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Last Updated: December 22, 2024

TASIMELTEON - Generic Drug Details


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

Tasimelteon is the generic ingredient in three branded drugs marketed by Vanda Pharms Inc, Apotex, MSN, and Teva Pharms Usa Inc, and is included in five NDAs. There are thirty-one patents protecting this compound and two Paragraph IV challenges. Additional information is available in the individual branded drug profile pages.

Tasimelteon has one hundred and ninety-eight patent family members in twenty-four countries.

There are three drug master file entries for tasimelteon. Four suppliers are listed for this compound.

Drug Prices for TASIMELTEON

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Recent Clinical Trials for TASIMELTEON

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

SponsorPhase
Saint-Joseph UniversityPhase 3
Vanda PharmaceuticalsPhase 2
Vanda PharmaceuticalsPhase 4

See all TASIMELTEON clinical trials

Pharmacology for TASIMELTEON
Anatomical Therapeutic Chemical (ATC) Classes for TASIMELTEON
Paragraph IV (Patent) Challenges for TASIMELTEON
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
HETLIOZ LQ Oral Suspension tasimelteon 4 mg/mL 214517 1 2024-04-01
HETLIOZ Capsules tasimelteon 20 mg 205677 3 2018-01-31

US Patents and Regulatory Information for TASIMELTEON

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Vanda Pharms Inc HETLIOZ LQ tasimelteon SUSPENSION;ORAL 214517-001 Dec 1, 2020 RX Yes Yes 10,829,465 ⤷  Subscribe Y Y ⤷  Subscribe
Vanda Pharms Inc HETLIOZ LQ tasimelteon SUSPENSION;ORAL 214517-001 Dec 1, 2020 RX Yes Yes 11,850,229 ⤷  Subscribe ⤷  Subscribe
Vanda Pharms Inc HETLIOZ LQ tasimelteon SUSPENSION;ORAL 214517-001 Dec 1, 2020 RX Yes Yes 11,285,129 ⤷  Subscribe ⤷  Subscribe
Vanda Pharms Inc HETLIOZ tasimelteon CAPSULE;ORAL 205677-001 Jan 31, 2014 AB RX Yes Yes 10,149,829 ⤷  Subscribe ⤷  Subscribe
Vanda Pharms Inc HETLIOZ tasimelteon CAPSULE;ORAL 205677-001 Jan 31, 2014 AB RX Yes Yes 11,633,377 ⤷  Subscribe ⤷  Subscribe
Vanda Pharms Inc HETLIOZ tasimelteon CAPSULE;ORAL 205677-001 Jan 31, 2014 AB RX Yes Yes 11,566,011 ⤷  Subscribe Y Y ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >TE >Type >RLD >RS >Patent No. >Patent Expiration >Product >Substance >Delist Req. >Exclusivity Expiration

EU/EMA Drug Approvals for TASIMELTEON

Company Drugname Inn Product Number / Indication Status Generic Biosimilar Orphan Marketing Authorisation Marketing Refusal
Vanda Pharmaceuticals Netherlands B.V. Hetlioz tasimelteon EMEA/H/C/003870
Hetlioz is indicated for the treatment of Non-24-Hour Sleep-Wake Disorder (Non-24) in totally blind adults.,
Authorised no no yes 2015-07-03
>Company >Drugname >Inn >Product Number / Indication >Status >Generic >Biosimilar >Orphan >Marketing Authorisation >Marketing Refusal

TASIMELTEON Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Tasimelteon

Introduction

Tasimelteon, marketed under the brand name HETLIOZ®, is a circadian regulator developed by Vanda Pharmaceuticals Inc. for the treatment of Non-24-Hour Sleep-Wake Disorder (Non-24) in totally blind individuals. Here, we will delve into the market dynamics and financial trajectory of tasimelteon, highlighting its performance, challenges, and future outlook.

Market Need and Target Population

Tasimelteon addresses a specific and significant medical need for individuals with Non-24, a condition prevalent among the totally blind population. This disorder disrupts the body's natural sleep-wake cycle, leading to severe sleep disturbances and related health issues. The orphan drug designation for tasimelteon provides potential financial and regulatory incentives, including tax credits and waiver of FDA user fees, which can be beneficial for its commercialization[3].

Commercial Performance

Historical Sales

In the fourth quarter of 2020, HETLIOZ® net product sales were $44.2 million, representing a 14% increase compared to $38.6 million in the fourth quarter of 2019. For the full year 2020, HETLIOZ® sales reached $160.7 million, a 12% increase from $143.0 million in 2019. This growth indicated strong market acceptance and increasing demand for the drug[1].

Recent Trends

However, the financial performance of HETLIOZ® has faced challenges in recent years. In 2023, the net product sales for HETLIOZ® decreased by 4% to $90.9 million compared to $94.7 million in 2022. This decline is primarily attributed to generic competition, which has impacted the drug's revenue streams significantly[2].

Competitive Landscape

Generic Competition

The introduction of generic versions of tasimelteon has significantly impacted its sales. The 30% decrease in Q4 sales year-over-year in 2023 highlights the competitive pressure from generics. This competition not only affects the revenue but also poses a challenge for Vanda Pharmaceuticals to maintain market share and pricing power[2].

Market Positioning

Despite the competition, HETLIOZ® remains a unique treatment option for Non-24, with its specific mechanism of action as a potent agonist of the human MT1 and MT2 receptors. This differentiation helps in maintaining a loyal patient base and healthcare provider support, although it may not be enough to completely mitigate the effects of generic competition[4].

Financial Impact

Revenue and Profitability

The decline in HETLIOZ® sales has had a direct impact on Vanda Pharmaceuticals' overall revenue and profitability. The company reported a net income of $2.5 million for the full year 2023, down from $6.3 million in 2022. This contraction in profitability is a critical concern for investors and indicates the need for strategic adjustments to maintain financial health[2].

Cash Reserves and Liquidity

The acquisition of PONVORY® from Janssen for $100 million in 2023, while strategically important, has reduced Vanda Pharmaceuticals' cash reserves. As of December 31, 2023, the company's cash, cash equivalents, and marketable securities decreased by $78.6 million compared to the previous year. This reduction raises questions about the company's liquidity and financial resilience, especially in the face of ongoing patent litigation uncertainties[2].

Regulatory and Intellectual Property

Patent Litigation

The ongoing patent litigation surrounding HETLIOZ® is a significant risk factor for Vanda Pharmaceuticals. The outcome of these litigations can impact the drug's market exclusivity and, consequently, its revenue streams. The lack of 2024 financial guidance due to these uncertainties adds to the volatility in the company's financial trajectory[2].

Regulatory Approvals

Vanda Pharmaceuticals' ability to maintain and expand regulatory approvals is crucial for the continued commercial success of HETLIOZ®. The company must navigate regulatory challenges and ensure compliance with FDA requirements to sustain its market position[3].

Future Outlook

Strategic Acquisitions and Diversification

The acquisition of PONVORY® is part of Vanda Pharmaceuticals' strategy to diversify its product portfolio and mitigate the risks associated with reliance on a single product. This move could help stabilize revenue and provide growth opportunities in the future[2].

Clinical Development

Vanda Pharmaceuticals is also investing in the clinical development of other products, including tradipitant and VQW-765. These pipeline products hold potential for treating various conditions and could contribute to the company's future revenue growth[3].

Market Awareness and Acceptance

Increasing market awareness of Non-24 and the benefits of HETLIOZ® remains a key strategy for Vanda Pharmaceuticals. Efforts to educate healthcare providers and patients about the condition and the drug's efficacy are essential for maintaining and expanding its market share[3].

Key Takeaways

  • Sales Performance: HETLIOZ® has shown strong sales growth in the past but faces current challenges due to generic competition.
  • Financial Impact: The decline in sales has affected Vanda Pharmaceuticals' revenue and profitability.
  • Regulatory and Intellectual Property: Ongoing patent litigation and regulatory compliance are critical factors influencing the drug's market exclusivity and revenue.
  • Future Outlook: Strategic acquisitions, diversification, and clinical development of new products are key to the company's future growth.

FAQs

What is tasimelteon used for?

Tasimelteon, marketed as HETLIOZ®, is used for the treatment of Non-24-Hour Sleep-Wake Disorder (Non-24) in totally blind individuals.

How has the sales performance of HETLIOZ® been in recent years?

In recent years, HETLIOZ® sales have faced a decline due to generic competition, with a 4% decrease in full-year 2023 sales compared to 2022.

What are the main challenges facing HETLIOZ® in the market?

The main challenges include generic competition, ongoing patent litigation, and the need to maintain regulatory approvals.

How is Vanda Pharmaceuticals addressing the decline in HETLIOZ® sales?

Vanda Pharmaceuticals is diversifying its product portfolio through strategic acquisitions, such as the acquisition of PONVORY®, and investing in the clinical development of new products.

What is the impact of generic competition on Vanda Pharmaceuticals' financial health?

Generic competition has led to a decline in revenue and profitability for Vanda Pharmaceuticals, raising concerns about the company's liquidity and financial resilience.

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