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

Last Updated: December 22, 2024

levothyroxine sodium Drug Patent Profile


✉ Email this page to a colleague

« Back to Dashboard


Which patents cover Levothyroxine Sodium, and what generic alternatives are available?

Levothyroxine Sodium is a drug marketed by Teva Pharms Usa Inc, Dr Reddys, Endo Operations, Fresenius Kabi Usa, Maia Pharms Inc, Piramal Critical, Zydus Pharms, Hikma, Accord Hlthcare, Amneal, Ascent Pharms Inc, Aurobindo Pharma, Lupin, Macleods Pharms Ltd, Merck Kgaa, Mylan, and Watson Labs Teva. and is included in nineteen NDAs. There are seven patents protecting this drug and two Paragraph IV challenges.

This drug has five patent family members in three countries.

The generic ingredient in LEVOTHYROXINE SODIUM is levothyroxine sodium. There are ten drug master file entries for this compound. Fifty-one suppliers are listed for this compound. Additional details are available on the levothyroxine sodium profile page.

DrugPatentWatch® Litigation and Generic Entry Outlook for Levothyroxine Sodium

A generic version of levothyroxine sodium was approved as levothyroxine sodium by MYLAN on June 5th, 2002.

  Subscribe

AI Research Assistant
Questions you can ask:
  • What is the 5 year forecast for levothyroxine sodium?
  • What are the global sales for levothyroxine sodium?
  • What is Average Wholesale Price for levothyroxine sodium?
Drug patent expirations by year for levothyroxine sodium
Drug Sales Revenue Trends for levothyroxine sodium

See drug sales revenues for levothyroxine sodium

Recent Clinical Trials for levothyroxine sodium

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

SponsorPhase
University of PennsylvaniaPhase 4
National Institute on Aging (NIA)Phase 4
Xeris PharmaceuticalsPhase 2

See all levothyroxine sodium clinical trials

Pharmacology for levothyroxine sodium
Drug Classl-Thyroxine
Paragraph IV (Patent) Challenges for LEVOTHYROXINE SODIUM
Tradename Dosage Ingredient Strength NDA ANDAs Submitted Submissiondate
THYQUIDITY Oral Solution levothyroxine sodium 100 mcg/5 mL 214047 1 2022-12-28
TIROSINT Capsules levothyroxine sodium 137 mcg and 175 mcg 021924 1 2022-11-04
TIROSINT-SOL Oral Solution levothyroxine sodium 13 mcg/mL 25 mcg/mL 50 mcg/mL 75 mcg/mL 88 mcg/mL 100 mcg/mL 112 mcg/mL 125 mcg/mL 137 mcg/mL 150 mcg/mL 175 mcg/mL 200 mcg/mL 206977 1 2022-09-30
TIROSINT Capsules levothyroxine sodium 200 mcg 021924 1 2021-12-30
TIROSINT Capsules levothyroxine sodium 112 mcg 021924 1 2020-12-18
TIROSINT Capsules levothyroxine sodium 88 mcg, 100 mcg and 125 mcg 021924 1 2019-08-01
TIROSINT Capsules levothyroxine sodium 75 mcg and 150 mcg 021924 1 2017-12-29
LEVOTHYROXINE SODIUM for Injection levothyroxine sodium 200 mcg/vial 202231 1 2015-05-01
LEVOTHYROXINE SODIUM for Injection levothyroxine sodium 100 mcg/vial and 500 mcg/vial 202231 2 2015-04-14

US Patents and Regulatory Information for levothyroxine sodium

levothyroxine sodium is protected by seven US patents.

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Ascent Pharms Inc LEVOTHYROXINE SODIUM levothyroxine sodium TABLET;ORAL 215259-010 Jan 18, 2023 AB4 RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Macleods Pharms Ltd LEVOTHYROXINE SODIUM levothyroxine sodium TABLET;ORAL 211417-010 Dec 21, 2022 AB1,AB2 RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Accord Hlthcare LEVOTHYROXINE SODIUM levothyroxine sodium TABLET;ORAL 212399-003 Oct 19, 2020 AB1,AB2,AB3,AB4 RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Fresenius Kabi Usa LEVOTHYROXINE SODIUM levothyroxine sodium SOLUTION;INTRAVENOUS 210632-002 Apr 11, 2019 RX Yes Yes 9,782,376 ⤷  Subscribe Y ⤷  Subscribe
Lupin LEVOTHYROXINE SODIUM levothyroxine sodium TABLET;ORAL 209713-007 Jan 18, 2019 AB1,AB2,AB3 RX 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

International Patents for levothyroxine sodium

See the table below for patents covering levothyroxine sodium around the world.

Country Patent Number Title Estimated Expiration
European Patent Office 2750664 FORMULATIONS DE LÉVOTHYROXINE (LEVOTHYROXINE FORMULATIONS) ⤷  Subscribe
Canada 3045794 FORMULATIONS LIQUIDES DE LEVOTHYROXINE (LEVOTHYROXINE LIQUID FORMULATIONS) ⤷  Subscribe
World Intellectual Property Organization (WIPO) 2018102145 ⤷  Subscribe
World Intellectual Property Organization (WIPO) 2017013591 ⤷  Subscribe
World Intellectual Property Organization (WIPO) 2013033194 ⤷  Subscribe
>Country >Patent Number >Title >Estimated Expiration

Levothyroxine sodium Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Levothyroxine Sodium

Introduction to Levothyroxine Sodium

Levothyroxine sodium is a synthetic form of the thyroid hormone thyroxine (T4), widely used for the treatment of hypothyroidism, a condition characterized by an underactive thyroid gland. The market for levothyroxine sodium is driven by several key factors, including the increasing prevalence of thyroid disorders, advancements in healthcare infrastructure, and the growing demand for thyroid hormone replacement therapies.

Market Size and Growth

The global levothyroxine sodium market has been experiencing steady growth. In 2023, the market size was valued at approximately $3.73 billion and is expected to reach $3.90 billion in 2024, with a compound annual growth rate (CAGR) of 4.4%[3].

By 2030, the market is projected to grow further, reaching $4.65 billion at a CAGR of 4.5%[3]. In the longer term, the market is anticipated to touch $4.02 billion by 2032, exhibiting a CAGR of 3.1%[4].

Segmentation of the Market

The levothyroxine sodium market is segmented based on several criteria:

By Type

  • The market is segmented into oral and injection forms. Oral formulations are the most common, while injection forms are used in specific clinical scenarios[4].

By Application

  • The market is classified into hospitals, pharmacies, and other healthcare settings. The demand from hospitals and pharmacies is particularly high due to the widespread use of levothyroxine sodium in these settings[4].

By Region

  • Geographically, the market is dominated by North America, which was the largest region in 2023. However, the Asia-Pacific region is expected to be the fastest-growing region in the forecast period[3].

Driving Factors

Several factors are driving the growth of the levothyroxine sodium market:

Increasing Prevalence of Thyroid Disorders

  • The rising incidence of hypothyroidism and other thyroid disorders is a significant driver. According to the American Cancer Society, approximately 44,020 new cases of thyroid cancer are predicted in the US by 2024, highlighting the growing need for thyroid hormone replacement treatments[3].

Advancements in Diagnostic Tools and Healthcare Infrastructure

  • Improvements in diagnostic tools and healthcare infrastructure have led to earlier detection of thyroid problems, increasing the demand for levothyroxine sodium[1].

Demographic Changes

  • The aging population is a key demographic factor. Thyroid conditions, particularly hypothyroidism, are more common among the elderly, driving the demand for levothyroxine sodium formulations in developed nations[1].

Regulatory Approvals and Generic Formulations

  • The availability of generic levothyroxine formulations has increased competition and access to thyroid drugs. Regulatory approvals for these generic variants support market growth[1].

Lifestyle Factors

  • Changing lifestyles, including increased stress and sedentary habits, contribute to the risk of hypothyroidism, further driving the demand for levothyroxine sodium[1].

Market Trends

Several trends are expected to shape the levothyroxine sodium market in the forecast period:

Sustainable Healthcare Practices

  • There is an increasing focus on sustainable healthcare practices, which may impact the production, distribution, and disposal of levothyroxine sodium products[3].

Advancements in Research and Development

  • Continued investment in research and development is expected to lead to innovations in laboratory formulations and new product introductions[3].

Telemedicine and E-Pharmacy Services

  • The growing adoption of telemedicine and e-pharmacy services is likely to enhance access to levothyroxine sodium, particularly in regions with limited healthcare infrastructure[3].

Competitive Landscape

The levothyroxine sodium market is competitive, with several key players:

  • Novartis
  • Abbvie
  • Mylan Pharma
  • Merck
  • Pfizer
  • Lannett Company
  • Fresenius Kabi
  • IBSA
  • Piramal Critical Care
  • Abbott
  • Azico Biophore India
  • Excella GmbH & Co.
  • Peptido GmbH
  • China Associate Pharma[1][4].

These companies are focusing on improving API purity and consistency, expanding production capacities, and introducing new formulations to meet the growing demand.

Financial Trajectory

The financial trajectory of the levothyroxine sodium market is positive, driven by the factors mentioned above. Here are some key financial metrics:

  • Market Size in 2023: $3.73 billion[3]
  • Forecasted Market Size in 2024: $3.90 billion[3]
  • Forecasted Market Size in 2030: $4.65 billion[3]
  • Forecasted Market Size in 2032: $4.02 billion[4]
  • CAGR (2024-2030): 4.5%[1][3]
  • CAGR (2023-2032): 3.1%[4]

Regional Performance

  • North America: Currently the largest region in the levothyroxine sodium market[3].
  • Asia-Pacific: Expected to be the fastest-growing region in the forecast period[3].

Impact of External Factors

The market is also influenced by external factors such as:

COVID-19 Pandemic

  • The pandemic has had a continued but declining impact on supply chains and consumption patterns[3].

Economic Factors

  • Higher inflation and resulting interest rate spikes in many countries have affected macro-economic parameters and, consequently, the market[3].

Geopolitical Events

  • The Russian-Ukraine war has impacted supply chains and consumption patterns, particularly in the Eastern European region[3].

Key Takeaways

  • The levothyroxine sodium market is growing steadily due to the increasing prevalence of thyroid disorders and advancements in healthcare infrastructure.
  • The market is driven by demographic changes, regulatory approvals, and the introduction of generic formulations.
  • Key players are focusing on improving API purity and expanding production capacities.
  • The market is expected to reach $4.65 billion by 2030 and $4.02 billion by 2032.
  • North America is the largest region, while the Asia-Pacific region is expected to be the fastest-growing.

Frequently Asked Questions

Q: What is the expected market size of levothyroxine sodium by 2032? A: The global levothyroxine sodium market is projected to touch $4.02 billion by 2032[4].

Q: What is the CAGR of the levothyroxine sodium market from 2023 to 2032? A: The levothyroxine sodium market is expected to exhibit a CAGR of 3.1% from 2023 to 2032[4].

Q: Which regions are expected to dominate the levothyroxine sodium market? A: North America is currently the largest region, while the Asia-Pacific region is expected to be the fastest-growing in the forecast period[3].

Q: What are the main types of levothyroxine sodium formulations? A: The market is segmented into oral and injection forms[4].

Q: Who are the key players in the levothyroxine sodium market? A: Key players include Novartis, Abbvie, Mylan Pharma, Merck, Pfizer, and others[1][4].

Sources

  1. Global Levothyroxine Sodium API Market Research Report 2024 - Valuates Reports
  2. Levothyroxine Sodium Global Market Report 2024 - Research and Markets
  3. Levothyroxine Sodium Global Market Report 2024 - GII Research
  4. Levothyroxine Sodium Market Size, Share & Forecast, 2032 - Business Research Insights
  5. Levothyroxine Sodium Sales Market Size, Scope And Forecast Report - Market Research Intellect

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.