You're using a free limited version of DrugPatentWatch: Upgrade for Complete Access

Last Updated: January 5, 2025

IPLEX Drug Profile


✉ Email this page to a colleague

« Back to Dashboard


Summary for Tradename: IPLEX
High Confidence Patents:0
Applicants:1
BLAs:1
Note on Biologic Patents

Matching patents to biologic drugs is far more complicated than for small-molecule drugs.

DrugPatentWatch employs three methods to identify biologic patents:

  1. Brand-side disclosures in response to biosimilar applications
  2. These patents were identified from disclosures by the brand-side company, in response to a potential biosimilar seeking to launch. They have a high certainty of blocking biosimilar entry. The expiration dates listed are not estimates — they're expiration dates as indicated by the brand-side company.

  3. General brand-side disclosures
  4. These patents were identified from searching drug labels and other general disclosures from the brand-side company. This list may exclude some of the patents which block biosimilar launch, and some of these patents listed may not actually block biosimilar launch. The expiration dates listed for these patents are estimates, based on the grant date of the patent.

  5. Patents from broad patent text search
  6. For completeness, these patents were identified by searching the patent literature for mentions of the branded or ingredient name of the drug. Some of these patents protect the original drug, whereas others may protect follow-on inventions or even inventions casually mentioning the drug. The expiration dates listed for these patents are estimates, based on the grant date of the patent.

1) High Certainty: US Patents for IPLEX Derived from Brand-Side Litigation

No patents found based on brand-side litigation

2) High Certainty: US Patents for IPLEX Derived from Company Disclosures

No patents found based on company disclosures

3) Low Certainty: US Patents for IPLEX Derived from Patent Text Search

These patents were obtained by searching patent claims

IPLEX Market Analysis and Financial Projection

Market Dynamics and Financial Trajectory for IPLEX

Introduction to IPLEX

IPLEX, developed by Insmed Inc., is a biologic drug designed to treat Myotonic Muscular Dystrophy (MMD). This rare genetic disorder affects muscle tone and can lead to severe muscle wasting and other complications[4].

Orphan Drug Designation

In 2007, the FDA granted Orphan Drug Designation for IPLEX, which provides several benefits, including seven years of market exclusivity upon approval and tax credits relative to development costs[4]. This designation is crucial for the development and commercialization of IPLEX, as it positions Insmed well to advance this product candidate through clinical development.

Clinical Trials

Insmed is currently conducting a 24-week Phase III enabling trial for IPLEX in MMD. The company has also received a grant of approximately $2.1 million from the Muscular Dystrophy Association (MDA), which will cover a substantial portion of the external costs associated with the trial[4]. This funding is essential for advancing IPLEX through clinical development.

Market Exclusivity and Competition

With Orphan Drug Designation, IPLEX enjoys a period of market exclusivity. However, once this period ends, biosimilars could potentially enter the market, increasing competition. To mitigate this risk, pharmaceutical companies often invest in their own biosimilars or develop new formulations that offer improved patient outcomes and cost efficiency[2].

Financial Impact

The high cost of biologics, including IPLEX, has significant financial implications for patients and taxpayers. Between 2013 and 2021, patient and taxpayer spending on biologics increased from $100 billion to $260 billion, a 160% increase (adjusted for inflation)[5]. For the average patient prescribed a biologic, these drugs can cost $10,000 to $30,000 annually[5].

Challenges in Affordability

The high cost of biologics like IPLEX contributes to growing numbers of Americans struggling to afford necessary medications. A 2022 survey found that one in nine Medicare beneficiaries did not fill a physician’s prescription due to unaffordability[5]. High-priced oncology drugs now make up 50% to 60% of a cancer patient’s total costs to treat the illness[5].

Future Outlook

The biologics market is expected to continue growing, driven by the rising prevalence of chronic diseases and technological advancements in drug development. The global biologics market size reached USD 349.6 billion in 2023 and is projected to reach USD 699.5 billion by 2032, exhibiting a growth rate (CAGR) of 7.8% during 2024-2032[3]. However, the high cost of biologics remains a significant challenge, necessitating innovative solutions to improve affordability and accessibility.

Key Takeaways

  1. Orphan Drug Designation: IPLEX has been granted Orphan Drug Designation by the FDA, providing seven years of market exclusivity and tax credits.
  2. Clinical Trials: Insmed is conducting a Phase III trial for IPLEX in MMD, with significant funding support from the Muscular Dystrophy Association.
  3. Market Exclusivity: Once the Orphan Drug Designation period ends, IPLEX may face biosimilar competition.
  4. Financial Impact: High costs associated with biologics like IPLEX contribute to unaffordability issues for patients.
  5. Future Outlook: The biologics market is expected to grow significantly, driven by chronic disease prevalence and technological advancements.

FAQs

  1. What is the current status of IPLEX’s clinical trials?

    • IPLEX is currently in a 24-week Phase III enabling trial for the treatment of Myotonic Muscular Dystrophy (MMD)[4].
  2. How does Orphan Drug Designation benefit IPLEX?

    • Orphan Drug Designation provides seven years of market exclusivity and tax credits, which are crucial for advancing IPLEX through clinical development[4].
  3. What are the financial implications of high-cost biologics like IPLEX?

    • High-cost biologics contribute to unaffordability issues, with one in nine Medicare beneficiaries unable to fill prescriptions due to cost[5].
  4. How is the biologics market expected to grow?

    • The global biologics market size is projected to reach USD 699.5 billion by 2032, driven by chronic disease prevalence and technological advancements[3].
  5. What strategies can pharmaceutical companies use to mitigate biosimilar competition?

    • Companies can invest in their own biosimilars or develop new formulations that offer improved patient outcomes and cost efficiency[2].

More… ↓

⤷  Subscribe

Make Better Decisions: Try a trial or see plans & pricing

Drugs may be covered by multiple patents or regulatory protections. All trademarks and applicant names are the property of their respective owners or licensors. Although great care is taken in the proper and correct provision of this service, thinkBiotech LLC does not accept any responsibility for possible consequences of errors or omissions in the provided data. The data presented herein is for information purposes only. There is no warranty that the data contained herein is error free. thinkBiotech performs no independent verification of facts as provided by public sources nor are attempts made to provide legal or investing advice. Any reliance on data provided herein is done solely at the discretion of the user. Users of this service are advised to seek professional advice and independent confirmation before considering acting on any of the provided information. thinkBiotech LLC reserves the right to amend, extend or withdraw any part or all of the offered service without notice.