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Last Updated: December 22, 2024

HALOBETASOL PROPIONATE Drug Patent Profile


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DrugPatentWatch® Litigation and Generic Entry Outlook for Halobetasol Propionate

A generic version of HALOBETASOL PROPIONATE was approved as halobetasol propionate by FOUGERA PHARMS on December 16th, 2004.

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Recent Clinical Trials for HALOBETASOL PROPIONATE

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SponsorPhase
Dermatology Consulting Services, PLLCPhase 4
Icahn School of Medicine at Mount SinaiPhase 3
Citius Pharmaceuticals, Inc.Phase 2

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Pharmacology for HALOBETASOL PROPIONATE
Paragraph IV (Patent) Challenges for HALOBETASOL PROPIONATE
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
LEXETTE Topical Foam halobetasol propionate 0.05% 210566 1 2021-01-28
BRYHALI Lotion halobetasol propionate 0.01% 209355 1 2019-05-15
ULTRAVATE Lotion halobetasol propionate 0.05% 208183 1 2018-01-24

US Patents and Regulatory Information for HALOBETASOL PROPIONATE

HALOBETASOL PROPIONATE is protected by zero US patents and one FDA Regulatory Exclusivity.

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Padagis Israel HALOBETASOL PROPIONATE halobetasol propionate AEROSOL, FOAM;TOPICAL 215266-001 Aug 11, 2023 AB RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Cosette HALOBETASOL PROPIONATE halobetasol propionate OINTMENT;TOPICAL 077109-001 Jun 14, 2005 AB RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Padagis Israel HALOBETASOL PROPIONATE halobetasol propionate CREAM;TOPICAL 077123-001 Dec 16, 2004 AB RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Quagen HALOBETASOL PROPIONATE halobetasol propionate OINTMENT;TOPICAL 213560-001 Oct 6, 2020 AB RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Cosette HALOBETASOL PROPIONATE halobetasol propionate OINTMENT;TOPICAL 077721-001 Sep 7, 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

HALOBETASOL PROPIONATE Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory of Halobetasol Propionate

Market Overview

Halobetasol propionate, a potent topical corticosteroid, is used primarily for the treatment of plaque psoriasis and other skin conditions. The market for this drug is experiencing significant growth, driven by increasing demand for effective treatments for dermatological conditions.

Market Size and Growth

The global halobetasol propionate market was valued at US$ 39 million in 2023 and is projected to reach US$ 54 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period of 2024-2030[1][4].

Segmentation

The market is segmented based on type and application. The types include 15g, 30g, and other formulations, while the applications are categorized into hospital, clinic, and other settings[1][4].

Geographical Distribution

The market is geographically segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Each region is experiencing varying growth rates, with Asia-Pacific showing significant potential due to a large patient population and increasing healthcare expenditure[4].

Key Players

The market is dominated by several key players, including ULTRAVATE, LEXETTE, Glenmark Pharma, Sun Pharma, BRYHALI, PERRIGO, Duobrii, STERLING, Midas Pharma, Pfizer, Taro Pharmaceuticals, Glenwood Pharmaceuticals, and Fougera Pharmaceuticals. These companies are investing heavily in research and development, marketing, and distribution to capture a larger market share[1][4].

Product Launches and Innovations

Recent product launches have contributed significantly to the market's growth. For example, Mayne Pharma's launch of LEXETTEâ„¢ (halobetasol propionate) Foam 0.05% in the United States in 2019 marked a significant milestone. LEXETTE received FDA approval with three years of marketing exclusivity, positioning it strongly in the US$600 million potent topical corticosteroid market[2].

Market Drivers

Several factors are driving the growth of the halobetasol propionate market:

  • Increasing Prevalence of Dermatological Conditions: Plaque psoriasis affects approximately 7.5 million Americans, and potent topical corticosteroids are prescribed to about 80% of these patients[2].
  • Advancements in Formulations: New formulations such as foams and lotions are enhancing patient compliance and efficacy, contributing to market growth.
  • Growing Healthcare Expenditure: Increasing healthcare spending in various regions is enabling more patients to access these treatments.

Market Restraints

Despite the growth, there are several restraints to consider:

  • Side Effects and Safety Concerns: Topical corticosteroids, including halobetasol propionate, can have adverse effects such as skin thinning, adrenal suppression, and systemic exposure, which may limit their use[5].
  • Regulatory Hurdles: Strict regulatory approvals and the need for extensive clinical trials can slow down the introduction of new products.

Competitive Landscape

The competitive landscape is intense, with multiple players vying for market share. Companies are focusing on innovative formulations, direct-to-consumer advertising, and expanding their sales force capabilities to stay competitive. For instance, Bausch Health is investing in direct-to-consumer advertising and new sales force capabilities, leveraging artificial intelligence and machine learning to enhance their market presence[3].

Financial Performance

The financial performance of companies involved in the halobetasol propionate market is robust. For example, the potent topical corticosteroid market, which includes halobetasol propionate, generates significant revenue, with 8 million prescriptions written annually in the United States alone[2].

Regional Growth

North America is a major market for halobetasol propionate, driven by the high prevalence of psoriasis and other skin conditions. However, the Asia-Pacific region is expected to show substantial growth due to increasing healthcare awareness and expenditure[4].

Future Outlook

The future outlook for the halobetasol propionate market is positive, with sustained growth expected through 2030. The market will continue to be driven by the increasing demand for effective treatments for dermatological conditions, advancements in formulations, and expanding healthcare access in various regions.

Key Takeaways

  • The global halobetasol propionate market is projected to grow from US$ 39 million in 2023 to US$ 54 million by 2030 at a CAGR of 4.9%.
  • The market is segmented by type (15g, 30g, other) and application (hospital, clinic, other).
  • Key players include ULTRAVATE, LEXETTE, Glenmark Pharma, and others.
  • New product launches and innovations, such as LEXETTE Foam, are driving market growth.
  • Increasing prevalence of dermatological conditions and advancements in formulations are major market drivers.
  • Regulatory hurdles and side effects are significant restraints.

Frequently Asked Questions (FAQs)

1. What is the current market size of halobetasol propionate?

The global halobetasol propionate market was valued at US$ 39 million in 2023[1].

2. What is the expected growth rate of the halobetasol propionate market?

The market is expected to grow at a CAGR of 4.9% from 2024 to 2030[1].

3. Who are the key players in the halobetasol propionate market?

Key players include ULTRAVATE, LEXETTE, Glenmark Pharma, Sun Pharma, BRYHALI, PERRIGO, Duobrii, STERLING, Midas Pharma, Pfizer, Taro Pharmaceuticals, Glenwood Pharmaceuticals, and Fougera Pharmaceuticals[1][4].

4. What are the primary applications of halobetasol propionate?

The primary applications are in the treatment of plaque psoriasis and other skin conditions, with usage in hospitals, clinics, and other settings[1][4].

5. What are the major drivers of the halobetasol propionate market?

Major drivers include the increasing prevalence of dermatological conditions, advancements in formulations, and growing healthcare expenditure[2][4].

More… ↓

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