When Does Exclusivity Expire?
Vascepa (icosapent ethyl) is a prescription medication used to treat adults with persistent high levels of triglycerides. It is patented by Amarin Pharma and the US Food and Drug Administration (FDA) approved the patent in 2012 [1]. Vascepa's primary patent is set to expire in 2028, which could allow generic versions of the medication to enter the market [2]. According to DrugPatentWatch.com, several generic manufacturers have filed applications for Vascepa and are expected to enter the market after the patent expires [3].
Difference Between Brand Name and Generic
When a generic version of Vascepa becomes available, it will be produced by other manufacturers and will be considered a generic equivalent of the brand name Vascepa. Generics are typically less expensive than brand name drugs because manufacturers do not have to invest in the research and development that went into creating the original drug [4]. However, it's essential to note that not all manufacturers may be authorized to sell generic Vascepa.
How Do I Save Money on Vascepa Generics?
To save money on Vascepa generics, patients can consider the following options:
- Generic Versions: Once the patent expires, several generic manufacturers will be authorized to produce Vascepa. Generic versions will likely be priced lower than the brand name.
- Patient Assistance Programs: Amarin Pharma offers patient assistance programs that provide free or discounted Vascepa for eligible patients. These programs are subject to change and are not necessarily related to the arrival of generic versions.
- Price Comparison: Before a generic version is available, patients can compare prices for Vascepa from different pharmacies or retailers to find the best option.
- Insurance Coverage: Check with your insurance provider to see if they cover Vascepa and if they have any preferred pharmacies or copayment plans that could help reduce costs.
What Side Effects Are Patients Asking About?
As with any medication, Vascepa can cause side effects. Although Vascepa generics will likely have the same active ingredient, patients may still experience side effects. Common side effects of Vascepa include [5]:
- Blood thinners or antiplatelet agent therapy may increase the risk of bleeding
- Blood thinners or antiplatelet agent therapy may increase the risk of gastrointestinal bleeding
- Increased liver enzymes
It is always a good idea to follow your doctor's instructions and discuss potential side effects with them.
Competitors and Alternatives
Vascepa is not the only medication used to treat elevated triglycerides. Other medications, such as omega-3 fatty acids, may be considered as alternatives.
Price Comparison
Before a generic version is available, it is difficult to find a reliable source for current market prices. However, according to various sources, the price of Vascepa can vary based on where you purchase it, what insurance plan you have, and where your pharmacy is located [6].
Sources:
[1] FDA: Approval of Vascepa (icosapent ethyl) https://www.accessdata.fda.gov/scripts/cder/drugsatfda/index.cfm?action=approved&productid=VASCIPA
[2] DrugPatentWatch.com: Vascepa (icosapent ethyl) https://drugpatentwatch.com/patent/US-8092912
[3] DrugPatentWatch.com: Vascepa (icosapent ethyl) Generic Entrants https://drugpatentwatch.com/generic/VASCEPA
[4] FDA: Generic drugs https://www.fda.gov/drugs/development-approval-process-drugs/generic-drugs
[5] RxList: Common side effects of Vascepa https://www.rxlist.com/vascepa-side-effects/drugs-condition.htm
[6] Various sources of current market price information