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Thursday, March 12, 2020 10:34:23 PM
Essential Medicine Executive Order
I have seen different definitions of what is an essential medicine to include from 200-400 items. The WHO has such a list.
WHO Essential Medicines
I compared both ANI's active RX products and their pipeline products from the Orange Book. 10 of the active RX products are on the WHO list and 32 of the pipeline products.
Further, I looked at the number of foreign-based manufacturers listed in the Orange Book for these same products. I was surprised how many foreign-based companies are making them. For example, for Anastrozole, there are 12 total manufacturers we are competing with and ten of them are based outside of the U.S. Similarly for the Vancomycin injectable that is in our pipeline, there are 8 total manufacturers with 4 outside of the U.S.
This seems like it can be a real game changer for us both for our current RX and pipeline products. I would think this would completely change the economics of bringing forward these pipeline products.
Lastly, the Indian companies will need a U.S. presence so it makes us an attractive acquisition.
Best of luck to all.
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