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Fosamax leads 2008 patent retreat

By admin
Created Feb 6 2008 - 7:59am

Fosamax is dead! Long live generic Fosamax! Reporters took the osteoporosis drug's patent expiration today as an opportunity to remind us all that $20 billion worth of drugs will go off patent this year [1], cutting big-time into Big Pharma's sales. Merck, for instance, expects Fosamax sales to drop to at least $1.5 billion from $3 billion in 2007, and to erode further as time goes on.

BusinessWeek kindly provides a list of products that will fall off the patent cliff in 2008, along with manufacturer, indication, 2007 revenues, and expiration date:

One strategy that more drug makers are using--including Merck with Fosamax--is creating so-called "branded generics." They're authorized copycats licensed to a generics maker. That way, the branded drug maker gets to reap some of the generics revenues rather than ceding them all to copycat drug makers. Watson Pharmaceuticals will sell a Merck-made generic Fosamax starting today, the company announced.

- check out Watson's release [2] on its generic Fosamax
- read the trend article [3] in BusinessWeek
- get more Merck-related details [4] at CNN Money

Related Articles:
Merck joins Fosamax copycats. Report [5]
Merck expects $1.8B hit on Fosamax. Report [6]
Blockbusters on their way to generic-land. Report [7]


Source URL:
http://www.fiercepharma.com/story/fosamax-leads-2008-patent-retreat/2008-02-06