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AstraZeneca, the world's biggest drugmaker, has announced the discontinuation of its antidepressant Seroquel (quetiapine fumarate) from its schizophrenia treatment, Seroquel XR.
The company's withdrawal from Seroquel from the market comes at a time when AstraZeneca is looking to expand its lead by up to a year.
In April, AstraZeneca announced the discontinuation of Seroquel XR due to a report that showed Seroquel XR had a risk of increasing suicidal thinking and behavior. The safety data came from the study, which showed that patients receiving Seroquel XR had a greater risk of developing suicide attempts compared to those receiving placebo.
The withdrawal was made in part by the announcement of an AstraZeneca settlement, which will cover about $2.5 billion of the transaction. This includes $1.3 billion in upfront and $2.5 billion in cash, plus a total of $2.5 billion in shares of the company.
AstraZeneca will continue to pay the affected shareholders and other affected parties, including shareholders of the company's stock, or in some cases, its shareholders and other affected shareholders, and it will pay the affected shareholders an additional $300 million in compensation.
Seroquel XR, or quetiapine fumarate, is a branded treatment used to treat schizophrenia in adults and children ages 12 and older, among others. AstraZeneca has since withdrawn its Seroquel XR from the market and the company is seeking to sell its Seroquel XR in the US.
Source-Medindia
Medindia is a direct-to-consumer newspaper owned by AstraZeneca. Medindia is a subsidiary of the company that serves as a distributor to the major online pharmacies. The Company is a member of the New York Stock Exchange.Medindia.com.com is a direct-to-consumer online pharmacy owned by AstraZeneca.SOURCE Medindia
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Quetiapine fumarate, also known as Quetiainy, the name comes by as a byproduct of a doctors prescription medication called quetiapine. It is commonly prescribed to treat symptoms of an enlarged prostate.
Quetiapine fumarate contains the active ingredient quetiapine, which works by altering the levels of a chemical called dopamine. Dopamine is a brain chemical that plays a role in deciding how much information is available during a sexual encounter.
Quetiapine is commonly prescribed to treat symptoms of an enlarged prostate. It works by inhibiting the production of the hormone made by the prostate gland. This hormone is crucial for regulating flow of urine, blood, and the production of prostaglandins. As a result, the enlarged prostate can cause symptoms such as:
Quetiapine comes in a class of medications known as selective serotonin reuptake inhibitors (SSRIs). These medications work by preventing the reabsorption of serotonin in the brain. This allows the brain to use serotonin effectively, helping to balance certain moods and symptoms of depression. However, Quetiapine can cause side effects such as:
Quetiapine can cause side effects such as:
It’s important to talk with your healthcare provider about any concerns you have regarding your treatment plan. They can provide personalized advice based on your symptoms and medical history.
In rare cases, quetiapine can cause a rare type of allergic reaction. This occurs when a substance known as amacroglobulin (a natural polypeptide) is released in response to the symptoms of an allergic reaction. This polypeptide causes tissues to become inflamed and results in swelling, a rash, difficulty breathing, and a runny or stuffy nose.
If you experience any of these symptoms, stop taking quetiapine and contact your doctor immediately. Symptoms can include:
Quetiapine can cause side effects including:
Seroquel XR, also known as quetiapine fumarate, is an atypical antipsychotic medication used in the treatment of various mental health disorders, including schizophrenia, bipolar disorder, and major depressive disorder. The drug is marketed by AstraZeneca and has been a significant player in the pharmaceutical market due to its broad therapeutic applications.
The global Seroquel market is robust and is slated to grow at a CAGR of 3.8% during the 2023-2025 period. The market is influenced by several key factors, including CAGR associated with medical device market, product variety and competition among pharmaceutical companies, government regulations, and rising healthcare expenditure.
The increasing demand for antipsychotic medication is a significant driver for the Seroquel market. The approval of Seroquel XR by the US Food and Drug Administration (FDA) in 1997, along with several other significant approvals, is a major driver for its growth.
The Seroquel market is segmented based on several criteria:
The market for Seroquel XR is also being segmented based on regions:
The Seroquel market is highly competitive and segmented by therapeutic indications and geographic regions.
The growing gerontology market is driven by the increasing prevalence of mental health disorders and the need for effective treatment.
The demand for Seroquel XR is likely to continue, driven by emerging markets, healthcare infrastructure, and rising healthcare expenditure.
Despite the rise in prescription drugs for mental health conditions, the market faces challenges such as price hikes, regulatory hurdles, and competition among pharmaceutical companies.
The Seroquel market is highly competitive and segmented by therapeutic indications and geographical regions.
The rising cost of drugs like Seroquel XR is a major driver for its growth. The cost of Seroquel XR is expected to drive its market share, increasing the market entry and price acceptance compared to other antipsychotic medications.
Seroquel XR is a widely prescribed antipsychotic drug for schizophrenia and bipolar disorder, which has been shown to cause significant weight gain and metabolic changes.
Researchers have been looking into the potential risks of Seroquel XR for weight loss. The drug has been linked to weight gain and metabolic changes, and the drug can lead to weight gain and metabolic issues.
The FDA is considering whether to classify Seroquel XR as a controlled-release drug. If approved, it would be the first drug approved for treating mental health conditions such as schizophrenia and bipolar disorder. Seroquel XR has a long history of effectiveness, but this drug has been linked to weight gain and metabolic changes.
When Seroquel XR comes off the market, some doctors may not think it is safe, especially when they are considering other medications that might cause weight gain and metabolic changes. This is because the drug is not a controlled-release drug and has not been shown to cause weight gain and metabolic changes.
Seroquel XR is approved to treat schizophrenia and bipolar disorder in adults and children, with the medication starting in the third trimester. The drug is available in the United States under the brand name Seroquel, Seroquel XR, Seroquel XR XR, Seroquel XR XR XR, and Seroquel XR XR XR.
It is also available in the United States under the brand name Seroquel XR.
Seroquel XR is a type of medication known as a second generation antipsychotic drug. It is used to treat schizophrenia and bipolar disorder. However, it is also available as an extended-release drug. Seroquel XR is a second generation antipsychotic drug that is used to treat bipolar disorder.
The drug is available in the United States under the brand name Seroquel.
Seroquel is used to treat depression. Seroquel belongs to a group of medicines called antipsychotics. Seroquel may be used alone or in combination with other medicines to treat a variety of mental health conditions. This includes bipolar disorder, schizophrenia, manic and mixed episodes of bipolar disorder.
Dosage?Seroquel is a non-psychotic medicine with a high dose of 200mg. For daily treatment, your doctor will prescribe the dosage and frequency. Your doctor may adjust the dose or monitor you for side effects. Seroquel comes in capsules and tablets. The most common side effects of Seroquel include dry mouth, constipation, dizziness, tiredness, weight gain, weakness, weight loss, skin rash, and constipation. These side effects may go away during your treatment as your dose gets lower and lower. Your doctor may also increase the dose to find out more about the side effects.
Seroquel is usually taken on an empty stomach at least 30 minutes before a meal, but the doctor may increase your dose to 200mg. You may take Seroquel with a meal or an empty stomach.
The most common side effects of Seroquel include weight gain, weakness, skin rash, dry mouth, dizziness, constipation, weight loss, weight gain, weakness, skin rash, yellowing of the skin or eyes, and weight gain.
Use?Seroquel is a prescription medicine for many mental health conditions. Your doctor will prescribe the dosage and time frame. Doctors also prescribe Seroquel for certain uses, such as bipolar disorder. Your doctor may start you at a low dose and gradually increase your dose.
Seroquel is not addictive. You are not dependent on Seroquel for major mental health conditions.
How to take Seroquel?The recommended time to take Seroquel is at least 30 minutes before a meal to get rid of the dry mouth, constipation, weight gain, weakness, skin rash, yellowing of the skin, and weight loss.
Seroquel can be taken with or without food. Take Seroquel with a full glass of water.
Read More About This Medication InstructionsSeroquel is a prescription medicine for mental health conditions. Your doctor also prescribe Seroquel for certain uses, such as bipolar disorder. |
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