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Last Updated: December 27, 2024

PHENYLEPHRINE HYDROCHLORIDE Drug Patent Profile


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Which patents cover Phenylephrine Hydrochloride, and when can generic versions of Phenylephrine Hydrochloride launch?

Phenylephrine Hydrochloride is a drug marketed by Alcon, Caplin, Mankind Pharma, Paragon Bioteck, Accord Hlthcare, Amneal, Aspiro, Avet Lifesciences, Be Pharms, Endo Operations, Eugia Pharma, Fresenius Kabi Usa, Gland Pharma Ltd, Hainan Poly, Hikma, Meitheal, Provepharm Sas, Sagent Pharms Inc, Sandoz, and Genus. and is included in twenty-eight NDAs. There is one patent protecting this drug.

This drug has one patent family member in one country.

The generic ingredient in PHENYLEPHRINE HYDROCHLORIDE is phenylephrine hydrochloride; promethazine hydrochloride. There are twenty-one drug master file entries for this compound. Three suppliers are listed for this compound. Additional details are available on the phenylephrine hydrochloride; promethazine hydrochloride profile page.

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Summary for PHENYLEPHRINE HYDROCHLORIDE
Drug patent expirations by year for PHENYLEPHRINE HYDROCHLORIDE
Recent Clinical Trials for PHENYLEPHRINE HYDROCHLORIDE

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

SponsorPhase
University of AarhusPhase 2/Phase 3
Jason ChuiPhase 4
University of MiamiPhase 4

See all PHENYLEPHRINE HYDROCHLORIDE clinical trials

Pharmacology for PHENYLEPHRINE HYDROCHLORIDE
Medical Subject Heading (MeSH) Categories for PHENYLEPHRINE HYDROCHLORIDE

US Patents and Regulatory Information for PHENYLEPHRINE HYDROCHLORIDE

PHENYLEPHRINE HYDROCHLORIDE is protected by one US patents.

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Hikma PHENYLEPHRINE HYDROCHLORIDE phenylephrine hydrochloride SOLUTION;INTRAVENOUS 203826-002 Jun 19, 2019 RX Yes Yes ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Fresenius Kabi Usa PHENYLEPHRINE HYDROCHLORIDE phenylephrine hydrochloride SOLUTION;INTRAVENOUS 210666-001 Jan 30, 2019 AP1 RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Provepharm Sas PHENYLEPHRINE HYDROCHLORIDE phenylephrine hydrochloride SOLUTION;INTRAVENOUS 211081-001 Jul 17, 2020 AP1 RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Mankind Pharma PHENYLEPHRINE HYDROCHLORIDE phenylephrine hydrochloride SOLUTION;INTRAVENOUS 217069-003 Aug 30, 2022 AP1 RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Provepharm Sas PHENYLEPHRINE HYDROCHLORIDE phenylephrine hydrochloride SOLUTION;INTRAVENOUS 211081-002 Jul 17, 2020 AP1 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

International Patents for PHENYLEPHRINE HYDROCHLORIDE

See the table below for patents covering PHENYLEPHRINE HYDROCHLORIDE around the world.

Country Patent Number Title Estimated Expiration
World Intellectual Property Organization (WIPO) 2015073696 ⤷  Subscribe
>Country >Patent Number >Title >Estimated Expiration

Supplementary Protection Certificates for PHENYLEPHRINE HYDROCHLORIDE

Patent Number Supplementary Protection Certificate SPC Country SPC Expiration SPC Description
1534313 15C0090 France ⤷  Subscribe PRODUCT NAME: SOLUTION D'IRRIGATION OCULAIRE COMPRENANT DE LA PHENYLEPHRINE OU UN SEL PHARMACEUTIQUEMENT ACCEPTABLE DE CELLE-CI ET DU KETOROLAC OU UN SEL PHARMACEUTIQUEMENT ACCEPTABLE DE CELUI-CI; REGISTRATION NO/DATE: EU/1/15/1018 20150728
1534313 2015/071 Ireland ⤷  Subscribe PRODUCT NAME: AN OCULAR IRRIGATION SOLUTION COMPRISING PHENYLEPHRINE OR A PHARMACEUTICALLY ACCEPTABLE SALT THEREOF AND KETOROLAC OR A PHARMACEUTICALLY ACCEPTABLE SALT THEREOF; REGISTRATION NO/DATE: EU/1/15/1018 20150728
1534313 92923 Luxembourg ⤷  Subscribe PRODUCT NAME: UNE SOLUTION D'IRRIGATION OCULAIRE COMPRENANT DE LA PHENYLEPHRINE OU UN SEL PHARMACEUTIQUEMENT ACCEPTABLE DE CELLE-CI ET DU KETOROLAC OU UN SEL PHARMACEUTIQUEMENT ACCEPTABLE DE CELUI-CI; FIRST REGISTRATION: 20150730
>Patent Number >Supplementary Protection Certificate >SPC Country >SPC Expiration >SPC Description

PHENYLEPHRINE HYDROCHLORIDE Market Analysis and Financial Projection Experimental

Phenylephrine Hydrochloride Market Dynamics and Financial Trajectory

Market Overview

Phenylephrine hydrochloride is a widely used active pharmaceutical ingredient (API) in the pharmaceutical industry, particularly for its decongestant and vasoconstrictor properties. Here is a detailed look at the market dynamics and financial trajectory of this drug.

Market Size and Growth Projections

The phenylephrine hydrochloride market has been experiencing significant growth. As of 2023, the market size was valued at USD 0.9 billion and is expected to reach USD 1.5 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 5.8% from 2024 to 2031[1].

Another report indicates that the phenylephrine hydrochloride market size was valued at USD 777.6 million in 2022 and is anticipated to reach USD 1.6 billion by 2032, with a growth rate of 7.7% during the forecast period[4].

Key Drivers of Market Growth

Increasing Prevalence of Respiratory Ailments

The rising incidence of respiratory conditions such as allergies, sinusitis, and the common cold is a major driver of the phenylephrine hydrochloride market. These conditions necessitate the use of decongestant medications, which often contain phenylephrine hydrochloride[1][3][4].

Technological Advancements in Formulations

The adaptability of phenylephrine hydrochloride in various formulations, including nasal sprays, oral tablets, and ophthalmic solutions, contributes to its market growth. Technological advancements in pharmaceutical formulations have made it possible to develop more effective and convenient dosage forms[1][4].

Growing Pharmaceutical Industry

The expansion of the global pharmaceutical industry also plays a crucial role in the growth of the phenylephrine hydrochloride market. Increasing public awareness of effective remedies for cold and allergy symptoms further boosts demand[1][3].

Market Segmentation

Application Segments

The phenylephrine hydrochloride market is segmented based on applications such as nasal congestion, eye conditions, anesthesia, and cold & flu relief. The nasal congestion segment is particularly significant due to the high demand for decongestant medications[1].

Product Segments

The market is also segmented by product type, including oral tablets, injectable solutions, nasal sprays, and ophthalmic solutions. The oral segment dominates the market, with a significant market share[1][3].

Geographical Segments

Geographically, the market is divided into regions such as North America, Europe, Asia-Pacific, South America, and the Middle-East and Africa. North America holds a substantial market share, with the U.S. expected to exhibit a CAGR of 6.9% between 2024 and 2032[1][3].

Challenges and Pitfalls

Price Volatility and Shortages

The market faces challenges such as price volatility and shortages, particularly in the ophthalmic segment. Financial instability at generic companies and narrow profit margins can lead to abrupt cessation of operations, resulting in supply-demand mismatches and price increases[2].

Regulatory Factors

Regulatory actions, such as those by the FDA, can significantly impact the market. For instance, the FDA's approval of specific formulations can lead to market exclusivity, reducing competition and driving up prices[2].

Profit Margins

Generic drug manufacturers face low profit margins, averaging around 5%, compared to the higher margins of brand-name drug manufacturers. This can lead to reduced competition and increased prices as smaller companies exit the market[2].

Competitive Landscape

The competitive landscape of the phenylephrine hydrochloride market is characterized by the presence of established pharmaceutical companies. These companies engage in strategic initiatives such as collaborations, product launches, investments, and partnerships to strengthen their product portfolios and address the rising demand for phenylephrine-based drugs[1][3].

Distribution Channels

The market is segmented by distribution channels, including hospital pharmacies, drug stores & retail pharmacies, and online pharmacies. Drug stores & retail pharmacies are expected to exhibit a significant CAGR during the forecast period[3].

Clinical and Economic Impact

The availability and pricing of phenylephrine hydrochloride have clinical consequences, particularly in ophthalmic practices. The lack of easy and inexpensive access to phenylephrine can affect cataract surgeries and other ophthalmic procedures, highlighting the need for stable and affordable supply chains[2].

"The thing that is disheartening for us is that we have been using this drug for years," Dr. Tsai said. "Every institution that I have talked to has stated they are not likely to use very much of the new, costly medication."[2]

Key Takeaways

  • The phenylephrine hydrochloride market is expected to grow significantly, driven by the increasing prevalence of respiratory ailments and advancements in pharmaceutical formulations.
  • The market is segmented by application, product type, and geographical regions, with North America holding a substantial market share.
  • Challenges such as price volatility, shortages, and regulatory factors impact the market dynamics.
  • Established pharmaceutical companies dominate the competitive landscape, engaging in various strategic initiatives.
  • The market faces clinical and economic impacts due to the critical role of phenylephrine hydrochloride in various medical treatments.

FAQs

What is the current market size of the phenylephrine hydrochloride market?

The phenylephrine hydrochloride market size was valued at USD 0.9 billion in 2023 and USD 777.6 million in 2022, depending on the source[1][4].

What is the expected growth rate of the phenylephrine hydrochloride market?

The market is expected to grow at a CAGR of 5.8% from 2024 to 2031 and 7.7% from 2023 to 2032, according to different reports[1][4].

What are the main drivers of the phenylephrine hydrochloride market growth?

The main drivers include the increasing prevalence of respiratory ailments, technological advancements in formulations, and the expansion of the global pharmaceutical industry[1][3][4].

Which region holds the largest market share in the phenylephrine hydrochloride market?

North America holds a substantial market share, with the U.S. expected to exhibit a significant CAGR during the forecast period[1][3].

What are the challenges faced by the phenylephrine hydrochloride market?

Challenges include price volatility, shortages, regulatory factors, and low profit margins for generic manufacturers[2].

How does the competitive landscape of the phenylephrine hydrochloride market look?

The market is dominated by established pharmaceutical companies that engage in strategic initiatives such as collaborations, product launches, and partnerships[1][3].

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Drugs may be covered by multiple patents or regulatory protections. All trademarks and applicant names are the property of their respective owners or licensors. Although great care is taken in the proper and correct provision of this service, thinkBiotech LLC does not accept any responsibility for possible consequences of errors or omissions in the provided data. The data presented herein is for information purposes only. There is no warranty that the data contained herein is error free. thinkBiotech performs no independent verification of facts as provided by public sources nor are attempts made to provide legal or investing advice. Any reliance on data provided herein is done solely at the discretion of the user. Users of this service are advised to seek professional advice and independent confirmation before considering acting on any of the provided information. thinkBiotech LLC reserves the right to amend, extend or withdraw any part or all of the offered service without notice.