AstraZeneca and Pfizer Inc. (NYSE: AZN) today announced the launch of the third of its generic product candidates.
As part of its launch event, AstraZeneca announced the launch of its first generic version of the cholesterol-lowering drug, Seroquel XR (quetiapine fumarate). This generic product is currently available in the US in the strength of 180 tablets, priced at $19.99/month, a price differential of approximately 5%, representing a 12% reduction from the previous year’s price of $19.99/month.
Under the terms of the agreement, AstraZeneca will not receive any additional royalties based on pricing data and product development costs. The company will not make any additional costs to patients, as a result of the agreement. The new product candidates will contain a single dose of 180 tablets (or 60 tablets in a pack of 60 tablets), priced at $19.99/month, and will be available in the US from August 2024.
“As we expected, our company has demonstrated significant progress in the management of cholesterol and related metabolic disorders, which has been driven by the ongoing launch of our first generic version of this antipsychotic medication,” said David A. Rosenwasser, Executive Vice President, Worldwide Health Product Development at AstraZeneca. “The significant price differential of this product is a testament to our ability to bring a significant impact to patients who may not otherwise have access to affordable medication. We look forward to working closely with AstraZeneca to enhance our product portfolio, as we expand into other therapeutic areas.”
As part of the agreement, AstraZeneca will continue to manufacture and distribute the generic product candidates in the US. The generic products are available at prices in the US from August 2024 through December 2017.
For more information about the launch of the generic products, visit.
About AstraZeneca
AstraZeneca is a global, science-led healthcare business with a strong focus on research and development, healthcare business development, and innovation. AstraZeneca is one of the world's leading pharmaceutical companies with a long history of producing innovative medicines and healthcare products. AstraZeneca operates in over 100 countries and its innovative products are recognized for their safety, efficacy, and quality standards. For more information, visit.
Forward-Looking Statements
Statements in this press release regarding future financial projections regarding AstraZeneca’s generic products have not been evaluated by the U. S. Securities and Exchange Commission. These statements are based on generally accepted assumptions for the management of the Company’s financial positioning and are subject to the risks and uncertainties detailed in the Company’s filings with the SEC. These statements do not take the place of necessary consultations with healthcare professionals and are not intended to serve as a substitute for professional medical advice. AstraZeneca has not engaged in any other form of organised discussions or negotiations with unaffirmative, due diligence or other appropriate measures. AstraZeneca does not represent, and disclaims all responsibility for the delay, uncertainty, and failure to adequately assess any risk that may arise in the absence of such discussions or negotiations.
The Company does not assume any liability for the negative impact of any failure to update or adjust the material underlying financial statements made with the Company.
All forward-looking statements made in this press release are subject to risks and uncertainties including: future events and circumstances, and AstraZeneca believes that these risks and uncertainties are carefully managed through a reasonable effort and in consultation with AstraZeneca's management and the appropriate stakeholders.
Any updates or revisions to these forward-looking statements are disclaimed. AstraZeneca disclaims all responsibility for any reliance that may be expected or any risks associated with such updates or changes.
Contact Information
Dr. Sarah M. Smith, Corporate Communications, AstraZeneca (1030 Main St.
Seroquel XR, also known as quetiapine fumarate, is an atypical antipsychotic medication used in the treatment of various mental health disorders, including schizophrenia, bipolar disorder, and major depressive disorder. The drug is marketed by AstraZeneca and has been a significant player in the pharmaceutical market due to its broad therapeutic applications.
Seroquel XR has a a global market for its product. Itavirus - the virus spreading through online and retail pharmacies - is estimated to be at approximately 20% of the global pharmaceutical market. It is associated with aami of around 30% of global antibiotic-prescribing errors and 30% of the global antibiotic-prescribing market.
The schizophrenia and bipolar disorder subgroup market is driven by several factors:
The community mental health market is highly competitive with several major players including AstraZeneca, GSK, Novartis/Actavis, and Teva/Lloyds.
Seroquel is a type of antipsychotic drug that has been available in Europe, the USA, and Canada since the late 1990s.
| Seroquel Name | Global Market Size | R%] | |
|---|---|---|---|
| Seroquel XR | 20.4 Million U. S. Customers | €15.8 Billion | €23.1 Billion |
| Seroquel R-Tab | USD 2.4 billion | €1.4 billion | €1.2 billion |
| Seroquel XR XR | USD 2.1 billion | €1.1 billion | €1.0 billion |
| Seroquel XR XR XR | USD 1.8 billion | €1.8 billion | €1.5 billion |
The global Seroquel market is driven by several key factors:
North America is the dominant market with a total revenue of USD 14.9 billion in 2024. It is driven by the increasing prevalence of illnesses such as schizophrenia, bipolar disorder, and major depressive disorder.
The Asia-Pacific region is significant market for Seroquel. It is associated with a large and growing middle and low-income countries.
Europe is the continent of schizophrenia and bipolar disorder. It is driven by the increasing prevalence of illnesses like schizophrenia, bipolar disorder, and depressive disorder.
Seroquel (Quetiapine) can be purchased by calling +1-888-704-0408 and talking with a customer service representative, or by placing an online order at liferxpharmacy.com. Customer Support is also aided by using the chat feature. For additional information, visit the "How to Order" page on liferxpharmacy.com.
Seroquel (Quetiapine) is a medication that can only be purchased with a doctors prescription. While processing your order for the medication, it is necessary to get a valid prescription from your doctor The prescription can be scanned, emailed, or uploaded at liferxpharmacy.com or fax on +1-800-986-4751 Alternatively, if you like, we can even contact your doctor to obtain a valid prescription.
The maximum amount of Seroquel (Quetiapine) can be ordered at one time is a 90-day supply. The amount that can be ordered is dependent on the instructions and quantity mentioned on your medical prescription. Refilling alternate is always available for future needs.
It is a completely safe and secure choice to order your medicine from us. We function similarly alike any other traditional pharmacy, intending to serve safe and affordable prescription medicines. Our associated pharmacists are functional in many countries and are completely licensed and certified.
Seroquel (Quetiapine) is available in both generic and brand form. Generic medicines contain the same active components as brand-name pharmaceuticals have. They ensure and meet the same quality, strength, and purity standards in comparison to any other brand.
Yes. We deliver all around the United States and other major countries.
LifeRx pharmacy makes it simple to refill your medication. By going to your accounts reorder section, you can easily place a refill option available online. You may examine your prior orders and choose which prescriptions order needs to be refilled. To order a refill, you can also call us and chat with one of our customer service representatives. Our live chat is also one of the convenient ways to reach out to us while placing a refill order.
We do not automatically refill prescriptions as it might be the case where you may no longer be taking the same medicines or your doctor may have revised your dose, among other things. However, we do offer a helpful refill reminder service. Based on your prescription history, we may call or email you to let you know when the ideal time is to place a refill order.
Appeal to quality, care @ liferxpharmacy.comA statement about this address and information, including their purpose and jurisdiction, is contained in the replacement message on the website:This message is being kept up to date online.
Once a medicine has been refund or switched back to regular delivery, it is alsaed from albuterol inhaler inhaler for long-term use and albuterol inhaler inhaler for short-term use. Please note that albuterol inhaler albuterol inhaler inhalers are typically used for short-term use and albuterol inhaler inhalers for long-term use.
Keep all prescriptions from from liferxpharmacy.comThis hospital: This is the name of the catch. The name of the hospital is "AIF". This is a specialty hospital that is a collaboration of the AIF and West Virginia State University.The results of the study show that Seroquel is a helpful antipsychotic, with a positive impact on both mental and physical health in the treatment of schizophrenia and bipolar disorder. Its effectiveness in reducing hallucinations is well documented, and its potential to help improve patients’ lives and quality of life is well documented. The medication is also effective in treating other psychiatric disorders, such as depression, anxiety, and obsessive-compulsive disorder. Patients with bipolar disorder can experience changes in mood or behavior when taking Seroquel, but it is not effective in treating schizophrenia or bipolar disorder. In conclusion, this is a well-tolerated medication, with a positive impact on both mental and physical health in the treatment of schizophrenia and bipolar disorder. It is not effective for treating schizophrenia or bipolar disorder, and it is not effective for treating other psychiatric disorders.
The study shows that Seroquel is a helpful antipsychotic, with a positive impact on both mental and physical health in the treatment of schizophrenia and bipolar disorder.
Show MoreSold and Supplied by Healthylife Pharmacy
This product is a Prescription Only Medicine (S4) and is sold by Healthylife Pharmacy, an independently owned and operated pharmacy business. This prescription product requires a valid Australian script.
Medicare CardNo MedicareConcession
$15.95
This product is temporarily unavailable.
Healthylife provides general product information such as nutritional information, country of origin and product packaging for your convenience. This information is intended as a guide only, including because products change from time to time. Please read product labels before consuming. For therapeutic goods, always read the label and follow the directions for use on pack. If you require specific information to assist with your purchasing decision, we recommend that you contact the manufacturer via the contact details on the packaging or email us at [email protected]. Product ratings and reviews are taken from various sources including Bazaarvoice. Healthylife does not represent or warrant the accuracy of any statements, claims or opinions made in product ratings and reviews.
Stade de France Pharmacy