You're using a free limited version of DrugPatentWatch: Upgrade for Complete Access

Last Updated: December 22, 2024

~ Buy the MYDCOMBI (phenylephrine hydrochloride; tropicamide) Drug Profile, 2024 PDF Report in the Report Store ~

MYDCOMBI Drug Patent Profile


✉ Email this page to a colleague

« Back to Dashboard


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

Mydcombi is a drug marketed by Eyenovia and is included in one NDA. There are three patents protecting this drug.

This drug has forty-four patent family members in fourteen countries.

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

DrugPatentWatch® Generic Entry Outlook for Mydcombi

By analyzing the patents and regulatory protections it appears that the earliest date for generic entry will be May 5, 2026. This may change due to patent challenges or generic licensing.

Indicators of Generic Entry

< Available with Subscription >

  Subscribe

AI Research Assistant
Questions you can ask:
  • What is the 5 year forecast for MYDCOMBI?
  • What are the global sales for MYDCOMBI?
  • What is Average Wholesale Price for MYDCOMBI?
Summary for MYDCOMBI
International Patents:44
US Patents:3
Applicants:1
NDAs:1
Finished Product Suppliers / Packagers: 1
What excipients (inactive ingredients) are in MYDCOMBI?MYDCOMBI excipients list
DailyMed Link:MYDCOMBI at DailyMed
Drug patent expirations by year for MYDCOMBI
DrugPatentWatch® Estimated Loss of Exclusivity (LOE) Date for MYDCOMBI
Generic Entry Date for MYDCOMBI*:
Constraining patent/regulatory exclusivity:
NEW PRODUCT
NDA:
Dosage:
SPRAY, METERED;OPHTHALMIC

*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.

Pharmacology for MYDCOMBI

US Patents and Regulatory Information for MYDCOMBI

MYDCOMBI is protected by three US patents and one FDA Regulatory Exclusivity.

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

This potential generic entry date is based on NEW PRODUCT.

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
Eyenovia MYDCOMBI phenylephrine hydrochloride; tropicamide SPRAY, METERED;OPHTHALMIC 215352-001 May 5, 2023 RX Yes Yes ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Eyenovia MYDCOMBI phenylephrine hydrochloride; tropicamide SPRAY, METERED;OPHTHALMIC 215352-001 May 5, 2023 RX Yes Yes ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Eyenovia MYDCOMBI phenylephrine hydrochloride; tropicamide SPRAY, METERED;OPHTHALMIC 215352-001 May 5, 2023 RX Yes Yes ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Eyenovia MYDCOMBI phenylephrine hydrochloride; tropicamide SPRAY, METERED;OPHTHALMIC 215352-001 May 5, 2023 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

International Patents for MYDCOMBI

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

Country Patent Number Title Estimated Expiration
Chile 2013000153 Metodo para entregar una solucion de un medicamento a un ojo de un sujeto que lo necesita, comprende, el proveer gotitas que contienen dicho medicamento, en donde dichas gotitas tienen un tamaño promedio de gotita por lo menos de aproximadamente 15 micrones y una velocidad de eyeccion inicial promedio entre 1 m/s y 5 m/s, y entregar dicho medicamento a dicho ojo, donde entre aproximadamente 80% y 100% de la masa de dichas gotitas es depositado en el ojo. ⤷  Subscribe
Chile 2013000152 Dispositivo para entregar un fluido a un objetivo, donde el dispositivo comprende: una caja, un deposito dispuesto dentro de la caja, un mecanismo eyector configurado para eyectar una corriente de gotitas que tienen un diametro promedio de las gotitas eyectadas mayor que 15 micrones, teniendo la corriente de gotitas un bajo flujo de aire retenido de manera que la corriente de gotitas se deposite sobre un objetivo durante el uso; metodo. ⤷  Subscribe
Canada 2805635 PROCEDE ET SYSTEME DE REALISATION D'UN TRAITEMENT ET D'UNE SURVEILLANCE A DISTANCE (METHOD AND SYSTEM FOR PERFORMING REMOTE TREATMENT AND MONITORING) ⤷  Subscribe
Japan 5964826 ⤷  Subscribe
Eurasian Patent Organization 201390122 УСТРОЙСТВО ДЛЯ ГЕНЕРИРОВАНИЯ КАПЕЛЬ ⤷  Subscribe
>Country >Patent Number >Title >Estimated Expiration

Supplementary Protection Certificates for MYDCOMBI

Patent Number Supplementary Protection Certificate SPC Country SPC Expiration SPC Description
1534313 92923 Luxembourg ⤷  Subscribe PRODUCT NAME: UNE SOLUTION D'IRRIGATION OCULAIRE COMPRENANT DE LA PHENYLEPHRINE OU UN SEL PHARMACEUTIQUEMENT ACCEPTABLE DE CELLE-CI ET DU KETOROLAC OU UN SEL PHARMACEUTIQUEMENT ACCEPTABLE DE CELUI-CI; FIRST REGISTRATION: 20150730
1534313 2015/071 Ireland ⤷  Subscribe PRODUCT NAME: AN OCULAR IRRIGATION SOLUTION COMPRISING PHENYLEPHRINE OR A PHARMACEUTICALLY ACCEPTABLE SALT THEREOF AND KETOROLAC OR A PHARMACEUTICALLY ACCEPTABLE SALT THEREOF; REGISTRATION NO/DATE: EU/1/15/1018 20150728
1534313 15C0090 France ⤷  Subscribe PRODUCT NAME: SOLUTION D'IRRIGATION OCULAIRE COMPRENANT DE LA PHENYLEPHRINE OU UN SEL PHARMACEUTIQUEMENT ACCEPTABLE DE CELLE-CI ET DU KETOROLAC OU UN SEL PHARMACEUTIQUEMENT ACCEPTABLE DE CELUI-CI; REGISTRATION NO/DATE: EU/1/15/1018 20150728
>Patent Number >Supplementary Protection Certificate >SPC Country >SPC Expiration >SPC Description

MYDCOMBI Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Mydcombi

Introduction

Mydcombi, developed by Eyenovia Inc., is a groundbreaking ophthalmic product that has recently entered the market, marking a significant milestone in the field of ophthalmology. This article delves into the market dynamics and financial trajectory of Mydcombi, highlighting its potential, challenges, and the company's strategic plans.

FDA Approval and Commercial Launch

Mydcombi, a fixed combination of tropicamide and phenylephrine hydrochloride ophthalmic spray, received FDA approval on May 8, 2023. This approval was a crucial step towards its commercialization, which began with the first commercial sale in August 2023[4].

Market Opportunity

Mydcombi addresses a substantial market need, particularly in the context of pupil dilation for comprehensive eye exams and surgical procedures. With over 106 million office-based comprehensive eye exams performed annually in the U.S., Mydcombi is poised to streamline these procedures by offering a more convenient and efficient method of pupil dilation[4].

Competitive Advantage

Mydcombi is the first FDA-approved fixed combination of tropicamide and phenylephrine, and it utilizes Eyenovia's proprietary Optejet dispensing platform. This technology provides a metered spray delivery, which is more user-friendly and potentially safer compared to conventional multiple eye drops. This unique selling proposition is expected to capture a significant share of the mydriasis market[4].

Commercial Expansion

Eyenovia has been actively expanding the reach of Mydcombi. As of the third quarter of 2024, Mydcombi has been introduced to 230 new offices, and the company has secured commercial licenses for sale in 16 states, representing more than half of the U.S. targeted population[2][3].

Sales and Marketing Strategy

Eyenovia has hired, trained, and deployed a field sales force to promote Mydcombi. The company has also entered into a co-promotion agreement with NovaBay, which will help in reaching a broader audience of eye care professionals. This strategic partnership is expected to enhance the sales of Mydcombi by leveraging NovaBay's extensive network[3].

Financial Performance

Despite the promising market potential, Eyenovia's financial results for 2024 reflect ongoing challenges. The company reported a net loss of $7.9 million in the third quarter of 2024, compared to a net loss of $7.3 million in the same period of 2023. Operating expenses increased by 10.6% to $7.2 million, with significant contributions from research and development and selling, general, and administrative expenses[2][5].

Revenue Projections

While Mydcombi has just begun its commercial journey, Eyenovia is optimistic about its revenue potential. The company anticipates meaningful sales growth over the next 18 months, driven by the commercialization of Mydcombi and another FDA-approved product, clobetasol propionate ophthalmic suspension. These products are expected to leverage the existing sales force and contribute significantly to the company's revenue[1][3].

Cash Runway and Funding

Eyenovia is currently evaluating long-term financing options due to its low cash position of $7.2 million. The company has generated $16 million in license fees from Arctic Vision and may receive an additional $25 million in milestones plus sales royalties. These financial arrangements are crucial for supporting the company's corporate strategy and product development[2][3].

Strategic Partnerships

Eyenovia is actively exploring strategic partnerships to expedite the development and commercialization of its products. The collaboration with NovaBay and Vision Source, along with the reacquisition of MicroPine rights, underscores the company's commitment to expanding its product portfolio and enhancing its market presence[3].

Future Outlook

The future of Mydcombi looks promising, with several factors contributing to its potential success:

  • Market Size: The mydriasis market, particularly in the context of comprehensive eye exams and cataract surgeries, is substantial.
  • Unique Technology: The Optejet platform offers a differentiated delivery method that could capture a mid-single digit market share over the next few years.
  • Strategic Partnerships: Collaborations with NovaBay and Vision Source are expected to boost sales and reach a broader audience.
  • Regulatory Pathway: Plans to engage with the FDA for additional indications, such as dry eye treatment, could further expand Mydcombi's market potential[3].
"Eyenovia is actively exploring options to expedite the development and registration of MicroPine. The company is maintaining MicroLine in their portfolio for potential future use. They are evaluating options to increase cash resources for funding their corporate strategy."[3]

Key Takeaways

  • FDA Approval: Mydcombi received FDA approval in May 2023 and began commercial sales in August 2023.
  • Market Opportunity: Addresses a significant market need in pupil dilation for eye exams and surgeries.
  • Competitive Advantage: Utilizes Eyenovia's proprietary Optejet dispensing platform.
  • Commercial Expansion: Introduced to 230 new offices and licensed for sale in 16 states.
  • Financial Performance: Reported net losses but anticipates meaningful sales growth.
  • Strategic Partnerships: Collaborations with NovaBay and Vision Source to enhance sales.
  • Future Outlook: Promising market potential with plans for additional indications.

FAQs

What is Mydcombi and how does it work?

Mydcombi is a fixed combination of tropicamide and phenylephrine hydrochloride ophthalmic spray, approved by the FDA for pupil dilation. It uses Eyenovia's proprietary Optejet dispensing platform, providing a metered spray delivery.

When did Mydcombi receive FDA approval?

Mydcombi received FDA approval on May 8, 2023.

What is the market potential for Mydcombi?

Mydcombi addresses a substantial market need, particularly in comprehensive eye exams and cataract surgeries, with over 106 million office-based exams performed annually in the U.S.

How is Eyenovia expanding the reach of Mydcombi?

Eyenovia has introduced Mydcombi to 230 new offices and secured commercial licenses for sale in 16 states. The company has also entered into co-promotion agreements with NovaBay and Vision Source.

What are the financial challenges facing Eyenovia?

Eyenovia reported a net loss of $7.9 million in the third quarter of 2024 and is evaluating long-term financing options due to its low cash position.

What are the future plans for Mydcombi?

Eyenovia plans to engage with the FDA for additional indications, such as dry eye treatment, and is exploring strategic partnerships to expedite product development and commercialization.

Sources

  1. Eyenovia Reports First Quarter 2024 Financial Results and Provides Updates on Its Myopia Phase III Program and Its Two FDA-Approved Commercial Products, Mydcombi and Clobetasol. BioSpace.
  2. Eyenovia Reports Third Quarter 2024 Financial Results and Provides Updates. Stock Titan.
  3. Earnings call: Eyenovia outlines strategic plans and financials for 2023. Investing.com.
  4. Eyenovia Announces First Commercial Sale of Mydcombi. BioSpace.
  5. Eyenovia Reports Third Quarter 2024 Financial Results and Provides Updates. Eyenovia Investor Relations.

More… ↓

⤷  Subscribe

Make Better Decisions: Try a trial or see plans & pricing

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.