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Last Updated: December 27, 2024

MIOCHOL-E Drug Patent Profile


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When do Miochol-e patents expire, and what generic alternatives are available?

Miochol-e is a drug marketed by Bausch And Lomb and is included in one NDA.

The generic ingredient in MIOCHOL-E is acetylcholine chloride. There are three drug master file entries for this compound. One supplier is listed for this compound. Additional details are available on the acetylcholine chloride profile page.

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Drug patent expirations by year for MIOCHOL-E
Recent Clinical Trials for MIOCHOL-E

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SponsorPhase
University Hospital, LinkoepingN/A
University of PittsburghPhase 1
Gladwin, Mark, MDPhase 1

See all MIOCHOL-E clinical trials

US Patents and Regulatory Information for MIOCHOL-E

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Bausch And Lomb MIOCHOL-E acetylcholine chloride FOR SOLUTION;OPHTHALMIC 020213-001 Sep 22, 1993 RX Yes Yes ⤷  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

MIOCHOL-E Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Miochol-E

Introduction

Miochol-E, an acetylcholine chloride intraocular solution, is a brand-name medication manufactured by Bausch + Lomb and approved by the FDA for use in ophthalmic surgeries. Here, we delve into the market dynamics and financial trajectory of Miochol-E, highlighting its usage, costs, and comparative analysis with other similar medications.

Approval and Formulation

Miochol-E was approved by the FDA on September 22, 1993, and is available in a formulation of 20MG/VIAL for ophthalmic use[1].

Market Presence

Currently, there is no therapeutically equivalent generic version of Miochol-E available in the United States. This lack of generic competition can influence its market pricing and usage[1].

Cost Analysis

A significant aspect of Miochol-E's market dynamics is its cost. The medication is more expensive compared to its alternative, Miostat (carbachol intraocular solution 0.01%). The cost per unit of Miochol-E is $63.72, whereas Miostat costs $13.08 per unit[2][4].

Usage in Ophthalmic Surgeries

Miochol-E and Miostat are used to induce miosis during ophthalmic surgeries and to reduce intraocular pressure (IOP) spikes after cataract surgery. Despite the higher cost, Miochol-E remains a preferred choice for many ophthalmologists, largely due to a lack of awareness about the differences in cost and efficacy between the two medications[2][4].

Survey Findings

A survey involving 102 retina specialists revealed that:

  • 69% of respondents use these miotic medications in less than 5% of their surgeries.
  • 40% prefer Miochol-E, 16% prefer Miostat, and 44% have no preference.
  • A significant majority (65%, 74%, and 91%) are unaware of the differences in duration of action, mechanism of action, and cost between Miochol-E and Miostat[2][4].

Financial Implications

The cost difference between Miochol-E and Miostat has substantial financial implications for ophthalmic surgery centers. For instance, a surgery center that purchased 237 units of Miochol-E in one year could have saved an estimated $11,000 by switching to Miostat[2][4].

Mechanism and Duration of Action

Miochol-E acts as a parasympathomimetic agent, mediating direct effects at cholinergic receptors and being rapidly degraded by the acetylcholinesterase enzyme. In contrast, Miostat (carbachol) has a longer duration of action. This difference in mechanism and duration can impact the choice of medication, although it is often overlooked by practitioners[4].

Industry Trends and Awareness

The preference for Miochol-E despite its higher cost and shorter duration of action highlights a lack of awareness among ophthalmologists about the cost and efficacy differences between these medications. Increasing awareness and education could shift market dynamics, potentially leading to a greater adoption of the more cost-effective Miostat[2][4].

Potential Savings

By switching from Miochol-E to Miostat, ophthalmic surgery centers can achieve significant cost savings. This shift could be particularly beneficial in a healthcare environment where cost containment is increasingly important. For example, a complete switch at one surgery center resulted in an estimated savings of $11,000 in one year[2][4].

Regulatory and Safety Considerations

It is crucial to note that any medication purchase, especially online, should be from reputable sources to avoid counterfeit medications. The absence of a generic version of Miochol-E also means that any generic versions available online could be fraudulent and potentially unsafe[1].

Conclusion

Miochol-E's market dynamics are characterized by its high cost, limited awareness among practitioners about its comparative efficacy and cost, and the absence of a generic equivalent. The financial trajectory of Miochol-E is influenced by these factors, making it a costly choice for ophthalmic surgeries despite its widespread use.

Key Takeaways

  • Miochol-E is a brand-name medication with no generic equivalent available.
  • It is more expensive than its alternative, Miostat.
  • Lack of awareness among ophthalmologists about cost and efficacy differences affects its usage.
  • Significant cost savings can be achieved by switching to Miostat.
  • Increasing awareness and education could shift market preferences.

FAQs

  1. Is there a generic version of Miochol-E available? No, there is currently no therapeutically equivalent generic version of Miochol-E available in the United States[1].

  2. How does the cost of Miochol-E compare to Miostat? Miochol-E costs $63.72 per unit, while Miostat costs $13.08 per unit[2][4].

  3. Why do ophthalmologists prefer Miochol-E over Miostat? The preference for Miochol-E is largely due to a lack of awareness about the differences in cost and efficacy between the two medications[2][4].

  4. What are the potential savings from switching from Miochol-E to Miostat? A surgery center could save an estimated $11,000 in one year by switching from Miochol-E to Miostat[2][4].

  5. What are the implications of using counterfeit medications? Using counterfeit medications can be potentially unsafe. It is crucial to purchase medications from reputable sources to avoid such risks[1].

Sources

  1. Drugs.com - Generic Miochol-E Availability
  2. Retina Today - The Cost Efficiency of Miotics Use in Ophthalmic Surgeries
  3. ASHP - Strategic Directions in System Formulary, Drug Policy, and High-Cost Drugs Whitepaper
  4. Retina Today - The Cost Efficiency of Miotics Use in Ophthalmic Surgeries

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