Hi Pat, If you read the article it says When Will Generic Gleevec Be Available? The first patent for Gleevec *expires in July 2015*. This is the earliest predictable date that a generic version could become available.
So, the article from Novartis is correct, and so is the website I had enclosed. A story about the progress of Gleevec... When Dr. Druker first discovered STI-571 he was trying to find a drug company that would make it in quantity. It seemed that no one was willing to do it. He finally was able to get Novartis to start making it but not yet in quantity. If you remember a man, Zavie Miller, he was one of the first few to get into a trial with STI-571. Both of us had contacted Novartis and told them that if they started making it available we would make sure that the company would be funded. There was a CML site on the internet and we both asked that people buy Novartis stock. At the time the stock was selling at $1,200 a share but the American Registary shares were at $20 a share. All of a sudden everyone started buying those shares and it brought millions into the company. Then came the FDA and everyone started writing in letters and STI-571 was approved in less then one and a half years, and it's name became Gleevec. Take into consideration that it usually takes the FDA about ten years to approve something. I bought a lot of shares at the time for $20 each and it is now hovering around $60.24 per share. I never sold any of this and intend to keep it because I support that company. Most of the people that also purchased it still have every share they first bought because of the support thay show for Novartis. I also want you to understand that I am not on Gleevec or any other TKI because I had a bone marrow transplant almost 23 years ago. However, I always try to support anything that can help CML, and Novartis is doing exactly that. I just wish they would take it easy on the prices that they charge for their TKI's. That is the only peeve I have with the company. Maybe when the patient expires and generics become available the prices will drop so that people in need of it can afford it and live their lives without worrying about getting it to help keep them alive. Please look at the stock, and what it is doing now. http://finance.yahoo.com/q?s=NVS 18's Marty On Sat, Nov 10, 2012 at 12:11 AM, Pat Elliott <[email protected]> wrote: > Hi Marty- **** > > ** ** > > Thank you, that’s quite interesting but I’m not sure I believe this. It > states the patent will expire in 2021 (not true) and even if it did expire > then, why would they need an email address now? Novartis did an > investor’s presentation this week in Boston in which they outlined their > plans for both Gleevec and Tasigna. According to their presentation Gleevec > will come off patent in the US in 2015 and in Europe in 2016. The US > government patent website also says 2015. Yes, I am one of the many people > who is watching this date very closely and looking forward to the price > drop!**** > Here is the link to the presentation. See page 16. > http://www.novartis.com/downloads/investors/event-calendar/2012/8-strategy-for-growth.pdf > **** > > The report is also interesting in outlining their strategies for moving > patients off Gleevec and on Tasigna to retain market share and > profitability. There have been some news articles about this recently as > well. **** > > ** ** > > Best,**** > > Pat Elliott**** > > CML patient and patient advocate**** > > ** ** > > *From:* [email protected] [mailto:[email protected]] *On > Behalf Of *Marty Gartenberg > *Sent:* Friday, November 09, 2012 9:36 PM > *To:* [email protected] > *Subject:* [CMLHope]**** > > ** ** > > Everyone that is currently using Gleevec... > > I have enclosed a web site that describes when the earliest Gleevec would > come out of patent. > > There is also a field that you can put your email adderss in to in order > to possibly get some kind of a discount. I am not sure about this so do it > at your own discretion. > > http://leukemia.emedtv.com/gleevec/generic-gleevec.html > > 18's > > Marty**** > > -- > [CMLHope] > A support group of http://cmlhope.com > ------------------------------------------------- > > You received this message because you are subscribed to the Google Groups > "CMLHope" group. > To post to this group, send email to [email protected] > To unsubscribe from this group, send email to > [email protected] > For more options, visit this group at > http://groups.google.com/group/CMLHope**** > > -- > [CMLHope] > A support group of http://cmlhope.com > ------------------------------------------------- > > You received this message because you are subscribed to the Google Groups > "CMLHope" group. > To post to this group, send email to [email protected] > To unsubscribe from this group, send email to > [email protected] > For more options, visit this group at > http://groups.google.com/group/CMLHope > -- [CMLHope] A support group of http://cmlhope.com ------------------------------------------------- You received this message because you are subscribed to the Google Groups "CMLHope" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/CMLHope
