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Last Updated: December 22, 2024

NOVOLOG Drug Profile


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Recent Clinical Trials for NOVOLOG

Identify potential brand extensions & biosimilar entrants

SponsorPhase
Amphastar Pharmaceuticals, Inc.Phase 2/Phase 3
The Cleveland ClinicPhase 4
Boston Medical CenterPhase 3

See all NOVOLOG clinical trials

Recent Litigation for NOVOLOG

Identify key patents and potential future biosimilar entrants

District Court Litigation
Case NameDate
NOVO NORDISK INC. v. RIO BIOPHARMACEUTICALS, INC.2024-01-19
NOVO NORDISK INC. v. DR. REDDY'S LABORATORIES, LTD.2023-11-08
SANOFI-AVENTIS U.S. LLC v. MYLAN N.V.2017-10-24

See all NOVOLOG litigation

Pharmacology for NOVOLOG
Established Pharmacologic ClassInsulin Analog
Chemical StructureInsulin
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 NOVOLOG Derived from Brand-Side Litigation

No patents found based on brand-side litigation

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

These patents were obtained from company disclosures
Applicant Tradename Biologic Ingredient Dosage Form BLA Patent No. Estimated Patent Expiration Source
Novo Nordisk Inc. NOVOLOG insulin aspart Injection 020986 11,311,679 Company disclosures
Novo Nordisk Inc. NOVOLOG insulin aspart Injection 020986 5,618,913 2014-04-08 Company disclosures
Novo Nordisk Inc. NOVOLOG insulin aspart Injection 020986 5,626,566 2014-05-06 Company disclosures
Novo Nordisk Inc. NOVOLOG insulin aspart Injection 020986 5,693,027 2014-12-02 Company disclosures
Novo Nordisk Inc. NOVOLOG insulin aspart Injection 020986 5,866,538 2016-06-20 Company disclosures
>Applicant >Tradename >Biologic Ingredient >Dosage Form >BLA >Patent No. >Estimated Patent Expiration >Source

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

These patents were obtained by searching patent claims

Supplementary Protection Certificates for NOVOLOG

Supplementary Protection Certificate SPC Country SPC Expiration SPC Description
10199011 Germany ⤷  Subscribe PRODUCT NAME: KRISTALLE, ENTHALTEND ASP B28 HUMAN-INSULIN UND PROTAMIN; REGISTRATION NO/DATE: EU/1/00/142/001-008 20000801
41/2005 Austria ⤷  Subscribe PRODUCT NAME: NOVOMIX 70 - SUSPENSION, ENTHALTEND LOESLICHES INSULIN ASPART UND PROTAMINKRISTALLISIERTES INSULIN ASPART IM VERHAELTNIS 70:30; REGISTRATION NO/DATE: EU/1/00/142/017 - EU/1/00/142/022 20051005
CA 2005 00046 Denmark ⤷  Subscribe PRODUCT NAME: OPLOSELIGT INSULIN ASPART / PROTAMINKRYSTALLERET INSULIN ASPART 100E/ML I FORHOLDET 50/50
122013000062 Germany ⤷  Subscribe PRODUCT NAME: KOMBINATION VON INSULIN DEGLUDEC UND INSULIN ASPART IN ALLEN DURCH DAS BASISPATENT GESCHUETZTEN FORMEN; REGISTRATION NO/DATE: EU/1/12/806/001 EU/1/12/806/004-005 EU/1/12/806/007-008 20130121
40/2005 Austria ⤷  Subscribe PRODUCT NAME: NOVOMIX 50 - SUSPENSION, ENTHALTEND LOESLICHES INSULIN ASPART UND PROTAMINKRISTALLISIERTES INSULIN ASPART IM VERHAELTNIS 50:50; REGISTRATION NO/DATE: EU/1/00/142/011 - EU/1/00/142/016 20051005
>Supplementary Protection Certificate >SPC Country >SPC Expiration >SPC Description

NOVOLOG Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Novolog and the Biologics Market

Introduction to Biologics and Novolog

Biologics, including drugs like Novolog, are revolutionizing the treatment of various chronic and acute diseases. Novolog, a rapid-acting insulin analog developed by Novo Nordisk, is a key player in the diabetes management market.

Global Biologics Market Overview

The global biologics market is experiencing significant growth, driven by increasing demand for targeted and effective treatments for chronic diseases such as cancer, neurological disorders, genetic diseases, and autoimmune diseases.

  • Market Size and Growth: The global biologics market was valued at USD 511.04 billion in 2024 and is projected to reach USD 1,374.51 billion by 2033, growing at a CAGR of 10.4% during the forecast period[1].
  • Regional Dominance: North America holds the largest revenue share of 46% in 2023, due to high prevalence of chronic diseases, favorable reimbursement policies, and significant investments in R&D[1].

Novolog and the Diabetes Market

Price Adjustments and Affordability

Novo Nordisk has taken significant steps to make insulin products, including Novolog, more affordable.

  • Price Reductions: Starting January 1, 2024, Novo Nordisk is lowering the list prices of several insulin products, including Novolog, by up to 75%. This move aims to reduce the burden of out-of-pocket costs for patients with diabetes[3].

Market Impact

The price adjustments are part of a broader strategy to address patient affordability and market dynamics.

  • Patient Affordability: By reducing list prices, Novo Nordisk aims to make insulin more accessible, reflecting the company's commitment to ensuring patients can afford their medications[3].
  • Market Dynamics: These price reductions also reflect the company's response to evolving policy changes and market pressures, ensuring a sustainable path forward for both patients and the company[3].

Financial Performance of Novo Nordisk

Revenue and Sales Growth

Novo Nordisk has seen robust financial performance, driven by strong sales of its biologic products, including insulin.

  • Sales Growth: In 2023, Novo Nordisk reported a 31% increase in net sales, reaching DKK 232.261 billion. This growth is attributed to strong sales across North America and international operations[5].
  • Operating Profit: The company's operating profit grew by 37% to DKK 102.574 billion in 2023, reflecting the success of its product portfolio and strategic investments[5].

Research and Development

Investments in R&D are crucial for the continued growth and innovation in biologics.

  • R&D Investments: Novo Nordisk invested heavily in R&D, with costs increasing to 14.0% of sales in 2023. This includes significant advancements in pipeline products such as semaglutide and insulin icodec[5].

Manufacturing and Supply Chain

Production Capacity

To meet the growing demand for biologics, companies are expanding their production capacities.

  • Capacity Expansion: Novo Nordisk has invested over DKK 75 billion in 2023 alone to expand its production capacity, aiming to serve millions more patients worldwide[5].

Manufacturing Segments

The biologics market is segmented based on manufacturing processes, with in-house and outsourcing segments showing different growth trajectories.

  • In-House vs. Outsourcing: The in-house segment dominated the market with an 85.87% share in 2023, while the outsourcing segment is projected to expand at a CAGR of 10.8% during the forecast period[1].

Disease Categories and Product Segments

Oncology and Hematological Disorders

Biologics are increasingly used in various disease categories, with oncology and hematological disorders showing significant growth.

  • Oncology Segment: The oncology segment dominated the biologics industry with a 29.40% share in 2023. The hematological disorder segment is expected to expand at the fastest CAGR of 11.8% during the forecast period[1].

Monoclonal Antibodies and RNAi Therapeutics

  • Monoclonal Antibodies: The monoclonal antibodies segment accounted for a 68% share in 2023. Other segments like antisense and RNAi therapeutics are anticipated to expand at a CAGR of 20.7% during the forecast period[1].

Regional Growth and Opportunities

Asia Pacific Region

The Asia Pacific region is emerging as a significant market for biologics.

  • CAGR: The Asia Pacific region is projected to expand at a CAGR of 11.2% during the forecast period, driven by growing awareness and unmet medical needs[1].

Challenges and Opportunities

Regulatory and Pricing Pressures

Biologic drug manufacturers face regulatory and pricing pressures that can impact their financial trajectory.

  • Regulatory Changes: Companies must navigate evolving policy changes and regulatory requirements, which can influence pricing strategies and market access[3].

Innovation and Pipeline Development

Continuous innovation is crucial for maintaining market leadership.

  • Pipeline Development: Novo Nordisk's pipeline includes novel combination therapies and new insulin products, such as insulin icodec, which is pending regulatory approval. These developments are expected to drive future growth[5].

Key Takeaways

  • Market Growth: The global biologics market is projected to reach USD 1,374.51 billion by 2033, driven by increasing demand for targeted treatments.
  • Price Adjustments: Novo Nordisk's price reductions for insulin products aim to improve patient affordability.
  • Financial Performance: Novo Nordisk has seen strong sales growth and significant investments in R&D and production capacity.
  • Regional Opportunities: The Asia Pacific region offers substantial growth opportunities for biologics.
  • Innovation: Continuous innovation in pipeline products is essential for maintaining market leadership.

FAQs

Q: What is the projected growth rate of the global biologics market? A: The global biologics market is projected to grow at a CAGR of 10.4% from 2024 to 2033[1].

Q: Why is Novo Nordisk reducing the prices of its insulin products? A: Novo Nordisk is reducing the prices to make insulin more affordable for patients and to address the complex pricing system and evolving policy changes[3].

Q: Which region dominates the biologics market? A: North America holds the largest revenue share of 46% in the biologics market, driven by high prevalence of chronic diseases and significant investments in R&D[1].

Q: What are some of the key pipeline products of Novo Nordisk? A: Novo Nordisk's pipeline includes novel combination therapies, semaglutide, and insulin icodec, which is pending regulatory approval[5].

Q: How is the Asia Pacific region contributing to the growth of the biologics market? A: The Asia Pacific region is projected to expand at a CAGR of 11.2% due to growing awareness and unmet medical needs[1].

Sources

  1. Biologics Market Size to Hit Around USD 1.37 Trillion By 2033 - Biospace
  2. Novolog reported its financial results for the first quarter of 2023 - Novolog
  3. Novo Nordisk to lower U.S. prices of several pre-filled insulin pens and vials up to 75% for people living with diabetes in January 2024 - PR Newswire
  4. Biological Drugs Market Trends and Forecast 2014 - 2020 - Transparency Market Research
  5. Novo Nordisk Annual Report 2023 - Novo Nordisk

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