The Wall Street Journal44

Published on June 2016 | Categories: Documents | Downloads: 34 | Comments: 0 | Views: 218
of 2
Download PDF   Embed   Report

Comments

Content

THE WALL STREET JOURNAL44 Pfizer Gets 6-Month Patent Extensions For Viagra, Revatio

By Peter Loftus Of DOW JONES NEWSWIRES

Pfizer Inc.'s (PFE) blockbuster anti-impotence pill Viagra has been granted an additional six months of U.S. patent protection--because the company studied the drug's active ingredient in children. Don't worry, Pfizer isn't planning to market Viagra to kids. The additional exclusivity arises because Viagra shares an active ingredient, sildenafil, with another Pfizer drug, Revatio, which is marketed to treat pulmonary arterial hypertension, or high blood pressure in the lung's arteries. The U.S. Food and Drug Administration previously asked Pfizer to test Revatio in children with pulmonary hypertension. Pfizer conducted the studies and has applied for FDA approval to market Revatio for use in children; an FDA decision is expected in May. Federal law provides for such extensions of exclusivity as an incentive for drug makers to test products that may be helpful to children. During exclusivity periods, competing generic copies are generally prohibited from entering the market. The FDA granted the six-month pediatric extension for sildenafil on Feb. 9, according to the FDA website. The patent extension applies to any drug containing sildenafil, even Viagra, which is only approved for use by men with erectile dysfunction and not for use by children. As a result, the U.S. period of exclusivity for Viagra would extend by six months until April 2020, said Pfizer spokeswoman Victoria Davis. That is based on a patent due to expire in 2019, which covers sildenafil's use to treat ED. This patent was upheld by a federal judge last year, though Teva Pharmaceutical Industries Ltd. (TEVA), which challenged the patent's validity, has appealed that decision. The basic patent for sildenafil was due to expire in March 2012. The pediatric exclusivity period now extends to September. The U.S. periods of exclusivity for Revatio will extend to September for its tablet formulation, and to May 2013 for its intravenous formulation, Davis said. Pfizer recorded Viagra sales of $1.98 billion for 2011, and $535 million for Revatio.

Pfizer shares declined 13 cents to $21.20 in recent trading Friday. -Peter Loftus, Dow Jones Newswires; +1-215-982-5581; [email protected]

Sponsor Documents

Or use your account on DocShare.tips

Hide

Forgot your password?

Or register your new account on DocShare.tips

Hide

Lost your password? Please enter your email address. You will receive a link to create a new password.

Back to log-in

Close