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Last Updated: December 22, 2024

IMATINIB MESYLATE - Generic Drug Details


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What are the generic drug sources for imatinib mesylate and what is the scope of freedom to operate?

Imatinib mesylate is the generic ingredient in two branded drugs marketed by Novartis, Amneal Pharms, Apotex, Breckenridge, Chartwell Rx, Dr Reddys, Eugia Pharma, Hikma, Mylan, Natco Pharma Ltd, Qilu Pharm Hainan, Shilpa, Sun Pharm, Teva Pharms Usa, and Zydus Pharms, and is included in sixteen NDAs. Additional information is available in the individual branded drug profile pages.

There are thirty-four drug master file entries for imatinib mesylate. Twenty-three suppliers are listed for this compound.

Drug Prices for IMATINIB MESYLATE

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Recent Clinical Trials for IMATINIB MESYLATE

Identify potential brand extensions & 505(b)(2) entrants

SponsorPhase
Inhibikase Therapeutics, Inc.Phase 1
Sarit AssoulinePhase 3
First Affiliated Hospital of Wenzhou Medical UniversityPhase 2

See all IMATINIB MESYLATE clinical trials

Medical Subject Heading (MeSH) Categories for IMATINIB MESYLATE
Paragraph IV (Patent) Challenges for IMATINIB MESYLATE
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
GLEEVEC Tablets imatinib mesylate 100 mg and 400 mg 021588 1 2007-03-12

US Patents and Regulatory Information for IMATINIB MESYLATE

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Eugia Pharma IMATINIB MESYLATE imatinib mesylate TABLET;ORAL 212773-001 Jul 23, 2020 AB RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Dr Reddys IMATINIB MESYLATE imatinib mesylate TABLET;ORAL 206547-002 Aug 13, 2018 AB RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Novartis GLEEVEC imatinib mesylate TABLET;ORAL 021588-002 Apr 18, 2003 AB RX Yes Yes ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Natco Pharma Ltd IMATINIB MESYLATE imatinib mesylate TABLET;ORAL 207818-001 Mar 1, 2019 AB RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Dr Reddys IMATINIB MESYLATE imatinib mesylate TABLET;ORAL 206547-001 Aug 13, 2018 AB RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >TE >Type >RLD >RS >Patent No. >Patent Expiration >Product >Substance >Delist Req. >Exclusivity Expiration

Expired US Patents for IMATINIB MESYLATE

Applicant Tradename Generic Name Dosage NDA Approval Date Patent No. Patent Expiration
Novartis GLEEVEC imatinib mesylate TABLET;ORAL 021588-001 Apr 18, 2003 6,894,051*PED ⤷  Subscribe
Novartis GLEEVEC imatinib mesylate TABLET;ORAL 021588-002 Apr 18, 2003 7,544,799*PED ⤷  Subscribe
Novartis GLEEVEC imatinib mesylate TABLET;ORAL 021588-002 Apr 18, 2003 5,521,184*PED ⤷  Subscribe
Novartis GLEEVEC imatinib mesylate CAPSULE;ORAL 021335-002 May 10, 2001 5,521,184*PED ⤷  Subscribe
Novartis GLEEVEC imatinib mesylate TABLET;ORAL 021588-001 Apr 18, 2003 5,521,184*PED ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >Patent No. >Patent Expiration

IMATINIB MESYLATE Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Imatinib Mesylate

Introduction to Imatinib Mesylate

Imatinib mesylate, commonly known by its brand name Gleevec, is a groundbreaking tyrosine kinase inhibitor used primarily in the treatment of chronic myeloid leukemia (CML) and gastrointestinal stromal tumors (GIST). Here, we delve into the market dynamics and financial trajectory of this pivotal drug.

Market Size and Growth Projections

The imatinib mesylate market is poised for significant growth. As of 2023, the market size was valued at USD 100 billion and is projected to reach USD 214.36 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 5.1% from 2024 to 2031[1].

Key Drivers of Market Growth

Several factors are driving the growth of the imatinib mesylate market:

Increasing Prevalence of CML and GIST

The rising incidence of CML and GIST is a major driver. These conditions require effective treatment options, and imatinib mesylate has become a standard therapy for these diseases[1][4].

Technological Advancements and Precision Medicine

Advances in medical technology, particularly in precision medicine and targeted therapy, have expanded the use of imatinib mesylate in oncology. This has increased its demand and market growth[1].

Government Support and Healthcare Infrastructure

Supportive government programs aimed at improving cancer care infrastructure, especially in emerging regions, are also boosting the market. Improved access to healthcare facilities and medications in these regions is a significant factor[1].

Continuous Research and Development

Ongoing research and development initiatives focused on innovative formulations and new indications for imatinib mesylate are expected to further accelerate market expansion[1].

Market Segmentation

The imatinib mesylate market is segmented based on several criteria:

Type

The market is segmented into different dosages, primarily 100mg and 400mg tablets[1].

Application

The drug is used in various settings, including hospitals and pharmacies[1].

Geographical Regions

The market is analyzed across regions such as North America, Europe, Asia-Pacific, South America, and the Middle-East and Africa. North America holds a significant share, while the Asia-Pacific region is expected to be the fastest-growing market[1][4].

Financial Considerations and Cost-Effectiveness

Cost-Effectiveness Analysis

Studies have shown that imatinib mesylate is a cost-effective first-line therapy for CML patients compared to other treatments like interferon-alpha plus low-dose cytarabine (IFN+LDAC). Despite higher upfront costs, imatinib mesylate offers significant survival benefits, with an estimated mean survival of 15.30 years compared to 9.07 years with IFN+LDAC[2].

Pricing Dynamics

The price of imatinib mesylate has been a subject of controversy. Initially launched at $32,000 per year, the price escalated to over $100,000 per year by 2012, largely due to market exclusivity and profit maximization. The introduction of generic versions in 2017 did not significantly reduce prices due to various market maneuvers by pharmaceutical companies[5].

Generic Impact

The availability of generic imatinib mesylate has had a mixed impact. While the wholesale acquisition cost of generics is significantly lower (e.g., $6,900 per year for Apotex), the average wholesale price charged to patients or their insurance companies remains high (e.g., $131,200 per year). Initiatives like Mark Cuban's CostPlus Drugs aim to address this disparity by offering generic imatinib at more affordable prices (e.g., $564 per year)[5].

Competitive Landscape

The imatinib mesylate market is competitive, with several major players:

Key Players

Companies such as Novartis AG, Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Mylan N.V., and Dr. Reddy's Laboratories Ltd. are dominant in the market. These companies are involved in continuous research and development, product benchmarking, and strategic market positioning[1][4].

Market Dynamics Analysis

A Porter’s Five Forces analysis reveals the competitive dynamics, including buyers' bargaining power, suppliers' bargaining power, the threat of new entrants, the threat of substitutes, and the degree of competition. The market is characterized by strong competition among existing players and moderate barriers to entry for new entrants[1].

Regional Market Analysis

North America

North America holds the largest market share due to high incidences of cancer and a well-established healthcare infrastructure. The region is expected to continue its dominance due to increased adoption of novel agents and growing healthcare expenditure[3][4].

Asia-Pacific

The Asia-Pacific region is expected to be the fastest-growing market, driven by increasing healthcare infrastructure and rising awareness of targeted therapies[1][4].

Challenges and Opportunities

Challenges

  • High Pricing and Affordability: Despite the availability of generics, the high pricing of imatinib mesylate remains a challenge, affecting patient affordability and access[5].
  • Patent Expiries: The patent expiries of branded TKIs could impact market dynamics, although this also opens opportunities for generic formulations[3].

Opportunities

  • Expanding Indications: Continuous research on new indications for imatinib mesylate can expand its market potential[1].
  • Emerging Markets: Growing healthcare infrastructure in emerging regions presents significant opportunities for market growth[1].

Key Takeaways

  • The imatinib mesylate market is projected to grow significantly, driven by increasing prevalence of CML and GIST, technological advancements, and supportive government programs.
  • The market is segmented by type, application, and geographical regions, with North America holding the largest share and the Asia-Pacific region being the fastest-growing.
  • Despite high upfront costs, imatinib mesylate is cost-effective in the long term, offering significant survival benefits.
  • The introduction of generics has not significantly reduced prices due to market dynamics, but initiatives like CostPlus Drugs aim to make the drug more affordable.
  • The competitive landscape is dominated by major pharmaceutical companies, with ongoing research and development driving market growth.

FAQs

What is the current market size of the imatinib mesylate market?

The imatinib mesylate market was valued at USD 100 billion in 2023[1].

What is the projected growth rate of the imatinib mesylate market?

The market is expected to grow at a CAGR of 5.1% from 2024 to 2031[1].

Which region holds the largest market share for imatinib mesylate?

North America holds the largest market share for imatinib mesylate[3][4].

What are the key drivers of the imatinib mesylate market growth?

Key drivers include the increasing prevalence of CML and GIST, technological advancements, and supportive government programs[1].

How has the introduction of generic imatinib mesylate affected pricing?

The introduction of generics has not significantly reduced prices due to various market maneuvers, but initiatives like CostPlus Drugs aim to make the drug more affordable[5].

Who are the major players in the imatinib mesylate market?

Major players include Novartis AG, Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Mylan N.V., and Dr. Reddy's Laboratories Ltd.[1][4].

Sources

  1. Market Research Intellect: Global Imatinib Mesylate Drugs Market Size and Forecast.
  2. PubMed: Cost-effectiveness of imatinib versus interferon-alpha plus low-dose cytarabine.
  3. GlobalData: Chronic Myeloid Leukemia (CML): Global Drug Forecast and Market Analysis.
  4. Mordor Intelligence: Imatinib Drug Market - Size, Share & Industry Analysis.
  5. ASCO Post: Influence of the 'Mark Cuban Effect' on Cancer Drug Prices in the United States: Focus on CML.

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