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Last Updated: March 16, 2025

ULTACAN Drug Patent Profile


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Summary for ULTACAN
US Patents:0
Applicants:1
NDAs:2
DailyMed Link:ULTACAN at DailyMed
Drug patent expirations by year for ULTACAN

US Patents and Regulatory Information for ULTACAN

ApplicantTradenameGeneric NameDosageNDAApproval DateTETypeRLDRSPatent No.Patent ExpirationProductSubstanceDelist Req.Exclusivity Expiration
Hansamed Inc ULTACAN FORTE articaine hydrochloride; epinephrine bitartrate INJECTABLE;INJECTION 201750-001 Jul 11, 2017 DISCN No No ⤷  Try for Free ⤷  Try for Free ⤷  Try for Free
Hansamed Inc ULTACAN articaine hydrochloride; epinephrine bitartrate INJECTABLE;INJECTION 201751-001 Jul 11, 2017 DISCN No No ⤷  Try for Free ⤷  Try for Free ⤷  Try for Free
>Applicant>Tradename>Generic Name>Dosage>NDA>Approval Date>TE>Type>RLD>RS>Patent No.>Patent Expiration>Product>Substance>Delist Req.>Exclusivity Expiration
Showing 1 to 2 of 2 entries

Market Dynamics and Financial Trajectory for Injectable Drug Delivery: A Comprehensive Overview

Introduction to Injectable Drug Delivery

Injectable drug delivery has emerged as a pivotal segment in the pharmaceutical industry, driven by the increasing need for effective treatment of chronic conditions and the advancements in drug delivery technologies. Here, we will delve into the market dynamics and financial trajectory of this sector, using the broader context of injectable drugs as a framework.

Global Market Size and Growth

The global injectable drug delivery market is projected to experience significant growth. As of 2024, the market size was estimated at USD 757.06 billion and is anticipated to reach around USD 1,630.73 billion by 2033, growing at a CAGR of 8.9% during the forecast period[1].

Regional Dominance

North America, particularly the U.S. and Canada, dominates the injectable drug delivery market. The U.S. market alone was valued at USD 223.50 billion in 2023 and is expected to reach USD 622.61 billion by 2033, growing at a CAGR of 9.4%[1].

Route of Administration

The route of administration plays a crucial role in the injectable drug delivery market. Skin/intradermal routes have accounted for the highest share during the forecast period, highlighting the preference for subcutaneous and intravenous injections due to advancements in needle technology[1].

Therapeutic Applications

Injectable drugs are increasingly used for treating chronic conditions such as arthritis, diabetes, and obesity. For instance, the obesity drug market is expected to expand significantly, with global sales projected to reach $105 billion by 2030, up from $6 billion in 2023. This growth is driven by the broadening evidence of these drugs' effectiveness in improving outcomes for obesity-related ailments[2].

Formulation Advancements

The formulation segment is experiencing substantial growth, particularly with the development of long-acting injectable (LAI) formulations. These formulations reduce the frequency of required injections, enhancing patient compliance and therapeutic outcomes. LAI formulations are favored for their ability to address diverse medical needs across various therapeutic areas[1].

Investment Trends in Pharmaceutical Research

The pharmaceutical sector, including injectable drug delivery, is characterized by high development costs and significant risks. The average cost of bringing a new drug to market is about $2.6 billion, with a development timeline spanning 10 to 15 years and a success rate of only around 10% for drug candidates entering clinical trials[3].

Market Opportunities and Challenges

Despite the challenges, the potential rewards for successful drug development are substantial. Blockbuster drugs can generate large revenue streams and deliver significant returns for investors. The escalating global burden of chronic diseases fuels the exponential growth in the pharmaceutical market, projected to exceed $1.4 trillion by 2028[3].

Impact of Generic Drugs

The generic drug industry also influences the market dynamics of injectable drugs. Generic drug prices fall with the number of competitors, but remain above long-run marginal cost until there are 8 or more competitors. This competition affects the revenue and profit trajectories of both branded and generic injectable drugs[4].

Financial Trajectory

The financial trajectory of the injectable drug delivery market is robust. The U.S. market, for example, is expected to grow from USD 223.50 billion in 2023 to USD 622.61 billion by 2033. This growth is supported by robust pharmaceutical spending, advancements in technology, and the increasing adoption of biopharmaceuticals for chronic conditions[1].

Cross-Border Trade and Economic Impact

North America's dominance in the injectable drug delivery market is also influenced by cross-border trade activities. Mexico's pharmaceutical industry, for instance, has seen significant growth and diversification, with substantial exports of pharmaceutical and API products to the United States, totaling over $2.5 billion in 2023[1].

Patient Compliance and Adherence

Advancements in injectable drug delivery technologies have enhanced patient comfort and adherence. Modern needles and LAI formulations reduce the frequency of injections and improve therapeutic outcomes, contributing to the market's growth[1].

Ripple Effects in Healthcare

The impact of injectable drugs, particularly those for obesity and other chronic conditions, extends beyond weight management. These drugs can improve outcomes for hundreds of obesity-related ailments, such as diabetes, hypertension, and heart failure. This broader impact could disrupt various sectors, including medical technology, insurance, and fitness industries[2].

Industry Expansion and Innovation

The injectable drug delivery market is driven by ongoing industry expansion and innovation. Significant investments are being made to shore up supply chains and meet the growing demand for these therapies. For example, leading drugmakers are expected to spend more than $50 billion to enhance their supply chains through 2028[2].

Key Takeaways

  • The global injectable drug delivery market is projected to reach USD 1,630.73 billion by 2033, growing at a CAGR of 8.9%.
  • North America, particularly the U.S. and Canada, dominates the market.
  • Advancements in needle technology and LAI formulations are key drivers of market growth.
  • The market is influenced by the increasing adoption of biopharmaceuticals for chronic conditions.
  • Cross-border trade and robust pharmaceutical spending in North America support market expansion.
  • Patient compliance and adherence are enhanced by modern injectable drug delivery technologies.

FAQs

1. What is the projected global market size for injectable drug delivery by 2033? The global injectable drug delivery market is projected to reach around USD 1,630.73 billion by 2033[1].

2. Which region dominates the injectable drug delivery market? North America, particularly the U.S. and Canada, dominates the injectable drug delivery market[1].

3. What are the key drivers of growth in the injectable drug delivery market? Key drivers include advancements in needle technology, the increasing adoption of biopharmaceuticals for chronic conditions, and the development of long-acting injectable (LAI) formulations[1].

4. How do generic drugs influence the market dynamics of injectable drugs? Generic drug prices fall with the number of competitors, but remain above long-run marginal cost until there are 8 or more competitors, affecting the revenue and profit trajectories of both branded and generic injectable drugs[4].

5. What is the impact of injectable drugs on patient compliance and adherence? Advancements in injectable drug delivery technologies, such as modern needles and LAI formulations, have enhanced patient comfort and adherence by reducing the frequency of injections and improving therapeutic outcomes[1].

Citations

  1. Biospace: "Injectable Drug Delivery Market Size to Hit USD 1630.73 Bn by 2033"
  2. Morgan Stanley: "Scaling Up the Impact of Obesity Drugs"
  3. DrugBank Blog: "Investment Trends in Pharmaceutical Research"
  4. Federal Trade Commission: "Generic Drug Industry Dynamics"

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