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Last Updated: December 22, 2024

METFORMIN HYDROCHLORIDE - Generic Drug Details


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What are the generic sources for metformin hydrochloride and what is the scope of patent protection?

Metformin hydrochloride is the generic ingredient in twenty-one branded drugs marketed by Sun Pharm, Saptalis Pharms, Vistapharm, Ranbaxy, Andrx Labs Llc, Emd Serono Inc, Santarus Inc, Actavis Elizabeth, Actavis Labs Fl Inc, Ajanta Pharma Ltd, Alignscience Pharma, Alkem Labs Ltd, Amneal Pharms Ny, Apotex, Aurobindo Pharma, Aurobindo Pharma Ltd, Barr, Beximco Pharms Usa, Cspc Ouyi, Glenmark Pharms Ltd, Granules, Harman Finochem, Impax Labs, Intellipharmaceutics, Inventia, Ivax Sub Teva Pharms, Laurus, Lupin Ltd, Macleods Pharms Ltd, Marksans Pharma, Micro Labs, Mylan Pharms Inc, Norvium Bioscience, Nostrum Labs Inc, Nostrum Pharms Llc, Novast Labs, Prinston Inc, Qingdao Baheal Pharm, Ranbaxy Labs Ltd, Rk Pharma, Sandoz, Sciegen Pharms Inc, Sun Pharm Inds (in), Sun Pharm Industries, Teva, Torrent, Torrent Pharms Ltd, Twi Pharms, Unichem, Utopic Pharms, Watson Labs Inc, Yichang Humanwell, Zydus Lifesciences, Alkem, Atlas Pharms Llc, Aurobindo, Chartwell, Dr Reddys Labs Inc, Epic Pharma Llc, Granules India, Heritage Pharma, Indicus Pharma, Ipca Labs Ltd, Mylan, Provident Pharm, Sun Pharm Inds Inc, Sunshine, Torrent Pharms, Watson Labs, Watson Labs Florida, Zydus Hlthcare, Zydus Pharms Usa, Takeda Pharms Usa, Chartwell Rx, Teva Pharms Usa, Novo Nordisk Inc, Sb Pharmco, Astrazeneca Ab, Dr Reddys Labs Sa, and Msd Sub Merck, and is included in one hundred and twenty-eight NDAs. There are ten patents protecting this compound and two Paragraph IV challenges. Additional information is available in the individual branded drug profile pages.

Metformin hydrochloride has fifty-five patent family members in sixteen countries.

There are forty-three drug master file entries for metformin hydrochloride. Eighty-eight suppliers are listed for this compound. There are four tentative approvals for this compound.

Summary for METFORMIN HYDROCHLORIDE
Recent Clinical Trials for METFORMIN HYDROCHLORIDE

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

SponsorPhase
Arthritis FoundationPhase 2
United States Department of DefensePhase 1
James WangPhase 1

See all METFORMIN HYDROCHLORIDE clinical trials

Generic filers with tentative approvals for METFORMIN HYDROCHLORIDE
Applicant Application No. Strength Dosage Form
⤷  Subscribe⤷  Subscribe500MGTABLET, EXTENDED RELEASE;ORAL
⤷  Subscribe⤷  Subscribe1GM; EQ 100MG BASETABLET, EXTENDED RELEASE;ORAL
⤷  Subscribe⤷  Subscribe1GM; EQ 50MG BASETABLET, EXTENDED RELEASE;ORAL

The 'tentative' approval signifies that the product meets all FDA standards for marketing, and, but for the patents / regulatory protections, it would approved.

Pharmacology for METFORMIN HYDROCHLORIDE
Drug ClassBiguanide
Medical Subject Heading (MeSH) Categories for METFORMIN HYDROCHLORIDE
Anatomical Therapeutic Chemical (ATC) Classes for METFORMIN HYDROCHLORIDE
Paragraph IV (Patent) Challenges for METFORMIN HYDROCHLORIDE
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
RIOMET Oral Solution metformin hydrochloride 500 mg/5 mL 021591 1 2018-02-02
GLUMETZA Extended-release Tablets metformin hydrochloride 500 mg and 1000 mg 021748 1 2009-07-27
FORTAMET Extended-release Tablets metformin hydrochloride 500 mg and 1000 mg 021574 1 2008-10-14

US Patents and Regulatory Information for METFORMIN HYDROCHLORIDE

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Teva METFORMIN HYDROCHLORIDE metformin hydrochloride TABLET;ORAL 076328-003 Dec 16, 2002 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Apotex METFORMIN HYDROCHLORIDE metformin hydrochloride TABLET;ORAL 090666-003 Dec 7, 2011 AB RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Msd Sub Merck JANUMET metformin hydrochloride; sitagliptin phosphate TABLET;ORAL 022044-001 Mar 30, 2007 RX Yes No ⤷  Subscribe ⤷  Subscribe Y ⤷  Subscribe
Ivax Sub Teva Pharms METFORMIN HYDROCHLORIDE metformin hydrochloride TABLET;ORAL 075975-001 Jan 24, 2002 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Actavis Labs Fl Inc METFORMIN HYDROCHLORIDE metformin hydrochloride TABLET, EXTENDED RELEASE;ORAL 203755-001 Aug 1, 2016 AB3 RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Chartwell METFORMIN HYDROCHLORIDE metformin hydrochloride TABLET;ORAL 075972-003 Jan 24, 2002 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 METFORMIN HYDROCHLORIDE

Applicant Tradename Generic Name Dosage NDA Approval Date Patent No. Patent Expiration
Santarus Inc GLUMETZA metformin hydrochloride TABLET, EXTENDED RELEASE;ORAL 021748-001 Jun 3, 2005 ⤷  Subscribe ⤷  Subscribe
Andrx Labs Llc FORTAMET metformin hydrochloride TABLET, EXTENDED RELEASE;ORAL 021574-001 Apr 27, 2004 ⤷  Subscribe ⤷  Subscribe
Emd Serono Inc GLUCOPHAGE XR metformin hydrochloride TABLET, EXTENDED RELEASE;ORAL 021202-004 Apr 11, 2003 ⤷  Subscribe ⤷  Subscribe
Santarus Inc GLUMETZA metformin hydrochloride TABLET, EXTENDED RELEASE;ORAL 021748-002 Jun 3, 2005 ⤷  Subscribe ⤷  Subscribe
Santarus Inc GLUMETZA metformin hydrochloride TABLET, EXTENDED RELEASE;ORAL 021748-001 Jun 3, 2005 ⤷  Subscribe ⤷  Subscribe
Emd Serono Inc GLUCOPHAGE XR metformin hydrochloride TABLET, EXTENDED RELEASE;ORAL 021202-001 Oct 13, 2000 ⤷  Subscribe ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >Patent No. >Patent Expiration

International Patents for METFORMIN HYDROCHLORIDE

Country Patent Number Title Estimated Expiration
World Intellectual Property Organization (WIPO) 2016016845 ⤷  Subscribe
World Intellectual Property Organization (WIPO) 2017182852 ⤷  Subscribe
Australia 2003211146 CONTROLLED RELEASE DOSAGE FORMS ⤷  Subscribe
Japan 2005526043 ⤷  Subscribe
Brazil 112017001968 ⤷  Subscribe
Mexico PA04008100 FORMULACIONES DE LIBERACION MODIFICADA DE AL MENOS UNA FORMA DE TRAMADOL. (MODIFIED RELEASE FORMULATIONS OF AT LEAST ONE FORM OF TRAMADOL.) ⤷  Subscribe
>Country >Patent Number >Title >Estimated Expiration

Supplementary Protection Certificates for METFORMIN HYDROCHLORIDE

Patent Number Supplementary Protection Certificate SPC Country SPC Expiration SPC Description
1506211 122014000070 Germany ⤷  Subscribe PRODUCT NAME: KOMBINATION VON DAPAGLIFLOZIN ODER EINEM PHARMAZEUTISCH VERTRAEGLICHEN SALZ DAVON UND METFORMIN ODER EINEM PHARMAZEUTISCH VERTRAEGLICHEN SALZ DAVON, WIE DURCH DAS GRUNDPATENT GESCHUETZT; REGISTRATION NO/DATE: EU/1/13/900 20140116
1506211 PA2014026 Lithuania ⤷  Subscribe PRODUCT NAME: DAPAGLIFOZINUM + METFORMINUM; REGISTRATION NO/DATE: EU/1/13/900 20140116
1412357 PA2008013,C1412357 Lithuania ⤷  Subscribe PRODUCT NAME: SITAGLIPTINUM PHOSPHAS MONOHYDRICUS, METFORMINI HYDROCHLORIDUM; REGISTRATION NO/DATE: EU/1/08/455/001 - EU/1/08/455/014 20080716
1261586 12C0028 France ⤷  Subscribe PRODUCT NAME: ASSOCIATION COMPRENANT LA SAXAGLIPTINE OU UN DE SES SELS ET LA METFORMINE OU UN DE SES SELS, Y COMPRIS L'ASSOCIATION CHLORHYDRATE DE SAXAGLIPTINE ET CHLORHYDRATE DE METFORMINE; REGISTRATION NO/DATE: EU/1/11/731/001 20111124
1506211 C300677 Netherlands ⤷  Subscribe PRODUCT NAME: COMBINATIE VAN DAPAGLIFLOZINE OF EEN FARMACEUTISCH AANVAARDBAAR ZOUT DAARVAN EN METFORMINE OF EEN FARMACEITISCH AANVAARDBAAR ZOUT DAARVAN, ZOALS BESCHERMD DOOR HET BASISOCTROOI EP 1506211B1; REGISTRATION NO/DATE: EU/1/13/900 20140121
2498758 PA2020003 Lithuania ⤷  Subscribe PRODUCT NAME: METFORMINAS ARBA FARMACINIU POZIURIU PRIIMTINA JO DRUSKA; SAKSAGLIPTINAS ARBA FARMACINIU POZIURIU PRIIMTINA JO DRUSKA; DAPAGLIFLOZINAS ARBA FARMACINIU POZIURIU PRIIMTINAS JO SOLVATAS; REGISTRATION NO/DATE: EU/1/19/1401 20191111
>Patent Number >Supplementary Protection Certificate >SPC Country >SPC Expiration >SPC Description

METFORMIN HYDROCHLORIDE Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Metformin Hydrochloride

Market Overview

Metformin hydrochloride, a widely used medication for managing type 2 diabetes, is experiencing significant growth in the global market. Here are the key dynamics and financial projections for this drug.

Market Size and Forecast

As of 2022, the global metformin hydrochloride market was valued at approximately USD 268.95 million. It is projected to grow to USD 386.91 million by 2030, with a compound annual growth rate (CAGR) of 4.7% during the forecast period of 2023-2030[1].

Growth Drivers

Increasing Prevalence of Diabetes

The rising prevalence of type 2 diabetes globally is a major driver for the metformin hydrochloride market. Regions like Asia-Pacific, particularly China and India, are seeing a significant increase in diabetes cases, with over 140 million people in China and 135 million people in India diagnosed with diabetes or prediabetes as of 2021[1].

Geriatric Population

The growing geriatric population is another key factor. Older adults are more likely to develop type 2 diabetes, and this demographic shift is expected to drive the demand for metformin hydrochloride[4].

Technological Advancements and Healthcare Infrastructure

Improvements in healthcare infrastructure and the adoption of advanced medical technologies, including rapid testing and point-of-care diagnosis, are also fueling market growth. Increased investments in the pharmaceutical sector and advancements in drug discovery are further boosting the market[2].

Market Segmentation

By Type

The metformin hydrochloride market is segmented into different types, including Metformin HCL, Metformin DC, and others. Each type has its own market dynamics and growth prospects[2].

By Application

The market is also segmented by application, with key segments including Metformin Hydrochloride Tablets and Metformin Hydrochloride Extended-Release Tablets. The extended-release formulation, approved in 2000, has reduced gastrointestinal side effects and is gaining popularity[2][5].

By Distribution Channel

The distribution channels for metformin hydrochloride include various retail and hospital pharmacies, online platforms, and others. The accessibility and availability of the drug through these channels are crucial for market growth[1].

By Region

Geographically, the Asia-Pacific region is expected to lead the market during the forecast period due to the high prevalence of type 2 diabetes in this region. North America and Europe are also significant markets, driven by the increasing demand for the drug and the growing geriatric population[1][4].

Challenges and Restraints

High Healthcare Costs

One of the major challenges facing the metformin hydrochloride market is the surging cost of healthcare. The cost of healthcare has increased significantly over the years, from USD 353 per individual in 1970 to USD 12,900 in 2021, making it inaccessible to many, especially in underdeveloped countries[1].

Side Effects

Side effects associated with metformin hydrochloride, such as gastrointestinal issues and the risk of lactic acidosis in patients with renal impairment, are also a restraint. However, these risks are generally managed through proper prescribing practices and patient monitoring[4][5].

Impact of COVID-19

The COVID-19 pandemic has had a mixed impact on the metformin hydrochloride market. On one hand, there has been an increased focus on healthcare and pharmaceuticals, which has driven some growth. On the other hand, disruptions in supply chains and healthcare services have posed challenges. Interestingly, a study by Lancet suggested a 40% risk reduction of long-term COVID-19 complications in patients taking metformin, which could provide new growth avenues for the market[1].

Key Players

The market is dominated by several key players, including Shouguang Fukang Pharmaceutical, CR Double-Crane, Wanbury, Keyuan Pharmaceutical, Aarti Drugs, Farmhispania Group, Harman Finochem, Exemed Pharmaceuticals, Vistin Pharma, and USV, among others. These companies are investing in research and development and launching new products to capture market share[1].

Financial Projections

The financial trajectory of the metformin hydrochloride market is positive, with a projected growth from USD 268.95 million in 2022 to USD 386.91 million by 2030. This growth is driven by increasing demand, technological advancements, and expanding healthcare infrastructure[1].

Regional Outlook

  • Asia-Pacific: Expected to lead the market due to the high prevalence of type 2 diabetes and a large patient pool.
  • North America: Expected to dominate the metformin hydrochloride tablets market, driven by the growing number of patients with type 2 diabetes and a rising geriatric population.
  • Europe: Anticipated to hold the second-largest market share, driven by an increasing geriatric population and various product launches by key players[1][4].

Key Takeaways

  • The global metformin hydrochloride market is expected to grow significantly, driven by the increasing prevalence of type 2 diabetes and a growing geriatric population.
  • Asia-Pacific is expected to lead the market, while North America and Europe will also be significant contributors.
  • High healthcare costs and side effects associated with the drug are key challenges.
  • The COVID-19 pandemic has introduced new potential benefits for metformin hydrochloride, such as reduced risk of long-term COVID-19 complications.

FAQs

Q: What is the projected market size of metformin hydrochloride by 2030?

A: The global metformin hydrochloride market is projected to grow to around USD 386.91 million by 2030[1].

Q: What is the CAGR of the metformin hydrochloride market from 2023 to 2030?

A: The CAGR is expected to be around 4.7% during the forecast period[1].

Q: Which region is expected to lead the metformin hydrochloride market?

A: The Asia-Pacific region is expected to lead the market due to the high prevalence of type 2 diabetes[1].

Q: What are the major drivers of the metformin hydrochloride market?

A: The major drivers include the increasing prevalence of type 2 diabetes, growing geriatric population, and advancements in healthcare infrastructure[1][4].

Q: What are the key challenges facing the metformin hydrochloride market?

A: High healthcare costs and side effects associated with the drug are significant challenges[1][4].

Sources:

  1. Zion Market Research, Metformin Hydrochloride Market Size, Share and Forecast 2030.
  2. BioSpace, Metformin Hydrochloride Market Analysis, Industry Size, Share Leaders, Current Status by Major Key vendors and Trends by Forecast to 2027.
  3. Market Research Intellect, Global Metformin Hydrochloride Consumption Market Size and Forecast.
  4. Fortune Business Insights, Metformin Hydrochloride Tablets Market Size, Industry Share.
  5. Aston Research Explorer, Metformin: historical overview.

More… ↓

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