mineralphd t1_jaq45ci wrote on March 3, 2023 at 6:11 AM Reply to The Vyvanse patent expires this year. How long does it usually take generic alternatives to get approved, and how much of a reduction in cost is expected on average? by paleselan1 Assuming no remaining patent issues, generics will start right away. However, as an incentive, one generic manufacturer will be granted exclusivity for six months where the price will not drop much. After that, the more popular the drug, the more competition and the price will drop considerably. But in the past ~10 years, generic prices have risen sharply. https://www.fda.gov/drugs/cder-small-business-industry-assistance-sbia/small-business-assistance-180-day-generic-drug-exclusivity Permalink 17
mineralphd t1_jaq45ci wrote
Reply to The Vyvanse patent expires this year. How long does it usually take generic alternatives to get approved, and how much of a reduction in cost is expected on average? by paleselan1
Assuming no remaining patent issues, generics will start right away. However, as an incentive, one generic manufacturer will be granted exclusivity for six months where the price will not drop much. After that, the more popular the drug, the more competition and the price will drop considerably. But in the past ~10 years, generic prices have risen sharply. https://www.fda.gov/drugs/cder-small-business-industry-assistance-sbia/small-business-assistance-180-day-generic-drug-exclusivity