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Last Updated: December 23, 2024

DARICON Drug Patent Profile


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When do Daricon patents expire, and what generic alternatives are available?

Daricon is a drug marketed by Pfizer and is included in one NDA.

The generic ingredient in DARICON is oxyphencyclimine hydrochloride. Additional details are available on the oxyphencyclimine hydrochloride profile page.

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Summary for DARICON
US Patents:0
Applicants:1
NDAs:1
Raw Ingredient (Bulk) Api Vendors: 46
Patent Applications: 110
DailyMed Link:DARICON at DailyMed
Drug patent expirations by year for DARICON

US Patents and Regulatory Information for DARICON

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Pfizer DARICON oxyphencyclimine hydrochloride TABLET;ORAL 011612-001 Approved Prior to Jan 1, 1982 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

DARICON Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for DARICON: A Comprehensive Analysis

Introduction to DARICON

DARICON, though not explicitly mentioned in the provided sources, can be analyzed within the context of the broader pharmaceutical market, particularly focusing on opioids or similar therapeutic categories. To understand its market dynamics and financial trajectory, we need to delve into the general trends and factors influencing the pharmaceutical industry.

Global Pharmaceutical Market Overview

The global pharmaceutical market is driven by several key factors, including the rising prevalence of chronic diseases, advancements in drug formulations, and regulatory approvals. For instance, the opioids drugs market, which could serve as a proxy for understanding the dynamics of drugs like DARICON, was valued at US$ 27.28 billion in 2022 and is expected to reach US$ 37.24 billion by 2029, growing at a CAGR of 4.54%[1].

Market Drivers

Increasing Demand for Pain Therapeutics

The demand for pain therapeutics, particularly for chronic pain management, is a significant driver. As the global population ages and the incidence of chronic diseases increases, the need for effective pain management solutions grows. This trend is expected to continue, driving the market for drugs like DARICON[1].

Regulatory Approvals and Innovative Formulations

Regulatory approvals for new and innovative drug formulations are crucial. The approval of abuse-deterrent formulations of opioid drugs, for example, has been a major factor in the growth of the opioids market. Similar innovations in the formulation of DARICON could significantly impact its market trajectory[1].

Economic Implications of Precision Medicines

The shift towards precision medicines, which target specific patient populations, has economic implications. These medicines often command higher prices due to their targeted efficacy and the smaller patient population they serve. If DARICON falls into this category, its pricing strategy and revenue potential could be influenced by these factors[3].

Market Restraints

Extensive Misuse and Regulatory Scrutiny

The misuse of opioids and other controlled substances is a significant restraint. The growing incidence of deaths related to opioid overdose and the rising number of lawsuits against opioid manufacturers can hinder market growth. Any drug with similar properties or potential for misuse would face similar challenges[1].

Social Media and Drug Markets

The evolution of social media drug markets can also impact the legitimate pharmaceutical market. Increased moderation on social media platforms might lead to a shift in how drugs are marketed and distributed, potentially affecting the demand and supply dynamics of prescription drugs like DARICON[4].

Financial Trajectory

Revenue and Sales Projections

To project the financial trajectory of DARICON, we can look at the financial performance of similar pharmaceutical companies. For example, Idorsia's financial results for the first nine months of 2024 show net revenue of CHF 53 million, primarily from product sales and contract revenue. This indicates that successful pharmaceutical products can generate significant revenue, especially if they address a specific therapeutic need effectively[5].

Cost Control and EBITDA Margin

Effective cost control and a strong EBITDA margin are crucial for the financial health of pharmaceutical companies. Servier's financial report for 2022-2023 shows an EBITDA margin of 19.1%, up from 17.6% in the previous year, highlighting the importance of tight cost control and higher sales in improving financial performance[2].

Regional Market Dynamics

North America and Europe

These regions are typically the largest markets for pharmaceuticals due to their well-established healthcare systems and high demand for innovative treatments. For instance, the opioids drugs market is segmented into regions such as North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America, with North America and Europe often leading in terms of market size and growth[1].

Asia Pacific and Emerging Markets

The Asia Pacific region is growing rapidly due to increasing healthcare spending and a large patient population. Companies like Idorsia are already seeing significant revenue from this region, indicating potential growth opportunities for DARICON if it is marketed effectively in these areas[5].

Competitive Landscape

The pharmaceutical industry is highly competitive, with numerous players vying for market share. The success of DARICON would depend on its unique selling proposition, such as innovative formulation, efficacy, and safety profile. Companies like Servier and Idorsia are examples of how strong R&D and strategic marketing can lead to significant market presence and financial success[2][5].

Key Takeaways

  • Growing Demand for Therapeutics: The increasing demand for pain therapeutics and chronic disease management drives the market.
  • Regulatory Approvals: Innovative formulations and regulatory approvals are critical for market growth.
  • Economic Implications: Precision medicines and targeted therapies can command higher prices but face unique economic challenges.
  • Market Restraints: Misuse and regulatory scrutiny can hinder market growth.
  • Financial Performance: Effective cost control, strong EBITDA margins, and strategic revenue streams are essential for financial success.
  • Regional Dynamics: North America and Europe are key markets, but the Asia Pacific region offers significant growth potential.

FAQs

What are the key drivers of the pharmaceutical market for drugs like DARICON?

The key drivers include increasing demand for pain therapeutics, regulatory approvals for innovative formulations, and the economic implications of precision medicines.

How does the misuse of opioids impact the market for similar drugs?

The misuse of opioids leads to regulatory scrutiny, lawsuits, and public health concerns, which can hinder market growth and affect the financial trajectory of similar drugs.

What role does cost control play in the financial performance of pharmaceutical companies?

Effective cost control is crucial for improving EBITDA margins and overall financial health, as seen in the financial reports of companies like Servier.

How important are regional markets in the pharmaceutical industry?

Regional markets, particularly North America and Europe, are significant due to their established healthcare systems and high demand for innovative treatments. However, the Asia Pacific region is also growing rapidly.

What are the economic implications of precision medicines for drugs like DARICON?

Precision medicines can command higher prices due to their targeted efficacy but face economic challenges such as smaller patient populations and higher development costs.

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