Who has the patent for Keytruda?
According to the non-profit group Initiative for Medicines, Access & Knowledge (I-MAK), which advocates for cheaper drugs, Merck has filed 129 patents related to Keytruda.
How long is the patent on eliquis?
That August, the U.S. Patent and Trademark Office granted Eliquis a key composition of matter patent, extending it from February 2023 to November 2026.
Does Eliquis expire?
Eliquis (apixaban) has a shelf life of three years, as stated by its manufacturer, Bristol-Myers Squibb. To locate the specific shelf life of your supply of Eliquis, look for the expiration date printed on its original packaging.
Is Eliquis going generic in 2020?
The FDA recently approved the first-ever generic versions of Eliquis (apixaban), a medication that helps prevent stroke, blood clots, and embolisms. The generics will offer lower-cost alternatives for people who struggle to afford brand-name Eliquis.
What happens when pharmaceutical patent expires?
When a drug’s U.S. patent expires, manufacturers other than the initial developer may take advantage of an abbreviated approval process to introduce lower-priced generic versions. In most uses, generics are clinically equivalent to the original branded drug.
Why do drug patents expire?
When a pharmaceutical company challenges a generic drug manufacturer in court, the FDA must mandate a 30-month freeze on the approval of the generic drug. Generic drug makers, in turn, file lawsuits to invalidate these additional patents.
Has Lipitor been discontinued?
Lipitor is still on the market today. Yet, millions more now take generic statins due to patent losses of these blockbuster drugs. In fact, generic statins can save you hundreds of dollars each month.
Is Lipitor hard on the liver?
Clinical studies revealed Lipitor can damage liver function, and the FDA has received rare post-marketing reports of both fatal and nonfatal liver failure. Other reported liver problems include jaundice, hepatitis, chronic liver damage and fatty changes to the liver.