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Gold/Mining/Energy : Nuvo Research Inc
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To: SofaSpud who wrote (13710)10/6/2004 10:54:18 PM
From: axial  Read Replies (1) of 14101
 
Hey, Spud -

"Am I missing something, or does this mean no U.S. Pennsaid sales for the next three years? And just when does the patent expire?"

1 - You're right.
2 - The patent has expired already. May 2004.
3 - The FDA will, however, normally give a 3-year period of marketing exclusivity to a newly-approved drug. What does this mean? You can't market without FDA approval. If the FDA doesn't give approval to another company, then they can't sell Pennsaid. So even though the patent has expired, the FDA will still grant you a marketing monopoly to replace your patent monopoly. In the States, you still have the market to yourself for 3 years.

Hope that helps,

Jim
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