November 21st 2024
Biosimilars could improve access to biologic treatments and health care sustainability in Latin America, but their adoption is hindered by misconceptions, regulatory gaps, and weak pharmacovigilance, requiring targeted education and stronger regulations.
November 17th 2024
Health Economist Warns That Biosimilar Savings Could Be "Left on the Table"
March 1st 2018Richard G. Frank, PhD, a health economist at Harvard Medical School and the former deputy assistant secretary for planning and evaluation at HHS, has penned a new perspective paper in the New England Journal of Medicine in which he warns that, if biosimilars continue their trajectory, they could fail to deliver on their promise to provide cost savings to the US health system.
PhRMA Report: Value-Based Contracts Could Reduce Drug Costs
February 26th 2018Over the past 2 years, commercially insured patients enrolled in plans that had value-based contracts for certain high-cost drugs had lower copays for their medications than did patients enrolled in plans without such contracts. That finding comes from “Delivering Results for Patients: The Value of Value-Based Contracts,” a new report from the Pharmaceutical Research and Manufacturers of America (PhRMA).
PTAB Denies Tribe's Request for Sovereign Immunity From IPRs on Restasis Patents
February 26th 2018The US Patent Trial and Appeal Board (PTAB) has decided that the Saint Regis Mohawk Tribe cannot claim sovereign immunity from inter partes review (IPR) of Allergan’s patents covering Restasis, and that the IPR proceedings on those patents can continue with Allergan as the patent owner.
PBSA Asks FDA to Change Biosimilars Materials, But Other Patient Groups Cry Foul
February 21st 2018The Patients for Biologics Safety and Access (PBSA) is calling on the FDA to revise its prescriber-directed online educational materials on biosimilars. However, not all patient groups agree with PBSA’s stance.
AAM White Paper Highlights Need for Biosimilar Competition to Bring Down Costs
February 20th 2018A white paper released this month by the Association for Accessible Medicines (AAM) says that brand-name drugs are behind high prescription drug costs, and that those costs aren’t only hurting patients’ financial wellbeing, but also endangering their health.
Ireland Seeks to Join European Drug Price Negotiation Bloc
February 15th 2018Ireland’s Minister for Health, Simon Harris, announced this week that Ireland is seeking to join Belgium, the Netherlands, Luxembourg, and Austria in their BeNeLuxA Initiative, a group that negotiates price deals on pharmaceuticals directly with manufacturers.
Rheumatologist Sees Gray Areas in ACR White Paper on Biosimilars
February 14th 2018According to Roy Fleischmann, MD, a recent American College of Rheumatology (ACR) white paper appropriately describes issues including the nomenclature of biosimilars, the biosimilar approval pathway, and differences between biosimilars for biologic drugs and generics for small-molecule drugs. However, he takes issue with ACR's stance on substitution, extrapolation, and interchangeability.
Is the White House Budget at Odds With NIH's Contributions to New Drugs?
February 13th 2018Yesterday, President Trump released his budget proposal for the 2019 fiscal year. On the same day, the Proceedings of the National Academy of Sciences of the United States of America released a paper summarizing the NIH’s contribution of funding to new drugs approved from 2010 to 2016.
CEA White Paper Calls for "Easy and Inexpensive" Guidance on Interchangeable Biosimilars
February 12th 2018On Friday, the White House’s Council of Economic Advisors (CEA), an agency within the Executive Office of the President, released a white paper titled “Reforming Biopharmaceutical Pricing at Home and Abroad.”
Budget Bill Contains Wins for Biosimilars, Effort to Reduce Drug Costs Continues
February 9th 2018With a new budget bill having been signed by President Trump, the second government shutdown of 2018 is now over. The Bipartisan Budget Act of 2018 contains several provisions of interest to biosimilars stakeholders.
ACR Backs Biosimilars in New White Paper
February 8th 2018The American College of Rheumatology (ACR)'s previous position on biosimilars was one of caution during the initial development, evaluation, and approval of these drugs, but, writes the organization, “Now that biosimilars have been used successfully in Europe, with rigorously acquired data supporting their broader use, and as the [United States] is on the verge of a similar transition, the ACR is poised to reconsider its position.”
Another Province Adds Biosimilar Etanercept to Formulary as Canadian Drug Prices Fall
February 8th 2018Recently, the pan-Canadian Pharmaceutical Alliance (pCPA) annonced that it has reached a deal with generic drug makers to cut the prices of dozens of popular medications in exchange for an agreement that no jurisdiction will move to a system of public tendering for its drugs. In addition to the nationwide generic price cut, the province of Quebec also announced that it is the most recent Canadian area to add biosimilar etanercept (Erelzi) to its formulary.
Renewed Push for CREATES Act as Budget Deadline Looms
February 5th 2018Former Representative Henry Waxman told The Center for Biosimilars® in an email that the CREATES Act “…tackles one of the numerous problems driving high drug prices—drug manufacturers’ use of anti-competitive tactics to block access to generic drugs.
Angus Worthing, MD, Says ACR Will Continue to Push HHS On Part B Reimbursement
February 3rd 2018In an interview with The Center for Biosimilars®, Angus Worthing, MD, FACP, FACR, chair of the American College of Rheumatology (ACR) Government Affairs Committee, explained the next steps for ACR after submitting a comment letter to HHS on reimbursement for Part B drug costs and prior authorizations.
Advocacy Group Calls for Congressional Oversight Hearings on Biosimilars
February 2nd 2018Patients for Biologics Safety and Access, a coalition of patient advocacy organizations, called on the US Senate Committee on Health, Education, Labor and Pensions and the House Committee on Energy and Commerce to convene oversight hearings on biosimilar medicines.
ACR Urges HHS to Reform Policies on Part B, Prior Authorizations
February 1st 2018The American College of Rheumatology (ACR), which represents over 9500 rheumatologists and rheumatology health professionals, recently submitted a letter to HHS in response to the department’s request for information on Promoting Healthcare Choice and Competition Across the United States.
Trump Says Drug Prices to "Come Rocketing Down" With Azar Helming HHS
January 30th 2018Trump said of Azar, who was confirmed by a vote of 55 to 43 on January 24 to replace Tom Price, MD, as Secretary of HHS, “He’s going to get those prescription drug prices way down…it’s going to come rocketing down.”