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Last Updated: December 22, 2024

TASIGNA Drug Patent Profile


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

Tasigna is a drug marketed by Novartis and is included in one NDA. There are seven patents protecting this drug and two Paragraph IV challenges.

This drug has two hundred and ninety patent family members in fifty-two countries.

The generic ingredient in TASIGNA is nilotinib hydrochloride. There are eleven drug master file entries for this compound. One supplier is listed for this compound. Additional details are available on the nilotinib hydrochloride profile page.

DrugPatentWatch® Generic Entry Outlook for Tasigna

Tasigna was eligible for patent challenges on October 29, 2011.

There has been one patent litigation case involving the patents protecting this drug, indicating strong interest in generic launch. Recent data indicate that 63% of patent challenges are decided in favor of the generic patent challenger and that 54% of successful patent challengers promptly launch generic drugs.

There is one tentative approval for the generic drug (nilotinib hydrochloride), which indicates the potential for near-term generic launch.

Indicators of Generic Entry

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Drug patent expirations by year for TASIGNA
Drug Prices for TASIGNA

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Recent Clinical Trials for TASIGNA

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

SponsorPhase
Kartos Therapeutics, Inc.Phase 1/Phase 2
Baylor College of MedicinePhase 2
Ohio State University Comprehensive Cancer CenterPhase 1

See all TASIGNA clinical trials

Paragraph IV (Patent) Challenges for TASIGNA
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
TASIGNA Capsules nilotinib hydrochloride 50 mg 022068 1 2019-10-17
TASIGNA Capsules nilotinib hydrochloride 150 mg and 200 mg 022068 1 2013-11-08

US Patents and Regulatory Information for TASIGNA

TASIGNA is protected by seven US patents and five FDA Regulatory Exclusivities.

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Novartis TASIGNA nilotinib hydrochloride CAPSULE;ORAL 022068-001 Oct 29, 2007 RX Yes Yes ⤷  Subscribe ⤷  Subscribe Y ⤷  Subscribe
Novartis TASIGNA nilotinib hydrochloride CAPSULE;ORAL 022068-001 Oct 29, 2007 RX Yes Yes ⤷  Subscribe ⤷  Subscribe Y ⤷  Subscribe
Novartis TASIGNA nilotinib hydrochloride CAPSULE;ORAL 022068-001 Oct 29, 2007 RX Yes Yes ⤷  Subscribe ⤷  Subscribe Y ⤷  Subscribe
Novartis TASIGNA nilotinib hydrochloride CAPSULE;ORAL 022068-001 Oct 29, 2007 RX Yes Yes ⤷  Subscribe ⤷  Subscribe Y ⤷  Subscribe
Novartis TASIGNA nilotinib hydrochloride CAPSULE;ORAL 022068-003 Mar 22, 2018 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 TASIGNA

Applicant Tradename Generic Name Dosage NDA Approval Date Patent No. Patent Expiration
Novartis TASIGNA nilotinib hydrochloride CAPSULE;ORAL 022068-002 Jun 17, 2010 ⤷  Subscribe ⤷  Subscribe
Novartis TASIGNA nilotinib hydrochloride CAPSULE;ORAL 022068-003 Mar 22, 2018 ⤷  Subscribe ⤷  Subscribe
Novartis TASIGNA nilotinib hydrochloride CAPSULE;ORAL 022068-001 Oct 29, 2007 ⤷  Subscribe ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >Patent No. >Patent Expiration

International Patents for TASIGNA

When does loss-of-exclusivity occur for TASIGNA?

Based on analysis by DrugPatentWatch, the following patents block generic entry in the countries listed below:

Argentina

Patent: 9029
Patent: DERIVADOS DE PIRIMIDIL-AMINO-BENZAMIDA PARA TRATAR TRASTORNOS PROLIFERATIVOS Y OTRAS CONDICIONES PATOLOGICAS MEDIADAS POR LA ACTIVIDAD DE CINASA DE BCR-ABL, C-KIT, DDR1, DDR2 O PDGF-R
Estimated Expiration: ⤷  Subscribe

Australia

Patent: 10322102
Patent: Method of treating proliferative disorders and other pathological conditions mediated by Bcr-Abl, c-Kit, DDR1, DDR2 or PDGF-R kinase activity
Estimated Expiration: ⤷  Subscribe

Brazil

Patent: 2012011693
Patent: método de tratamento de doenças proliferativas e de outras condições patológicas mediadas por atividade de bcr-abl, c-kit, ddr1, ddr2 ou pdgf-r quinase
Estimated Expiration: ⤷  Subscribe

Canada

Patent: 79490
Patent: METHODE DE TRAITEMENT DE TROUBLES PROLIFERATIFS ET D'AUTRES AFFECTIONS PATHOLOGIQUES MEDIES PAR BCR-ABL, C-KIT, DDR1, DDR2 OU L'ACTIVITE KINASE DU PDGF-R (METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY)
Estimated Expiration: ⤷  Subscribe

Chile

Patent: 12001270
Patent: Compuesto 4-metil-n-[3-(4-metil-1h-imidazol-1-il)-5-(trifluorometil)fenil]-3-[(4-piridin-3-ilpirimidin-2-il)amino] benzamida (nilotinib) para el tratamiento de un trastorno proliferativo u otras condiciones mediadas por quinasa bcr-abl, c-kit, ddr1, ddr2 o pdgf-r, administrado oralmente dispersado en una compota de manzana.
Estimated Expiration: ⤷  Subscribe

China

Patent: 2612368
Patent: Method of treating proliferative disorders and other pathological conditions mediated by Bcr-Abl, c-Kit, DDR1, DDR2 or PDGF-R kinase activity
Estimated Expiration: ⤷  Subscribe

Colombia

Patent: 51690
Patent: MÉTODO PARA EL TRATAMIENTO DE TRANSTORNOS PROLIFERATIVOS Y OTRAS CONDICIONES PATOLÓGICAS MEDIADAS POR LA ACTIVIDAD DE CINASA DE BCR -ABL, C-KIT,DDR1, DDR2 O PDGF-R
Estimated Expiration: ⤷  Subscribe

Croatia

Patent: 0160472
Estimated Expiration: ⤷  Subscribe

Cyprus

Patent: 17519
Estimated Expiration: ⤷  Subscribe

Denmark

Patent: 01384
Estimated Expiration: ⤷  Subscribe

Ecuador

Patent: 12011903
Patent: COMPOSICIONES ADECUADAS PARA EL TRATAMIENTO DE TRASTORNOS PROLIFERATIVOS Y OTRAS CONDICIONES PATOLÓGICAS MEDIADAS POR LA ACTIVIDAD DE CINASA DE BCR-ABL, C-KIT, DDR1, DDR2 O PDGF-R
Estimated Expiration: ⤷  Subscribe

European Patent Office

Patent: 01384
Patent: MÉTHODE DE TRAITEMENT DE TROUBLES PROLIFÉRATIFS ET D'AUTRES AFFECTIONS PATHOLOGIQUES MÉDIÉS PAR BCR-ABL, C-KIT, DDR1, DDR2 OU L'ACTIVITÉ KINASE DU PDGF-R (METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY)
Estimated Expiration: ⤷  Subscribe

Finland

Patent: 01384
Estimated Expiration: ⤷  Subscribe

Guatemala

Patent: 1200150
Patent: MÉTODO PARA EL TRATAMIENTO DE TRASTORNOS PROLIFERATIVOS Y OTRAS CONDICIONES PATOLÓGICAS MEDIADAS POR LA ACTIVIDAD DE CINASA DE BRC-ABL,C-KIT, DDR1, DDR2 O PDGF-R
Estimated Expiration: ⤷  Subscribe

Hong Kong

Patent: 69950
Patent: 治療增殖性障礙和其它由 激酶活性介導的病理學病症的方法 (METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY BCR-ABLC-KITDDR1DDR2 PDGF-R)
Estimated Expiration: ⤷  Subscribe

Hungary

Patent: 27307
Estimated Expiration: ⤷  Subscribe

Israel

Patent: 9727
Patent: פירימידינילאמינובנזאמידים לטיפול בהפרעות התרבות מהירה ומצבים פתולוגיים אחרים המתווכים על ידי פעילות קינאז 2ddr, 1ddr, kit-c, abl-bcrאו r-pdgf (Pyrimidiylaminobenzamides for treating proliferative disorders and other pathological conditions mediated by bcr-abl, c-kit, ddr1, ddr2 or pdgf-r kinase activity)
Estimated Expiration: ⤷  Subscribe

Japan

Patent: 29615
Estimated Expiration: ⤷  Subscribe

Patent: 13511524
Estimated Expiration: ⤷  Subscribe

Patent: 15180636
Patent: 増殖性障害およびBCR−ABL、C−KIT、DDR1、DDR2またはPDGF−Rキナーゼ活性によりもたらされる他の病態の治療方法 (METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY)
Estimated Expiration: ⤷  Subscribe

Jordan

Patent: 34
Patent: طريقة لعلاج اضطرابات تكاثرية وحالات مرضية أخرى متوسطة بنشاط كيناز BCR-ABL، C-KIT، DDR1، DDR2، أو PDGF-R (METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER ‎PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, ‎DDR2 OR PDGF-R KINASE ACTIVITY)
Estimated Expiration: ⤷  Subscribe

Malaysia

Patent: 9956
Patent: METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY
Estimated Expiration: ⤷  Subscribe

Mexico

Patent: 12005694
Patent: METODO PARA EL TRATAMIENTO DE TRANSTORNOS PROLIFERATIVOS Y OTRAS CONDICIONES PATOLOGICAS MEDIADAS POR LA ACTIVIDAD DE CINASA DE CBR-ABL, C-KIT, DDR1, DDR2 O PDGF-R. (METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY.)
Estimated Expiration: ⤷  Subscribe

Montenegro

Patent: 413
Patent: POSTUPAK LEČENJA PROLIFERATIVNIH OBOLJENJA I DRUGIH PATOLOŠKIH STANJA POSREDOVANIH AKTIVNOSCU BCR-ABL, C-KIT, DDR1, DDR2 ILI PDGF-R KINAZE (METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY)
Estimated Expiration: ⤷  Subscribe

Morocco

Patent: 738
Patent: عملية معالجة الاضطرابات التكاثري والحالات الطبية الأخرى ب par bcr ـ abl, cـ kit, ddr1, ddr2 أو نشاط الكيناز pdgf-r
Estimated Expiration: ⤷  Subscribe

New Zealand

Patent: 9968
Patent: Method of treating proliferative disorders and other pathological conditions mediated by bcr-abl, c-kit, ddr1, ddr2 or pdgf-r kinase activity
Estimated Expiration: ⤷  Subscribe

Peru

Patent: 121476
Patent: COMPOSICION PARA EL TRATAMIENTO DE TRASTORNOS PROLIFERATIVOS Y OTRAS CONDICIONES PATOLOGICAS MEDIADAS POR LA ACTIVIDAD DE CINASA DE BCR-ABL, C-KIT, DDR1, DDR2 O PDGF-R
Estimated Expiration: ⤷  Subscribe

Poland

Patent: 01384
Estimated Expiration: ⤷  Subscribe

Russian Federation

Patent: 25835
Patent: СПОСОБ ЛЕЧЕНИЯ ПРОЛИФЕРАТИВНЫХ НАРУШЕНИЙ И ДРУГИХ ПАТОЛОГИЧЕСКИХ СОСТОЯНИЙ, ОПОСРЕДОВАННЫХ АКТИВНОСТЬЮ КИНАЗ BCR-ABL, C-KIT, DDR1, DDR2 ИЛИ PDGF-R (METHOD FOR TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY ACTIVITY OF KINASE BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R)
Estimated Expiration: ⤷  Subscribe

Patent: 12124811
Patent: СПОСОБ ЛЕЧЕНИЯ ПРОЛИФЕРАТИВНЫХ НАРУШЕНИЙ И ДРУГИХ ПАТОЛОГИЧЕСКИХ СОСТОЯНИЙ, ОПОСРЕДОВАННЫХ АКТИВНОСТЬЮ КИНАЗ Bcr-Abl, c-Kit, DDR1, DDR2, ИЛИ PDGF-R
Estimated Expiration: ⤷  Subscribe

San Marino

Patent: 01600143
Patent: METODO DI TRATTAMENTO DI DISTURBI PROLIFERATIVI E ALTRE CONDIZIONI PATOLOGICHE MEDIATE DALLA ATTIVITÀ CHINASICA DI BCR-ABL, C-KIT, DDR1, DDR2 O PDGF-R
Estimated Expiration: ⤷  Subscribe

Serbia

Patent: 747
Patent: POSTUPAK LEČENJA PROLIFERATIVNIH OBOLJENJA I DRUGIH PATOLOŠKIH STANJA POSREDOVANIM KINAZNOM AKTIVNOŠĆU BCR-ABL, C-KIT, DDR1, DDR2 ILI PDGF-R (METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY)
Estimated Expiration: ⤷  Subscribe

Singapore

Patent: 201501169V
Patent: METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY
Estimated Expiration: ⤷  Subscribe

Slovenia

Patent: 01384
Estimated Expiration: ⤷  Subscribe

South Africa

Patent: 1203328
Patent: METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY
Estimated Expiration: ⤷  Subscribe

South Korea

Patent: 1743315
Estimated Expiration: ⤷  Subscribe

Patent: 120102635
Patent: METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY
Estimated Expiration: ⤷  Subscribe

Spain

Patent: 72128
Estimated Expiration: ⤷  Subscribe

Taiwan

Patent: 98116
Estimated Expiration: ⤷  Subscribe

Patent: 1141481
Patent: Method of treating proliferative disorders and other pathological conditions mediated by Bcr-Abl, c-Kit, DDR1, DDR2 or PDGF-R kinase activity
Estimated Expiration: ⤷  Subscribe

Tunisia

Patent: 12000206
Patent: METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY
Estimated Expiration: ⤷  Subscribe

Generics may enter earlier, or later, based on new patent filings, patent extensions, patent invalidation, early generic licensing, generic entry preferences, and other factors.

See the table below for additional patents covering TASIGNA around the world.

Country Patent Number Title Estimated Expiration
Morocco 29626 FORMES CRISTALLINES DE 4-METHYL-N-[3-(4-METHYL -IMIDAZOL-1-YL)-5-TRIFLUROMETHYL-PHENYL]-3-(4- PYRIDIN-3-YL-PYRIMIDIN-2-YLAMINO)-BENZAMIDE ⤷  Subscribe
Montenegro 02413 POSTUPAK LEČENJA PROLIFERATIVNIH OBOLJENJA I DRUGIH PATOLOŠKIH STANJA POSREDOVANIH AKTIVNOSCU BCR-ABL, C-KIT, DDR1, DDR2 ILI PDGF-R KINAZE (METHOD OF TREATING PROLIFERATIVE DISORDERS AND OTHER PATHOLOGICAL CONDITIONS MEDIATED BY BCR-ABL, C-KIT, DDR1, DDR2 OR PDGF-R KINASE ACTIVITY) ⤷  Subscribe
Slovenia 1910336 ⤷  Subscribe
European Patent Office 2284167 formes crystallines de 4-methyl-n-[3-(4-methyl-imidazol-1-yl)-5-trifluoromethyl-phenyl]-3-(4-pyridin-3-yl-pyrimidin-2-ylamino)-benzamide (crystalline forms of 4-methyl-n-[3-(4-methyl-imidazol-1-yl)-5-trifluoromethyl-phenyl]-3-(4-pyridin-3-yl-pyrimidin-2-ylamino)-benzamide) ⤷  Subscribe
South Korea 101598747 ⤷  Subscribe
>Country >Patent Number >Title >Estimated Expiration

TASIGNA Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for the Drug: Tasigna

Introduction

Tasigna, developed by Novartis, is a pivotal treatment for chronic myeloid leukemia (CML), a type of blood cancer. The drug has been a significant player in the CML treatment market, but its financial trajectory is facing a critical juncture due to patent expirations and the entry of generics.

Tasigna: Mechanism and Approval

Tasigna (nilotinib) is a small molecule Bcr-Abl tyrosine kinase inhibitor that works by inhibiting the abnormal Bcr-Abl tyrosine kinase receptor signaling responsible for the proliferation of CML cells. The FDA granted approval for Tasigna in 2007, and it has since been included on the World Health Organization’s Model List of Essential Medicines for the treatment of adult and pediatric CML[1].

Current Market Performance

As of 2023, Tasigna has been a blockbuster drug with forecasted sales of $1.8 billion. However, the US market, which contributed 39% of the drug’s total historical revenue from 2008 to 2022, is set to lose its exclusive status in January 2024 due to patent expiry[1].

Impact of Patent Expiry

The impending US patent expiry, coupled with the prior EU patent loss in July 2023, is anticipated to result in a significant decline in Tasigna sales. According to GlobalData, sales are projected to plummet from $1.8 billion in 2023 to just $79 million by the end of 2029. This decline will reshape the CML drug market, introducing increased competition and lower prices, making the drug more accessible to a larger patient population[1].

Entry of Generics and Reformulations

The market is already seeing the entry of generics and reformulations. There are eight generics and nilotinib re-formulations on the market or in development worldwide, including three actively developed in the US: KeifeRx LLC’s KFRX01, Xspray Pharma AB’s HyNap-Nilo, and Nanocopoeia LLC’s nilotinib. This increased competition will further erode Tasigna’s market share[1].

Global Market Size and Forecast

Despite the decline in Tasigna’s sales due to patent expirations, the global market for CML treatments is expected to grow. According to Cognitive Market Research, the global Tasigna market size will be USD 9715.5 million in 2024 and is expected to expand to USD 24610.92 million by 2031, with a Compound Annual Growth Rate (CAGR) of 14.20% from 2024 to 2031. This growth is driven by increased awareness and diagnosis of CML, leading to higher treatment rates[4].

Geographical Trends

The Asia-Pacific region is expanding at the fastest CAGR in the Tasigna market, fueled by rising incidences of CML and improving healthcare infrastructure. Countries like India and China are experiencing significant advancements in oncology treatments, leading to increased accessibility and affordability of targeted therapies like Tasigna[4].

Novartis’ Strategic Response

Novartis is proactively addressing the patent expirations by seeking opportunities in other markets. In October 2022, the company entered into a historic voluntary licensing agreement with the Medicines Patent Pool, allowing select generics companies to manufacture Tasigna in eight countries and distribute it in 44 territories where patents are either pending or currently in force. This move aims to maintain market presence and ensure patient access to the drug in various regions[1].

Financial Performance of Novartis

Despite the challenges posed by Tasigna’s patent expiry, Novartis has delivered strong operational performance. In Q3 2024, the company reported a 10% increase in sales and a 20% increase in core operating income. The strong performance of other key growth drivers, such as Entresto, Kesimpta, Kisqali, Pluvicto, and Scemblix, has helped offset the impact of generic competition on Tasigna[2].

Market Drivers and Trends

The Tasigna market is driven by several factors, including increased awareness and early diagnosis of CML, the development of treatment guidelines endorsing Tasigna, and favorable government initiatives. However, the market is also constrained by factors such as the COVID-19 pandemic, which initially disrupted healthcare services but later facilitated remote consultations and heightened awareness of chronic diseases[4].

Competitive Landscape

The entry of generics and reformulations will significantly alter the competitive landscape of the CML drug market. Tasigna, which currently accounts for nearly two-thirds of sales in the CML market, will face increased competition, leading to lower prices and improved patient accessibility. This shift will benefit patients but pose significant challenges for Novartis in maintaining its market share[1].

Future Outlook

The future outlook for Tasigna is marked by a decline in sales due to patent expirations but also presents opportunities for Novartis to explore new markets and partnerships. The company’s proactive strategies, such as the voluntary licensing agreement, aim to ensure continued patient access to the drug while navigating the changing market dynamics.

Key Takeaways

  • Patent Expiry Impact: Tasigna’s US patent expiry in January 2024 and prior EU patent loss will lead to a significant decline in sales.
  • Generics and Reformulations: The entry of generics and reformulations will increase competition and lower prices, making the drug more accessible.
  • Global Market Growth: Despite Tasigna’s decline, the global CML treatment market is expected to grow with a CAGR of 14.20% from 2024 to 2031.
  • Novartis’ Strategies: Novartis is addressing patent expirations through voluntary licensing agreements and focusing on other growth drivers.
  • Market Trends: Increased awareness, early diagnosis, and favorable government initiatives drive the market, while the COVID-19 pandemic has had mixed impacts.

FAQs

What is the primary mechanism of action of Tasigna?

Tasigna (nilotinib) works by inhibiting the abnormal Bcr-Abl tyrosine kinase receptor signaling responsible for the proliferation of CML cells.

How will the US patent expiry affect Tasigna sales?

The US patent expiry in January 2024 is expected to result in a significant decline in Tasigna sales, with projections indicating a drop from $1.8 billion in 2023 to $79 million by 2029.

What is the global market forecast for Tasigna?

The global Tasigna market is expected to grow from USD 9715.5 million in 2024 to USD 24610.92 million by 2031, with a CAGR of 14.20% from 2024 to 2031.

How is Novartis addressing the patent expirations?

Novartis has entered into a voluntary licensing agreement with the Medicines Patent Pool to allow select generics companies to manufacture and distribute Tasigna in various regions.

What are the key drivers of the Tasigna market?

The market is driven by increased awareness and early diagnosis of CML, development of treatment guidelines, and favorable government initiatives, among other factors.

Sources

  1. Financial Express: "Novartis blockbuster drug Tasigna faces sales decline as US patent expiry looms"
  2. Novartis: "Novartis continues strong momentum in Q3 with 10% sales growth and 20% core operating income growth"
  3. Market Research Intellect: "Tasigna Market Size, Share, Outlook and Forecast"
  4. Cognitive Market Research: "Tasigna Market Report 2024 (Global Edition)"
  5. Novartis: "Novartis Financial Results Q4 2023 – English"

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