InvestorsHub Logo
Followers 46
Posts 1362
Boards Moderated 0
Alias Born 08/09/2015

Re: Investor2014 post# 113557

Tuesday, 08/01/2017 8:45:55 PM

Tuesday, August 01, 2017 8:45:55 PM

Post# of 459264
Maybe, you are not quite on base because this is not the full picture regarding exclusivity. Drug exclusivity is more complex. Besides patent exclusivity, generally there are other forms of exclusivity. Definitely, at the very least, you need to know these forms of exclusivity:

1. Orphan Drug Exclusivity (ODE) - 7 years: • Granted to drugs designated and approved to treat diseases or conditions affecting fewer than 200,000 in the U.S. (or more than 200,000 and no hope of recovering costs) • Runs from time of approval of NDA or BLA • Bars FDA from approving any other application (ANDA, 505(b)(2) or “full” NDA or BLA) for the same drug for thesame orphan disease or condition for seven years • Covered under the Orphan Drug Act and 21 CFR 316.31
2. New Chemical Exclusivity (NCE) - 5 years: • Granted to a drug that contains no active moiety that has been approved by FDA under section 505(b) • Runs from time of NDA approval • Bars FDA from accepting for review any ANDA or 505(b)(2) application for a drug containing the same active moiety for: - five years if an ANDA or 505(b)(2) does not contain a paragraph IV certification to a listed patent - four years if an ANDA or 505(b)(2) is submitted containing a paragraph IV certification to a listed patent • Described in 21 CFR 314.108
3. "Other" Exclusivity - 3 years for a "change" if criteria are met: • Granted to drug when application or supplement contains reports of new clinical investigations (not bioavailability studies) conducted or sponsored by applicant and essential for approval • Runs from time of NDA approval • Bars FDA from approving, for a three year period, any ANDA or 505(b)(2) application that relies on the information supporting the approval of the drug or the change to the drug for which the information was submitted and the exclusivity granted • Described in 21 CFR 314.108

4. Pediatric Exclusivity (PED) - 6 months added to existing Patents/Exclusivity • Grants an additional 6 months of market protection at the end of listed patents and/or exclusivity for sponsor’s drug products containing the active moiety, when the sponsor has conducted and submitted pediatric studies on the active moiety in response to a Written Request from FDA • Pediatric exclusivity takes on characteristics of five year, three year or orphan exclusivity when it attaches to those protections. • Described in the Best Pharmaceuticals for Children Act (BCPA) and Section 505(A) of the Food and Drug Administration Modernization Act of 1997.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AVXL News