by Angela Maas
The FDA approved only four biosimilars in 2021, down from its high of the 10 it approved in 2019, but slightly more than the three such therapies approved in 2020. The agency also granted interchangeability to the first two biosimilars. This year may up the excitement level, industry experts tell AIS, with numerous products expected to be approved, while other noteworthy therapies will lose patent protection and potentially face biosimilar competition.
Dea Belazi, Pharm.D., M.P.H., president and CEO of AscellaHealth:
- There are six biosimilars with potential launches
next year, including [for AbbVie Inc.’s] Humira 100 mg, [Biogen’s]
Tysabri, [Roche Group member Genentech USA, Inc.’s] Avastin, [Novo
Nordisk’s] NovoLog, [Genentech’s] Lucentis and [Amgen Inc.’s]
Neulasta.
- If launched, these products will help drive
biosimilar adoption and cost-savings opportunities for both patients
and payers.
- The complexities related to the manufacturing of
biosimilar drugs is one major drawback that can restrict market growth
in this space. Moreover, lack of awareness regarding the availability
of biosimilars among the population is a potential factor that may
hamper the projected market growth.
Bill Dreitlein, senior director of pipeline & drug surveillance at Optum Rx:
- Pharmacy care services organizations like Optum Rx
leverage competition among prescription drug products to reduce costs
for patients. Increasing competition through the approval of more
brand, generic and biosimilar drug competitors will enable organizations
to more effectively lower prescription drug costs for patients,
employers, government programs and others.
- Facilitating understanding of biosimilars, along
with making it harder for drugs and biologics to gain exclusivity, are
important steps to expanding the adoption of biosimilars and reducing
overall drug costs.
- Patient and provider comfort is still a critical
barrier. We have seen an increase in prescriber and patient education.
For new-to-therapy patients, we are there, but for existing patients,
in some certain disease states, switching therapies where patients are
already stable can be a difficult decision.
Nicole Kjesbo, Pharm.D., B.C.P.S., clinical program development director at Prime Therapeutics LLC:
- There are multiple biosimilars in the pipeline that
could join Pfizer’s Zirabev and Amgen/Allergan’s Mvasi as Avastin’s
biosimilars. That should create more competition and decrease
pricing.
- Multiple Humira biosimilars may be approved in 2022
joining the bunch that have already been approved, none of which can
launch until 2023. AVT02 from Alvotech/Teva is seeking FDA approval
and will seek interchangeability with Humira as well.
- One biosimilar that has been approved for Lucentis
is Samsung Bioepis’ Byooviz, and one other is set
for an FDA decision in 2022. Both are expected to launch in 2022.
Although there may be an approval of an Eylea [from Regeneron
Pharmaceuticals, Inc.] biosimilar in 2022, Eylea biosimilars are
unable to launch until either 2024 or 2032 pending patent
litigation.
From Radar on Specialty Pharmacy
Subscribers may read the in-depth article online. Learn more about subscribing to AIS Health's publications.
- There are six biosimilars with potential launches
next year, including [for AbbVie Inc.’s] Humira 100 mg, [Biogen’s]
Tysabri, [Roche Group member Genentech USA, Inc.’s] Avastin, [Novo
Nordisk’s] NovoLog, [Genentech’s] Lucentis and [Amgen Inc.’s]
Neulasta.
To be a Medicare Agent's source of information on topics affecting the agent and their business, and most importantly, their clientele, is the intention of this site. Sourced from various means rooted in the health insurance industry - insurance carriers, governmental agencies, and industry news agencies, this is aimed as a resource of varying viewpoints to spark critical thought and discussion. We welcome your contributions.
Tuesday, March 1, 2022
Biosimilar Approvals Are Expected to Undergo Upward Trend in 2022
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment