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Cialis patent expiration date extended

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    Pfizer caught “gaming the system,” loses Viagra The Canadian patent because it faces stiff competition from other patented drugs such as Eli Lilly's Cialis.

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    PATENT EXPIRY DATES 1/3 The global generic pharmaceuticals market is likely to witness strong growth in the next few years owing to the patent expiration of key blockbuster drugs and the judicious cost containment efforts of governments and healthcare service providers worldwide.
    The global generic pharmaceuticals market is likely to witness strong growth in the next few years owing to the patent expiration of key blockbuster drugs and the judicious cost containment efforts of governments and healthcare service providers worldwide.
    At the same time, the balance in terms of healthcare expenditure and sales revenue is poised to shift from developed to emerging markets such as India, China, Brazil, Russia, Turkey and South Korea, as huge potential still remains untapped in these countries.
    Some large pharmaceutical companies like Bristol Myers, Pfizer, Eli Lilly and Merck have prepared by buying smaller biotech companies that offer interesting alternatives to their drug pipelines, suggesting a refocus on recruitment in these developing areas.
    Many are looking to replace their blockbuster money-spinners with smaller, more targeted treatments.

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    A strong skills requirement for these new inventions is a positive move for some sectors.
    A swift move in to emerging markets like Brazil, India and China and alternative business models means a more dynamic global recruitment drive and a greater effort to match skills, new locations and business management as quickly as possible.
    So is it the generic drug development projects that will see the biggest impact on Life Science recruitment in the next 18 months?
    The global pharmaceutical market is witnessing a change as many patents of key blockbuster drugs have expired in last few years.
    The patent expiration of blockbuster drug fuel the growth of global generic drug pharmaceutical market.
    Patent expiration opens the door for generic versions which make the healthcare available to the consumers at cheaper costs as compared to the patented drugs.
    Back in 2009, Biogen Idec Corporation (Biogen Idec) to apply for an extension of the multiple sclerosis drug Avonex key patents for 13 years, however, will still EvaluatePharma drug listed in this year patent protection period has expired drugs list.

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