You're using a free limited version of DrugPatentWatch: Upgrade for Complete Access

Last Updated: December 22, 2024

APIXABAN Drug Patent Profile


✉ Email this page to a colleague

« Back to Dashboard


DrugPatentWatch® Litigation and Generic Entry Outlook for Apixaban

A generic version of APIXABAN was approved as apixaban by ACCORD HLTHCARE on July 28th, 2020.

  Subscribe

AI Research Assistant
Questions you can ask:
  • What is the 5 year forecast for APIXABAN?
  • What are the global sales for APIXABAN?
  • What is Average Wholesale Price for APIXABAN?
Drug patent expirations by year for APIXABAN
Drug Sales Revenue Trends for APIXABAN

See drug sales revenues for APIXABAN

Recent Clinical Trials for APIXABAN

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

SponsorPhase
Centre Hospitalier Universitaire VaudoisPhase 2
Imperial College LondonPhase 4
Janssen Research & Development, LLCPhase 3

See all APIXABAN clinical trials

Pharmacology for APIXABAN
Drug ClassFactor Xa Inhibitor
Mechanism of ActionFactor Xa Inhibitors
Paragraph IV (Patent) Challenges for APIXABAN
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
ELIQUIS Tablets apixaban 2.5 mg and 5 mg 202155 25 2016-12-28

US Patents and Regulatory Information for APIXABAN

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Accord Hlthcare APIXABAN apixaban TABLET;ORAL 210180-001 Jul 28, 2020 AB RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Mylan APIXABAN apixaban TABLET;ORAL 210128-002 Dec 23, 2019 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Bionpharma APIXABAN apixaban TABLET;ORAL 210152-001 Apr 8, 2020 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Apotex APIXABAN apixaban TABLET;ORAL 210091-002 Feb 16, 2024 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Hetero Labs Ltd V APIXABAN apixaban TABLET;ORAL 210066-002 Nov 21, 2023 AB RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Zydus Pharms APIXABAN apixaban TABLET;ORAL 210185-002 Feb 27, 2023 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Bionpharma APIXABAN apixaban TABLET;ORAL 210152-002 Apr 8, 2020 DISCN 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

EU/EMA Drug Approvals for APIXABAN

Company Drugname Inn Product Number / Indication Status Generic Biosimilar Orphan Marketing Authorisation Marketing Refusal
Bristol-Myers Squibb / Pfizer EEIG Eliquis apixaban EMEA/H/C/002148
For Eliquis 2.5 mg film-coated tablets:Prevention of venous thromboembolic events (VTE) in adult patients who have undergone elective hip or knee replacement surgery.Prevention of stroke and systemic embolism in adult patients with non-valvular atrial fibrillation (NVAF), with one or more risk factors, such as prior stroke or transient ischaemic attack (TIA); age ≥ 75 years; hypertension; diabetes mellitus; symptomatic heart failure (NYHA Class ≥ II).Treatment of deep vein thrombosis (DVT) and pulmonary embolism (PE), and prevention of recurrent DVT and PE in adults (see section 4.4 for haemodynamically unstable PE patients).For Eliquis 5 mg film-coated tablets:Prevention of stroke and systemic embolism in adult patients with non-valvular atrial fibrillation (NVAF), with one or more risk factors, such as prior stroke or transient ischaemic attack (TIA); age≥ 75 years; hypertension; diabetes mellitus; symptomatic heart failure (NYHA Class ≥ II).Treatment of deep vein thrombosis (DVT) and pulmonary embolism (PE), and prevention of recurrent DVT and PE in adults (see section 4.4 for haemodynamically unstable PE patients).
Authorised no no no 2011-05-18
Accord Healthcare S.L.U. Apixaban Accord apixaban EMEA/H/C/005358
Prevention of venous thromboembolic events (VTE) in adult patients who have undergone elective hip or knee replacement surgery.Prevention of stroke and systemic embolism in adult patients with non-valvular atrial fibrillation (NVAF), with one or more risk factors, such as prior stroke or transient ischaemic attack (TIA); age ≥ 75 years; hypertension; diabetes mellitus; symptomatic heart failure (NYHA Class ≥ II).Treatment of deep vein thrombosis (DVT) and pulmonary embolism (PE), and prevention of recurrent DVT and PE in adults (see section 4.4 for haemodynamically unstable PE patients).Prevention of stroke and systemic embolism in adult patients with non-valvular atrial fibrillation (NVAF), with one or more risk factors, such as prior stroke or transient ischaemic attack (TIA); age≥ 75 years; hypertension; diabetes mellitus; symptomatic heart failure (NYHA Class ≥ II).Treatment of deep vein thrombosis (DVT) and pulmonary embolism (PE), and prevention of recurrent DVT and PE in adults (see section 4.4 for haemodynamically unstable PE patients).
Authorised yes no no 2020-07-23
>Company >Drugname >Inn >Product Number / Indication >Status >Generic >Biosimilar >Orphan >Marketing Authorisation >Marketing Refusal

APIXABAN Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Apixaban

Introduction to Apixaban

Apixaban, marketed under the brand name Eliquis, is a novel oral anticoagulant (NOAC) used to prevent and treat various cardiovascular conditions, including deep vein thrombosis (DVT), pulmonary embolism (PE), and stroke in patients with atrial fibrillation. Here, we delve into the market dynamics and financial trajectory of apixaban.

Market Size and Growth

The apixaban market has been experiencing robust growth. In 2023, the market size was valued at $2.69 billion and is projected to increase to $2.92 billion in 2024, with a compound annual growth rate (CAGR) of 8.7%[1].

By 2028, the market is expected to expand to $4.12 billion, driven by a CAGR of 9.0%. This growth is attributed to the increasing incidence of cardiovascular diseases, aging populations, and advancements in drug delivery systems[1].

Drivers of Market Growth

Rising Prevalence of Cardiovascular Diseases

The growing prevalence of cardiovascular diseases, including coronary artery disease, stroke, and heart failure, is a significant driver. Factors such as sedentary lifestyles, poor dietary habits, tobacco use, obesity, high blood pressure, and diabetes contribute to this trend. For instance, according to the American Heart Association, cardiovascular diseases resulted in 931,578 deaths in the U.S. in 2023, highlighting the need for effective anticoagulants like apixaban[1].

Aging Population

The global aging population is another key driver. As the population ages, the incidence of conditions requiring anticoagulation therapy increases, thereby boosting the demand for apixaban[1].

Regulatory Approvals and Expansions

Regulatory approvals and expansions have played a crucial role in the market's growth. Apixaban's approval by the FDA for various indications, including the prevention and treatment of DVT and PE, has expanded its therapeutic reach[3].

Shift from Warfarin to NOACs

The shift from traditional anticoagulants like warfarin to NOACs is also driving growth. NOACs, including apixaban, offer more favorable clinical outcomes and easier management compared to warfarin, making them a preferred choice for many patients and healthcare providers[1].

Market Segmentation

By Dosage Form

The apixaban market is segmented by dosage form into capsules and tablets. Both forms are widely used, with tablets being a more common dosage form due to their ease of administration and patient compliance[1][4].

By Application

Apixaban is used for several applications, including the prevention and treatment of DVT and PE, and the reduction of the risk of recurrent PE and DVT following initial treatment. These applications are critical in managing venous thromboembolism-related illnesses[1][3].

By End-Users

The market is segmented by end-users into hospitals, homecare, specialty clinics, and other end-users. Hospitals and homecare settings are significant segments due to the widespread use of apixaban in these environments[1][4].

Regional Analysis

North America

North America was the largest region in the apixaban market in 2023, driven by high healthcare investments and awareness. The U.S. is a key market within this region, with significant revenue contributions[1][4].

Asia-Pacific

The Asia-Pacific region is expected to be the fastest-growing market during the forecast period. This growth is driven by developing healthcare facilities, a large number of generic manufacturers, and increasing government initiatives[1][4].

Financial Impact of Regulatory Changes

The Inflation Reduction Act (IRA) of 2022 has introduced significant changes that impact the pricing and revenue of apixaban. The maximum fair price (MFP) for a 30-day supply of Eliquis, set at $231, will affect Medicare reimbursement rates starting January 1, 2026. This change is expected to influence U.S. and worldwide revenues, with projected revenue ranges for 2026 and 2027 between $8.5 billion to $12.5 billion[2][5].

Competitive Landscape and Acquisitions

The apixaban market is marked by significant competitive activities. For example, the acquisition of Apotex Pharmaceutical Holdings Inc. by SK Capital Partners in 2022 could transform the pharmaceutical sector, influencing drug manufacturing, distribution channels, and research endeavors[1].

Challenges and Risks

Despite the growth, the market faces several challenges. Side effects such as an increased risk of thrombotic events upon premature withdrawal and bleeding can stymie apixaban's adoption. Additionally, the impact of generic entry, regulatory changes, and competitive products in the Medicare market pose risks to future revenue[3][5].

Innovations and Collaborations

Advancements in drug delivery systems, increasing research and development, and innovation through collaborations are expected to drive the market forward. Digital health and telemedicine are also emerging trends that could enhance the accessibility and effectiveness of apixaban treatment[1].

Key Takeaways

  • The apixaban market is projected to grow significantly, driven by the rising prevalence of cardiovascular diseases and an aging population.
  • Regulatory approvals and the shift from warfarin to NOACs are key drivers.
  • The market is segmented by dosage form, application, and end-users, with North America and Asia-Pacific being significant regions.
  • Regulatory changes under the IRA will impact pricing and revenue.
  • Innovations and collaborations are expected to continue driving market growth.

FAQs

1. What are the primary drivers of the apixaban market growth?

The primary drivers include the rising prevalence of cardiovascular diseases, an aging population, regulatory approvals, and the shift from warfarin to NOACs.

2. How does the Inflation Reduction Act (IRA) impact the apixaban market?

The IRA sets a maximum fair price for a 30-day supply of Eliquis, affecting Medicare reimbursement rates and influencing U.S. and worldwide revenues.

3. Which regions are expected to be the largest and fastest-growing in the apixaban market?

North America is currently the largest region, while the Asia-Pacific region is expected to be the fastest-growing during the forecast period.

4. What are the common dosage forms of apixaban?

Apixaban is available in both capsule and tablet forms, with tablets being more commonly used.

5. What are the potential challenges facing the apixaban market?

Challenges include side effects such as bleeding and thrombotic events, generic entry, and regulatory changes that could impact revenue.

Cited Sources:

  1. The Business Research Company. Global Apixaban Market Report 2024.
  2. Bristol-Myers Squibb Company. Investor Statement on Eliquis Revenue Under IRA.
  3. PharmiWeb. Global Apixaban {Eliquis} Market is expected to grow significantly with a CAGR of 7.5% during the forecast period.
  4. Data Bridge Market Research. Global Apixaban Market – Industry Trends and Forecast to 2030.
  5. Pfizer. Pfizer Statement on Publication of ELIQUIS® Maximum Fair Price.

More… ↓

⤷  Subscribe

Make Better Decisions: Try a trial or see plans & pricing

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.