by (total $ 90 billion) will focus on the IMS Health is responsible for industry relations, said Doug Long, vice president, pharmaceutical patent expiration in 2012 is the worst year, when 330 billion on drugs in the The advent of the patent expiry peak 2011 patent expiration of key drugs, including Pfizer's Lipitor (Lipitor / atorvastatin), Lilly's Zyprexa (Zyprexa / olanzapine), PriCara / Ortho-McNeil's Levaquin / levofloxacin and GlaxoSmithKline the company's Advair Diskus (fluticasone / salmeterol). The product patent expires in 2012 with Sanofi / Bristol-Myers Squibb's clopidogrel (Plavix / clopidogrel), Pfizer's Viagra (Viagra / sildenafil), AstraZeneca's Seroquel (Seroquel / quetiapine) and fixed (Crestor / rosuvastatin), Merck's Singulair (Singulair / montelukast) and Previously, due to patent law protection, the pharmaceutical industry has been slowly towards the patent "cliff", which is the industry eager to develop new indications and new formulations for a reason, thus making the industry for innovative drug development efforts inadequate. Each new treatment indications and new drug delivery mechanism to patent protection will increase an insurance profit margin to expand the brand drug and generic competition delayed pace. Datamonitor noted that generic competition in the market after just six months time, the brand drug sales fell 72%, sales decreased by 70%. However, pharmaceutical patents will eventually fail, and the influx of generic drugs to market, a sharp rise in sales of generic drugs at the same time, the brand drug price "collapse." Long noted that in 2001, all drugs sold in the For large pharmaceutical companies, the situation is becoming worse. In recent years, research and development lag, sale of new products is relatively small. In 2010, the world's only 21 new drugs to market, This is the lowest since 1997. Although Ⅰ and Ⅱ clinical trials there are many potential products, but in the pilot phase of stage Ⅲ few products, but pre-registration phase in the number of products or less. This means that the next few years, very few approved a new drug, brand drug profits generated can not be optimistic, it is difficult to promote the pharmaceutical company's sales and profit growth. Long said, people will look at from two aspects to this problem, a view is: we are moving towards a 2018 generic drugs will account for 86% share of the pharmaceutical market, which is a completely non-innovative market, the market and not much innovation. Another point of view, because of the drugs sold in the For pharmaceutical companies, the good news is that the U.S. is not the only pharmaceutical sales market, pharmaceutical companies can not only sell products to the global market, and with other countries, per capita health care costs increase, the United States, Europe and Japan traditional medicine powers are no longer on the profits of pharmaceutical companies play a decisive role. Long said, Of course, the pharmaceutical industry has been upward. In 2006, the Long said: "This is a very flexible market in 2008, we experienced an economic crisis. Throughout 2009 and 2010, the pharmaceutical industry is to maintain a very good momentum." But Long added: "I began to suspect that this will be short-term rebound in 2010 slowdown in consumption and demand, indicating that the economic downturn is coming 2010, a variety of generic drugs to the market, government and enterprises have to develop discount program, coupled with the weak economy, all of these factors enhance the market share of generic drugs. " Decrease the number of new patients, although more people may start using generic drugs. Because generic drugs 75 percent share of the market, people choose these drugs are also normal, after all, more cost generic drugs. But the sales of brand-name drugs have had an impact, the rise in generic drugs, while brand-name drugs are lower down. Because brand-name drugs continue to lose patent protection in pharmaceutical companies is difficult to compensate for economic losses already suffered. The upside is, already at historically low cost of drug therapy will continue to decline. According to data provided by IMS, since 2006, 28 therapeutic areas where the total cost of drug therapy decreased 3%. In 2010, the average patient drug treatment per person per day cost is only $ 1.86. However, some areas have increased the cost of treatment, including respiratory tract, AIDS, erectile dysfunction (ED), Cox-2 inhibitors as well as attention deficit hyperactivity disorder (ADHD). However, more than 20 therapeutic areas, drug use is declining, including calcium channel blockers, β-blockers, ACE inhibitors, proton pump inhibitors, used for epilepsy and insomnia drugs. With the next few years a number of important respiratory tract, ED and ADHD drugs lose patent protection, the overall cost of drug therapy will continue to decline. (From Medicine Economic News) |