Bye Bye Zyprexa



















Drug Patent Expirations in October 2011
Tradename Applicant Generic Name Patent Number Patent Expiration

SYMBYAX Lilly fluoxetine hydrochloride; olanzapine 5,229,382*PED Oct 23, 2011
ZYPREXA RELPREVV Eli Lilly Co olanzapine pamoate 5,229,382*PED Oct 23, 2011
ZYPREXA Lilly olanzapine 5,627,178*PED Oct 23, 2011
ZYPREXA Lilly olanzapine 5,817,656*PED Oct 23, 2011
ZYPREXA Lilly olanzapine 5,817,657*PED Oct 23, 2011
ZYPREXA Lilly olanzapine 5,817,655*PED Oct 23, 2011
ZYPREXA Lilly olanzapine 5,229,382*PED Oct 23, 2011
ZYPREXA ZYDIS Lilly olanzapine 5,229,382*PED Oct 23, 2011
 












The amazing note is the expiration of Symbyax's patent. With it's "Best in Class" efficacy and unique pharmacology there must be generic companies across the globe that are manufacturing and training their sales forces to launch this unique molecule.
 
























For the past two years, Lilly has cutting its workforce by about 5,000 jobs worldwide to get ready for the downturn in sales. But in the short-run, that is costing Lilly millions of dollars. In the third quarter of 2011, Lilly recognized a charge of$25.2 million for restructuring, primarily related to severance costs to laid-off workers
The company said earnings per share guidance excludes potential future restructuring charges