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Last Updated: December 23, 2024

LIVALO Drug Patent Profile


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

Livalo is a drug marketed by Kowa Co and is included in one NDA. There are two patents protecting this drug and one Paragraph IV challenge.

This drug has fifty-three patent family members in seventeen countries.

The generic ingredient in LIVALO is pitavastatin calcium. There are fifteen drug master file entries for this compound. Eleven suppliers are listed for this compound. Additional details are available on the pitavastatin calcium profile page.

DrugPatentWatch® Litigation and Generic Entry Outlook for Livalo

A generic version of LIVALO was approved as pitavastatin calcium by AUROBINDO PHARMA on December 20th, 2016.

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Drug patent expirations by year for LIVALO
Drug Prices for LIVALO

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Drug Sales Revenue Trends for LIVALO

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Recent Clinical Trials for LIVALO

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

SponsorPhase
Brigham and Women's HospitalPhase 4
AmgenPhase 4
HealthCore-NERIPhase 3

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Pharmacology for LIVALO
Paragraph IV (Patent) Challenges for LIVALO
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
LIVALO Tablets pitavastatin calcium 1 mg, 2 mg, and 4 mg 022363 7 2013-08-05

US Patents and Regulatory Information for LIVALO

LIVALO is protected by two US patents.

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Kowa Co LIVALO pitavastatin calcium TABLET;ORAL 022363-001 Aug 3, 2009 AB RX Yes No ⤷  Subscribe ⤷  Subscribe Y ⤷  Subscribe
Kowa Co LIVALO pitavastatin calcium TABLET;ORAL 022363-002 Aug 3, 2009 AB RX Yes No ⤷  Subscribe ⤷  Subscribe Y ⤷  Subscribe
Kowa Co LIVALO pitavastatin calcium TABLET;ORAL 022363-001 Aug 3, 2009 AB RX Yes No ⤷  Subscribe ⤷  Subscribe Y ⤷  Subscribe
Kowa Co LIVALO pitavastatin calcium TABLET;ORAL 022363-002 Aug 3, 2009 AB RX Yes No ⤷  Subscribe ⤷  Subscribe Y ⤷  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 LIVALO

Applicant Tradename Generic Name Dosage NDA Approval Date Patent No. Patent Expiration
Kowa Co LIVALO pitavastatin calcium TABLET;ORAL 022363-002 Aug 3, 2009 ⤷  Subscribe ⤷  Subscribe
Kowa Co LIVALO pitavastatin calcium TABLET;ORAL 022363-001 Aug 3, 2009 ⤷  Subscribe ⤷  Subscribe
Kowa Co LIVALO pitavastatin calcium TABLET;ORAL 022363-003 Aug 3, 2009 ⤷  Subscribe ⤷  Subscribe
Kowa Co LIVALO pitavastatin calcium TABLET;ORAL 022363-003 Aug 3, 2009 ⤷  Subscribe ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >Patent No. >Patent Expiration

International Patents for LIVALO

See the table below for patents covering LIVALO around the world.

Country Patent Number Title Estimated Expiration
World Intellectual Property Organization (WIPO) 2004072040 ⤷  Subscribe
South Korea 960000852 ⤷  Subscribe
European Patent Office 1715865 AGENT THERAPEUTIQUE CONTRE L HYPERLIPÉMIE CONTENANT DES PITAVASTATINES ET L'ACIDE EICOSAPENTAÉNOÏQUE (HYPERLIPEMIA THERAPEUTIC AGENT COMPRISING PITAVASTATINS AND EICOSAPENTAENOIC ACID) ⤷  Subscribe
Taiwan 200420541 Crystalline forms ⤷  Subscribe
>Country >Patent Number >Title >Estimated Expiration

LIVALO Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for LIVALO (Pitavastatin)

Introduction to LIVALO (Pitavastatin)

LIVALO, known generically as pitavastatin, is a statin medication used to lower low-density lipoprotein cholesterol (LDL-C) in adults with primary hyperlipidemia and in pediatric patients aged 8 years and older with heterozygous familial hypercholesterolemia. Here, we delve into the market dynamics and financial trajectory of this crucial cardiovascular medication.

Market Size and Growth Projections

The global pitavastatin market, which includes LIVALO, is anticipated to experience significant growth. By 2023, the market size was valued at approximately USD 516.6 million and is projected to reach USD 910.6 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.5% from 2023 to 2032[1][4].

Key Drivers of Market Growth

Several factors are driving the growth of the pitavastatin market:

Increasing Cardiovascular Disease Prevalence

The rising global burden of cardiovascular diseases, including hyperlipidemia, is a primary driver. Growing awareness of the importance of cholesterol management contributes to increased demand for lipid-lowering medications like LIVALO[1][4].

Advancements in Pharmaceutical Formulations

Ongoing research and development have led to innovations in pitavastatin formulations, such as more convenient dosage forms and optimized release profiles. These enhancements improve patient adherence and treatment outcomes[1][4].

Focus on Preventive Healthcare

A shift towards preventive healthcare measures and an emphasis on cardiovascular risk reduction contribute to the growing adoption of pitavastatin. Healthcare providers increasingly prescribe these medications for individuals at risk of cardiovascular events[1][4].

Expanding Geriatric Population

The aging population is more prone to cardiovascular conditions, driving the demand for medications like LIVALO. As the global demographic landscape shifts towards an older age group, the market for pitavastatin is likely to expand[1].

Strategic Acquisitions and Partnerships

Pharmaceutical companies engaging in strategic acquisitions and partnerships to strengthen their product portfolios and market presence also contribute to the growth of the pitavastatin market. Collaborations enable access to new markets and resources[1].

Market Segmentation

The pitavastatin market is segmented by type, product, application, and end-user.

By Type

The market is segmented into 1 mg, 2 mg, and 4 mg strengths. Recent introductions by companies like Teva and Upsher-Smith have expanded the availability of these strengths, providing cost-effective options for cholesterol management[1][4].

By Product

The market includes tablets, capsules, and oral solutions. The introduction of generic versions, such as those by Teva and Upsher-Smith, has increased the product offerings in the market[1][4].

By Application

The primary application is in managing hyperlipidemia and preventing cardiovascular diseases. Hyperlipidemia is a significant risk factor for cardiovascular diseases, making pitavastatin a crucial medication in this segment[1][4].

By End User

The market is segmented into hospitals, clinics, retail pharmacies, and online pharmacies. Hospitals serve as vital distribution channels, offering both inpatient and outpatient access to the medication[4].

Regional Market Dynamics

North America

The North America pitavastatin market holds a significant revenue share. There is a noticeable shift towards an emphasis on combination therapies, with healthcare providers recommending pitavastatin alongside other cardiovascular medications to target various risk factors[4].

Asia Pacific

The Asia Pacific region is projected to grow at a rapid rate. The integration of digital health solutions, such as telehealth services, mobile apps, and online platforms, has improved patient accessibility, adherence, and monitoring of pitavastatin prescriptions[4].

Financial Trajectory and Recent Developments

Generic Entries

In 2023, Teva introduced an AB-rated generic version of LIVALO (pitavastatin) tablets, and Upsher-Smith introduced Pitavastatin Tablets in 1mg, 2mg, and 4mg strengths. These generic entries provide cost-effective options and are expected to influence market dynamics[1].

Market Revenue and CAGR

The market is expected to grow from USD 516.6 million in 2023 to USD 910.6 million by 2032, with a CAGR of 6.5% during the forecast period[1].

Impact of Government Initiatives and Healthcare Policies

Supportive government initiatives and healthcare policies aimed at reducing the burden of cardiovascular diseases play a crucial role in driving the pitavastatin market. Policies promoting early detection, diagnosis, and effective management of hyperlipidemia contribute to increased adoption[1].

Challenges and Opportunities

Evolving Regulatory Standards

Changes in healthcare policies and reimbursement structures can impact the affordability and accessibility of pitavastatin, influencing patient access and market demand. Evolving regulatory standards and challenges associated with obtaining approvals for new formulations or indications may present obstacles[4].

Patient Education and Awareness Programs

Post-COVID, healthcare providers may initiate targeted patient education and awareness programs to highlight the importance of managing hyperlipidemia and cardiovascular health. These programs can drive increased understanding among patients, leading to higher adherence to prescribed medications like LIVALO[1].

Key Players and Competitive Landscape

The pitavastatin market includes major players such as Pfizer Inc., AstraZeneca PLC, Novartis International AG, GlaxoSmithKline plc, and Teva Pharmaceutical Industries Ltd. These companies engage in strategic acquisitions, partnerships, and research and development activities to strengthen their market presence[4].

Conclusion

The market for LIVALO (pitavastatin) is poised for significant growth driven by increasing cardiovascular disease prevalence, advancements in pharmaceutical formulations, and a focus on preventive healthcare. The introduction of generic versions and strategic partnerships are key factors influencing the market dynamics. As the global healthcare landscape continues to evolve, the demand for effective lipid-lowering medications like LIVALO is expected to rise, contributing to the market's financial trajectory.

Key Takeaways

  • The global pitavastatin market is projected to reach USD 910.6 million by 2032, growing at a CAGR of 6.5% from 2023 to 2032.
  • Increasing cardiovascular disease prevalence and advancements in pharmaceutical formulations are key drivers of market growth.
  • The market is segmented by type, product, application, and end-user, with hospitals serving as vital distribution channels.
  • North America and the Asia Pacific region are significant markets, with a focus on combination therapies and digital health solutions.
  • Generic entries and strategic partnerships are influencing market dynamics.
  • Government initiatives and healthcare policies play a crucial role in driving the market.

FAQs

What is LIVALO (pitavastatin) used for?

LIVALO (pitavastatin) is used to lower low-density lipoprotein cholesterol (LDL-C) in adults with primary hyperlipidemia and in pediatric patients aged 8 years and older with heterozygous familial hypercholesterolemia.

What is the projected market size of the pitavastatin market by 2032?

The global pitavastatin market is projected to reach USD 910.6 million by 2032[1].

What are the key drivers of the pitavastatin market growth?

Key drivers include increasing cardiovascular disease prevalence, advancements in pharmaceutical formulations, focus on preventive healthcare, and an expanding geriatric population[1][4].

Who are the major players in the pitavastatin market?

Major players include Pfizer Inc., AstraZeneca PLC, Novartis International AG, GlaxoSmithKline plc, and Teva Pharmaceutical Industries Ltd.[4].

How do generic entries impact the pitavastatin market?

Generic entries provide cost-effective options, influencing market dynamics and potentially leading to price erosion and a reduction in market share for branded pitavastatin[1][4].

Cited Sources

  1. Custom Market Insights: "Global Pitavastatin Market Size Reach $910.6 Million 2032"[1].
  2. LivaNova: "LivaNova Reports Fourth-Quarter and Full-Year 2023 Results"[2].
  3. Harvard Scholar: "Explaining Prescription Drug Pricing Dynamics"[3].
  4. InsightAce Analytic: "Pitavastatin Market Current Scenario Analysis Report 2024-2031"[4].
  5. LivaNova: "LivaNova Reports Third-Quarter 2024 Results"[5].

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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.