US pharma giant Pfizer is facing competition for its antidepressant Pristiq (desvenlafaxine) with generics hitting the market in the US.
Generic antidepressant launched in the US
Generics/News | Posted 31/03/2017 0 Post your comment
Israeli generics giant Teva Pharmaceutical Industries announced on 1 March 2017 the launch of generic desvenlafaxine extended-release tablets in dosages of 25, 50 and 100 mg, in the US.
On 2 March 2017, Indian generics maker Lupin Pharmaceuticals announced the launch of generic desvenlafaxine extended-release tablets in the 50 and 100 mg dosages, after having received approval from the US Food and Drug Administration (FDA).
Finally, this was followed by an announcement by US-based drugmaker Mylan on 10 March 2017. Mylan has also launched 50 and 100 mg dosages of desvenlafaxine extended-release tablets in the US.
According to IMS Health data the 50 and 100 mg dosages of desvenlafaxine extended-release tablets had US sales of approximately US$853 million for the 12 months ending 31 January 2017.
Pfizer is also expected to take losses when its blockbuster erectile dysfunction drug Viagra (sildenafil) also loses patent protection and faces generics competition at the end of 2017.
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Source: Lupin, Mylan, Teva
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