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Last Updated: December 22, 2024

FORADIL Drug Patent Profile


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

Foradil is a drug marketed by Novartis and is included in two NDAs.

The generic ingredient in FORADIL is formoterol fumarate. There are nineteen drug master file entries for this compound. Thirteen suppliers are listed for this compound. Additional details are available on the formoterol fumarate profile page.

DrugPatentWatch® Litigation and Generic Entry Outlook for Foradil

A generic version of FORADIL was approved as formoterol fumarate by TEVA PHARMS USA INC on June 22nd, 2021.

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Summary for FORADIL
US Patents:0
Applicants:1
NDAs:2
Raw Ingredient (Bulk) Api Vendors: 123
Clinical Trials: 33
Patent Applications: 4,449
What excipients (inactive ingredients) are in FORADIL?FORADIL excipients list
DailyMed Link:FORADIL at DailyMed
Drug patent expirations by year for FORADIL
Recent Clinical Trials for FORADIL

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

SponsorPhase
University of FloridaPhase 1
Food and Drug Administration (FDA)Phase 1
University of Tennessee Graduate School of MedicineN/A

See all FORADIL clinical trials

US Patents and Regulatory Information for FORADIL

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Novartis FORADIL formoterol fumarate POWDER;INHALATION 020831-001 Feb 16, 2001 DISCN Yes No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Novartis FORADIL CERTIHALER formoterol fumarate POWDER;INHALATION 021592-001 Dec 15, 2006 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

Supplementary Protection Certificates for FORADIL

Patent Number Supplementary Protection Certificate SPC Country SPC Expiration SPC Description
2435024 LUC00208 Luxembourg ⤷  Subscribe PRODUCT NAME: COMBINAISON DE FORMOTEROL (Y COMPRIS SES SELS, ESTERS, SOLVATES OU ENANTIOMERES PHARMACEUTIQUEMENT ACCEPTABLES), DE GLYCOPYRRONIUM (Y COMPRIS SES SELS, ESTERS, SOLVATES OU ENANTIOMERES PHARMACEUTIQUEMENT ACCEPTABLES) ET DE BUDESONIDE (Y COMPRIS SES SELS, ESTERS, SOLVATES OU ENANTIOMERES PHARMACEUTIQUEMENT ACCEPTABLES); AUTHORISATION NUMBER AND DATE: EU/1/20/1468 20201210
2435025 PA2019014,C2435025 Lithuania ⤷  Subscribe PRODUCT NAME: GLIKOPIRONIO BROMIDAS/FORMOTEROLIS; REGISTRATION NO/DATE: EU/1/18/1339 20181218
2435025 PA2019014 Lithuania ⤷  Subscribe PRODUCT NAME: GLIKOPIROLATO (ISKAITANT BET KOKIAS JO FARMACINIU POZIURIU PRIIMTINAS DRUSKAS, ESTERIUS, ENANTIOMERUS AR KITUS DARINIUS) IR FORMOTEROLIO (ISKAITANT BET KOKIAS JO FARMACINIU POZIURIU PRIIMTINAS DRUSKAS, ESTERIUS, ENANTIOMERUS AR KITUS DARINIUS) DERINYS; REGISTRATION NO/DATE: EU/1/18/1339 20181218
2435024 CA 2021 00014 Denmark ⤷  Subscribe PRODUCT NAME: KOMBINATION AF FORMOTEROL, HERUNDER ALLE FARMACEUTISK ACCEPTABLE SALTE, ESTERE, SOLVATER ELLER ENANTIOMERE DERAF, GLYCOPYRROLAT, HERUNDER ALLE FARMACEUTISK ACCEPTABLE SALTE, ESTERE, SOLVATER ELLER ENANTIOMERE DERAF, OG BUDESONID, HERUNDER...; REG. NO/DATE: EU/1/20/1498 20201210
>Patent Number >Supplementary Protection Certificate >SPC Country >SPC Expiration >SPC Description

FORADIL Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Asthma and COPD Drugs: A Focus on Foradil

Introduction

The global market for asthma and COPD (Chronic Obstructive Pulmonary Disease) drugs is experiencing significant growth, driven by various factors including technological advancements, increasing geriatric population, and rising prevalence of respiratory diseases. This article will delve into the market dynamics and financial trajectory of asthma and COPD drugs, with a specific focus on Foradil, a prominent medication in this sector.

Global Market Overview

The global asthma and COPD drugs market is projected to grow from USD 38.2 billion in 2023 to USD 64.6 billion by 2033, at a CAGR of 5.6%[1].

Route of Administration

Foradil, a medication for asthma and COPD, falls under the inhaled route of administration. Although the oral route dominates the market with a 65.8% share in 2023, inhaled medications like Foradil are crucial for long-term asthma control and quick relief[1].

Market Segmentation

The market is segmented by disease (asthma and COPD), medication class (long-term asthma control medications and quick relief medications), route of administration (oral and inhaled), and distribution channels (hospital pharmacies, retail pharmacies, online pharmacies, and drug stores)[1].

Regional Analysis

North America leads the global asthma and COPD market, capturing a significant market share of 32.4% in 2023. This dominance is attributed to the rising cases of asthma and COPD, an aging population, and robust research and development activities in the region[1].

Technological Advancements and Partnerships

Technological advancements and strategic partnerships are key drivers of market growth. For instance, partnerships like the one between Phil, Inc. and Teva Pharmaceutical Industries Ltd aim to enhance patient access to medications like Digihaler, which is an example of how technology can improve drug delivery and patient compliance[1].

Geriatric Population Impact

The rising geriatric population is a significant factor contributing to the growth of the asthma and COPD drugs market. By 2050, the global population aged 65 and above is expected to increase to 1.5 billion from 727 million in 2020, leading to higher demand for respiratory illness medications[1].

Financial Performance of Key Players

While specific financial data for Foradil is not provided, the overall financial performance of pharmaceutical companies in this sector can give insights into market trends. For example, Travere Therapeutics reported significant growth in net product sales for its drug FILSPARI, which, although not directly related to Foradil, indicates the potential for strong financial performance in the respiratory drug market[2][5].

Foradil: A Specific Case Study

Foradil, known generically as formoterol, is a long-acting beta-agonist (LABA) used in the treatment of asthma and COPD. Here are some key points about Foradil:

Mechanism of Action

Foradil works by relaxing the muscles in the airways, improving breathing and reducing symptoms of asthma and COPD.

Market Position

As an inhaled medication, Foradil competes in a segment that, while smaller than the oral route, is critical for patients requiring immediate and sustained relief from respiratory symptoms.

Patient Compliance

Inhaled medications like Foradil often face challenges related to patient compliance, such as proper inhaler technique and adherence to treatment regimens. However, advancements in inhaler technology and patient education programs have improved compliance rates.

Financial Impact

The financial impact of Foradil on the market is significant, given its widespread use and the growing demand for respiratory medications. While exact financial figures for Foradil are not available, its contribution to the overall market growth is substantial.

Competitive Landscape

The asthma and COPD drugs market is highly competitive, with several major pharmaceutical companies like AstraZeneca, Teva Pharmaceutical Industries Ltd, and others vying for market share. New product launches, such as Ohtuvayre (ensifentrine) approved by the FDA for COPD treatment, further intensify the competition[1][4].

Impact of Climate Change

Climate change is emerging as a significant driver for the respiratory drug market. Increasing air pollution and other environmental factors exacerbate respiratory conditions, leading to higher demand for medications like Foradil[4].

Regional Growth Prospects

Asia-Pacific is expected to be one of the fastest-growing regions for inhalable drugs, including Foradil, due to advanced technologies, changing population characteristics, and developing health paradigms[4].

Key Takeaways

  • The global asthma and COPD drugs market is projected to grow significantly, driven by technological advancements and an increasing geriatric population.
  • Foradil, as an inhaled medication, plays a crucial role in the treatment of asthma and COPD.
  • Patient compliance and proper inhaler technique are critical for the effective use of Foradil.
  • The market is highly competitive, with new product launches and strategic partnerships driving growth.
  • Climate change and regional health paradigms are significant factors influencing market dynamics.

FAQs

What is the projected growth rate of the global asthma and COPD drugs market?

The global asthma and COPD drugs market is expected to grow at a CAGR of 5.6% from 2023 to 2033[1].

Which route of administration dominates the asthma and COPD drugs market?

The oral route of administration dominates the market, capturing a 65.8% share in 2023[1].

How does the geriatric population impact the asthma and COPD drugs market?

The rising geriatric population significantly increases the demand for respiratory illness medications, contributing to market growth[1].

What are some of the technological advancements in the asthma and COPD drugs market?

Technological advancements include new inhaler technologies and patient access platforms, such as the PhilRx Patient Access Platform, which enhance patient compliance and access to medications[1].

Which region is expected to see the fastest growth in the inhalable drugs market?

Asia-Pacific is estimated to observe the fastest expansion due to advanced technologies, changing population characteristics, and developing health paradigms[4].

Sources

  1. Market.us: Asthma & COPD Drugs Market Size, Share | CAGR OF 5.4% - https://market.us/report/asthma-copd-drugs-market/
  2. Travere Therapeutics: Travere Therapeutics Reports Second Quarter 2024 Financial Results - https://ir.travere.com/news-releases/news-release-details/travere-therapeutics-reports-second-quarter-2024-financial
  3. Annual Reports: FORM 10-K LIQUIDIA TECHNOLOGIES, INC. - https://www.annualreports.com/HostedData/AnnualReportArchive/l/NASDAQ_LQDA_2019.pdf
  4. Biospace: Inhalable Drugs Market Size to Worth Around USD 65.51 Bn by 2034 - https://www.biospace.com/press-releases/inhalable-drugs-market-size-to-worth-around-usd-65-51-bn-by-2034
  5. Travere Therapeutics: Travere Therapeutics Reports First Quarter 2024 Financial Results - https://ir.travere.com/news-releases/news-release-details/travere-therapeutics-reports-first-quarter-2024-financial

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