April 16th 2025
To help bring down sky-high drug prices, President Donald Trump signed an executive order pushing for faster biosimilar development, more transparency, and tougher rules on pharmacy benefit managers—aiming to save billions and make meds more affordable for everyone.
As Biosimilars Close In, Innovator Biologic Developers Forge New Strategies
February 14th 2019As brand-name biologics that have achieved strong sales begin to age, and as biosimilar developers grow closer to gaining approval for and launching their products, innovator biologic developers are taking on new strategies to defend their profits and market share.
Prior Authorization Process Continues to Weigh On Providers and Patients, AMA Says
February 13th 2019An American Medical Association survey of 1000 physicians regarding the impact of prior authorization (PA) found that most providers reported a significant or negative impact on patient care, and more than a quarter reported a serious adverse event.
IQVIA Data Show ANDA Approvals on the Rise, Biosimilars Fighting for Market Share
February 11th 2019During the Association for Accessible Medicines’ Access! 2019 meeting, Doug Long, vice president of industry relations at IQVIA, gave an update about what trends are being identified in the generic and biosimilars markets across the globe.
Eye on Pharma: Samsung Bioepis to Partner With C-Bridge on Biosimilars
February 11th 2019Biosimilar developer Samsung Bioepis, a partnership between Samsung BioLogics and Biogen, has announced a new licensing agreement with the private equity firm C-Bridge Capital that will allow the drug maker to expand its reach into mainland China.
Court Rules That Momenta's Abatacept Appeal Is Moot
February 8th 2019This week, the United States Court of Appeals for the Federal Circuit found that Momenta lacked standing to appeal a decision upholding a patent covering abatacept (Orencia) and said that Momenta’s appeal was rendered moot by the drug makers’ choice to stop developing its biosimilar.
Could Aptamers Be a New Feature in the Biosimilar Developer's Toolkit?
February 6th 2019One emerging method to monitor potential differences is to apply aptamers: single-stranded DNA or RNA oligonucleotides. Aptamers can bind to various targets, and because they have a defined fold that can recognize a target with high affinity, they can be used as surrogate antibodies.
Drug Pricing Forecast Reminds Stakeholders About Role of Biosimilars
February 2nd 2019A raft of biosimilars possibly coming to market is not expected to relieve the burden of healthcare costs in 2019, but it is possible that the combination of products in the queue, as well as reimbursement changes, could be the beginning of change, according to a drug pricing forecast out this week from Vizient.
An End to the Rebate Trap? HHS Proposes Rule to End Safe Harbor
February 1st 2019On Thursday, HHS proposed a rule intended to reduce patients’ out-of-pocket costs for prescription drugs by blocking rebates and discounts given to pharmacy benefit managers, Part D plans, and Medicaid managed care organizations and encouraging discounts given directly to patients.
Innovent Seeks Chinese Regulatory Approval for Proposed Biosimilar Bevacizumab
January 30th 2019Innovent Biologics, a China-based biopharmaceutical company, recently submitted a New Drug Application for its proposed bevacizumab biosimilar, IBI-305, referencing Avastin, to the Chinese regulatory agency, the National Medical Products Administration.
Eye on Pharma: Biocon Reports Its Highest-Ever Revenue and Profit Growth for Q3
January 28th 2019In the past year, Biocon received marketing approvals in the European Union for both its biosimilar pegfilgrastim (sold as Fulphila) and its biosimilar trastuzumab (sold as Ogivri), which were co-developed in a partnership with Mylan.
Coherus Settles With AbbVie, Sues Amgen, Over Biosimilar Adalimumab
January 28th 2019Coherus BioSciences announced on Friday that it has become the latest biosimilar developer to settle with AbbVie, maker of the brand-name adalimumab, Humira, over a proposed biosimilar. In an intellectual property twist, Coherus also announced that it has sued a rival biosimilar developer, Amgen.
Bio-Thera Begins Phase 3 Trial of Proposed Tocilizumab Biosimilar
January 27th 2019Bio-Thera Solutions, a China-based biosimilar developer, announced that it has dosed the first patients in its phase 3 clinical study of BAT1806, a proposed biosimilar tocilizumab referencing Actemra, an interleukin-6 inhibitor.
Drugs Targeted by Biosimilars Are Responsible for Some of the Highest Hospital Spending
January 25th 2019A new report from research institution NORC at the University of Chicago finds that hospitals and health systems face high annual growth in drug spending, and some of the highest-spend drugs are those facing biosimilar challenges.
Sales of Oncology Reference Products Far Outpace R&D Costs, Study Finds
January 25th 2019Drug makers often point to substantial research and development (R&D) costs as reasons for the high prices of innovator drugs, particularly in oncology. However, some stakeholders have expressed skepticism about whether R&D costs are indeed in line with the prices that drug makers charge. In a new study published in JAMA, investigators sought to compare sales of cancer drugs with estimated R&D costs.
Sanctions Against Samsung BioLogics Suspended Pending Court Ruling
January 24th 2019A South Korean court ruled this week that penalties imposed against Samsung BioLogics, parent company of biosimilar developer Samsung Bioepis, by the Financial Services Commission (FSC) for allegedly committing fraud have been suspended.
Amgen and Allergan Announce Positive Topline Results for ABP 798
January 24th 2019Amgen and Allergan today announced positive topline results of a combined phase 1 and phase 3 study evaluating ABP 798, a proposed biosimilar rituximab, in comparison with the reference Rituxan in patients with rheumatoid arthritis.
Managing Risk Can Ensure Biosimilar Rewards, Expert Says
January 24th 2019Despite the challenges inherent in biosimilars, they have a fairly high probability of success, said Edric Engert, managing director of Abraxeolus Consulting, in a presentation at the 14th Biosimilars Summit, held January 22-23, 2019, in Alexandria, Virginia.