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43 Pharmas Apply To Make Generics Of Off-Patent Plavix In China

China’s State FDA received applications from 43 Chinese drug companies to manufacture generics of Sanofi’s $10-billion anti-clotting drug Plavix, whose patent expired in May.

China’s State FDA received applications from 43 Chinese drug companies to manufacture generics of Sanofi’s $10-billion anti-clotting drugPlavix (clopidogrel), whose patent expired in May. Fifteen companies have gained approvals, including nine API makers (including Shenzhen Salubris Pharmaceutical Co., Ltd.) and two formulation producers (including Henan XInShuaike Pharmaceutical Co., Ltd.). According to SFDA figures, Plavix sales growth subdued from 65.7% in 2007 to 22% in 2011, and sales will likely reach RMB 20 billion in 2015, from RMB 6.8 billion in 2010. Looking forward, the drug will face competition from the increasingly prominent Taijia (clopidogrel) manufactured by Shenzhen Salubris, whose market share grew from 9.2% to 26.69% during 2006-2011, and other upcoming generics. (Click Here For More - Chinese Language

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