Tuesday, June 11, 2019

On the Record


"A general rule of thumb [is] that each 1% in generic market share shift would result in about $1 million reduction in drug spend. Until the biosimilars can offer this type of savings, the incentive for payers to move will not be there, and, thereby, they will not persuade prescribers to switch."
— Ryan Cox, R.Ph., vice president, access experience team at Precision for Value, spoke with AIS's RADAR on Specialty Pharmacy about the FDA's final interchangeability guidance for biosimilars, and why payers still might have hurdles to overcome in implementing biosimilar use.

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