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Last Updated: December 28, 2024

RESTASIS Drug Patent Profile


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

Restasis is a drug marketed by Abbvie and is included in one NDA. There are ten patents protecting this drug.

The generic ingredient in RESTASIS is cyclosporine. There are eighteen drug master file entries for this compound. Nineteen suppliers are listed for this compound. Additional details are available on the cyclosporine profile page.

DrugPatentWatch® Litigation and Generic Entry Outlook for Restasis

A generic version of RESTASIS was approved as cyclosporine by HIKMA on October 29th, 1999.

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Drug patent expirations by year for RESTASIS
Drug Prices for RESTASIS

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Drug Sales Revenue Trends for RESTASIS

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Recent Clinical Trials for RESTASIS

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

SponsorPhase
OphRx Ltd.Early Phase 1
Boston SightPhase 1/Phase 2
AllerganPhase 1/Phase 2

See all RESTASIS clinical trials

US Patents and Regulatory Information for RESTASIS

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Abbvie RESTASIS cyclosporine EMULSION;OPHTHALMIC 050790-001 Dec 23, 2002 AB RX Yes Yes ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Abbvie RESTASIS MULTIDOSE cyclosporine EMULSION;OPHTHALMIC 050790-002 Oct 27, 2016 RX Yes Yes 8,292,129 ⤷  Subscribe Y ⤷  Subscribe
Abbvie RESTASIS MULTIDOSE cyclosporine EMULSION;OPHTHALMIC 050790-002 Oct 27, 2016 RX Yes Yes 9,248,191 ⤷  Subscribe Y ⤷  Subscribe
Abbvie RESTASIS MULTIDOSE cyclosporine EMULSION;OPHTHALMIC 050790-002 Oct 27, 2016 RX Yes Yes 9,676,525 ⤷  Subscribe Y ⤷  Subscribe
Abbvie RESTASIS MULTIDOSE cyclosporine EMULSION;OPHTHALMIC 050790-002 Oct 27, 2016 RX Yes Yes 8,648,048 ⤷  Subscribe Y ⤷  Subscribe
Abbvie RESTASIS MULTIDOSE cyclosporine EMULSION;OPHTHALMIC 050790-002 Oct 27, 2016 RX Yes Yes 8,633,162 ⤷  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 RESTASIS

Applicant Tradename Generic Name Dosage NDA Approval Date Patent No. Patent Expiration
Abbvie RESTASIS cyclosporine EMULSION;OPHTHALMIC 050790-001 Dec 23, 2002 8,685,930 ⤷  Subscribe
Abbvie RESTASIS cyclosporine EMULSION;OPHTHALMIC 050790-001 Dec 23, 2002 4,839,342 ⤷  Subscribe
Abbvie RESTASIS cyclosporine EMULSION;OPHTHALMIC 050790-001 Dec 23, 2002 8,648,048 ⤷  Subscribe
Abbvie RESTASIS cyclosporine EMULSION;OPHTHALMIC 050790-001 Dec 23, 2002 9,248,191 ⤷  Subscribe
Abbvie RESTASIS cyclosporine EMULSION;OPHTHALMIC 050790-001 Dec 23, 2002 8,642,556 ⤷  Subscribe
Abbvie RESTASIS cyclosporine EMULSION;OPHTHALMIC 050790-001 Dec 23, 2002 8,633,162 ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >Patent No. >Patent Expiration

International Patents for RESTASIS

See the table below for patents covering RESTASIS around the world.

Country Patent Number Title Estimated Expiration
South Africa 201603517 PROTECTIVE CAP FOR A DISPENSER, AND DISCHARGE DEVICE FOR DISCHARGING PHARMACEUTICAL AND/OR COSMETICAL LIQUIDS ⤷  Subscribe
Australia 2640995 ⤷  Subscribe
Germany 3851152 ⤷  Subscribe
European Patent Office 2210670 Dispositif de sortie (Discharge device) ⤷  Subscribe
European Patent Office 2210674 Dispositif de sortie (Application device) ⤷  Subscribe
Slovenia 3083431 ⤷  Subscribe
>Country >Patent Number >Title >Estimated Expiration

Supplementary Protection Certificates for RESTASIS

Patent Number Supplementary Protection Certificate SPC Country SPC Expiration SPC Description
2049079 LUC00006 Luxembourg ⤷  Subscribe PRODUCT NAME: CYCLOSPORINE (GOUTTES OCULAIRES SOUS FORME D'EMULSION); AUTHORISATION NUMBER AND DATE: EU/1/15/990 20150323
>Patent Number >Supplementary Protection Certificate >SPC Country >SPC Expiration >SPC Description

RESTASIS Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for RESTASIS

Introduction

RESTASIS, a prescription eye drop developed by Allergan (now part of AbbVie), has been a cornerstone in the treatment of chronic dry eye syndrome since its FDA approval in 2003. This article delves into the market dynamics and financial trajectory of RESTASIS, highlighting its impact, challenges, and future prospects.

Market Size and Growth

The dry eye syndrome treatment market, in which RESTASIS is a significant player, was valued at USD 5.11 billion in 2021 and is projected to reach USD 7.6 billion by 2030, growing at a CAGR of 4.51% from 2022 to 2030[1].

Revenue Contribution

RESTASIS has been a high-revenue generator for Allergan. In the fourth quarter of 2019, RESTASIS net revenues were $309.0 million, although this represented a 4.9% decrease from the prior year quarter[2]. Despite this, RESTASIS remains one of Allergan's top-selling drugs, second only to Botox, with annual sales exceeding $1 billion[4].

Market Segmentation

The RESTASIS drug segment accounted for over 25.08% of the dry eye syndrome treatment market revenue in 2021. This dominance is attributed to its effectiveness in treating chronic dry eye symptoms, despite requiring 3 to 6 months to start showing significant results[1].

Distribution Channels

The retail pharmacies segment, which accounted for over 45.22% of the revenue in 2021, is a key distribution channel for RESTASIS. However, the online pharmacies segment is expected to grow at the fastest rate due to increased convenience and better pricing, especially post-pandemic[1].

Regional Insights

North America, with its advanced healthcare infrastructure and high treatment adoption rates, holds the largest revenue share in the dry eye syndrome treatment market, including RESTASIS. This region is expected to continue driving market growth due to an aging population and favorable reimbursement policies[1][3].

Challenges and Unmet Needs

Despite its market share, RESTASIS faces several challenges. The drug has tolerability issues and a high failure rate of up to 50%, creating an unmet need for more effective treatments. Additionally, the approval of generic versions, such as the FDA-approved generic Restasis from Mylan Pharmaceuticals Inc. in February 2022, is expected to impact its growth rate[1].

Pricing and Competition

RESTASIS is known for its high cost, with the retail cash price approximating $700 per month, even with coupons and insurance co-pays reducing the cost to around $586[4]. The pharmaceutical industry's lack of price regulation and the dominance of a few major players contribute to these high costs, limiting competition from cheaper alternatives.

Stranglehold on Competition

The pharmaceutical industry's structure, with a few virtually impenetrable monopolies, hampers the entry of cheaper prescription drugs. This lack of competition keeps prices inflated, making it difficult for consumers to access affordable alternatives[4].

Financial Performance

Allergan's financial reports reflect the significant revenue generated by RESTASIS. In 2019, Allergan reported total net revenues of $16,088.9 million, with RESTASIS contributing substantially to these figures. However, the company also faced operating losses and high research and development expenses, which impacted its overall financial performance[2].

Future Prospects

The dry eye syndrome treatment market is expected to grow, driven by increasing prevalence and advancements in drug development. However, RESTASIS's growth rate is anticipated to be slow due to the approval of generic versions and the emergence of new treatments addressing the unmet needs in the market[1].

Regulatory Environment

Regulatory challenges also impact the market. For instance, Novartis had to withdraw Xiidra from the European market due to regulatory objections, highlighting the stringent regulatory environment that pharmaceutical companies must navigate[1].

Key Takeaways

  • RESTASIS is a leading treatment for chronic dry eye syndrome, with significant market share and revenue.
  • The drug faces challenges such as tolerability issues, high failure rates, and the emergence of generic versions.
  • High pricing and limited competition are major concerns in the pharmaceutical industry.
  • North America is a key region driving market growth due to its advanced healthcare infrastructure and favorable policies.
  • The market is expected to grow, but RESTASIS's growth rate may be impacted by generic alternatives and new treatments.

FAQs

What is the current market size of the dry eye syndrome treatment market?

The dry eye syndrome treatment market was valued at USD 5.11 billion in 2021 and is projected to reach USD 7.6 billion by 2030[1].

How much does RESTASIS contribute to Allergan's revenue?

RESTASIS is one of Allergan's top-selling drugs, generating over $1 billion in annual sales[4].

Why is RESTASIS so expensive?

The high cost of RESTASIS is due to the lack of price regulation in the pharmaceutical industry and the dominance of a few major players, limiting competition from cheaper alternatives[4].

What are the challenges faced by RESTASIS in the market?

RESTASIS faces challenges such as tolerability issues, a high failure rate, and the emergence of generic versions, which are expected to impact its growth rate[1].

Which region drives the most growth for RESTASIS?

North America is the leading region for the dry eye syndrome treatment market, including RESTASIS, due to its advanced healthcare infrastructure and favorable reimbursement policies[1][3].

Sources

  1. Vision Research Reports: Dry Eye Syndrome Treatment Market Size, Trends, Share, Growth.
  2. PR Newswire: Allergan Reports Fourth Quarter and Full-Year 2019 Financial Results.
  3. Mordor Intelligence: Ophthalmic Drugs Market Size Research - Industry Trends & Share.
  4. Northwest Pharmacy: Why is Restasis So Expensive?.

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