Entresto (Novartis) has faced US generic competition since 2025. US generics entered in Q3 2025.
Entresto's US exclusivity date is based on generics launched. US generics have already launched, so the loss of exclusivity is under way. It is a small-molecule drug, so copies are generics. Generic launches usually take most of the US volume within months.
Entresto was selected for the Medicare Drug Price Negotiation Program. Its negotiated Medicare price takes effect in 2026, 53% below its list price. US generics had already launched by then. The discount is measured against list price, before the rebates drugmakers already pay, and applies to Medicare only, so the revenue impact is smaller than the headline number.
Entresto is 14% of Novartis's 2025 revenue ($7.7B of $54.5B). With Cosentyx, the drugs tracked here add up to 26% of Novartis's revenue losing US exclusivity by 2029.
Bars show each company's tracked drugs as a share of its total 2025 revenue. Entresto is highlighted.