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Last Updated: December 22, 2024

HEXA-GERM Drug Patent Profile


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Which patents cover Hexa-germ, and when can generic versions of Hexa-germ launch?

Hexa-germ is a drug marketed by Huntington Labs and is included in one NDA.

The generic ingredient in HEXA-GERM is hexachlorophene. There are seven drug master file entries for this compound. Additional details are available on the hexachlorophene profile page.

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Summary for HEXA-GERM
US Patents:0
Applicants:1
NDAs:1
Raw Ingredient (Bulk) Api Vendors: 80
Patent Applications: 3,375
DailyMed Link:HEXA-GERM at DailyMed
Drug patent expirations by year for HEXA-GERM

US Patents and Regulatory Information for HEXA-GERM

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Huntington Labs HEXA-GERM hexachlorophene EMULSION;TOPICAL 017411-001 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

HEXA-GERM Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for the German Pharmaceutical Market: Focus on Generic Drugs

Introduction

The German pharmaceutical market, particularly the segment of generic drugs, is experiencing significant growth and transformation. This article delves into the market dynamics, key drivers, and financial trajectory of the generic drugs market in Germany.

Market Overview

The German generic drugs market was valued at USD 25.53 billion in 2022 and is anticipated to grow robustly with a Compound Annual Growth Rate (CAGR) of 7.37% through 2028[1].

Key Market Drivers

Stringent Regulatory Standards and Quality Assurance

Germany's commitment to stringent regulatory standards and quality assurance is a pivotal driver of the generic drugs market. The country's regulatory framework ensures that generic drugs are bioequivalent to their brand-name counterparts, boosting consumer and healthcare provider confidence[1].

Increasing Burden of Chronic Diseases

The rising prevalence of chronic diseases, such as cardiovascular diseases, is a significant driver. Cardiovascular diseases are the leading cause of mortality in Germany, necessitating a constant supply of effective and affordable medications, which generic drugs provide[1].

Cost-Effectiveness

The cost-effectiveness of generic drugs is crucial in managing healthcare expenses. Patients with chronic conditions often require long-term medication, and generic alternatives offer a practical solution without straining healthcare budgets[1].

Aging Population

An expanding aging population in Germany contributes to the consistent growth of the generic drugs sector. Older populations have higher healthcare needs, which include the use of generic medications for various chronic conditions[1].

Regional Insights

Western Germany

The Western region of Germany, which includes major cities like Berlin, Hamburg, and Munich, holds the largest market share. This region is more densely populated and economically prosperous, leading to better access to healthcare services and a higher standard of living. This economic advantage enables greater affordability and accessibility to generic drugs[1].

Application Insights

Cardiovascular Diseases

Cardiovascular diseases are the most prevalent application in the German generic drugs market. The cost-effectiveness and long-term necessity of these medications make them a dominant segment. Generic cardiovascular drugs are in high demand due to their affordability and efficacy in managing heart-related conditions[1].

Market Competition

Highly Competitive Landscape

The German generic drugs market is characterized by a highly competitive landscape. Both domestic and international pharmaceutical companies are actively participating, driven by the market's growth potential and the need for cost-effective treatment options[1].

Recent Developments

Emergence of Biosimilars

The increasing adoption of biosimilars is another notable trend. Biosimilars offer more affordable alternatives to biologic drugs, which are crucial for treating complex diseases. This trend is driven by the need for cost-effective treatments and the expiration of patents for several blockbuster biologic drugs[1].

Financial Trajectory

Market Size and Growth

The market size of USD 25.53 billion in 2022 is expected to grow with a CAGR of 7.37% through 2028. This robust growth is fueled by the factors mentioned above, including stringent regulatory standards, the increasing burden of chronic diseases, and the cost-effectiveness of generic drugs[1].

Revenue and Profitability

While specific financial data for a drug like "HEXA-GERM" (which does not appear to be a real drug) is not available, the overall financial trajectory of the generic drugs market in Germany is positive. Pharmaceutical companies operating in this market are expected to see increased revenues and profitability due to the growing demand for generic medications[1].

Broader Pharmaceutical Market Context

Biotechnology and Personalized Medicine

The German pharmaceutical market is also driven by significant investments in biotechnology and personalized medicine. These advancements are expected to further boost the market, with a CAGR of 6.12% predicted from 2024 to 2032[4].

Global Antibody Drugs Market

The global market for antibody drugs, which includes some biologic drugs that have generic equivalents (biosimilars), is expected to grow from $242.6 billion in 2024 to $412.1 billion by 2029, at a CAGR of 11.2% during the forecast period. This growth indicates a broader trend towards more advanced and cost-effective treatments[3].

Key Takeaways

  • The German generic drugs market is valued at USD 25.53 billion in 2022 and is expected to grow at a CAGR of 7.37% through 2028.
  • Stringent regulatory standards, the increasing burden of chronic diseases, and cost-effectiveness are key drivers.
  • The Western region of Germany dominates the market due to its higher population density and economic prosperity.
  • Cardiovascular diseases are the most prevalent application for generic drugs in Germany.
  • The market is highly competitive with both domestic and international pharmaceutical companies participating.

FAQs

What is the current size of the German generic drugs market?

The German generic drugs market was valued at USD 25.53 billion in 2022[1].

What is the expected growth rate of the German generic drugs market?

The market is anticipated to grow with a CAGR of 7.37% through 2028[1].

What are the key drivers of the German generic drugs market?

Key drivers include stringent regulatory standards, the increasing burden of chronic diseases, and the cost-effectiveness of generic drugs[1].

Which region dominates the German generic drugs market?

The Western region of Germany holds the largest market share due to its higher population density and economic prosperity[1].

What is the most prevalent application for generic drugs in Germany?

Cardiovascular diseases are the most prevalent application for generic drugs in Germany[1].

Sources

  1. TechSci Research: Germany Generic Drugs Market By Size, Growth, Trends and Forecast 2024-2028.
  2. Alpha Spread: HEXA B Q3-2023 Earnings Call.
  3. BCC Research: Antibody Drugs: Technologies and Global Markets.
  4. BioSpace: Germany Pharmaceutical Market to Reach a CAGR of 6.12% during 2024-2032.

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