AstraZeneca has signed an agreement with US-based generic drugmaker Teva Pharmaceutical Industries (the “Company”) to sell its generic version of Seroquel (quetiapine fumarate) for a reported price of $8/dose. The price is set to reach $11/dose.
The price of $8/dose was initially disclosed to AstraZeneca in January, but it was later disclosed to Teva Pharmaceuticals LP, which owns the patent, to be a significant discount compared to the price of $10/dose.
As for pricing, the Company announced today that it would be selling its generic version of Seroquel (quetiapine fumarate) for $16.50 per dose in the United States, with a $8/dose price target. It will be selling the generic for $15.10 per dose in other countries.
As for the price of $8/dose, the price of Seroquel (quetiapine fumarate) was previously disclosed to AstraZeneca in January 2020, but the price has now been reduced to $4.10/dose. However, the Company is still exploring whether it is able to offset the $8/dose price of Seroquel by offering it a generic version of it.
“Our agreement with Teva Pharmaceuticals is good news for AstraZeneca, as the company has been granted the right to manufacture and sell its generic version of Seroquel for an affordable price,” commented David A. Smith, Chief Executive Officer of AstraZeneca. “We are delighted to be working with Teva to market our generic version of Seroquel for a market-leading price.”
AstraZeneca’s patent has expired, and Teva is currently working with the US Food and Drug Administration (FDA) to allow generic drug manufacturers to market their drugs under thePatent Actwhen a generic drug is approved for sale in the U. S. and has been granted a patent on a specific generic drug.
AstraZeneca’s acquisition of Teva and its patents in the United States has been reported in theDailyMailOnline.
About Seroquel (Quetiapine fumarate)
Seroquel (quetiapine fumarate) is an atypical antipsychotic drug used to treat conditions such as schizophrenia, bipolar disorder, and major depressive disorder. Seroquel works by binding to receptors in the brain, altering the levels of neurotransmitters in the brain.
Seroquel is approved by the US Food and Drug Administration (FDA) as a first-line treatment for mental health conditions, including depression. However, there are currently no approved medications for the treatment of bipolar disorder.
About AstraZeneca
AstraZeneca is a global, innovation-driven biopharmaceutical company. As a leader in biopharmaceutical research and development, we offer a full range of therapeutic and preventive services to individuals and groups around the world. We offer a portfolio of five patents covering the fields of cardiovascular, oncology, respiratory, oncology, and infectious diseases. Additional research and development services are available for other diseases. For more information, please visit:
For more information about Seroquel (Quetiapine fumarate) and its uses, please see the “Contact AstraZeneca” section below:
SOURCE AstraZeneca
Read More Read LessEfficacy and tolerability of Seroquel have been evaluated in numerous clinical trials for schizophrenia and bipolar disorder, and the safety and efficacy of Seroquel in these conditions has been extensively documented.
In one clinical trial, the results of the first dose maintenance study conducted in 2006, which enrolled 462 patients with schizophrenia, were published in theJ Neu Enq.
In the second dose maintenance study, conducted in 2007, conducted in 2008, enrolled 662 patients with bipolar disorder, and the results of the first study were published in the
In a third study, conducted in 2009, enrolled patients with primary care visits and received placebo pills for 3 months. In these studies, the efficacy of Seroquel in patients with bipolar disorder was assessed.
Seroquel, brand name Seroquel, is used to treat depression, certain mental disorders, and certain types of anxiety.
Seroquel is also used in the management of bipolar disorder (manic depression), schizophrenia, and other mental health conditions, as well as for the treatment of depression.
Seroquel is taken orally once daily. It is important to follow your doctor’s instructions when taking Seroquel. Take Seroquel with a full glass of water.
If you miss a dose of Seroquel, take it as soon as possible. However, if it is almost time for your next dose, skip the missed dose and continue with your regular dosing schedule. Do not take 2 doses at once.
If you are taking Seroquel with other medications, talk to your doctor about your options. You may also be able to explore other ways to manage anxiety, such as, and.
Seroquel can cause side effects, and it’s important to discuss them with your doctor. Common side effects include:
Less common side effects include:
Serious side effects may include:
Serious side effects may not be immediate and may include:
Severe allergic reactions, such as rash, swelling of the face or throat, difficulty breathing, or hives, are possible signs of a serious allergic reaction. If you experience any symptoms of an allergic reaction, stop taking Seroquel and call your doctor right away.
Before taking Seroquel, talk to your doctor about these important precautions:
Avoid alcohol while taking Seroquel.
In addition, your doctor will determine the appropriate dose and duration of Seroquel for you. The doctor may adjust the dose based on your response and other medications you may be taking.
Keep in mind that Seroquel is only for adults and should not be used for children or for people with a deformed penis.
Seroquel can be effective in treating depression and other mental health disorders in adults and children.
It can also be used to manage bipolar disorder (manic depression) and other mental health conditions in adults. It can be especially effective in children, as Seroquel may help stabilize mood and decrease the risk of suicidal thoughts or behaviors.
Yes, Seroquel is safe for use in children. However, safety and efficacy of Seroquel have not been established for adults.
This month, Seroquel is the subject of a new federal investigation by the Justice Department that alleges that a federal agent sent a memo to a patient about a rare condition known as serotonin syndrome, in which the patient’s mental health is affected by the medication.
Seroquel, an atypical antipsychotic, is prescribed to treat conditions such as schizophrenia, bipolar disorder, depression, and major depressive disorder. It has been widely prescribed to millions of patients worldwide, but it has also been found to be associated with an increased risk of death due to dementia, stroke, and certain types of cancer.
Seroquel, marketed as Quetiapine, is sometimes prescribed off-label for treating depression. However, the Food and Drug Administration (FDA) has not specifically asked for the drug’s approval for the condition.
Seroquel is the brand name for the antipsychotic drug quetiapine, which is an atypical antipsychotic medication that has been used for decades for treatment of mental health conditions. According to the FDA, Seroquel is “a member of the class of drugs known as second-generation antipsychotics,” which is the brand name of the drug.
Seroquel has been approved to treat conditions such as schizophrenia, bipolar disorder, depression, and major depressive disorder. However, it has also been linked with an increased risk of stroke, heart attack, and certain types of cancer.
Seroquel is also sometimes prescribed off-label for treating insomnia. The FDA has not specifically asked for the drug’s approval for insomnia, but the drug has been linked to an increased risk of death due to dementia, stroke, and certain types of cancer.
The FDA has responded to the lawsuit that alleges Seroquel is an example of what the drug is prescribed for. In a statement to The Associated Press, the FDA said: “The agency understands that quetiapine is a medication commonly used to treat psychiatric conditions and that it is being used to treat conditions like depression and anxiety.
“The agency has received numerous reports of patients who have experienced psychiatric side effects from quetiapine, including psychosis, hallucinations, and delusions. We are pleased that the agency is responding to this case.
“The FDA has identified numerous cases of suicide attributed to quetiapine, and it has been shown to be an effective treatment option for these patients.”
A spokesperson for the FDA said: “We are aware of reports of suicide attributed to quetiapine. We are working with our partners to develop alternative treatments and will continue to monitor any adverse events or reports of suicide attributed to quetiapine.
“While we recognize that quetiapine is a common medication used to treat psychiatric conditions, we continue to monitor the safety and effectiveness of this medication for patients.”
In its response to the lawsuit, the FDA said it has not asked for the drug’s approval for the condition and that the agency will continue to monitor the safety and effectiveness of the drug.
In one of the documents released by the FDA, Seroquel was also linked to an increased risk of Alzheimer’s disease. The FDA also noted that Seroquel was “a medication that may be associated with an increased risk of dementia.”
The FDA also noted that “the risk of Alzheimer’s disease is greatest in older adults, but the risk is also highest among younger patients.”
Seroquel is also sometimes prescribed off-label for insomnia. The FDA has not asked the company for the drug’s approval for insomnia, but the company has been working with a team of medical professionals to develop new treatments.
The FDA has not asked for the drug’s approval for the condition, but the company has been working with its partners to develop new treatments. “Seroquel, a long-acting atypical antipsychotic, has been associated with an increased risk of Alzheimer’s disease,” the company said in its statement to The Associated Press. “The risk of this condition increases with long-term use, but the risk is also increased with certain other medications, such as clozapine and fluvoxamine.
The most common side effects of Seroquel include dizziness, headache, and changes in mood.
Although not typically life-threatening, it can cause problems if you experience these problems, particularly in people with mental health conditions such as bipolar disorder.
The FDA recommends that individuals who are prescribed Seroquel experience at least one of the following side effects:
Seroquel is a quetiapine medication, and it’s a brand name forthe drug Seroquel.
It’s the brand name for a non-stimulant drug that contains the same active ingredient as Seroquel.
The FDA has not approved Seroquel for bipolar disorder, but many people with the disorder have been prescribed it. It can cause side effects such as dizziness, lightheadedness, fainting, and heart palpitations.
Seroquel is not used to treat bipolar disorder, but it can cause the symptoms to come on suddenly.
People who have been prescribed Seroquel may have several possible side effects, and some may feel as if something is off with the medication.
How does the drug interact with Seroquel 400 mg Tablet:Co-administration of fluoxetine with atazanavir can increase the risk of death in adults who are either not taking medication or have jaundice or hepatic impairment.How to manage the interaction:Who to avoid of this medication interaction: CONSIDER the potential interaction between this medication and anyone who is taking any medications.How does this interaction interact with Seroquel 400 mg Tablet:Fluoxetine and atazanavir are both pro-neurotransmitters.Fluoxetine and atazanavir can increase the risk of death in adults who are either not taking medication or who have jaundice or hepatic impairment.What other drugs can interact with this medication interaction:Do I need to make an appointment with a doctor?In most cases, a visit to your urgent medical needs will be arranged within 24 hours. You will need urgent medical advice whether you are taking Seroquel 400 mg Tablet or not. Do not stop taking any medication without seeking medical advice.
Co-administration of fluoxetine with atazanavir can increase the risk of death in adults who are either not taking medication or who have jaundice or hepatic impairment.What other drugs can fluoxetine and atazanavir have with them:What other drugs can fluoxetine and atazanavir have with it:Can I take this medication with fluoxetine:
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