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How Long Does It Take For A Generic Drug To Be Made Once a Patent Expires?

Posted on 4/29/17 at 3:19 pm
Posted by JabarkusRussell
Member since Jul 2009
15825 posts
Posted on 4/29/17 at 3:19 pm
I saw that the patent for Staterra expired in March. I asked Walgreens how much it would cost out of pocket and they said $600 for 30 pills.
Posted by East Coast Band
Member since Nov 2010
66992 posts
Posted on 4/29/17 at 3:21 pm to
Go to Mexico now and get whatever you want for a fraction of the cost.
Posted by JabarkusRussell
Member since Jul 2009
15825 posts
Posted on 4/29/17 at 3:23 pm to
Honestly would be cheaper to buy a round trip plane ticket to Mexico then pay $600.
Posted by BRgetthenet
Member since Oct 2011
118270 posts
Posted on 4/29/17 at 3:35 pm to
Currently there is no generic version of Strattera. The earliest a generic version may become available is in 2017, when the patent for Strattera expires. However, Strattera may remain the exclusive property of the pharmaceutical company Eli Lilly even after this date.
Posted by BeauxNArreaux
Tennessee
Member since Jun 2016
798 posts
Posted on 4/29/17 at 3:40 pm to
Usually the initial patent is for 10 years, but many times the patent holder can file for an extension and get it renewed for another 5-10 years.
Posted by LSU alum wannabe
Katy, TX
Member since Jan 2004
27872 posts
Posted on 4/29/17 at 3:40 pm to
Viagra is a prime example.

I believe the patent is ten years. They just buy off other competitors.
Posted by joey barton
Member since Feb 2011
11468 posts
Posted on 4/29/17 at 3:57 pm to
As of January, anticipated by May

LINK
Posted by Arthur Bach
Member since Jul 2016
3353 posts
Posted on 4/29/17 at 4:06 pm to
Once a patent expires the generic is already going to be available very shortly after
Posted by bouefbengal
Baton Rouge
Member since Jan 2005
2339 posts
Posted on 4/29/17 at 4:46 pm to
Patents are for 20 years , first generic usually has exclusive rights for 6 months price doesn't really drop until there are multiple generics
Posted by shotcaller1
Member since Oct 2014
7501 posts
Posted on 4/29/17 at 4:47 pm to
Id imagine companies have generics in production scheduled to be released right when the patent expires
Posted by tonydtigr
Beautiful Downtown Glenn Springs,Tx
Member since Nov 2011
6849 posts
Posted on 4/29/17 at 4:52 pm to
Try other outlets than Walgreens. I had the same situation with Walgreens regarding generic Zetia. Once it went generic they were still asking nearly as much as for the original. I found it for half their price elsewhere.
Posted by swagsurfin7
Founder of the Alex Morgan Fan Club
Member since Dec 2009
7339 posts
Posted on 4/29/17 at 4:56 pm to
quote:

How Long Does It Take For A Generic Drug To Be Made Once a Patent Expires?


10 years
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 4/29/17 at 4:59 pm to

Back when I was in PBM patents for brands were 17 years. Was it reduced?
Posted by bouefbengal
Baton Rouge
Member since Jan 2005
2339 posts
Posted on 4/29/17 at 5:48 pm to
Was 17 NAFTA extended them to 20 don't know why people keep saying 10
Posted by MSTiger33
Member since Oct 2007
21754 posts
Posted on 4/29/17 at 6:18 pm to
Depends how fast the FDA approves the anda
Posted by Patron Saint
Member since Jul 2013
4214 posts
Posted on 4/29/17 at 7:07 pm to
quote:

Honestly would be cheaper to buy a round trip plane ticket to Mexico then pay $600.


Why? It seems to me that then you'd pay for not only the drug, but also the flight.
Posted by el duderino III
People's Republic of Austin
Member since Jul 2011
2429 posts
Posted on 4/29/17 at 7:16 pm to
ok first off, walgreens' business model is targeted towards customers with insurance who are only paying their copay every month. Never, ever pay out of pocket for medications from walgreens. Your best bet is Costco or a grocery store. Always call around to compare prices, or use GoodRx

Second, Pharmaceutical companies play all kinds of sleazy games with drug prices. It takes several years of a patent expiring before the cost substantially comes down. Usually, the first company to produce the generic is a subsidiary that is owned by the company with the patent anyway, so prices barely fall at all.

also, the patent expires 20 years after they file it, but they file a patent for a molecule as soon as it's discovered and it usually takes 7 or 8 years after that until it's approved by the FDA

This post was edited on 4/29/17 at 7:22 pm
Posted by airfernando
Member since Oct 2015
15248 posts
Posted on 4/29/17 at 7:35 pm to
approval after submission takes 10 months on average for generics.
This post was edited on 4/29/17 at 7:36 pm
Posted by OKellsBells
USA
Member since Dec 2016
5264 posts
Posted on 4/29/17 at 7:41 pm to
quote:

Viagra is a prime example

Viagra is sildenafil. The 20mg form is available in generic. We switch all the viagra patients to this. Insurance won't cover 20mg unless you have pulmonary hypertension but you can get 90 for $65 with our discount card.

Carrier code: PARX
BIN: 610210
Group: CMTY202
ID: CMTYCR383

quote:

How Long Does It Take For A Generic Drug To Be Made Once a Patent Expires?


Depends on so many factors.
FDA website

Edit. I left out a "y" in one of the codes. I'll double check tomorrow that I'm correct, I posted the codes from memory.



This post was edited on 4/29/17 at 7:54 pm
Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
77695 posts
Posted on 4/29/17 at 7:44 pm to
quote:

OKellsBells


Damn it is HOT when you talk business...

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