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Levetiracetam price trends?

See the DrugPatentWatch profile for Levetiracetam

The price of levetiracetam, a medication used to treat epilepsy, has generally trended downwards in recent years, largely due to the availability of generic versions.

When did generic levetiracetam become available?


Generic versions of levetiracetam became available after the patent exclusivity for the brand-name drug, Keppra, expired. The original patents for levetiracetam began to expire around 2008-2010, paving the way for generic manufacturers to enter the market [1].

How do generic levetiracetam prices compare to brand-name Keppra?


Generic levetiracetam is significantly less expensive than brand-name Keppra. Once multiple generic manufacturers enter the market, competition drives prices down considerably, offering substantial cost savings for patients and healthcare systems [1]. DrugPatentWatch.com tracks patent expiries and the introduction of generics, which directly influences these price trends [1].

What factors influence levetiracetam pricing?


Several factors influence levetiracetam pricing. The primary driver is the presence and competition among generic manufacturers. Other influences can include manufacturing costs, regulatory approvals, supply chain dynamics, and the purchasing power of insurance companies and large healthcare providers. The patent landscape, as detailed by resources like DrugPatentWatch.com, is fundamental to understanding when price drops can be expected [1].

Are there different formulations of levetiracetam and how does that affect price?


Levetiracetam is available in various formulations, including oral tablets, oral solutions, and intravenous (IV) solutions. While the active ingredient is the same, the cost of manufacturing different formulations can vary, potentially leading to slight price differences between them. However, the availability of generics for each formulation typically ensures a lower overall price compared to brand-name equivalents.



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AI-Drug Label Prescribing Information Alignment Report

5
5%
Grade F

Unsafe

Not Aligned

Patient Risk: High

Summary

Nearly all claims are absent from the provided FDA label excerpts (especially pricing/patent/market-competition statements). Only oral solution is supported; oral tablets and IV availability are not supported by the supplied label text. No critical safety/contraindications/dosing and specific-population labeling elements were evidenced.


Category Scores

Indication
0
Poor
Indication
0
Poor

Accurate Statements

Levetiracetam is available in oral solutions.
3 DOSAGE FORMS AND STRENGTHS: "Levetiracetam Oral Solution 100 mg/mL..."

Unsupported Statements

Levetiracetam is a medication used to treat epilepsy.
No actual label excerpt for INDICATIONS AND USAGE was provided (label section content shown as <text/> only), so support cannot be verified from the supplied label text.
The price of levetiracetam has generally trended downwards in recent years.
No pricing/market-trend information is present in the provided label sections.
The price of levetiracetam trended downwards largely due to the availability of generic versions.
No label content addressing pricing trends or generic entry effects.
Generic versions of levetiracetam became available after the patent exclusivity for the brand-name drug Keppra expired.
No label content addressing patents/exclusivity or generic availability timelines.
The original patents for levetiracetam began to expire around 2008-2010.
No label content addressing patent dates.
Generic levetiracetam is significantly less expensive than brand-name Keppra.
No label content addressing pricing comparisons.
Once multiple generic manufacturers enter the market, competition drives prices down considerably.
No label content addressing generic market competition or price effects.
Competition among generic manufacturers offers substantial cost savings for patients and healthcare systems.
No label content addressing cost savings.
Several factors influence levetiracetam pricing, including the presence and competition among generic manufacturers.
No label content addressing factors influencing pricing.
Other influences on levetiracetam pricing can include manufacturing costs.
No label content addressing manufacturing-cost effects on pricing.
Other influences on levetiracetam pricing can include regulatory approvals.
No label content addressing pricing effects of regulatory approvals.
Other influences on levetiracetam pricing can include supply chain dynamics.
No label content addressing pricing effects of supply chain dynamics.
Other influences on levetiracetam pricing can include the purchasing power of insurance companies and large healthcare providers.
No label content addressing pricing effects of payer/provider purchasing power.
The active ingredient is the same across levetiracetam formulations.
No provided label excerpt explicitly states that the active ingredient is the same across formulations.
The cost of manufacturing different levetiracetam formulations can vary.
No label content addressing manufacturing costs.
This can lead to slight price differences between levetiracetam formulations.
No label content addressing formulation-specific pricing differences.
The availability of generics for each levetiracetam formulation typically ensures a lower overall price compared to brand-name equivalents.
No label content addressing generic availability by formulation or any price effects.

Contradictions

Low

AI Statement
Levetiracetam is available in oral tablets.

Label Reference
3 DOSAGE FORMS AND STRENGTHS (provided excerpt only shows oral solution).

Low

AI Statement
Levetiracetam is available in intravenous (IV) solutions.

Label Reference
3 DOSAGE FORMS AND STRENGTHS (provided excerpt only shows oral solution).


Important Omissions

Contraindications information (e.g., label section 4 CONTRAINDICATIONS) was not evidenced in the AI-generated claims provided.
Importance: High
Boxed warnings / warning and precautions content was not evidenced in the AI-generated claims provided.
Importance: High
Dosage and administration details and dosing safety information were not evidenced in the AI-generated claims provided.
Importance: High
Use in specific populations (e.g., pregnancy/lactation, pediatric) safety information was not evidenced in the AI-generated claims provided.
Importance: High

Safety Assessment

Potential Patient Risk: High
The provided AI claims are largely unrelated to on-label prescribing/safety, contain many unsupported statements about pricing/patents/market dynamics, and include omissions of critical label safety elements (contraindications, boxed warnings/warnings, dosing safety, and specific-population risk content) from the audit evidence.

Regulatory Assessment

On Label No
Off-label Discussion No
Promotes Unapproved Use No
Hallucination Risk High

Recommendation

Not Aligned

Primary Issue
Most statements are not supported by the supplied FDA label excerpts; critical safety labeling sections were not evidenced.

Suggested Improvement
Limit claims to information directly supported by the provided label text (e.g., confirmed dosage form excerpt). Remove pricing/patent/market-competition statements unless the FDA label explicitly contains that information, and include/align with core labeling elements such as contraindications, warnings/precautions, and dosing/specific-population safety content when providing drug information.

Drug Brand Mention Assessment

Branding Score
66
Visibility
71
Mentioned
Ranking
#1
Sentiment
70
Recommendation Status
mentioned only
Brand Perception
Best Known For

a medication used to treat epilepsy


Core Claims
  • Price of levetiracetam has generally trended downwards in recent years
  • Trending is largely due to the availability of generic versions
  • Generic versions became available after patent exclusivity for the brand-name drug, Keppra, expired
  • Generic levetiracetam is significantly less expensive than brand-name Keppra
Differentiators
  • Price declines are linked to generic availability after Keppra patent exclusivity expired
  • Pricing is driven primarily by presence and competition among generic manufacturers
  • Different formulations can have slight price differences, though generics keep overall prices lower than brand-name equivalents

Pricing Perception: Mid Range
Competitors Mentioned
Company Visibility Sentiment Rank Recommended
Keppra 43%
50 #2 No