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Last Updated: December 22, 2024

NEXIUM 24HR Drug Patent Profile


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Which patents cover Nexium 24hr, and when can generic versions of Nexium 24hr launch?

Nexium 24hr is a drug marketed by Astrazeneca Lp and is included in two NDAs.

The generic ingredient in NEXIUM 24HR is esomeprazole magnesium. There are seventy-four drug master file entries for this compound. One hundred and ten suppliers are listed for this compound. Additional details are available on the esomeprazole magnesium profile page.

DrugPatentWatch® Litigation and Generic Entry Outlook for Nexium 24hr

A generic version of NEXIUM 24HR was approved as esomeprazole magnesium by IVAX SUB TEVA PHARMS on January 26th, 2015.

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Drug patent expirations by year for NEXIUM 24HR
Drug Sales Revenue Trends for NEXIUM 24HR

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Recent Clinical Trials for NEXIUM 24HR

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

SponsorPhase
Alexandria UniversityPhase 3
Nanfang Hospital of Southern Medical UniversityPhase 4
Liaocheng People's HospitalPhase 1

See all NEXIUM 24HR clinical trials

Pharmacology for NEXIUM 24HR
Paragraph IV (Patent) Challenges for NEXIUM 24HR
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
NEXIUM 24HR Delayed-release Capsules esomeprazole magnesium 20 mg 204655 2014-04-24

US Patents and Regulatory Information for NEXIUM 24HR

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Astrazeneca Lp NEXIUM 24HR esomeprazole magnesium CAPSULE, DELAYED RELEASE;ORAL 204655-001 Mar 28, 2014 OTC Yes Yes ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Astrazeneca Lp NEXIUM 24HR esomeprazole magnesium TABLET, DELAYED RELEASE;ORAL 207920-001 Nov 23, 2015 OTC 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

Expired US Patents for NEXIUM 24HR

Applicant Tradename Generic Name Dosage NDA Approval Date Patent No. Patent Expiration
Astrazeneca Lp NEXIUM 24HR esomeprazole magnesium TABLET, DELAYED RELEASE;ORAL 207920-001 Nov 23, 2015 ⤷  Subscribe ⤷  Subscribe
Astrazeneca Lp NEXIUM 24HR esomeprazole magnesium CAPSULE, DELAYED RELEASE;ORAL 204655-001 Mar 28, 2014 ⤷  Subscribe ⤷  Subscribe
Astrazeneca Lp NEXIUM 24HR esomeprazole magnesium TABLET, DELAYED RELEASE;ORAL 207920-001 Nov 23, 2015 ⤷  Subscribe ⤷  Subscribe
Astrazeneca Lp NEXIUM 24HR esomeprazole magnesium CAPSULE, DELAYED RELEASE;ORAL 204655-001 Mar 28, 2014 ⤷  Subscribe ⤷  Subscribe
Astrazeneca Lp NEXIUM 24HR esomeprazole magnesium CAPSULE, DELAYED RELEASE;ORAL 204655-001 Mar 28, 2014 ⤷  Subscribe ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >Patent No. >Patent Expiration

Supplementary Protection Certificates for NEXIUM 24HR

Patent Number Supplementary Protection Certificate SPC Country SPC Expiration SPC Description
0984957 1290006-4 Sweden ⤷  Subscribe PRODUCT NAME: ACETYLSALICYLSYRA OCH ESOMEPRAZOLMAGNESIUMTRIHYDRAT; NAT. REG. NO/DATE: MTNR 44371 20110930; FIRST REG.: PT 5402359MFL 20110812
0984957 SPC/GB11/013 United Kingdom ⤷  Subscribe PRODUCT NAME: NAPROXEN AND ESOMEPRAZOLE; REGISTERED: UK PL 17901/0263-0001 20101105
0984957 PA2011005 Lithuania ⤷  Subscribe PRODUCT NAME: NAPROXENUM + ESOMEPRAZOLUM; REGISTRATION NO/DATE: LT/1/10/2302/001-LT/1/10/2302/012 20110126
0984957 122012000017 Germany ⤷  Subscribe PRODUCT NAME: ASPIRIN UND ESOMEPRAZOL - MAGNESIUM-TRIHYDRAT; NAT. REGISTRATION NO/DATE: 81047.00.00 20110930 FIRST REGISTRATION: PORTUGAL 5402359 5402367 5402375 20110812
0984957 CA 2012 00035 Denmark ⤷  Subscribe
>Patent Number >Supplementary Protection Certificate >SPC Country >SPC Expiration >SPC Description

NEXIUM 24HR Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for NEXIUM 24HR

Introduction

NEXIUM 24HR, a proton pump inhibitor (PPI) marketed by Pfizer, has significantly impacted the over-the-counter (OTC) antacid market since its introduction in 2014. Here, we delve into the market dynamics and financial trajectory of this drug.

Market Entry and Impact

In May 2014, Pfizer launched NEXIUM 24HR, marking a significant shift in the OTC antacid category. This launch followed an agreement between AstraZeneca and Pfizer in August 2012, where Pfizer acquired the global rights to market NEXIUM for OTC indications[2][4].

Immediate Market Impact

The introduction of NEXIUM 24HR led to a substantial increase in retail dollar sales for the OTC acid blocker category. It contributed to a nearly 30% increase in incremental retail dollar sales year over year, amounting to about $10.1 million in the months of June and July 2014 alone. This also added $2.5 million in margin dollars to the OTC drug channel, given an average retailer margin of 24.7%[1].

Competitive Landscape

Response from Competitors

The launch of NEXIUM 24HR had a profound impact on its competitors. Prilosec, a leading OTC acid blocker at the time, did not immediately adjust its promotional strategy, allowing NEXIUM 24HR to quickly dominate the market. As a result, dollar sales of NEXIUM’s competitors dropped by an average of 19% in the two months following its introduction[1].

Market Share and Dominance

NEXIUM 24HR quickly surpassed Prilosec in sales, becoming the dominant brand in the OTC antacids category by July 2014. The total OTC acid blocker units increased by 570,714 year over year, with NEXIUM 24HR accounting for 691,325 of these units. This indicates that NEXIUM not only added new consumers to the category but also drew sales away from other brands[1].

Financial Implications

Revenue and Margins

The financial performance of NEXIUM 24HR has been robust. The drug provided an additional 5.5% more in margin per unit compared to Prilosec, benefiting retailers significantly. Pfizer’s acquisition of the global rights for OTC NEXIUM included an upfront payment of $250 million to AstraZeneca, along with potential milestone and royalty payments based on product launches and sales[2].

Market Size and Growth

The esomeprazole market, which includes NEXIUM 24HR, is anticipated to grow from USD 1,904.40 million in 2024 to USD 2,872.07 million by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period. This growth is driven by factors such as an increasing aging population and changing lifestyles that lead to digestive health issues[3].

Consumer and Retailer Benefits

Increased Accessibility

The transition of NEXIUM from a prescription medication to an OTC drug made it more accessible to consumers. With 60 million adults affected by heartburn, including 15 million who suffer from it daily, the market demand for this product is strong[4].

Retailer Margins

The introduction of NEXIUM 24HR has been beneficial for drug retailers. The increased sales and higher margins per unit have enhanced the overall profitability of the OTC drug channel. Additionally, the competition driven by NEXIUM’s entry has led to more aggressive marketing and promotional strategies, ultimately benefiting consumers through increased choices and potentially lower prices[1].

Competitive Strategies

Private Label and Generic Competition

The success of NEXIUM 24HR has also led to the development of store brand or generic equivalents. For instance, Perrigo received FDA approval for a store brand OTC equivalent of NEXIUM 24HR capsules in 2017, providing consumers with a high-quality, value alternative[5].

Market Trends and Drivers

Rising Gastrointestinal Issues

The increasing incidence of gastroenteritis and other digestive health issues drives the demand for esomeprazole and similar medications. The hectic lifestyles and poor dietary habits of many individuals contribute to the growing need for acid-reducing medications[3].

Research and Development

Ongoing research into the health effects of esomeprazole is expected to provide new growth opportunities in the coming years. This includes exploring new indications and improving the efficacy and safety profile of the drug[3].

Regional Performance

Global Market

North America leads the global esomeprazole market, driven by high consumer awareness and a well-established healthcare system. The global rights acquired by Pfizer allow for a broad market reach, including the United States, Europe, and other regions[3].

Key Takeaways

  • Market Dominance: NEXIUM 24HR quickly became the dominant brand in the OTC antacids category.
  • Financial Impact: The drug contributed significantly to retail dollar sales and margins for drug retailers.
  • Consumer Benefits: Increased accessibility and competition have benefited consumers.
  • Market Growth: The esomeprazole market is expected to grow at a CAGR of 5.3% from 2024 to 2032.
  • Competitive Landscape: The entry of NEXIUM 24HR has led to competitive responses from other brands and the development of generic equivalents.

FAQs

Q: What was the impact of NEXIUM 24HR on the OTC antacid market?

A: NEXIUM 24HR led to a nearly 30% increase in incremental retail dollar sales year over year and dominated the market, surpassing Prilosec in sales.

Q: How did competitors respond to the launch of NEXIUM 24HR?

A: Competitors like Prilosec did not immediately adjust their promotional strategies, allowing NEXIUM 24HR to gain market share quickly.

Q: What are the key drivers of the esomeprazole market?

A: The market is driven by an increasing aging population, changing lifestyles, and rising cases of gastroenteritis.

Q: How has the transition to OTC affected consumer access to NEXIUM?

A: The transition made NEXIUM more accessible to consumers, particularly those suffering from frequent heartburn.

Q: What is the projected growth of the esomeprazole market?

A: The market is anticipated to grow from USD 1,904.40 million in 2024 to USD 2,872.07 million by 2032, with a CAGR of 5.3%.

Sources

  1. Drug Store News: Nexium 24HR's impact: How top brands respond
  2. AstraZeneca: AstraZeneca and Pfizer enter agreement for over-the-counter NEXIUM
  3. Polaris Market Research: Esomeprazole Market Size, Share, Global Analysis Report 2024-2032
  4. BioPharma Dive: Pfizer expands OTC portfolio with launch of OTC Nexium 24HR
  5. PR Newswire: Perrigo Announces Final FDA Approval And Settlement For The Store Brand OTC Equivalent Of Nexium 24HR Capsules

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