By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    bowl of vegetable salad
    Raw Foods: benefits and harms
    November 9, 2021
    pros and cons of the keto diet
    Read This Before You Follow the Keto Diet
    May 18, 2022
    spinal cord injuries
    4 Potential Causes of Spinal Cord Injuries (and How to Seek Compensation)
    May 25, 2022
    Latest News
    Beyond Nutrition: Everyday Foods That Support Whole-Body Health
    June 15, 2025
    The Wide-Ranging Benefits of Magnesium Supplements
    June 11, 2025
    The Best Home Remedies for Migraines
    June 5, 2025
    The Hidden Impact Of Stress On Your Body’s Alignment And Balance
    May 22, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Transforming Medicaid via the Medical Home Model
    February 24, 2013
    healthcare reform
    Healthcare Reform: The Real Elephant in the Room
    July 10, 2013
    The PCMH and Home Care Data: An Interview with Melissa McCormack
    December 19, 2013
    Latest News
    Let Your Lawyer Handle the Work Before You Pay Medical Costs
    July 6, 2025
    Top HIPAA-Compliant Messaging Apps for Healthcare Teams
    June 25, 2025
    When Healthcare Ends, the Legal Process Begins: What Families Should Know About Probate and Medical Estates
    June 20, 2025
    Preventing Contamination In Healthcare Facilities Starts With Hygiene
    June 15, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Generic Adderall XR to Be Sold in 2016 Under Agreement Struck Between Shire and Sandoz
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Finance > Generic Adderall XR to Be Sold in 2016 Under Agreement Struck Between Shire and Sandoz
BusinessFinance

Generic Adderall XR to Be Sold in 2016 Under Agreement Struck Between Shire and Sandoz

Susan Scutti
Susan Scutti
Share
0 Min Read
generic adderall
SHARE

generic adderallAdderall XR producer Shire has agreed to supply an authorized generic version of the attention-deficit/hyperactivity disorder (ADHD) drug to Sandoz Inc., the generic division of Novartis. 

generic adderallAdderall XR producer Shire has agreed to supply an authorized generic version of the attention-deficit/hyperactivity disorder (ADHD) drug to Sandoz Inc., the generic division of Novartis. The agreement calls for Shire to manufacture and supply Sandoz with all dosage strengths of the controlled-release form of the product, while Sandoz will distribute the product in the U.S. Adderall was originally approved by the U.S. Food and Drug Administration (FDA) in 1996 for the treatment of adults and pediatric patients six years of age and older with ADHD. The terms of the new agreement begin on July 1, 2016, at which point Sandoz will pay Shire a royalty on all sales of the authorized product. Shire earned $81.4 million from sales of the drug during the third quarter of this year, Reuters reported.

ADHD and Adderall

ADHD is a neurobiological condition that affects five percent of school age children, according to the American Psychiatric Association, though the Centers for Disease Control and Prevention believes that the numbers are higher. As of 2011, nearly 11 percent of children between the ages of four and 17 (6.4 million children) have been diagnosed with ADHD. The prevalence of children in that age group who take ADHD medication increased from just under five percent in 2007 to 6.1 percent in 2011. In as many as 60 percent of all cases, the symptoms of ADHD continue into adulthood; ADHD, then, affects four percent of all adults. According to IMS Health, in 2011, about 14 million monthly prescriptions (of ADHD drugs) were written for adults, which is two and a half times the 5.6 million prescriptions written in 2007.

Adderall is a mixture of four different amphetamine salts: dextroamphetamine saccharate, amphetamine aspartate, dextroamphetamine sulfate, and amphetamine sulfate. The FDA lists heart-related problems, psychiatric problems, and circulation problems as possible side effects. Other potential effects include insomnia, nausea, decreased appetite, weight loss, headache, dizziness, and abdominal pain.

In 2005 Health Canada, the Canadian drug regulatory agency, suspended the sale of Adderall XR in the Canadian market. The Canadian action was based on U.S. post-marketing reports of sudden deaths in pediatric patients. At that time, the FDA issued a press release stating it had “been aware of these post-marketing cases, and evaluated the risk of sudden death with Adderall prior to approving the drug for treatment of ADHD in adults last year.” Canada almost immediately reversed its original ban, though it established new labeling guidelines to warn patients of possible side effects. 

Adderall is categorized as a “Schedule II” drug — along with Ritalin, Dexedrine, and cocaine — which under the system of classification used by the Drug Enforcement Agency indicates a substance with a high potential for abuse. According to the National Institute on Drug Abuse, Adderall falls within the classes of prescription drugs that are commonly abused.

(image: FtWashGuy, CC-BY-SA-3.0-migrated)

TAGGED:AdderallADHDpharmaSandozShire
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

car accident lawsuit
Let Your Lawyer Handle the Work Before You Pay Medical Costs
Policy & Law
July 6, 2025
women dental care
What Is a Smile Makeover and How Much Does It Cost?
Dental health
June 30, 2025
HIPAA-Compliant Messaging Apps
Top HIPAA-Compliant Messaging Apps for Healthcare Teams
Global Healthcare Policy & Law Technology
June 25, 2025
recovering from injury
Rebuilding After Injury: Path to Physical and Emotional Recovery
News
June 22, 2025

You Might also Like

Image
BusinesseHealthSocial Media

Beyond the Buzz: The Ultimate List of the Best Free Social Media Management Tools for Your Healthcare Marketing

May 8, 2015
Health 2.0 Europe Panel
BusinessWellness

Health 2.0 Europe: “Improving and Enriching the Patient-Provider Relationship”

December 2, 2013
IMG_8195
BusinesseHealthTechnology

A Call to Action from HiMSS

April 18, 2015
provider rating system
BusinessHealth ReformNewsPolicy & Law

3 Steps Toward Preparing for a Provider Rating System

October 9, 2014
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?