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Primary Care Physicians' Prescriptions of Aricept for Alzheimer's Disease Will Drop by 20 Percent Following the Availability of Generic Razadyne in December 2008
Date:7/9/2008

Most Surveyed MCO Pharmacy Directors Will Move Razadyne and Razadyne ER from Tier 2 to Tier 3 When Generic Razadyne is Launched, According to a New

Report from Decision Resources

WALTHAM, Mass., July 9 /PRNewswire/ -- Decision Resources, one of the world's leading research and advisory firms for pharmaceutical and healthcare issues, finds that the generic availability of Shire/Janssen/Ortho McNeil's Razadyne (galantamine) in December 2008 will have the greatest impact on Eisai/Pfizer's Aricept as surveyed primary care physicians (PCPs) estimate that after the launch of generic galantamine, prescriptions of Aricept for the treatment of Alzheimer's disease will drop by up to 20 percent. According to the new Physician & Payer Forum primary market research report entitled The Impact of Razadyne's Genericization and the Launch of Biologic Disease-Modifying Drugs on the Alzheimer's Disease Market: Clinician and Payer Receptivity to Novel Agents, the availability of generic galantamine will decrease Aricept's share of PCPs' prescriptions for Alzheimer's disease patients from 66 percent to 46 percent by December 2009. The report also finds that for surveyed neurologists, Aricept's share of prescriptions for Alzheimer's disease patients will fall from 62 percent to 44 percent.

According to the report, more than two-thirds of managed care organizations (MCOs) that cover Razadyne and Razadyne ER in their private plan formularies grant these agents tier 2 status. When generic galantamine becomes available, many surveyed MCO pharmacy directors indicated that they will move both Razadyne formulations to tier 3. Additionally, nearly one quarter of surveyed MCO pharmacy directors said they will remove Razadyne ER from their private plan formularies, and more than one third will remove Razadyne, when generic galantamine becomes available. The percentage of pharmacy directors who reported they will remove Razadyne ER and Razadyne from their
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SOURCE Decision Resources
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