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

Last Updated: December 22, 2024

WELCHOL Drug Patent Profile


✉ Email this page to a colleague

« Back to Dashboard


Which patents cover Welchol, and when can generic versions of Welchol launch?

Welchol is a drug marketed by Cosette and is included in four NDAs.

The generic ingredient in WELCHOL is colesevelam hydrochloride. There are ten drug master file entries for this compound. Sixteen suppliers are listed for this compound. Additional details are available on the colesevelam hydrochloride profile page.

DrugPatentWatch® Litigation and Generic Entry Outlook for Welchol

A generic version of WELCHOL was approved as colesevelam hydrochloride by IMPAX LABS INC on May 16th, 2018.

  Subscribe

AI Research Assistant
Questions you can ask:
  • What is the 5 year forecast for WELCHOL?
  • What are the global sales for WELCHOL?
  • What is Average Wholesale Price for WELCHOL?
Summary for WELCHOL
Drug patent expirations by year for WELCHOL
Drug Prices for WELCHOL

See drug prices for WELCHOL

Drug Sales Revenue Trends for WELCHOL

See drug sales revenues for WELCHOL

Recent Clinical Trials for WELCHOL

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

SponsorPhase
Entera Health, IncPhase 2
Valeant Pharmaceuticals International, Inc.Phase 4
Bausch Health Americas, Inc.Phase 4

See all WELCHOL clinical trials

Pharmacology for WELCHOL
Drug ClassBile Acid Sequestrant
Mechanism of ActionBile-acid Binding Activity
Paragraph IV (Patent) Challenges for WELCHOL
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
WELCHOL Powder for Oral Suspension colesevelam hydrochloride 1.875 g/Packet and 3.75 g/Packet 022362 1 2010-04-09
WELCHOL Tablets colesevelam hydrochloride 625 mg 021176 1 2009-07-01

US Patents and Regulatory Information for WELCHOL

WELCHOL is protected by zero US patents and one FDA Regulatory Exclusivity.

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Cosette WELCHOL colesevelam hydrochloride BAR, CHEWABLE;ORAL 210895-001 Apr 3, 2019 DISCN Yes No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Cosette WELCHOL colesevelam hydrochloride FOR SUSPENSION;ORAL 022362-002 Oct 2, 2009 AB RX Yes Yes ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Cosette WELCHOL colesevelam hydrochloride CAPSULE;ORAL 021141-001 May 26, 2000 DISCN No 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

Expired US Patents for WELCHOL

Applicant Tradename Generic Name Dosage NDA Approval Date Patent No. Patent Expiration
Cosette WELCHOL colesevelam hydrochloride FOR SUSPENSION;ORAL 022362-002 Oct 2, 2009 ⤷  Subscribe ⤷  Subscribe
Cosette WELCHOL colesevelam hydrochloride FOR SUSPENSION;ORAL 022362-001 Oct 2, 2009 ⤷  Subscribe ⤷  Subscribe
Cosette WELCHOL colesevelam hydrochloride FOR SUSPENSION;ORAL 022362-001 Oct 2, 2009 ⤷  Subscribe ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >Patent No. >Patent Expiration

Supplementary Protection Certificates for WELCHOL

Patent Number Supplementary Protection Certificate SPC Country SPC Expiration SPC Description
0764174 SPC/GB04/031 United Kingdom ⤷  Subscribe PRODUCT NAME: COLESEVELAM HYDROCHLORIDE; REGISTERED: UK EU/1/03/268/001-003 20040310
0764174 SPC013/2004 Ireland ⤷  Subscribe SPC013/2004: 20050912, EXPIRES: 20190309
0764174 91100 Luxembourg ⤷  Subscribe 91100, EXPIRES: 20190310
>Patent Number >Supplementary Protection Certificate >SPC Country >SPC Expiration >SPC Description

WELCHOL Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Welchol

Introduction to Welchol

Welchol, also known as colesevelam HCl, is a medication used to treat high cholesterol and type 2 diabetes. It belongs to the class of bile acid sequestrants, which work by binding to bile acids in the intestine and preventing them from being reabsorbed into the bloodstream.

Market Size and Sales

As of 2018, Welchol had significant market presence, with annual U.S. sales of approximately $526 million for the 12 months ending February 2018, according to IQVIA™[1].

Generic Competition

The market dynamics for Welchol shifted significantly with the introduction of generic versions. In May 2018, Amneal Pharmaceuticals received FDA approval and launched a generic version of Welchol, marking a first-to-market opportunity. This move was expected to enhance Amneal's generic portfolio and provide patients with a more affordable treatment option[1].

Impact of Generic Entry

The entry of generic versions typically leads to a reduction in market share and revenue for the branded product. After the launch of generic colesevelam HCl, the sales of the branded Welchol would likely have declined as patients and healthcare providers opted for the more affordable generic alternative.

Financial Performance of Branded vs. Generic

For branded pharmaceutical companies, the loss of patent protection and the subsequent entry of generics can significantly impact financial performance. In contrast, generic pharmaceutical companies like Amneal often see an increase in revenue and market share as they capitalize on the demand for cost-effective treatments.

Market Trends in Dyslipidemia Drugs

The broader market for dyslipidemia drugs, which includes medications like Welchol, is influenced by several trends. The global dyslipidemia drugs market is expected to grow, driven by increasing prevalence of lifestyle-related diseases and the need for effective cholesterol management. This market is forecasted to exhibit growth from 2024 to 2031, with regional variations in market size and growth rates[4].

Competitive Landscape

The competitive landscape for dyslipidemia drugs is highly competitive, with multiple players offering both branded and generic products. Companies like Daiichi Sankyo, which has a portfolio of cardiovascular drugs, also compete in this space by focusing on innovative products and life-cycle management strategies to maintain market share[3].

Regulatory Environment

The regulatory environment plays a crucial role in the market dynamics of pharmaceuticals. Changes in FDA approval requirements, healthcare reforms, and drug price revisions can all impact the financial trajectory of drugs like Welchol. For instance, regulatory changes in the U.S. and other countries can affect the pricing and reimbursement of these medications[1][3].

Patient Affordability and Access

The availability of generic versions of Welchol has improved patient affordability and access to cholesterol management treatments. This shift is aligned with broader healthcare trends that emphasize cost-effectiveness and patient-centric care.

Financial Trajectory Post-Generic Entry

After the generic entry, the financial trajectory for the branded Welchol would likely involve a decline in sales revenue. Here are some key points to consider:

  • Revenue Decline: The introduction of generic colesevelam HCl would lead to a significant decline in revenue for the branded product.
  • Market Share: The market share of the branded Welchol would decrease as generic versions capture a larger portion of the market.
  • Cost Savings: Patients and healthcare systems would benefit from cost savings associated with generic medications, which could lead to increased adoption and usage.
  • Competitive Strategies: The original manufacturer might employ various strategies such as price adjustments, marketing campaigns, or bundling with other products to maintain some level of market share.

Industry Expert Insights

Industry experts often highlight the importance of life-cycle management and strategic planning in the face of generic competition. For example, Daiichi Sankyo's approach to maximizing sales of established products and introducing new global products demonstrates a proactive strategy to mitigate the impact of generic entries[3].

Illustrative Statistics

  • Annual U.S. sales of Welchol: Approximately $526 million (2018)[1].
  • Generic entry impact: Expected significant decline in branded product sales post-generic launch.
  • Global dyslipidemia drugs market growth: Forecasted to grow from 2024 to 2031, driven by increasing prevalence of lifestyle-related diseases[4].

Key Takeaways

  • The introduction of generic versions of Welchol significantly impacts the market dynamics and financial trajectory of the branded product.
  • Generic competition leads to reduced sales and market share for the branded product.
  • The broader dyslipidemia drugs market is expected to grow, driven by increasing demand for cholesterol management treatments.
  • Regulatory changes and patient affordability play crucial roles in shaping the market.

FAQs

What is Welchol used for?

Welchol, or colesevelam HCl, is used to treat high cholesterol and type 2 diabetes. It works by binding to bile acids in the intestine and preventing them from being reabsorbed into the bloodstream.

How did the introduction of generic Welchol affect the market?

The introduction of generic Welchol led to a significant decline in sales and market share for the branded product, as patients and healthcare providers opted for the more affordable generic alternative.

What is the current market size for dyslipidemia drugs?

The global dyslipidemia drugs market is forecasted to grow from 2024 to 2031, driven by increasing prevalence of lifestyle-related diseases. The exact market size varies by region and year.

How do regulatory changes impact the financial trajectory of drugs like Welchol?

Regulatory changes, such as FDA approval requirements and drug price revisions, can significantly impact the pricing, reimbursement, and overall financial performance of drugs like Welchol.

What strategies do pharmaceutical companies employ to manage the impact of generic competition?

Companies may employ strategies such as price adjustments, marketing campaigns, life-cycle management, and introducing new global products to maintain market share and mitigate the impact of generic entries.

Sources

  1. Amneal Pharmaceuticals, Inc. - "Amneal Announces FDA Approval and Launch of Generic Welchol (Colesevelam HCl) Tablets, 625 mg" - PR Newswire, May 17, 2018.
  2. HilleVax - "HilleVax Reports Second Quarter 2024 Financial Results and Provides Business Update" - August 8, 2024.
  3. Daiichi Sankyo Co., Ltd. - "Annual Report 2010" - July 31, 2008.
  4. iHealthcareAnalyst - "Dyslipidemia Drugs Market and Forecast 2024-2031".
  5. Gilead Sciences - "Gilead Sciences Announces Fourth Quarter and Full Year 2023 Financial Results" - February 6, 2024.

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.