Sarfaraz K. Niazi, PhD, congratulates the FDA on approving the 50th biosimilar, noting that there's more work to be done to expand the market.
End of April 2024, the FDA made a significant announcement that it had approved 50 biosimilars 14 years after the Biologics Price Competition and Innovation Act (BPCIA) went into effect. While this is a hallmark moment, it remains an incomplete promise and hope related to biosimilars.
The FDA has approved biosimilars for only 15 molecules out of over 100 biologics that have had patents expired—and dozens more to join this list of candidates. The US-approved biosimilars are held mainly by big pharma companies as they can easily afford the cost of hundreds of millions of dollars for their approval.
However, the high development cost also means that biosimilars will remain high as these investments are amortized. The FDA can change the fate of biosimilars dramatically by adopting scientific rationality despite the misconstrued requirements listed in the BPCIA for biosimilar approval; the legislation gives the FDA that authority. Alas, some elements cannot be altered, such as the designation of interchangeable biosimilars, a classification that the US maintains with a few least-developed countries. There are legislative attempts to remove this despite the strong opposition by big pharma. So, until then, I believe the FDA should give interchangeable status to all first-time filers of a molecule—this will bring a deluge of new biosimilars.
Further, this approval should come without clinical efficacy testing that is now well-proven and redundant based on simple statistical calculations—no wonder these studies never fail because they cannot. The analytical assessment and clinical pharmacology profiling are more than enough to demonstrate the safety and efficacy of biosimilars. What is holding back is not any argument over the scientific merits of these suggestions but the conservative close-mindedness of the reviewers that is continuously instigated by the big pharma.
I wish to congratulate the FDA for reaching this milestone; I would be happier if the FDA had used this event to announce changes in the development requirements and become the leader in scientific pursuit.
Health Canada Approves First Omalizumab Biosimilar
December 16th 2024Health Canada has approved Omlyclo, the first omalizumab biosimilar in Canada, for the treatment of chronic idiopathic urticaria, allergic asthma, and chronic rhinosinusitis with nasal polyps, based on a phase 3 study confirming its bioequivalence to the reference product.
Biosimilars Development Roundup for October 2024—Podcast Edition
November 3rd 2024On this episode of Not So Different, we discuss the GRx+Biosims conference, which included discussions on data transparency, artificial intelligence (AI), and collaboration to enhance the global supply chain for biosimilars and generic drugs, as well as the evolving requirements for biosimilar devices.
Eye on Pharma: Golimumab Biosimilar Update; Korea Approves Denosumab; Xbrane, Intas Collaboration
December 10th 2024Alvotech and Advanz Pharma have submitted a European marketing application for their golimumab biosimilar to treat inflammatory diseases, while Celltrion secured Korean approval for denosumab biosimilars, and Intas Pharmaceuticals partnered with Xbrane Biopharma on a nivolumab biosimilar.
Exploring the Biosimilar Horizon: Julie Reed's Predictions for 2024
February 18th 2024On this episode of Not So Different, Julie Reed, executive director of the Biosimilars Forum, returns to discuss her predictions for the biosimilar industry for 2024 and beyond as well as the impact that the Forum's 4 new members will have on the organization's mission.
Aflibercept Biosimilar MYL-1701P Provides Equivalence in DME Therapy
November 27th 2024The study findings demonstrate that the aflibercept biosimilar MYL-1701P is as effective and safe as the reference aflibercept in treating diabetic macular edema (DME), offering a promising option for reducing treatment costs and improving global access to care for patients with DME.
Denosumab Biosimilars Earn Positive CHMP Opinion for Bone Loss and Giant Cell Tumor of Bone
November 26th 2024The European Medicines Agency Committee for Medicinal Products for Human Use (CHMP) has issued a positive opinion for the denosumab biosimilars SB16 for all indications referencing Prolia and Xgeva.