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Last Updated: December 22, 2024

SIMVASTATIN; SITAGLIPTIN PHOSPHATE - Generic Drug Details


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What are the generic sources for simvastatin; sitagliptin phosphate and what is the scope of patent protection?

Simvastatin; sitagliptin phosphate is the generic ingredient in one branded drug marketed by Merck Sharp Dohme and is included in one NDA. There is one patent protecting this compound and three Paragraph IV challenges. Additional information is available in the individual branded drug profile pages.

Simvastatin; sitagliptin phosphate has fifty-two patent family members in forty countries.

Summary for SIMVASTATIN; SITAGLIPTIN PHOSPHATE
DrugPatentWatch® Estimated Loss of Exclusivity (LOE) Date for SIMVASTATIN; SITAGLIPTIN PHOSPHATE
Generic Entry Date for SIMVASTATIN; SITAGLIPTIN PHOSPHATE*:
Constraining patent/regulatory exclusivity:
Dosage:
TABLET;ORAL

*The generic entry opportunity date is the latter of the last compound-claiming patent and the last regulatory exclusivity protection. Many factors can influence early or later generic entry. This date is provided as a rough estimate of generic entry potential and should not be used as an independent source.

Paragraph IV (Patent) Challenges for SIMVASTATIN; SITAGLIPTIN PHOSPHATE
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
JUVISYNC Tablets simvastatin; sitagliptin phosphate 50 mg/10 mg 50 mg/20 mg 50 mg/40 mg 202343 1 2012-11-06
JUVISYNC Tablets simvastatin; sitagliptin phosphate 100 mg/20 mg 202343 1 2012-06-25
JUVISYNC Tablets simvastatin; sitagliptin phosphate 100 mg/10 mg and 100 mg/40 mg 202343 1 2012-06-19

US Patents and Regulatory Information for SIMVASTATIN; SITAGLIPTIN PHOSPHATE

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Merck Sharp Dohme JUVISYNC simvastatin; sitagliptin phosphate TABLET;ORAL 202343-002 Oct 7, 2011 DISCN Yes No 7,326,708*PED ⤷  Subscribe Y ⤷  Subscribe
Merck Sharp Dohme JUVISYNC simvastatin; sitagliptin phosphate TABLET;ORAL 202343-006 Sep 18, 2012 DISCN Yes No 7,326,708*PED ⤷  Subscribe Y ⤷  Subscribe
Merck Sharp Dohme JUVISYNC simvastatin; sitagliptin phosphate TABLET;ORAL 202343-004 Sep 18, 2012 DISCN Yes No 7,326,708*PED ⤷  Subscribe Y ⤷  Subscribe
Merck Sharp Dohme JUVISYNC simvastatin; sitagliptin phosphate TABLET;ORAL 202343-005 Sep 18, 2012 DISCN Yes No 7,326,708*PED ⤷  Subscribe Y ⤷  Subscribe
Merck Sharp Dohme JUVISYNC simvastatin; sitagliptin phosphate TABLET;ORAL 202343-003 Oct 7, 2011 DISCN Yes No 7,326,708*PED ⤷  Subscribe Y ⤷  Subscribe
Merck Sharp Dohme JUVISYNC simvastatin; sitagliptin phosphate TABLET;ORAL 202343-001 Oct 7, 2011 DISCN Yes No 7,326,708*PED ⤷  Subscribe Y ⤷  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 SIMVASTATIN; SITAGLIPTIN PHOSPHATE

International Patents for SIMVASTATIN; SITAGLIPTIN PHOSPHATE

Country Patent Number Title Estimated Expiration
Cyprus 1106936 ⤷  Subscribe
South Africa 200509933 Phosphoric acid salt of a dipeptidyl peptidase-IV inhibitor ⤷  Subscribe
Costa Rica 8117 SAL DE ACIDO FOSFORICO DE UN INHIBIDOR DE LA DIPEPTIDIL PEPTIDASA-IV ⤷  Subscribe
Australia 2004253889 Phosphoric acid salt of a dipeptidyl peptidase-IV inhibitor ⤷  Subscribe
Dominican Republic P2004000941 SAL DE ACIDO FOSFORICO DE UN INHIBIDOR DE LA DIPEPTIDIL PEPTIDASA-IV ⤷  Subscribe
Colombia 5660266 SAL DE ACIDO FOSFORICO DE UN INHIBIDOR DE LA DIPEPTIDIL PEPTIDASA-IV ⤷  Subscribe
South Korea 20060026061 PHOSPHORIC ACID SALT OF A DIPEPTIDYL-PEPTIDASE-IV INHIBITOR ⤷  Subscribe
>Country >Patent Number >Title >Estimated Expiration

Supplementary Protection Certificates for SIMVASTATIN; SITAGLIPTIN PHOSPHATE

Patent Number Supplementary Protection Certificate SPC Country SPC Expiration SPC Description
0720599 SPC/GB05/010 United Kingdom ⤷  Subscribe PRODUCT NAME: EZETIMIBE OR A PHARMACEUTICALLY ACCEPTABLE SALT THEREOF IN COMBINATION WITH SIMVASTATIN; REGISTERED: DE 58874.00.00 20040402; DE 58874.01.00 20040402; DE 58874.02.00 20040402; DE 58874.03.00 20040402; DE 58878.00.00 20040402; DE 58878.01.00 20040402; DE 58878.02.00 20040402; DE 58878.03.00 20040402; DE 58866.00.00 20040402; DE 58866.01.00 20040402; DE 58866.02.00 20040402; DE 58866.03.00 20040402; DE 58870.00.00 20040402; DE 58870.01.00 20040402; DE 58870.02.00 20040402; DE 58870.03.00 20040402; UK PL 19945/0003 20041118; UK PL 19945/0004 20041118; UK PL 19945/0005 20041118; UK PL 19945/0006 20041118; UK PL 19945/0007 20041118; UK PL 19945/0008 20041118; UK PL 19945/0009 200411
0720599 122004000026 Germany ⤷  Subscribe PRODUCT NAME: EZETIMIB ODER PHARMAZEUTISCH ANNEHMBARE SALZE DAVON IN KOMBINATION MIT SIMVASTATIN; NAT. REGISTRATION NO/DATE: 58866.00.00 58866.01.00 58866.02.00 58866.03.00 58870.00.00 58870.01.00 58870.02.00 58870.03.00 58874.00.00 58874.01.00 58874.02.00 58874.03.00 58878.00.00 58878.01.00 58878.02.00 58878.03.00 20040402 FIRST REGISTRATION: DE 58866.00.00 - 58866.03.00 58870.00.00 - 58870.03.00 58874.00.00 - 58874.03.00 58878.00.00 - 58878.03.00 20040402
0720599 26/2005 Austria ⤷  Subscribe PRODUCT NAME: EZETIMIB ODER EIN PHARMAZEUTISCH ANNEHMBARES SALZ DAVON KOMBINIERT MIT SIMVASTATIN; NAT. REGISTRATION NO/DATE: 1-25673 - 1-25676 20041228; FIRST REGISTRATION: DE 58874.00.00 - 58874.03.00; 58878.00.00 - 20040402
>Patent Number >Supplementary Protection Certificate >SPC Country >SPC Expiration >SPC Description

SIMVASTATIN; SITAGLIPTIN PHOSPHATE Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Simvastatin and Sitagliptin Phosphate

Introduction to Simvastatin and Sitagliptin Phosphate

Simvastatin and sitagliptin phosphate are two widely used pharmaceuticals, each addressing different health concerns. Simvastatin is a statin used to lower cholesterol levels and prevent cardiovascular diseases, while sitagliptin phosphate is an antidiabetic medication used to manage type 2 diabetes.

Simvastatin Market Dynamics

Global Market Size and Growth Rate

The global Simvastatin drug market is projected to grow at a compound annual growth rate (CAGR) of 5.20% from 2023 to 2030. The market size was valued at USD XX billion in 2023 and is expected to expand significantly over the forecast period[1].

Regional Market Performance

  • North America: This region commands the largest market share, with approximately 40% of the global market. The high prevalence of lifestyle-related diseases such as hypercholesterolemia and cardiovascular disorders in the United States drives the demand for Simvastatin. Robust healthcare infrastructure and advanced diagnostic capabilities also contribute to its widespread use[1].
  • Asia Pacific: This region is the fastest-growing market for Simvastatin, with a CAGR of 6.6% from 2023 to 2030. Rising awareness about heart health, lifestyle changes, and improving healthcare infrastructure are key drivers of this growth. The adult demographic, particularly those susceptible to cardiovascular conditions, is the primary segment fueling this growth[1].

Market Challenges

The expiration of Simvastatin's patent has led to the entry of numerous generic versions into the market. While this benefits consumers by making the drug more affordable, it poses significant challenges for original manufacturers in terms of revenue. The increased competition reduces profit margins and intensifies pricing pressures, making it challenging for innovator companies to maintain market share and sustain substantial profits[1].

Sitagliptin Phosphate Market Dynamics

Global Market Size and Growth Rate

The Sitagliptin Phosphate API market is anticipated to experience robust growth, with the global Sitagliptin market projected to reach USD 60.09 billion by 2031, growing at a CAGR of 34.90% from 2024 to 2031[5].

Regional Market Performance

  • Asia Pacific: This region accounts for the most significant share of the global Sitagliptin market. The growing prevalence of type 2 diabetes in countries like China, India, and Japan, coupled with expanding healthcare infrastructure and rising awareness about diabetes management, drives the market growth in this region[5].

Market Drivers

The rapid expansion of the Sitagliptin market is primarily driven by the growing prevalence of type 2 diabetes, which leads to an increased demand for effective diabetes management solutions. Other key drivers include a growing focus on diabetes management, a favorable regulatory environment, and ongoing research and development efforts aimed at exploring novel uses and combination therapies for sitagliptin[5].

Market Opportunities

Emerging economies offer significant opportunities for growth, with rising healthcare expenditures, improving healthcare infrastructure, and increasing access to medications. Investigating new uses, combination therapies, and new formulations can drive innovation and further adoption of sitagliptin[5].

Financial Trajectory for Simvastatin

Revenue Projections

The global Simvastatin market is expected to grow steadily, driven by the ongoing demand for cholesterol management solutions. However, the financial trajectory is influenced by the competitive landscape, with generic versions impacting the revenue streams of original manufacturers. Despite this, the market is projected to maintain a CAGR of 5.20% from 2023 to 2030, indicating sustained growth albeit with reduced profit margins for innovator companies[1].

Regional Revenue Contributions

North America, being the largest market, contributes significantly to the overall revenue. The Asia Pacific region, with its rapid growth rate, is also expected to contribute substantially to the global revenue by 2030[1].

Financial Trajectory for Sitagliptin Phosphate

Revenue Projections

The Sitagliptin Phosphate API market is poised for significant financial growth, with the global market projected to reach USD 60.09 billion by 2031. This growth is driven by the increasing prevalence of type 2 diabetes and the growing demand for effective antidiabetic medications. The market's CAGR of 34.90% from 2024 to 2031 indicates a robust financial trajectory[5].

Regional Revenue Contributions

Asia Pacific is the leading region in terms of revenue contribution, driven by the high prevalence of type 2 diabetes and the expanding healthcare infrastructure in countries like China, India, and Japan[5].

Competitive Landscape

Simvastatin

The competitive landscape for Simvastatin is highly competitive due to the presence of multiple generic versions. This competition reduces the market share and profit margins of original manufacturers, making it challenging to sustain substantial profits. However, the ongoing demand for cholesterol management solutions ensures a steady market presence[1].

Sitagliptin Phosphate

The Sitagliptin Phosphate market benefits from a favorable competitive landscape, driven by the growing demand for antidiabetic medications. The market's robust growth rate and the absence of significant generic competition during the forecast period contribute to its attractive financial trajectory. Ongoing research and development efforts also enhance the market's competitive position[5].

Key Takeaways

  • Simvastatin Market: Expected to grow at a CAGR of 5.20% from 2023 to 2030, driven by demand for cholesterol management solutions, despite challenges from generic versions.
  • Sitagliptin Phosphate Market: Projected to grow at a CAGR of 34.90% from 2024 to 2031, driven by the increasing prevalence of type 2 diabetes and favorable market conditions.
  • Regional Performance: North America and Asia Pacific are key regions for both markets, with Asia Pacific showing the most significant growth for both Simvastatin and Sitagliptin Phosphate.
  • Market Drivers and Challenges: Simvastatin faces challenges from generic competition, while Sitagliptin Phosphate benefits from growing demand for diabetes management solutions.

FAQs

Q: What is the projected CAGR for the global Simvastatin market from 2023 to 2030?

A: The global Simvastatin market is projected to grow at a CAGR of 5.20% from 2023 to 2030[1].

Q: Which region is the fastest-growing market for Simvastatin?

A: The Asia Pacific region is the fastest-growing market for Simvastatin, with a CAGR of 6.6% from 2023 to 2030[1].

Q: What drives the growth of the Sitagliptin Phosphate market?

A: The growth of the Sitagliptin Phosphate market is driven by the increasing prevalence of type 2 diabetes, a growing focus on diabetes management, and a favorable regulatory environment[5].

Q: What is the projected market size for Sitagliptin Phosphate by 2031?

A: The global Sitagliptin market is projected to reach USD 60.09 billion by 2031, growing at a CAGR of 34.90% from 2024 to 2031[5].

Q: How does the competitive landscape affect the financial trajectory of Simvastatin and Sitagliptin Phosphate?

A: The competitive landscape for Simvastatin is highly competitive due to generic versions, reducing profit margins. In contrast, the Sitagliptin Phosphate market benefits from a favorable competitive landscape with significant growth potential[1][5].

Sources

  1. Cognitive Market Research, "Simvastatin Drug Market Report 2024 (Global Edition)".
  2. Market Research Intellect, "Sitagliptin Phosphate API Market Size, Scope And Forecast Report".
  3. ACE Sphere, "Announcement: MAYANK VERMA - ACE SPHERE".
  4. Market Research Intellect, "Ezetimibe and Simvastatin Sales Market Size, Scope And Forecast Report".
  5. Verified Market Research, "Sitagliptin Market Size, Share, Scope, Trends, Analysis & Forecast".

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