Posted: 09/03/2014

Celebrex Going Generic - Major Celebrex Price Cuts Expected

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After a series of legal actions and acrimonious maneuverings, it looks like Pfizer’s workhorse medication Celebrex will finally be available for consumers in its generic form, celecoxib. Both the drug manufacturers and distributors Mylan and Teva will be able to grab a share of this multi-billion dollar pie by no later than the end of the year.

For those not familiar with this product, Celebrex (celecoxib) is a non-steroid anti-inflammatory drug (NSAID) prescribed to fight pain, particularly that of arthritis and ankylosing spondylitis (an inflammatory disease affecting the vertebrae in the spine).

At first, it looked as if Pfizer had staved off the competition when, in March of 2013, a key patent was reissued, allowing them to continue exclusive rights until the end of 2015. But in March of this year, that order was reversed, and the FDA started to permit generic manufacture and distribution.

The bulk of the generic market will fall initially to Teva, who was granted access by Pfizer to the three largest doses (100, 200, and 400 mg) and can put them on the market at any time between now and December, with exclusive rights for approximately six months.

The Mylan contract allows it marketing rights to the smallest dose (50 mg) for the same length of time – a situation they are not pleased with and they have taken addition legal action to overturn. However, a decision on this has not yet been issued, but by the end of the year they will be able to market all four doses.

Actavis was also involved in the settlement, but there is no word on when they will begin production.

While the fight about who can market what and have the largest share for the first six months continues, there will be no delaying the release of celecoxib. Following this first six-month period, the generic base will expand as more companies will be allowed to manufacture the generic.

While no specific launch date has been set by either Teva or Mylan, it is expected that distribution will begin immediately now that the legal machinations have either been resolved or are in their final stages.

For consumers, this is a tremendous boon. Celebrex has been Pfizer’s second most popular product (trailing only Lipitor), and was responsible for generating almost three billion in total sales last year. To some extent, this is not surprising given that prices for this medication start at $130 for sixty 50 mg capsules and push $700 for the same number at 400 mg. Once the generic formulations hit the market, however, it is expected that prices for this popular medication will begin their gradual drop by anywhere from 30 to 80 percent.

For more generic alternatives to brand name medications, visit our Generic Medications & Discounts page. There you can view the top 10 prescription drugs with generic equivalents and view other generic drug information.

By Diana, HelpRx Staff Blogger

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About the HelpRx.info Blog

HelpRx.info is staffed by experts in the prescription medication industry. Get the latest health, medical news and pharmaceutical news that can save you money and allow you to take charge of your healthcare. With frequent updates about the prescription drug industry as well as medicine news, you'll gain an insider look into the industry and learn more about how to get the best price on your prescriptions while not sacrificing quality. Subscribe to the HelpRx.info pharmacy blog through our RSS feed or get updates by liking HelpRx.info on Facebook and following HelpRx.info on Twitter.

About HelpRx

Our discounts provide you access to negotiated prices on your prescription drugs at your local pharmacy. We can provide these because we're partnered with OptumRx, a BIG pharmacy benefit provider that provides prescription coverage for MILLIONS of people like you.

About ScriptRelief

Script Relief, the creator of the NPSN card and HelpRx discounts, helps consumers save an average of 50%, and up to 75%, off their prescriptions.

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