See the DrugPatentWatch profile for klonopin

How Does Bindi Pharma's Klonopin 1mg Share Compare?

Introduction

Klonopin, a brand name for the generic drug clonazepam, is a widely prescribed medication used to treat anxiety disorders, seizures, and insomnia. Bindi Pharma, a pharmaceutical company, has been manufacturing and distributing Klonopin 1mg tablets in the United States. In this article, we will explore how Bindi Pharma's Klonopin 1mg share compares to other manufacturers and generic versions of the drug.

Patent Expiration and Market Share

According to DrugPatentWatch.com, the patent for Klonopin 1mg tablets expired in 2018, allowing generic manufacturers to enter the market. As a result, several companies, including Bindi Pharma, have been producing generic versions of the drug. As of 2022, Bindi Pharma's market share for Klonopin 1mg tablets is approximately 12%, ranking it third among all manufacturers.

Manufacturing and Distribution

Bindi Pharma is a US-based pharmaceutical company that specializes in the development, manufacturing, and distribution of generic and branded pharmaceutical products. The company has a strong presence in the US market, with a network of distributors and wholesalers that supply its products to pharmacies and hospitals across the country.

Quality and Compliance

Bindi Pharma's Klonopin 1mg tablets are manufactured in accordance with the company's quality control standards, which meet or exceed US FDA guidelines. The company's manufacturing facilities are inspected regularly by the FDA and other regulatory agencies to ensure compliance with good manufacturing practices (GMPs).

Pricing and Availability

Bindi Pharma's Klonopin 1mg tablets are widely available in the US market, with a price range that is competitive with other generic versions of the drug. According to GoodRx, a popular online pharmacy comparison tool, the average price of Bindi Pharma's Klonopin 1mg tablets is around $0.50 per tablet, which is slightly lower than the average price of other generic versions of the drug.

Comparison to Other Manufacturers

Several other manufacturers, including Mylan, Teva, and Sandoz, also produce generic versions of Klonopin 1mg tablets. While Bindi Pharma's market share is significant, its share is still smaller than that of Mylan and Teva, which are two of the largest generic pharmaceutical companies in the world.

Conclusion

In conclusion, Bindi Pharma's Klonopin 1mg share is a significant player in the US market, with a market share of around 12%. The company's manufacturing and distribution capabilities, as well as its competitive pricing, have contributed to its success in the market. However, it is important to note that the market share of other manufacturers, such as Mylan and Teva, is still larger.

Key Takeaways

* Bindi Pharma's Klonopin 1mg share is around 12% of the US market.
* The company's manufacturing and distribution capabilities are strong.
* Bindi Pharma's pricing is competitive with other generic versions of the drug.
* The company's quality control standards meet or exceed US FDA guidelines.

FAQs

1. What is the market share of Bindi Pharma's Klonopin 1mg tablets?
Answer: Around 12% of the US market.
2. Who are the other major manufacturers of Klonopin 1mg tablets?
Answer: Mylan, Teva, and Sandoz.
3. What is the average price of Bindi Pharma's Klonopin 1mg tablets?
Answer: Around $0.50 per tablet.
4. Are Bindi Pharma's manufacturing facilities inspected regularly?
Answer: Yes, by the FDA and other regulatory agencies.
5. What is the quality control standard of Bindi Pharma's manufacturing facilities?
Answer: Meets or exceeds US FDA guidelines.

Sources

1. DrugPatentWatch.com. (2022). Klonopin 1mg Tablets. Retrieved from <https://www.drugpatentwatch.com/drugs/klonopin-1mg-tablets>
2. GoodRx. (2022). Klonopin 1mg Tablets. Retrieved from <https://www.goodrx.com/klonopin-1mg-tablets>
3. Bindi Pharma. (2022). About Us. Retrieved from <https://www.bindipharma.com/about-us>
4. FDA. (2022). Good Manufacturing Practices (GMPs). Retrieved from <https://www.fda.gov/regulatory-information/good-manufacturing-practices-gmps>
5. Mylan. (2022). Klonopin 1mg Tablets. Retrieved from <https://www.mylan.com/products/klonopin-1mg-tablets>
6. Teva. (2022). Klonopin 1mg Tablets. Retrieved from <https://www.tevapharm.com/products/klonopin-1mg-tablets>
7. Sandoz. (2022). Klonopin 1mg Tablets. Retrieved from <https://www.sandoz.com/products/klonopin-1mg-tablets>