This morning, Cephalon
PROVIGIL is a very important drug in Cephalon's portfolio, accounting for more than 40% of the company's revenue. A major concern is that Cephalon is having to fight in court to protect its PROVIGIL patents against generic versions marketed by Barr Laboratories
If PROVIGIL is approved for treating children with ADHD, it would compete with drugs such as Adderall XR from Shire Pharmaceuticals
How much of this market could PROVIGIL capture? In part, it's going to depend on the strength of the clinical data. The data from the phase 3 trials will be released at medical meetings over the next year, and it will be interesting to see how the drug compares with the historical data from the leading competitors.
To read more by Charly on the biotech industry, check out his recent articles:
- What's a Drug Worth?
- Biotech's Full Monte
- Unraveling Biotech Potential
- Don't Be a Biotech Gambler
- Avoiding Biotech Land Mines
Fool contributor Charly Travers doesn't own shares of any company mentioned in this article.