An expired patent cannot be
renewed. After the patent on a drug expires, any pharmaceutical company can
manufacture a generic version of the drug and sell it. This helps the company
incur only manufacturing cost avoiding the cost of original testing,
development and marketing.
A phenomenon called patent cliff
arises when drugs go off-patent as a firm's revenues goes down since these
products can be replicated and sold at much cheaper prices by competitors, opening
opportunities for generic drug manufacturers.
All the generic products should
be approved by FDA, which requires pharmaceutical companies to submit ANDA (a therapeutical
equivalent to the originally approved drug). Hatch-Waxman Act is a standardized
U.S. procedure for recognition of generic drugs. FDA has also launched the
Generic Initiative for Value and Efficiency (GIVE) to help modernize and
streamline the generic drug approval process. More generic-drug options mean
more cost-savings to consumers, as they are less expensive compared to the
branded drugs.
The table below (sourced from Patent Maker)
illustrates some of the medical devices and pharma patents that expired[i]
in June 2014 along with the
respective products covered.
U.S. Patent Number
Title
|
Owner/Assignee
|
Products
Covered
|
Medical Devices
|
||
Valve prosthesis for implantation in the body and a catheter for
implanting such valve prosthesis
|
Edwards Sapien Transcatheter Heart
Valve with the RetroFlex 3 Delivery System
|
|
Kits for high temperature reverse transcription of RNA
|
GeneSearch Breast Lymph Node (BLN)
Assay
|
|
Biodegradable mesh and film stent
&
Catheters having a reusable proximal body
|
Guidant Multi-link Vision Coronary
Stent System
|
|
Drug
|
||
Pharmaceutical composition for angiotensin II-mediated diseases
|
Atacand HCT & Edarbi
|
|
Sustained release comfort formulation for glaucoma therapy
|
Betoptic Pilo
|
|
Medicaments
|
Frova
|
|
Insulin analog formulations
|
Humalog (Mix, Pen, KwiKPen)
|
|
Monomeric insulin analog formulations
|
Humalog Mix
|
|
Stabilized microbubble compositions
|
Imagent
|
|
Topically administrable compositions containing
3-benzoylphenylacetic acid derivatives for treatment of ophthalmic
inflammatory disorders
|
Ilevro, Nepafenac & Nevanac
|
|
Topical application compositions
|
Locoid Lipocream
|
|
Sphingosomes for enhanced drug delivery
|
Marqibo Kit
|
|
Controlled absorption naproxen formulation for once-daily
administration
|
N/A
|
Naprelan
|
Methods and compositions for the treatment of pain utilizing
ropivacaine
|
Naropin
|
|
Method for the treatment of gastric acid-related diseases and
production of medication using (-) enantiomer of omeprazole
|
Nexium
|
|
Compounds
|
N/A
|
Nexium & Vimovo
|
Compounds
|
Nexium IV
|
|
Retroviral protease inhibiting compounds
|
Norvir
|
|
Sustained release formulations of water soluble peptides
|
|
Sandostatin Lar
|
Treatment of basal cell carcinoma and actinic keratosis employing
hyaluronic acid and NSAIDs
|
Solaraze
|
|
Stable gel formulation for topical treatment of skin conditions
|
N/A
|
Tazorac
|
hGH containing pharmaceutical compositions
|
Saizen, Serostim & Zorbtive
|
|
Amine polymer sequestrant and method of cholesterol depletion
|
Welchol
|
|
Process for removing bile salts from a patient and alkylated
compositions therefor
|
Welchol
|
|
Agricultural Seeds
|
||
Rice actin gene and promoter
|
N/A
|
YieldGard Corn Borer with Roundup
Ready Corn 2
|
DroughtGard Hybrids Corn
|
||
YieldGard Plus with Roundup Ready Corn
2
|
||
YieldGard Rootworm with Roundup Ready
Corn 2
|
||
YieldGard VT Rootworm/RR2
|
||
Genuity SmartStax
|
||
Genuity VT Double PRO
|
||
Genuity VT Triple PRO and Performance
Series Sweet Corn
|
||
Roundup Ready Corn 2
|
||
YieldGard VT Triple
|
||
Absorbent Products
|
||
Disposable garment with de-elasticized elastic members and method
for making same
|
N/A
|
Depend Real Fit for Men
|
Depend Adjustable Underwear
|
||
Depend Silhouette for Women
|
||
Depend Underwear
|
Patent Marker is a
database of products and patents, in which the patents that apply to each
product are identified. Any registered user is free to add a product for
marking. Patent Marker is an online tool that makes it easy for companies/patentees
to mark their products and serve notice to the public of their ownership of inventions.
The database
includes powerful search functionality that can be used to identify products
and their related-patents, patent expiration date, number of litigations the
patent is involved, etc. The database interfaces with MaxVal’s Litigation Databank and Assignment
Database to retrieve litigation and current assignee information,
respectively.
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