FDA has determined Amarin’s Vascepa EPA omega-3 drug is eligible for new chemical entity (NCE) marketing exclusivity. Will it impact omega-3 supplements?
Photo © iStockphoto.com/leventince
Vascepa, an EPA omega-3 drug for hypertriglyceridemia from pharmaceutical firm Amarin (Dublin), has been granted marketing exclusivity as a new chemical entity (NCE) from FDA. The five-year NCE exclusivity runs through 2017 (five years after Vascepa’s FDA approval in 2012), although Amarin says it has multiple patents protecting the commercial potential of Vascepa through 2030.
The Global Organization for EPA and DHA Omega-3s (GOED; Salt Lake City) shared the Vascepa news earlier this week, which arrives during a time when the “pharmaceutical omega-3 segment is extremely active overall, with more than 70 omega-3 pharma targets in the drug discovery pipeline.”
While GOED does not anticipate Vascepa’s NCE status will impact the omega-3 dietary supplement industry either now or when the exclusivity expires, there are still plenty of reasons to keep an eye on the omega-3 drug sector, and many of them are positive.
“In general, the omega-3 supplement category benefits when pharmaceutical omega-3s are introduced because this increases the credibility and trust in the category,” Ellen Schutt, communications director for GOED, tells Nutritional Outlook.
However, she adds that there are still instances when omega-3 drugs can harm the omega-3 supplements industry.
“One, if new research comes out that is negative about the benefits of omega-3s, it could damage the market,” says Schutt. “And two, if pharmaceutical companies actively promote a ‘pharmaceuticals only’ approach-which is already happening-this does not help the entire category.”
The full announcement of Vascepa’s NCE status can be found here.
Read more:
FDA Approves Three More Omega-3 Drugs. Is This Good or Bad News for Supplements?
New Breakthroughs in Omega-3 Research
Widespread Omega-3 Usage Could Save €12.9 Billion in Annual EU Healthcare Costs, Study Suggests
Michael Crane
Associate Editor
Nutritional Outlook Magazine
michael.crane@ubm.com
Magnesium L-threonate, Magtein, earns novel food authorization in the European Union
December 19th 2024According to the announcement, the authorization is also exclusive to AIDP and its partner company and licensee, ThreoTech, meaning that they are the only parties that can market magnesium L-threonate in the EU for a period of five years.
Survey finds a lack of enthusiasm about AI technology among food and beverage consumers
December 12th 2024The survey, commissioned by Ingredient Communications and conducted by SurveyGoo, found that 83% of respondent agreed that companies should declare on product labels when a product has been designed or manufactured with the assistance of AI technology.
Kelker Pharma to launch nutritional support system for GLP-1 medication users that features TriBsyn
December 11th 2024B&D Nutritional Ingredients Inc., an exclusive distribution partner of CarnoSyn Brands and Natural Alternatives International Inc., announced that its customer, Kelker Pharma, will be launching the “first science-backed nutritional support system” for GLP-1 medication users, called Nutrilinq Genesis.