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Last Updated: December 23, 2024

PHENERGAN Drug Patent Profile


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

Phenergan is a drug marketed by Wyeth Ayerst, Norvium Bioscience, Delcor Asset Corp, and Ani Pharms. and is included in six NDAs.

The generic ingredient in PHENERGAN is codeine phosphate; promethazine hydrochloride. There are nineteen drug master file entries for this compound. Six suppliers are listed for this compound. Additional details are available on the codeine phosphate; promethazine hydrochloride profile page.

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SponsorPhase
University of Colorado, DenverPhase 4
University of FloridaPhase 4
South Valley UniversityPhase 1

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US Patents and Regulatory Information for PHENERGAN

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Wyeth Ayerst PHENERGAN promethazine hydrochloride INJECTABLE;INJECTION 008857-002 Approved Prior to Jan 1, 1982 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Delcor Asset Corp PHENERGAN promethazine hydrochloride TABLET;ORAL 007935-003 Approved Prior to Jan 1, 1982 DISCN Yes No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Norvium Bioscience PHENERGAN promethazine hydrochloride SUPPOSITORY;RECTAL 010926-001 Approved Prior to Jan 1, 1982 DISCN Yes No ⤷  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

PHENERGAN Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Phenergan (Promethazine Hydrochloride)

Introduction

Phenergan, also known as promethazine hydrochloride, is a versatile medication used to treat a range of conditions including allergies, hayfever, nausea, and for short-term sedation. This article will delve into the market dynamics and financial trajectory of Phenergan, considering recent updates, safety concerns, and market trends.

Therapeutic Uses and Indications

Phenergan is widely used for several therapeutic indications:

  • Allergies: Treatment of allergic conditions such as urticaria, allergic contact dermatitis, and reactions to insect bites and stings.
  • Upper Respiratory Tract: Relief of excessive secretion in the upper respiratory tract due to hayfever and allergic rhinitis.
  • Nausea and Vomiting: Antiemetic for various causes including postoperative vomiting, irradiation sickness, and motion sickness.
  • Sedation: Short-term sedation under the advice of a doctor or pharmacist.
  • Other Uses: Symptomatic management of measles and chicken pox, and as preanaesthetic medication[1].

Safety Concerns and Regulatory Updates

Recent safety updates have significantly impacted the market dynamics of Phenergan. Health professionals and consumers have been advised not to use oral promethazine hydrochloride in children under 6 years of age due to the risk of psychiatric and central nervous system side effects, including hyperactivity, aggression, and hallucinations. This advice follows an investigation by the Australian Therapeutic Goods Administration (TGA) and recommendations from the Advisory Committee on Medicines (ACM)[1].

Impact on Product Labeling and Usage

The updated advice has led to changes in the Product Information (PI), Consumer Medicine Information (CMI), and product labeling for Phenergan and other generic brands. These changes include extended contraindications, updated dosing instructions, and enhanced warnings about potential side effects in children under 6 years old[1].

Market Size and Revenue

The market for promethazine hydrochloride is substantial, with various pharmaceutical companies involved in its production and distribution. For instance, ANI Pharmaceuticals, a diversified biopharmaceutical company, has launched a promethazine hydrochloride and dextromethorphan hydrobromide oral solution, which has significant market potential. The U.S. annual sales for this combination product are estimated to be around $42.6 million[2].

Competitive Landscape

The market for promethazine hydrochloride is competitive, with nearly 50 other brands available in the Australian market alone. This competition can influence pricing and market share. Companies like ANI Pharmaceuticals are focusing on enhancing their generics business, which includes promethazine hydrochloride, to drive sustainable growth[2].

Financial Trajectory

Revenue Projections

Given the widespread use and multiple indications for Phenergan, the revenue generated from its sales is considerable. However, the recent safety updates and regulatory changes may impact future revenue projections. The need for updated labeling and the restriction on use in children under 6 years old could lead to a temporary decline in sales as healthcare providers and consumers adjust to the new guidelines.

Cost and Pricing

The cost of Phenergan can vary depending on the formulation and the region. In Australia, oral promethazine products are scheduled S3, meaning they can be sold over-the-counter with advice from a pharmacist, which affects pricing strategies. The competitive nature of the market also plays a role in pricing, with companies aiming to balance profitability with consumer affordability[1].

Challenges and Risks

Regulatory Risks

Changes in regulatory policies and safety updates can significantly impact the financial trajectory of Phenergan. The recent updates requiring changes to product labeling and contraindications highlight the importance of staying compliant with regulatory requirements. Non-compliance can lead to product recalls, legal issues, and damage to brand reputation[1].

Market Competition

The generics market for promethazine hydrochloride is highly competitive, with multiple players vying for market share. This competition can lead to pricing pressures and reduced profit margins. Companies must innovate and differentiate their products to maintain market position[2].

Public Health Concerns

Promethazine has also been associated with misuse and addiction, particularly when used in combination with other substances. This public health concern can affect market dynamics as regulatory bodies and healthcare providers become more cautious in prescribing and recommending the drug[3].

Future Outlook

Innovation and Diversification

To maintain a strong financial trajectory, pharmaceutical companies involved in the production of Phenergan are likely to focus on innovation and diversification. This includes developing new formulations, expanding into rare disease markets, and enhancing research and development capabilities[2].

Compliance and Safety

Ensuring compliance with updated safety guidelines and regulatory requirements will be crucial. Companies must invest in updating product information, labeling, and educational materials to align with the latest safety advice. This not only ensures regulatory compliance but also builds trust with healthcare providers and consumers[1].

Key Takeaways

  • Safety Updates: Recent safety updates restrict the use of Phenergan in children under 6 years old due to psychiatric and central nervous system side effects.
  • Market Size: The market for promethazine hydrochloride is substantial, with significant revenue potential.
  • Regulatory Risks: Compliance with regulatory changes is critical to avoid legal and financial repercussions.
  • Competition: The generics market is highly competitive, requiring companies to innovate and differentiate their products.
  • Public Health Concerns: Misuse and addiction are public health concerns that can impact market dynamics.

FAQs

What are the primary therapeutic uses of Phenergan?

Phenergan is used to treat allergies, hayfever, nausea, and for short-term sedation. It also has other indications such as symptomatic management of measles and chicken pox, and as preanaesthetic medication.

Why has the use of Phenergan been restricted in children?

The use of Phenergan has been restricted in children under 6 years old due to the risk of psychiatric and central nervous system side effects, including hyperactivity, aggression, and hallucinations.

How does the competitive landscape affect the market for Phenergan?

The market for Phenergan is highly competitive with nearly 50 other brands available, leading to pricing pressures and the need for companies to innovate and differentiate their products.

What are the potential financial impacts of the recent safety updates?

The recent safety updates could lead to a temporary decline in sales as healthcare providers and consumers adjust to the new guidelines. However, companies that comply with regulatory changes and innovate can maintain a strong financial trajectory.

What public health concerns are associated with Phenergan?

Phenergan has been associated with misuse and addiction, particularly when used in combination with other substances, which can affect market dynamics and regulatory policies.

Sources

  1. Australian Government Department of Health and Aged Care. "Promethazine hydrochloride (Phenergan) not to be used in children under 6."
  2. ANI Pharmaceuticals. "ANI Pharmaceuticals Launches Promethazine Hydrochloride and Dextromethorphan Hydrobromide Oral Solution."
  3. The Hope House. "Promethazine Addiction: Understanding Promethazine Abuse."
  4. U.S. Food and Drug Administration. "Promethazine HCl (marketed as Phenergan) Information."
  5. Mayo Clinic. "Promethazine (injection route, intravenous route)."

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