Generic for Forxiga competition in the 90 Billion market
By Kim, Jin-Gu | translator Kim, Jung-Ju
23.02.02 17:43:19
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Supreme Court rules to dismiss AZ appeal, nine months ahead of generic release
39 items from 14 companies will be released in April this year
The posting period ends in January next year
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The patent for "Forxiga," a large diabetes treatment that produces more than 90 billion won a year, was completely lifted by the Supreme Court ruling. It is expected that patent challengers will release Forxiga generic in two months. Competition for generics is expected to intensify when the sales ban period ends in January next year due to the permission for priority sales items.¡ß14 Generics are expected to be released in April this year, expanding to 90 in January next year
On the 2nd, the Supreme Court ruled against 17 companies, including international drugs, in an appeal filed by AstraZeneca to side with generic companies. As a result, patent challengers will be able to rele
Kim, Jin-Gu(kjg@dailypharm.com)
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