Expiring Pharmaceutical Patents - How to Mitigate the Fall
When pharmaceutical patents expire, a revenue drop follows as generic drugs enter the market. Depending on the size of the revenue share for the company, an expiring pharmaceutical patent can be a drop akin to a handful of stairs or a cliff.
Pharmaceutical patent cliffs are not new, but the size of the impending cliff has the industry concerned. By 2030, approximately 190 drugs will lose pharmaceutical patent protection. Historically speaking, the last decade also featured some pricey expirations.