Eliquis, a popular anticoagulant medication, has been widely prescribed for its effectiveness in preventing blood clots and reducing the risk of stroke. As patients seek more affordable options, the question arises: when will Eliquis go generic? Understanding the timeline for generic availability can help patients make informed decisions about their treatment.
The Current Status of Eliquis
Eliquis, also known by its generic name apixaban, was developed by Bristol-Myers Squibb and Pfizer. It was approved by the FDA in 2012. Since then, it has gained significant market share among anticoagulants due to its ease of use and dosing convenience.
Patent Information
- Original patents for Eliquis are set to expire in 2026.
- Additional patents when will eliquis go generic related to formulation and manufacturing may extend exclusivity until 2031.
Generic drugs typically enter the market after the original product’s patent protections have expired. This means that most estimates suggest Eliquis will not be available as a generic until at least 2026, with potential delays based on further patent protections.
Implications for Patients
The inability to access a generic version of Eliquis can lead to higher out-of-pocket costs for patients. Here are some considerations:
- Cost of Brand Name Drug: Eliquis can be expensive, especially for those without insurance coverage.
- Alternatives: Discussing alternative anticoagulants with healthcare providers may provide cost-effective solutions.
- Assistance Programs: Some pharmaceutical companies offer patient assistance programs to help reduce costs for eligible patients.
FAQs about Eliquis and Its Generic Availability
1. What is Eliquis used for?
Eliquis is primarily used to prevent blood clots in patients with atrial fibrillation and to treat deep vein thrombosis and pulmonary embolism.
2. How much does Eliquis cost?
The cost of Eliquis can vary significantly depending on insurance coverage and location but generally ranges from $400 to $600 per month without insurance.
3. Are there any current alternatives to Eliquis?
Other anticoagulants like warfarin, rivaroxaban (Xarelto), and dabigatran (Pradaxa) may be considered as alternatives, but each has its own profile of efficacy and side effects.
4. When should I expect to see generic versions of other medications?
Typically, once a major drug’s patent expires, generic versions can appear within a year or two, depending on market conditions and regulatory approvals.
Conclusion
While understanding when will Eliquis go generic is essential for many patients, current projections indicate that it may not be available until 2026 at the earliest. In the meantime, discussing options with healthcare providers and exploring assistance programs can help mitigate costs.
For more information about Eliquis, you can visit Eliquis Official Website.