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Last Updated: December 22, 2024

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INVOKAMET Drug Patent Profile


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

Invokamet is a drug marketed by Janssen Pharms and is included in two NDAs. There are six patents protecting this drug and one Paragraph IV challenge.

This drug has two hundred and sixty-nine patent family members in forty-seven countries.

The generic ingredient in INVOKAMET is canagliflozin; metformin hydrochloride. There are twenty-one drug master file entries for this compound. One supplier is listed for this compound. Additional details are available on the canagliflozin; metformin hydrochloride profile page.

DrugPatentWatch® Generic Entry Outlook for Invokamet

Invokamet was eligible for patent challenges on March 29, 2017.

By analyzing the patents and regulatory protections it appears that the earliest date for generic entry will be February 26, 2029. This may change due to patent challenges or generic licensing.

There have been seventeen patent litigation cases involving the patents protecting this drug, indicating strong interest in generic launch. Recent data indicate that 63% of patent challenges are decided in favor of the generic patent challenger and that 54% of successful patent challengers promptly launch generic drugs.

Indicators of Generic Entry

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Drug patent expirations by year for INVOKAMET
Drug Prices for INVOKAMET

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DrugPatentWatch® Estimated Loss of Exclusivity (LOE) Date for INVOKAMET
Generic Entry Date for INVOKAMET*:
Constraining patent/regulatory exclusivity:
NDA:
Dosage:
TABLET;ORAL

*The generic entry opportunity date is the latter of the last compound-claiming patent and the last regulatory exclusivity protection. Many factors can influence early or later generic entry. This date is provided as a rough estimate of generic entry potential and should not be used as an independent source.

Paragraph IV (Patent) Challenges for INVOKAMET
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
INVOKAMET Tablets canagliflozin; metformin hydrochloride 50 mg/500 mg 50 mg/1000 mg 150 mg/500 mg 150 mg/1000 mg 204353 6 2017-03-29

US Patents and Regulatory Information for INVOKAMET

INVOKAMET is protected by twelve US patents.

Based on analysis by DrugPatentWatch, the earliest date for a generic version of INVOKAMET is ⤷  Subscribe.

This potential generic entry date is based on patent 7,943,582.

Generics may enter earlier, or later, based on new patent filings, patent extensions, patent invalidation, early generic licensing, generic entry preferences, and other factors.

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Janssen Pharms INVOKAMET XR canagliflozin; metformin hydrochloride TABLET, EXTENDED RELEASE;ORAL 205879-004 Sep 20, 2016 RX Yes Yes 7,943,582 ⤷  Subscribe Y Y ⤷  Subscribe
Janssen Pharms INVOKAMET XR canagliflozin; metformin hydrochloride TABLET, EXTENDED RELEASE;ORAL 205879-002 Sep 20, 2016 RX Yes No 8,513,202 ⤷  Subscribe Y Y ⤷  Subscribe
Janssen Pharms INVOKAMET XR canagliflozin; metformin hydrochloride TABLET, EXTENDED RELEASE;ORAL 205879-001 Sep 20, 2016 RX Yes No 8,513,202 ⤷  Subscribe Y Y ⤷  Subscribe
Janssen Pharms INVOKAMET XR canagliflozin; metformin hydrochloride TABLET, EXTENDED RELEASE;ORAL 205879-002 Sep 20, 2016 RX Yes No 8,222,219 ⤷  Subscribe ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >TE >Type >RLD >RS >Patent No. >Patent Expiration >Product >Substance >Delist Req. >Exclusivity Expiration

Expired US Patents for INVOKAMET

Applicant Tradename Generic Name Dosage NDA Approval Date Patent No. Patent Expiration
Janssen Pharms INVOKAMET canagliflozin; metformin hydrochloride TABLET;ORAL 204353-004 Aug 8, 2014 8,785,403 ⤷  Subscribe
Janssen Pharms INVOKAMET canagliflozin; metformin hydrochloride TABLET;ORAL 204353-003 Aug 8, 2014 8,785,403 ⤷  Subscribe
Janssen Pharms INVOKAMET canagliflozin; metformin hydrochloride TABLET;ORAL 204353-001 Aug 8, 2014 8,785,403 ⤷  Subscribe
Janssen Pharms INVOKAMET canagliflozin; metformin hydrochloride TABLET;ORAL 204353-002 Aug 8, 2014 8,785,403 ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >Patent No. >Patent Expiration

International Patents for INVOKAMET

When does loss-of-exclusivity occur for INVOKAMET?

Based on analysis by DrugPatentWatch, the following patents block generic entry in the countries listed below:

Argentina

Patent: 4099
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(BETA-D-GLUCOPIRANOSIL)-4-METIL-3-[5-(4-FLUOROFENIL)-2-TIENILMETIL]BENCENO
Estimated Expiration: ⤷  Subscribe

Patent: 7510
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(b-D-GLUCOPIRANOSIL)-4-METIL-3-[5-(4-FLUOROFENIL)-2-TIENILMETIL]BENCENO Y PROCESO PARA LA PREPARACIÓN
Estimated Expiration: ⤷  Subscribe

Patent: 8450
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(b-D-GLUCOPIRANOSIL)-4-METIL-3-[5-(4-FLUOROFENIL)-2-TIENILMETIL]BENCENO
Estimated Expiration: ⤷  Subscribe

Australia

Patent: 07329895
Patent: Crystalline form of 1- (beta-D-glucopyranosyl) -4 -methyl- 3- [5- (4 -fluorophenyl) -2-thienylmethyl] benzene hemihydrate
Estimated Expiration: ⤷  Subscribe

Brazil

Patent: 0718882
Patent: FORMA CRISTALINA DE HEMI-HIDRATO DE 1-(BETA-D-GLICOPIRANOSIL)-4-METIL-3-[5-(4-FLUORFENIL)-2-TI ENILMETIL]BENZENO
Estimated Expiration: ⤷  Subscribe

Canada

Patent: 71357
Patent: FORME CRISTALLINE DE 1- (.BETA.-D-GLUCOPYRANOSYL)-4 -METHYLE-2-[5-(4-FLUOROPHENYL)-2-THIENYLMETHYLE] BENZENE HEMIHYDRATE (CRYSTALLINE FORM OF 1- (.BETA.-D-GLUCOPYRANOSYL)-4-METHYL-2-[5-(4-FLUOROPHENYL)-2-THIENYLMETHYL] BENZENE HEMIHYDRATE)
Estimated Expiration: ⤷  Subscribe

Chile

Patent: 07003487
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(B-D-GLUCOPIRANOSIL)-4-METIL-3-[5-(4-FLUOROFENIL)-2-TIENILMETIL]BENCENO, INHIBIDOR DEL TRANSPORTADOR DE GLUCOSA SODIO-DEPENDIENTE; PROCESO DE PREPARACION; COMPOSICION FARMACEUTICA, UTIL PARA EL TRATAMIENTO DE DIA
Estimated Expiration: ⤷  Subscribe

China

Patent: 1573368
Patent: Crystalline form of 1- (belta-D-glucopyranosyl) -4 -methyl- 3- [5- (4 -fluorophenyl) -2-thienylmethyl] benzene hemihydrate
Estimated Expiration: ⤷  Subscribe

Patent: 2675299
Patent: Crystalline form of 1- (beta-D-glucopyranosyl) -4 -methyl- 3- [5- (4 -fluorophenyl) -2-thienylmethyl] benzene hemihydrate
Estimated Expiration: ⤷  Subscribe

Patent: 2675380
Patent: Crystalline form of 1- (beta-D-glucopyranosyl) -4 -methyl- 3- [5- (4 -fluorophenyl) -2-thienylmethyl] benzene hemihydrate
Estimated Expiration: ⤷  Subscribe

Colombia

Patent: 10719
Patent: FORMA CRIATALINA DEL HEMIHIDRATO DE 1-(BETA-DGLUCOPIRANOSIL )-4-METIL-3-[5-(4-FLUOROFENIL)-2-TIENILMETIL]BENCENO
Estimated Expiration: ⤷  Subscribe

Costa Rica

Patent: 861
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(B-D GLUCOPIRANOSIL)-4-METIL-3[5-(4-FLUOROFENIL)-2-TIENILMETIL] BENCENO
Estimated Expiration: ⤷  Subscribe

Croatia

Patent: 0140254
Estimated Expiration: ⤷  Subscribe

Cyprus

Patent: 14969
Estimated Expiration: ⤷  Subscribe

Denmark

Patent: 02224
Estimated Expiration: ⤷  Subscribe

Ecuador

Patent: 099489
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(?-D-GLUCOPIRANOSIL)-4-METIL-3-[5-(4-FLUOROFENIL)-2-TIENILMETIL]BENCENO
Estimated Expiration: ⤷  Subscribe

El Salvador

Patent: 09003285
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(BETA-D-GLUCOPIRANOSIL)-4-METIL-3-[ 5-(4-FLUOROFENIL)-2- TIENILMETIL] BENCENO
Estimated Expiration: ⤷  Subscribe

Eurasian Patent Organization

Patent: 7103
Patent: КРИСТАЛЛИЧЕСКАЯ ФОРМА ГЕМИГИДРАТА 1-(β-D-ГЛЮКОПИРАНОЗИЛ)-4-МЕТИЛ-3-[5-(4-ФТОРФЕНИЛ)-2-ТИЕНИЛМЕТИЛ]БЕНЗОЛА (CRYSTALLINE FORM OF 1-(&bgr;-D-GLUCOPYRANOSYL)-4-METHYL-3-[5-(4-FLUOROPHENYL)-2-THIENYLMETHYL]BENZENE HEMIHYDRATE)
Estimated Expiration: ⤷  Subscribe

Patent: 0970540
Patent: КРИСТАЛЛИЧЕСКАЯ ФОРМА ГЕМИГИДРАТА 1-(β-D-ГЛЮКОПИРАНОЗИЛ)-4-МЕТИЛ-3-[5-(4-ФТОРФЕНИЛ)-2-ТИЕНИЛМЕТИЛ]БЕНЗОЛА
Estimated Expiration: ⤷  Subscribe

European Patent Office

Patent: 02224
Patent: FORME CRISTALLINE DE 1- (ß-D-GLUCOPYRANOSYL) -4 -MÉTHYLE- 3- [5- (4 -FLUOROPHÉNYL) -2-THIÉNYLMÉTHYLE]BENZÈNE HÉMIHYDRATE (CRYSTALLINE FORM OF 1- (ß-D-GLUCOPYRANOSYL) -4 -METHYL- 3- [5- (4 -FLUOROPHENYL) -2-THIENYLMETHYL]BENZENE HEMIHYDRATE)
Estimated Expiration: ⤷  Subscribe

Guatemala

Patent: 0900151
Patent: FORMA CRISTALINA DE 1-(B-D-GLUCOPIRANOSIL) -4-METIL-3-[5-4--FLUOROFENIL)-2-TIENILMETIL] HEMIDRATO DE BENCENO
Estimated Expiration: ⤷  Subscribe

Honduras

Patent: 09001135
Patent: FORMA CRISTALINAS DEL HEMIHIDRATO DE 1-(B-D-GLUCOPIRANOSIL)- 4-METIL,3-{5-(4-FLUOROFENIL)-2-TIENILMETIL} BENCENO
Estimated Expiration: ⤷  Subscribe

Israel

Patent: 9032
Patent: CRYSTALLINE HEMIHYDRATE OF 1-(BETA-D--GLUCOPYRANOSTYL) -4-METHYL-3-[5-(4-FLUOROPHENYL)-2-THIENYLMETHYL BENZENE AND COMPOSITIONS COMPRISING THE SAME
Estimated Expiration: ⤷  Subscribe

Japan

Patent: 59788
Estimated Expiration: ⤷  Subscribe

Patent: 10511602
Estimated Expiration: ⤷  Subscribe

Malaysia

Patent: 3702
Patent: CRYSTALLINE FORM OF 1-(B-D-GLUCOPYRANOSYL)-4-METHYL-3-[5-(4-FLUOROPHENYL)-2-THIENYLMETHYL]BENZENE HEMIHYDRATE
Estimated Expiration: ⤷  Subscribe

Mexico

Patent: 09005857
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(BETA-D-GLUCOPIRANOSIL)-4-ME TIL-3[5-(4-FLUOROFENIL)-2-TIENILMETIL]BENCENO. (CRYSTALLINE FORM OF 1- (β-D-GLUCOPYRANOSYL) -4 -METHYL- 3- [5- (4 -FLUOROPHENYL) -2-THIENYLMETHYL] BENZENE HEMIHYDRATE.)
Estimated Expiration: ⤷  Subscribe

Montenegro

Patent: 829
Patent: KRISTALNI OBLIK 1-(β-D-GLUKOPIRANOZIL) -4-METIL- 3-[5- (4-FLUORFENIL)-2-TIENILMETIL]BENZEN HEMIHIDRAT (CRYSTALLINE FORM OF 1- (ß-D-GLUCOPYRANOSYL) -4 -METHYL- 3- [5- (4 -FLUOROPHENYL) -2-THIENYLMETHYL]BENZENE HEMIHYDRATE)
Estimated Expiration: ⤷  Subscribe

New Zealand

Patent: 7545
Patent: CRYSTALLINE FORM OF 1- (BETA-D-GLUCOPYRANOSYL) -4 -METHYL- 3- [5- (4 -FLUOROPHENYL) -2-THIENYLMETHYL] BENZENE HEMIHYDRATE
Estimated Expiration: ⤷  Subscribe

Nicaragua

Patent: 0900113
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(Beta-D-GLUCOPIRANOSIL)-4-METIL-3-[5-(4-FLUOROFENIL)-2-TIENILMETIL] BENCENO.
Estimated Expiration: ⤷  Subscribe

Norway

Patent: 4354
Estimated Expiration: ⤷  Subscribe

Patent: 091778
Estimated Expiration: ⤷  Subscribe

Panama

Patent: 59401
Estimated Expiration: ⤷  Subscribe

Peru

Patent: 081201
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(B-D-GLUCOPIRANOSIL)-4-METIL-3-[5-(4-FLUOROFENIL)-2-TIENILMETIL]BENCENO
Estimated Expiration: ⤷  Subscribe

Patent: 110841
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(ß-D-GLUCOPIRANOSIL)-4-METIL-3-[5-(4-FLUOROFENIL)-2-TIENILMETIL]BENCENO
Estimated Expiration: ⤷  Subscribe

Patent: 130591
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(B-D-GLUCOPIRANOSIL)-4-METIL-3-[5-(4-FLUOROFENIL)-2-TIENILMETIL]BENCENO
Estimated Expiration: ⤷  Subscribe

Poland

Patent: 02224
Estimated Expiration: ⤷  Subscribe

Portugal

Patent: 02224
Estimated Expiration: ⤷  Subscribe

Serbia

Patent: 274
Patent: KRISTALNI OBLIK 1-(β-D-GLUKOPIRANOZIL)-4-METIL-3-[5-(4-FLUORFENIL)-2-TIENILMETIL]BENZEN HEMIHIDRAT (CRYSTALLINE FORM OF 1- (SS-D-GLUCOPYRANOSYL) -4 -METHYL- 3- [5- (4 -FLUOROPHENYL) -2-THIENYLMETHYL]BENZENE HEMIHYDRATE)
Estimated Expiration: ⤷  Subscribe

Slovenia

Patent: 02224
Estimated Expiration: ⤷  Subscribe

South Africa

Patent: 0903941
Patent: Crystalline form of 1- (Beta-D-Glucopyranosyl)-4-methyl-3-[5-(4-fluorophenyl)-2-thienylmethyl] benzene hemihydrate
Estimated Expiration: ⤷  Subscribe

South Korea

Patent: 1146095
Estimated Expiration: ⤷  Subscribe

Patent: 090086282
Patent: CRYSTALLINE FORM OF 1-(beta;-D-GLUCOPYRANOSYL)-4-METHYL-3-[5-(4-FLUOROPHENYL)-2-THIENYLMETHYL]BENZENE HEMIHYDRATE
Estimated Expiration: ⤷  Subscribe

Spain

Patent: 56640
Estimated Expiration: ⤷  Subscribe

Taiwan

Patent: 03325
Estimated Expiration: ⤷  Subscribe

Patent: 0829259
Patent: Crystalline form of 1-(&bgr;-D-glucopyranosyl)-4-methyl-3-[5-(4-fluorophenyl)-2-thienylmethyl]benzene hemihydrate
Estimated Expiration: ⤷  Subscribe

Ukraine

Patent: 135
Patent: КРИСТАЛІЧНА ФОРМА ГЕМІГІДРАТУ 1-(β-D-ГЛЮКОПІРАНОЗИЛ)-4-МЕТИЛ-3-[5-(4-ФТОРФЕНІЛ)-2-ТІЕНІЛМЕТИЛ]БЕНЗОЛУ[КРИСТАЛЛИЧЕСКАЯ ФОРМА ГЕМИГИДРАТА 1-(b-D-ГЛЮКОПИРАНОЗИЛ)-4-МЕТИЛ-3-[5-(4-ФТОРФЕНИЛ)-2-ТИЭНИЛМЕТИЛ]БЕНЗОЛА (CRYSTALLINE FORM OF 1-(в-D-GLUCOPYRANOSYL)-4-METHYL-3-[5-(4-FLUOROPHENYL)-2-THIENYLMETHYL] BENZENE HEMIHYDRATE)
Estimated Expiration: ⤷  Subscribe

Uruguay

Patent: 730
Patent: FORMA CRISTALINA DEL HEMIHIDRATO DE 1-(B (BETA)-D-GLUCOPIRANOSIL) -4-METIL-3-[5-(4-FLUOROFENIL) -2-TIENILMETIL]BENCENO
Estimated Expiration: ⤷  Subscribe

Generics may enter earlier, or later, based on new patent filings, patent extensions, patent invalidation, early generic licensing, generic entry preferences, and other factors.

See the table below for additional patents covering INVOKAMET around the world.

Country Patent Number Title Estimated Expiration
Australia 2004260760 Novel compounds ⤷  Subscribe
Taiwan 200637852 Indole derivatives ⤷  Subscribe
Eurasian Patent Organization 011025 НОВЫЕ СОЕДИНЕНИЯ (NOVEL COMPOUNDS) ⤷  Subscribe
World Intellectual Property Organization (WIPO) 2005012321 ⤷  Subscribe
>Country >Patent Number >Title >Estimated Expiration

Supplementary Protection Certificates for INVOKAMET

Patent Number Supplementary Protection Certificate SPC Country SPC Expiration SPC Description
1651658 C01651658/01 Switzerland ⤷  Subscribe PRODUCT NAME: CANAGLIFLOZIN; REGISTRATION NO/DATE: SWISSMEDIC-ZULASSUNG 62956 29.01.2014
1651658 2014C/027 Belgium ⤷  Subscribe PRODUCT NAME: CANAGLIFLOZINE; AUTHORISATION NUMBER AND DATE: EU/1/13/884 20131119
1651658 C300670 Netherlands ⤷  Subscribe PRODUCT NAME: CANAGLIFLOZINE; REGISTRATION NO/DATE: EU/1/13/884/001-008 20131118
1651658 29/2014 Austria ⤷  Subscribe PRODUCT NAME: CANAGLIFLOZIN; REGISTRATION NO/DATE: EU/1/13/884 20131115
>Patent Number >Supplementary Protection Certificate >SPC Country >SPC Expiration >SPC Description

INVOKAMET Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for INVOKAMET

Introduction

INVOKAMET, a combination of canagliflozin (Invokana) and metformin, is a medication used to treat type 2 diabetes. Understanding its market dynamics and financial trajectory is crucial for stakeholders, including pharmaceutical companies, investors, and healthcare professionals.

Market Share and Competition

INVOKAMET operates in a competitive landscape dominated by SGLT2 inhibitors. As of 2017, Invokana, the primary component of INVOKAMET, held a significant market share but was losing ground to its main competitor, Jardiance (empagliflozin), developed by Eli Lilly and Boehringer Ingelheim. Invokana's market share dropped from 51% to 45% between December and July of that year, while Jardiance's share increased from 16% to 23% during the same period[1].

Sales Performance

The sales performance of INVOKAMET has been impacted by several factors, including increased contracting discounts and higher utilization in Medicaid programs. In the second quarter of 2017, Invokana's sales were $76 million below consensus estimates, reflecting a 20.5% shortfall. This decline was part of a broader trend where Invokana's sales were affected by market share losses and other economic factors[1].

Financial Impact

The financial performance of INVOKAMET is closely tied to the overall performance of its parent drug, Invokana. The decline in Invokana's sales has had a significant impact on Johnson & Johnson's financials. For instance, the reduced market share and increased discounts led to lower revenue and profitability for the drug[1].

Market Trends and Growth

The diabetes treatment market is evolving, with new drugs and therapies emerging. The GLP-1 market, for example, is expanding rapidly due to the efficacy of these drugs in treating obesity and other conditions. While INVOKAMET is not a GLP-1 drug, the overall growth in the diabetes treatment market can influence its sales. However, INVOKAMET faces stiff competition from newer and more versatile treatments[3].

Pricing and Cost Factors

Pricing is a critical factor in the pharmaceutical market. INVOKAMET's pricing strategy has been affected by increased competition and the need to offer discounts to maintain market share. The higher utilization in Medicaid programs, which often negotiate lower prices, has also impacted the drug's revenue. As the market becomes more competitive, the pricing pressure on INVOKAMET is likely to continue[1].

Regulatory and Safety Concerns

Regulatory and safety concerns can significantly impact the financial trajectory of a drug. For Invokana, new warnings and safety concerns have been a challenge. For example, warnings related to amputations and other adverse effects have affected its market perception and sales. These concerns can lead to increased regulatory scrutiny and potential legal liabilities, further impacting the drug's financial performance[1].

Patient Population and Demand

The demand for INVOKAMET is influenced by the size and needs of the patient population. The diabetes market is large and growing, but the specific demand for SGLT2 inhibitors like INVOKAMET can be affected by the availability of alternative treatments. As new drugs with broader therapeutic benefits, such as GLP-1s, enter the market, the demand for INVOKAMET may be impacted[3].

Future Outlook

The future outlook for INVOKAMET is complex and influenced by multiple factors. The drug's ability to maintain market share will depend on its pricing strategy, the introduction of new competitors, and any changes in regulatory or safety profiles. Additionally, the overall trend towards more effective and versatile diabetes treatments could further challenge INVOKAMET's market position.

Impact of New Therapies

New therapies, particularly GLP-1 drugs, are expected to significantly expand the diabetes treatment market. These drugs, such as semaglutide (Wegovy), have shown promising results in reducing major cardiovascular events and treating other serious health conditions. The potential introduction of oral GLP-1s could further disrupt the market, offering patients more affordable and convenient treatment options[3].

Cost Structure and Manufacturing

The cost structure and manufacturing efficiency of INVOKAMET will be crucial in maintaining its competitiveness. As the market becomes more competitive, the ability to reduce costs without compromising quality will be essential. This could involve optimizing manufacturing processes and negotiating better deals with suppliers.

Global Market Potential

The global market potential for diabetes treatments is vast, with estimates suggesting a total addressable market of around $100 billion for GLP-1 drugs alone. While INVOKAMET operates in a different segment, the overall growth in the diabetes market presents opportunities for all treatments. However, INVOKAMET must navigate the competitive landscape to capitalize on these opportunities[3].

Key Takeaways

  • Market Share: INVOKAMET faces significant competition, particularly from Jardiance, leading to a decline in market share.
  • Sales Performance: The drug's sales have been impacted by increased discounts and higher Medicaid utilization.
  • Financial Impact: The decline in sales has affected Johnson & Johnson's financials, highlighting the need for strategic adjustments.
  • Market Trends: The emergence of new therapies, such as GLP-1 drugs, is reshaping the diabetes treatment market.
  • Pricing and Cost Factors: Pricing pressure and cost management are critical for maintaining competitiveness.
  • Regulatory and Safety Concerns: Safety warnings and regulatory issues can significantly impact the drug's market position.
  • Future Outlook: The future of INVOKAMET depends on its ability to adapt to market changes, including the introduction of new therapies and changes in patient demand.

FAQs

What is the current market share of INVOKAMET compared to its competitors?

As of 2017, Invokana, the primary component of INVOKAMET, held a market share of 45%, down from 51% in December of the same year, while Jardiance held 23%, up from 16%[1].

How have sales of INVOKAMET been affected by market dynamics?

Sales of INVOKAMET have been impacted by increased contracting discounts, higher utilization in Medicaid programs, and loss of market share to competitors like Jardiance[1].

What are the key factors influencing the financial trajectory of INVOKAMET?

Key factors include market share losses, pricing pressure, regulatory and safety concerns, and the emergence of new and more versatile diabetes treatments[1][3].

How does the introduction of new therapies like GLP-1 drugs affect INVOKAMET?

The introduction of GLP-1 drugs, which offer broader therapeutic benefits and potentially lower costs, could further challenge INVOKAMET's market position and demand[3].

What is the estimated global market potential for diabetes treatments?

The estimated global market potential for diabetes treatments, particularly for GLP-1 drugs, is around $100 billion, indicating a large and growing market[3].

Sources

  1. FiercePharma: J&J's Invokana continues downward market-share spiral as Lilly, BI's Jardiance advances[1].
  2. Mitsubishi Gas Chemical: Operational Summary for the First Quarter of Fiscal Year Ending[2].
  3. Goldman Sachs: Weighing the GLP-1 market[3].
  4. GlobalData: Net Present Value Model: Invokana/Invokamet[4].
  5. PharmaCompass: INVOKAMET | Annual Sales Report[5].

More… ↓

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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.