Novartis` Prometax (rivastigmine) Receives Approval in Europe
Luye Pharma Group announced today that one of its key central nervous system (CNS) products, Rivastigmine Transdermal Patch, has been approved by the National Medical Products Administration in China. It is the first transdermal patch product approved for marketing under China CDE’s quality and efficacy consistency evaluation. Luye Pharma is committed to the continual development of its CNS pipeline, further strengthening the company’s competitiveness in this therapeutic field.
When out-of-pocket drug costs rise, patients with common neurological disorders are more likely to forgo their medication, a U.S. study suggests
Zydus Noveltech`s Generic Rivastigmine Receives Approval in US
Luye Pharma acquired the rights for Seroquel (Quetiapine Fumarate) and Seroquel XR from AstraZeneca in 51 countries and regions, including China, with the acquisition finalized in June 2018.
Mylan announced today the U.S. launch of its rivastigmine transdermal drug-delivery patch, a generic version of Novartis‘ (NYSE:NVS) Exelon therapy.
Mylan Technologies Generic Rivastigmine Receives Approval In US
The number of prescriptions dispensed in England for approved medicines to treat Alzheimer’s disease is six times higher than a decade ago, official figures have revealed.
Alzheimer's drug development is a difficult venture, as pharma knows all too well. The meds' troubling side effects and potential safety issues make marketing a risky game, with few companies grabbing a seat at the table. According to a recent analysis of postmarketing data, meds from Novartis ($NVS), Allergan ($AGN) and Japan's Eisai turned up more reports of potentially dangerous side effects than other products.
The first generic version of Novartis' ($NVS) transdermal patch for Alzheimer's has launched with hopes of getting a slice of the branded med's approximately $400 million in annual sales. Until now, Novartis' Exelon Patch was the only transdermal product for the disease on the market.