When you lose your drug patent exclusivity, it does not mean that you have lost your income when. Your anxiety may be awakened if only a new drug competitor enters the market. However, you can still ensure that your product still reaps big profits even if your drug patent is approaching loss of exclusivity. These are some of the ways you can maximize product value as a loss of exclusivity looms:
Early Planning
You should start developing your loss of exclusivity plans for your product at least two years before your drug patent expires. You can begin to implement this plan before you lose your exclusivity. If you wait till the last minute, you will minimize the efficiency…
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