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Last Updated: February 14, 2025

DEPOMED INC Company Profile


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What is the competitive landscape for DEPOMED INC

DEPOMED INC has one approved drug.



Summary for DEPOMED INC
US Patents:0
Tradenames:1
Ingredients:1
NDAs:1

Drugs and US Patents for DEPOMED INC

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Depomed Inc PROQUIN XR ciprofloxacin hydrochloride TABLET, EXTENDED RELEASE;ORAL 021744-001 May 19, 2005 DISCN No No ⤷  Try for Free ⤷  Try for Free
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >TE >Type >RLD >RS >Patent No. >Patent Expiration >Product >Substance >Delist Req. >Exclusivity Expiration

Expired US Patents for DEPOMED INC

Applicant Tradename Generic Name Dosage NDA Approval Date Patent No. Patent Expiration
Depomed Inc PROQUIN XR ciprofloxacin hydrochloride TABLET, EXTENDED RELEASE;ORAL 021744-001 May 19, 2005 6,635,280 ⤷  Try for Free
Depomed Inc PROQUIN XR ciprofloxacin hydrochloride TABLET, EXTENDED RELEASE;ORAL 021744-001 May 19, 2005 5,972,389 ⤷  Try for Free
Depomed Inc PROQUIN XR ciprofloxacin hydrochloride TABLET, EXTENDED RELEASE;ORAL 021744-001 May 19, 2005 6,340,475 ⤷  Try for Free
Depomed Inc PROQUIN XR ciprofloxacin hydrochloride TABLET, EXTENDED RELEASE;ORAL 021744-001 May 19, 2005 6,488,962 ⤷  Try for Free
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >Patent No. >Patent Expiration
Similar Applicant Names
Applicants may be listed under multiple names.
Here is a list of applicants with similar names.

DEPOMED INC Market Analysis and Financial Projection

Pharmaceutical Competitive Landscape Analysis: Depomed Inc – Market Position, Strengths & Strategic Insights

In the fiercely competitive pharmaceutical industry, understanding the market landscape is crucial for success. This comprehensive analysis delves into Depomed Inc's position, strengths, and strategic insights, offering valuable information for industry professionals and investors alike.

Depomed Inc: Company Overview

Depomed Inc, now known as Assertio Holdings, Inc., is a specialty pharmaceutical company focused on commercializing differentiated products for patients. The company has built its portfolio through strategic acquisitions and licensing of approved products[9].

Key Products and Focus Areas

Depomed's primary marketed products include:

  • ROLVEDON™ (eflapegrastim-xnst) injection
  • INDOCIN (indomethacin) Suppositories and Oral Suspension
  • Sympazan (clobazam) oral film
  • Otrexup (methotrexate) injection
  • SPRIX (ketorolac tromethamine) Nasal Spray
  • CAMBIA (diclofenac potassium for oral solution)
  • Zipsor (diclofenac potassium) Liquid filled capsules[9]

These products span various therapeutic areas, with a particular focus on pain management and neurology.

Market Position and Financial Performance

Depomed has established a significant presence in the U.S. pharmaceutical market. Let's examine its financial performance and market standing.

Revenue Trends

Depomed's revenue has fluctuated in recent years:

  • 2019: $230 million
  • 2020: $108 million
  • 2021: $111 million
  • 2022: $156 million
  • 2023: $152 million[9]

While there was a significant drop in revenue from 2019 to 2020, the company has shown signs of recovery in subsequent years.

Geographical Focus

Interestingly, all of Depomed's sales are concentrated in the United States[9]. This geographical focus allows the company to leverage its understanding of the U.S. healthcare system and regulatory environment.

Depomed's Strengths and Competitive Advantages

Proprietary Drug Delivery Technology

One of Depomed's key strengths lies in its proprietary Acuform® drug delivery technology. This technology is designed to improve existing oral medications by allowing for extended release of medications to the upper gastrointestinal tract when dosed with food[5].

"We believe that an expansion in use of our technology in the diabetes field will also further improve adoption of our proprietary, single-agent, extended-release metformin product Glumetza among patients and physicians," said Carl A. Pelzel, former president and chief executive officer of Depomed[7].

This innovative technology not only enhances the efficacy of existing drugs but also creates opportunities for licensing agreements with other pharmaceutical companies.

Diverse Product Portfolio

Depomed's product portfolio spans multiple therapeutic areas, including pain management, neurology, and endocrinology. This diversification helps mitigate risks associated with reliance on a single product or therapeutic area.

Strong Commercial Capabilities

The company boasts comprehensive commercial capabilities, including:

  1. Marketing through both a sales force and non-personal promotion model
  2. Market access through payor contracting
  3. Efficient trade and distribution networks[9]

These capabilities enable Depomed to effectively commercialize its products and potentially in-licensed or acquired products.

Strategic Initiatives and Growth Opportunities

Licensing and Partnerships

Depomed has successfully leveraged its proprietary technology and product portfolio through strategic licensing agreements. For instance, in 2010, the company licensed its Acuform® technology to Janssen Pharmaceutica N.V. for the development of a fixed-dose combination formulation[7].

Such partnerships not only generate revenue through upfront payments and royalties but also validate the company's technology and expand its reach.

Focus on Specialty Pharmaceuticals

Depomed's transformation into a specialty pharmaceutical company represents a strategic shift. This focus allows the company to target niche markets with high unmet medical needs, potentially leading to higher profit margins and less competition from generic manufacturers.

Potential for Mergers and Acquisitions

Given the company's history of growth through acquisitions, future M&A activities could be a key driver of growth. Acquiring complementary products or technologies could help Depomed expand its portfolio and market presence.

Challenges and Competitive Pressures

Revenue Fluctuations

The significant drop in revenue from 2019 to 2020 highlights the volatility in Depomed's financial performance. Stabilizing and growing revenue consistently will be crucial for the company's long-term success.

Intense Competition

The pharmaceutical industry is highly competitive, with both large multinational corporations and smaller specialty pharma companies vying for market share. Depomed faces competition from companies like AB Science, Amryt Pharma, and Innocoll Biotherapeutics[1].

Regulatory Challenges

As with all pharmaceutical companies, Depomed must navigate complex regulatory environments. Any delays or issues in regulatory approvals could significantly impact the company's product pipeline and revenue.

Industry Trends and Depomed's Positioning

Shift Towards Specialty Pharmaceuticals

The pharmaceutical industry has been witnessing a shift towards specialty drugs, which often command higher prices and face less generic competition. Depomed's focus on specialty pharmaceuticals aligns well with this trend.

Increasing Importance of Drug Delivery Technologies

As the industry seeks ways to improve existing medications, drug delivery technologies like Depomed's Acuform® are becoming increasingly valuable. This positions the company well to capitalize on this trend through both its own products and licensing agreements.

Growing Focus on Pain Management

With the ongoing opioid crisis, there's a growing need for effective, non-addictive pain management solutions. Depomed's strong presence in this therapeutic area could be a significant advantage.

Future Outlook and Strategic Recommendations

Expand Geographical Presence

While Depomed's focus on the U.S. market has served it well, expanding into international markets could provide new growth opportunities and reduce reliance on a single market.

Invest in R&D

To maintain its competitive edge, Depomed should continue investing in research and development, both to improve its existing products and to develop new ones.

Explore Digital Health Opportunities

As healthcare becomes increasingly digital, Depomed could explore opportunities to integrate digital health solutions with its products, enhancing patient outcomes and creating additional value.

Strengthen Partnerships

Building on its successful licensing agreements, Depomed should continue to seek strategic partnerships that can leverage its technology and expand its market reach.

Key Takeaways

  1. Depomed Inc, now Assertio Holdings, Inc., is a specialty pharmaceutical company with a strong focus on pain management and neurology.
  2. The company's proprietary Acuform® drug delivery technology is a key competitive advantage, enabling both product development and licensing opportunities.
  3. Depomed's revenue has fluctuated in recent years, with all sales concentrated in the U.S. market.
  4. The company's diverse product portfolio and strong commercial capabilities position it well in the competitive pharmaceutical landscape.
  5. Future growth opportunities lie in expanding geographical presence, investing in R&D, exploring digital health solutions, and strengthening strategic partnerships.
  6. Challenges include revenue stabilization, intense competition, and navigating complex regulatory environments.
  7. Depomed's focus on specialty pharmaceuticals aligns well with industry trends, potentially driving future growth.

FAQs

  1. What is Depomed Inc's primary focus in the pharmaceutical industry? Depomed Inc, now Assertio Holdings, Inc., primarily focuses on specialty pharmaceuticals, with a strong presence in pain management and neurology.

  2. How does Depomed's Acuform® technology differentiate it from competitors? The Acuform® technology allows for extended release of medications to the upper gastrointestinal tract when dosed with food, improving the efficacy of existing oral medications and creating licensing opportunities.

  3. What are the main challenges facing Depomed in the current pharmaceutical landscape? Key challenges include stabilizing revenue, navigating intense competition, and managing regulatory complexities in drug development and approval processes.

  4. How has Depomed's revenue trend looked in recent years? Depomed's revenue has fluctuated, with a significant drop from $230 million in 2019 to $108 million in 2020, followed by a recovery to $156 million in 2022 and $152 million in 2023.

  5. What strategic initiatives could drive Depomed's future growth? Future growth could be driven by expanding geographical presence beyond the U.S., investing in R&D, exploring digital health opportunities, and strengthening strategic partnerships and licensing agreements.

Sources cited:

  1. https://rocketreach.co/depomed-inc-profile_b5c6644af42e0c92
  2. https://www.veeva.com/ap/customers/depomed-inc/
  3. https://www.biospace.com/depomed-inc-licenses-glumetza-r-data-and-acuform-r-technology-b-depomed-b-to-get-10-million
  4. https://www.marketscreener.com/quote/stock/DEPOMED-INC-9031/company/

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