The second interchangeable biosimilar approval, estimates of biosimilar savings, and competition for ranibizumab biosimilars characterized the month's developments.
The month of October brought a mixture of payer, regulatory, and clinical news in biosimilars, and these and more stories were covered by The Center for Biosimilars®.
One of the top stories was the approval of interchangeable status for the adalimumab biosimilar Cyltezo. This product was originally approved by the FDA as a biosimilar in 2017. Boehringer Ingelheim has projected a launch date of July 1, 2023.
The Center for Biosimilars® covered multiple poster and speaker presentations at the Academy of Managed Care (AMCP) Nexus 2021 meeting. In surveys presented at the conference, US pharmacists were found to have an insufficient understanding of biosimilars and interchangeability, and patients with immune-mediated disorders were only moderately accepting of these lower-cost-but-equivalent agents.
Also at AMCP, Jeff Casberg, MS, RPh, predicted that “authorized biologics”— manufacturer biosimilar versions of their own originator products—may soon enter the marketplace to compete against biosimilars.
Roche won FDA approval of an implantable device for delivery of ranibizumab, which poses a challenge to biosimilar makers. The implantable (Susvimo) requires refilling every 6 months and delivers a steady flow of ranibizumab to the eye. Biosimilars, on the other hand, must be injected into the eye as often as once a month.
Biocon Biologics reported strengthening biosimilar revenues, which are now one of its profit drivers, although the company has wrestled with FDA concerns about its Malaysia biologics factory. The company said it has established a plan for correcting the problems the regulatory body has identified.
Basaglar has been on the market since 2016, and although it references Lantus, it isn’t technically a biosimilar; but the presence of this drug has had an important effect on the affordability of insulin glargine, according to a recent study. From 2015 to 2020, net prices of Lantus declined by 5.2% per quarter.
It can happen that reference brands end up costing less than biosimilars. Much depends on how aggressive manufacturers are in competing with biosimilars. A specialty pharma report from CoverMyMeds predicted that increasing savings from biosimilar competition could benefit 1.2 million more patients by 2025. The report, however, also charted the rates of prescription abandonment by patients whose medications are priced beyond affordability. At $250 out of pocket, the rate of abandonment is higher than 55%, the report said.
Do varying dosage and infusion intervals for infliximab improve outcomes for patients with rheumatoid arthritis and ankylosing spondylitis? Investigators working on the 5-year RAAS study say the answer is an unequivocal yes. They measured dosage, infusion interval, and combined treatment pattern changes for real-world patients and found the changes reduced disease activity, although survival patterns were not notably different. The agent used in the study was CT-P13.
Lastly, the Biosimilars Forum, a trade association of biosimilar developers and manufacturers, converted biosimilar data from Pacific Research Institute to create a “what if” calculator for biosimilar savings. If biosimilar adoption reached a 75% market share (vs reference products) in each state of the union, the total national savings would be $14.08 billion, the group said. The calculator allows users to look up the respective savings for each state based on a 75% utilization rate.
Perceptions of Biosimilar Switching Among Veterans With IBD
December 2nd 2024Veterans with inflammatory bowel disease (IBD) prioritize shared decision-making, transparency, and individualized care in biosimilar switching, favoring delayed switching for severe cases and greater patient control.
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.
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.
Biosimilars Oncology Roundup for June 2024—Podcast Edition
July 7th 2024On this episode of Not So Different, we review biosimilar news coming out of June, with clinical trial results from conferences and a study showcasing how to overcome economic and noneconomic barriers to oncology biosimilars.
Omalizumab Biosimilar Shows Equivalent Efficacy as Multiple Sclerosis Treatment
November 26th 2024The phase 3 trial (NCT04966338) found that a biosimilar ocrelizumab candidate (Xacrel) was equivalent to Ocrevus in reducing the annualized relapse rate and showed comparable safety and efficacy in treating relapsing multiple sclerosis over 96 weeks.
Achieving PFS in Advanced Gastric Cancer With HLX02 Biosimilar, Chemotherapy
November 23rd 2024In a phase 2 study, the addition of HLX22, an anti-HER2 antibody, to HLX02 biosimilar and XELOX (oxaliplatin and capecitabine) chemotherapy extended progression-free survival (PFS) in untreated HER2-positive advanced gastric cancer patients.