Tuesday, March 28, 2017

Happy Days are near, but yet so far away, for Generic Viagra

The discussion on when pharma patents expire is often long and tortuous.
The the ED world of Viagra and Cialis we discuss the 2017 patent cliff here.
True, Cialis patent(s) expire in 2017, so it is reasonable to expect the influx of generics soon... Here's a list of patents related to Cialis. Note that there are a lot of patents listed that go all the way to 2020.

Here is a great discussion about the expiration of Phara patents related to Viagra. One of the main patents in viagra falls into the 1995 rule where the expiration date is computed based on the longer of the old method (17 years from issue) and the new method (20 years from first filing date). The 20 years method would be long gone. It probably took Pfizer some very fancy footwork to delay issue of the Viagra patent for almost 10 years from first filing, so the 17 years method computes longest and works best for Viagra. Plus, they got a term extension, so the patent doesn't expire until April of 2020.

But generic Viagra. A settlement with the giant of generics, Teva, allows Teva to sell a generic version of Viagra starting in December of 2017. But Teva must pay royalties to Pfizer. Pfizer recently raised prices, presumably to game this whole competition thing ensuing in 2017.

Levitra faces expiration of patents in 2018.

Great discussion on all these ED drugs is here at AccessRX.

Of course you could use another drug that is "a rose by another name": Revatio. Consumer Reports on Revatiois not in the business of making medical advised, but they suggest the the Revatio blood pressure drug might possibly work in the same way as Viagra since is contains the same active ingredient (sildenafil)

There is also a move to try to make the ED drugs an over-the-counter thing. Hmmm.

Tuesday, March 14, 2017

A Good News Story from an Unexpected Source

Here at IAM-Media is an example of using patents to secure products in a global market.
Its full strategic management of its 200 patents included creating barriers to entry  and to transform the antenna industry.  This approach does not take place overnight, more than a decade.  The company began initially with patent protected product sales which was quite successful.  Well into the market adoption,  Fractus concluded that licensing for royalties was the best option for the future.  It resulted in over $100m in royalties.

Fractus also dealt with infringements by major companies and had to be helped by the Spanish courts.  Overall, a good news story about the patent commercialization success of a small company.

Wednesday, March 8, 2017

Scenarios Now and the Genius (hidden) within Crowd via ScenarioPlans.com

On a sister site, there is a discussion by DelphiMan about the state of scenario planning today, and some new research on ways to squeeze out the genius among laypeople crowds: Scenarios Now and the Genius (hidden) within Crowd,
Check it out here on ScenarioPlans.com (or DelphiPlan.com).
First, a McKinsey study showed that CEOs really wished that they had done more scenario planning after the great recession. Before, really. But, now with almost 10 years in the rear-view mirror, it seems likely the idea of such vigilant planning for a flexible future has waned.
In the meanwhile, the genius of  crowds can still be used very effectively using a Delphi Method approach to capture the expertise of experts (or informed people).
A very interesting new study used a crowd of laypeople. Even when the crowd is, on average, misinformed, it is possible to identify those people who are really informed and correctly assess the truth.
This reminds me, but in reverse, of a Lee Iacocca story when he was at Ford (prior to the turn-around at Chrysler). They surveyed people in upscale communities to see if they would like to buy the new Ford sports kind of car being developed including a convertible version. The answer was, unequivocally, NO!.  Lee sent his team back into the suburbs to ask again. But this time the question was two part: "Would you buy this car?" NO. Would your neighbor buy this car?" Absolutely YES!
The Ford Mustang took the market by stampede!....

"We are continually faced by great opportunities brilliantly disguised as insoluble problems." 
Lee Iacocca ... from BrainyQuote.com