Companies Sign Manufacturing Agreements Aimed at Increasing Biosimilar Access, Affordability
March 16th 2022OcyonBio signed a Good Manufacturing Practice (GMP) agreement for the manufacturing of biosimilars in Puerto Rico, while Evio Pharmacy Solutions implemented a strategy aimed at increasing biosimilar affordability.
Celltrion Biosimilar Demonstrates Equivalence With Xolair in Phase 1 Study
March 14th 2022A phase 1 study testing Celltrion Healthcare’s omalizumab biosimilar in healthy subjects showed similar safety and pharmacokinetic profiles to the reference product (Xolair), as presented at the American Academy of Allergy Asthma and Immunology’s annual meeting.
Prior Authorization Panel Yields Insights Into Role of PBMs in Biosimilar Uptake
March 9th 2022At a session at the Association of Community Cancer Centers’ 2022 Annual Meeting & Cancer Center Business Summit, panelists suggested that the quest for rebates by pharmacy benefit managers (PBMs) prevents uptake on some biosimilars—and could soon bleed over into biosimilar formulary placement.
AbbVie Settles ITC Case With Alvotech; Humira Biosimilar to Launch July 2023
March 8th 2022AbbVie settles outstanding lawsuits, including its case related to the International Trade Commission (ITC), with Alvotech, giving Alvotech the green light to launch its high-concentration, citrate-free adalimumab biosimilar referencing Humira in July 2023, pending FDA approval.
What Employers Can Do to Stand Up for Biosimilar Formulary Placement
February 24th 2022A report from the National Alliance of Healthcare Purchaser Coalitions detailed the common concerns employers have regarding implementing biosimilars within their health care plans and outlined how they could take charge and make a difference.
Biosimilars CEOs: Opportunities Abound, but Regulatory, “Branding” Hurdles Remain
February 24th 2022There remains risk in the US market due to regulatory and legal hurdles—not to mention a combative political environment, according to executives who gathered last week during the “CEOs Unplugged” session at Access! 2022, held by the Association for Accessible Medicines (AAM) in Orlando.
CMS Seeks Answers for Slower-Than-Expected Biosimilar Adoption, Rawal Says
February 21st 2022Purva Rawal, PhD, senior advisor and chief strategy officer, Center for Medicare and Medicaid Innovation, spoke during the Association for Accessible Medicines' Access! annual meeting, which gathered in Orlando, Florida, February 15-16.