In a presentation titled “Biosimilar Medicine: Changing Landscape in Health Care,” given on Monday at the 2017 American College of Rheumatology Annual Meeting in San Diego, California, J. Eugene Huffstutter MD, FACP, FACR, shared practical considerations for using biosimilars in the rheumatology clinic.
In a presentation titled “Biosimilar Medicine: Changing Landscape in Health Care,” given on Monday at the 2017 American College of Rheumatology Annual Meeting in San Diego, California, J. Eugene Huffstutter MD, FACP, FACR, shared practical considerations for using biosimilars in the rheumatology clinic.
Among the potential issues that a physician could encounter with a biosimilar in practice are the following:
However, Huffstutter pointed out that there are other risks associated with a transition to biosimilars, some of which are not discussed as often as the above:
Furthermore, rheumatologists have a steep learning curve ahead. Huffstutter called on rheumatologists to familiarize themselves with state laws governing substitution of interchangeable biosimilars, availability of patient support programs, insurance contracts, formulary status, and—critically—patient acceptance of biosimilars. Patients, he says, have “been left out of this whole discussion.”
But before biosimilars will achieve widespread adoption in rheumatology, the issue of cost must be addressed. Huffstutter shared many rheumatologists’ frustrations about the high cost of biologics, and was bemused by CMS’ wholesale acquisition cost that determines reimbursement for biosimilars. “[I] want CMS to tell us where they get these prices from so I can buy it from there, because it’s certainly a lot cheaper than what I can buy it for,” he said.
Instead of putting the onus for high costs on the drug manufacturers—“not only do we throw [manufacturers] under the bus, we back up and run over them again”—Huffstutter blamed PBMs, who profit from rebates provided by manufacturers in exchange for formulary placement, for potentially blocking biosimilar access. “That’s where the money is…[a manufacturer's profit] is chump change compared to what is going on [with PBMs],” said Huffstutter. “I don’t care how good a rheumatologist you are: if you can’t get a drug to a patient, you’re wasting your time.”
Cost-Efficiency in Action: Denmark's Transition to Biosimilar Adalimumab
January 14th 2025The nationwide mandatory switch from Humira (reference adalimumab) to biosimilar adalimumab in Denmark led to no increase in total health care costs over 9 months, with significant cost reductions for those who switched to GP2017 specifically, highlighting the economic feasibility of biosimilar adoption.
Biosimilars in America: Overcoming Barriers and Maximizing Impact
July 21st 2024Join us as we explore the complexities of the US biosimilars market, discussing legislative influences, payer and provider adoption factors, and strategies to overcome industry challenges with expert insights from Kyle Noonan, PharmD, MS, value & access strategy manager at Cencora.
Top 5 Most-Read Rheumatology Articles of 2024
December 30th 2024The top 5 rheumatology biosimilar articles of 2024 highlight significant FDA approvals, including high-concentration adalimumab and tocilizumab biosimilars, along with evidence supporting the safety and efficacy of biosimilar-to-biosimilar switching.
Breaking Barriers in Osteoporosis Care: New Denosumab Biosimilars Wyost, Jubbonti Approved
June 16th 2024In this episode, The Center for Biosimilars® delves into the FDA approval of the first denosumab biosimilars, Wyost and Jubbonti (denosumab-bbdz), and discuss their potential to revolutionize osteoporosis treatment with expert insights from 2 rheumatologists.
The Top 5 Most-Read Conference Articles of 2024
December 26th 2024The top 5 biosimilar conference articles in 2024 highlight significant progress in the biosimilar landscape, including strategies for market sustainability, safety of switching to biosimilars, and substantial savings through high biosimilar adoption, while also addressing ongoing challenges.
Empowering Vulnerable Populations: The Path to Equitable Biologic Therapy Access
December 22nd 2024Elie Bahou, PharmD, senior vice president and system chief pharmacy officer at Providence, discusses strategies to improve equitable access to biologic therapies, including tiered formularies, income-based cost sharing, patient assistance programs, and fostering payer partnerships.