During this week’s annual meeting of American Society of Hematology, researchers from Canada reported that using biosimilar filgrastim could result in substantial savings.
The role of biosimilars in Canadian healthcare systems has been increasingly in the spotlight in recent months, with an advisory council recommending biosimilar use as a way to achieve universal public coverage for pharmaceuticals, but with some patient groups—and reference product sponsors—opposing provincial switching programs that seek to transition patients to biosimilar products.
It is in this milieu that, during this week’s annual meeting of American Society of Hematology, researchers from Canada reported that using biosimilar filgrastim could result in substantial savings. The study, conducted by researchers from the University of Saskatchewan and the University of Alberta, focused on the Health Canada—approved biosimilar Grastofil, made by Apotex, which was introduced in Canada in 2016.
In a retrospective analysis of IQVIA data on Canadian drug purchases from 2016 to 2018, the investigators stratified samples by region, market size, and center type, and calculated cost savings on a quarterly basis by province.
They found that, during the period studied, the biosimilar accounted for 27% of filgrastim purchases, and a total of $62,061,576 (USD $47,127,078) in spending, while the brand-name filgrastim, Neupogen, accounted for $204,152,590 (USD $155,025,310). Biosimilar use therefore generated $13,443,873 (USD $10,208,739) in savings, but could have generated $36,348,476 (USD $27,601,578) had the biosimilar been used in 100% of cases.
The researchers note that the overall percentage of biosimilar filgrastim used in each Canadian province varied widely; market share for the biosimilar was as low as 0.08% in Nova Scotia and as high as 81.62% in Saskatchewan. In the largest Canadian province, Ontario, the biosimilar represented 44.7% of filgrastim use during the study period.
According to the authors, using biosimilars is an opportunity to save money in an overextended healthcare system, and while using Grastofil did generate some savings, increased biosimilar use will produce greater financial benefits.
Reference
Bhimji H, Eurich D, Mansell K, Mansell H. Potential and realized cost savings with the use of the biosimilar Grastofil vs Neupogen. Presented at: The 61th Annual Meeting and Exposition of the American Society of Hematology; December 7-10, 2019; Orlando, FL. Abstract 2126.
How AI Can Help Address Cost-Related Nonadherence to Biologic, Biosimilar Treatment
March 9th 2025Despite saving billions, biosimilars still account for only a small share of the biologics market—what's standing in the way of broader adoption and how can artificial intelligence (AI) help change that?
Will the FTC Be More PBM-Friendly Under a Second Trump Administration?
February 23rd 2025On this episode of Not So Different, we explore the Federal Trade Commission’s (FTC) second interim report on pharmacy benefit managers (PBMs) with Joe Wisniewski from Turquoise Health, discussing key issues like preferential reimbursement, drug pricing transparency, biosimilars, shifting regulations, and how a second Trump administration could reshape PBM practices.
Similar Survival, Safety for Bevacizumab Biosimilar vs Originator in Colorectal Cancer
February 8th 2025A retrospective observational study found no significant differences in progression-free survival or safety in patients with colorectal cancers in Japan treated with ABP 215, Amgen’s bevacizumab biosimilar, or reference bevacizumab (Avastin), and estimated cost savings of 800,000 Japanese yen (approximately $5100) per patient with the biosimilar.