When Will a Generic Version Be Available?
The first patent for
Niaspan is set to expire in September 2013. This is the earliest predictable date that a generic version of the drug could become available. However, other circumstances could come up to extend or shorten the exclusivity period. This could include such things as other patents for specific
Niaspan uses or lawsuits.
Is Niacin the Same as "Generic Niaspan"?
No, it isn't. An extended-release form of
niacin is the active ingredient in Niaspan, but is not a generic version of it. What can be confusing is that, oftentimes, the active ingredient of any drug is referred to as the "generic name."
The generic name is different from a generic version of a medicine. In order for there to be a generic version of a medicine, the original medicine must have gone off patent, and another company besides the original manufacturer must make the product.
All medications have generic names; not all medications have generic versions available. This can be even more confusing with niacin and Niaspan because there are several different formulations of niacin available both over-the-counter and with a prescription.
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