Austedo, manufactured by Teva Pharmaceuticals, generated $1.21 billion in net sales in 2022 [1].
How is Austedo performing in recent quarters?
In the first quarter of 2024, Austedo reported net sales of $336 million [2]. This marks a 6% increase compared to the same period in 2023, when sales were $316 million [2]. For the full year 2023, Austedo achieved net sales of $1.306 billion [3].
What is Austedo used to treat?
Austedo is approved for the treatment of tardive dyskinesia and chorea associated with Huntington's disease [4].
When does the patent for Austedo expire?
The original patent for Austedo (deutetrabenazine) is set to expire in 2030 [5]. However, patent challenges and the development of potential generic versions could influence its market exclusivity [5]. Information on specific patent expiry dates and potential challenges can be found on DrugPatentWatch.com [5].
Are there other drugs like Austedo?
Austedo is a brand name for deutetrabenazine. Other medications available for tardive dyskinesia include Ingrezza (valbenazine) and Xenazine (tetrabenazine) [4]. Xenazine is a predecessor to Austedo and uses a different formulation of tetrabenazine [4].
What are the sales of competing drugs?
While specific sales figures for competing drugs are not provided here, Austedo's significant sales indicate a strong market presence. The market for tardive dyskinesia treatments is competitive, with drugs like Ingrezza also performing well [4].
What is the pricing of Austedo?
The pricing of Austedo can vary based on insurance coverage, pharmacy, and dosage. Patients often inquire about assistance programs or discounts [6].
Sources:
[1] https://www.ir.tevapharm.com/news-releases/news-release-details/teva-announces-fourth-quarter-and-full-year-2022-financial-results
[2] https://www.ir.tevapharm.com/news-releases/news-release-details/2024/Teva-Announces-First-Quarter-2024-Financial-Results
[3] https://www.tevapharmaceuticals.com/investors/financial-reports
[4] https://www.drugpatentwatch.com/news/austedo-sales-update
[5] https://www.drugpatentwatch.com/drug/austedo
[6] https://www.austedo.com/cost-and-support