Last week, the European Medicines Agency (EMA) released a report describing its contributions to science, medicines, and health for the year 2017.
Last week, the European Medicines Agency (EMA) released a report describing its contributions to science, medicines, and health for the year 2017.
Last year, the EMA recommended a total of 92 medicines for marketing authorization and of these approvals, 35 contained a new active substance.
The number of applications for biosimilar medicines continues to grow year over year, with 17 applications received by the EMA in 2017, compared with 14 in 2016. The EMA also reported that this is the highest number of applications it has received to date in a single year. To date, the Committee for Medicinal Products for Human Use has given positive opinions for 28 biosimilars in the European Union.
Furthermore, the EMA and the European Commission (EC) released an information guide for healthcare professionals on biosimilar medicines in May 2017. The objective of the guide was to provide healthcare professionals with information on both the science and the regulation of biosimilar drugs.
“Promoting innovation and research in medicine development so that patients can benefit from much-needed safe, high-quality and effective medicines is a key priority for the Agency,” said the EMA in its report.
In the United States, the FDA more than doubled the number of drugs it approved in 2017, with 46 novel medicines receiving the green light compared with the year prior. However, it is important to note that the US drug approval tally for 2017 does not include the first of a new wave of cell and gene therapies from companies Novartis, Gilead Sciences, and Spark Therapeutics, which all had drug approvals in 2017 under a separate category.
Over the entire span of the biosimilar approval pathway’s use in the United States, the FDA has approved only 9 biosimilar therapies, with no approvals to date in 2018. In fact, the FDA has issued 4 Complete Response Letters (CRLs) in 2018: Celltrion received CRLs for both its proposed rituximab and trastuzumab biosimilars; Sandoz for its proposed rituximab biosimilar; and Pfizer for its proposed trastuzumab biosimilar.
Enhancing Adoption of Infused Biosimilars for a Sustainable Future
October 30th 2024An IQVIA report highlights challenges to the sustainability of infused biosimilars in the US, citing rebate walls and reimbursement policies, and proposes key solutions to enhance adoption and benefits for all stakeholders.
Biosimilars in America: Overcoming Barriers and Maximizing Impact
July 21st 2024Join us as we explore the complexities of the US biosimilars market, discussing legislative influences, payer and provider adoption factors, and strategies to overcome industry challenges with expert insights from Kyle Noonan, PharmD, MS, value & access strategy manager at Cencora.
Strengthening the Supply Chain: Key Insights From FDA Commissioner Dr Robert Califf
October 25th 2024At the GRx+Biosims conference, FDA Commissioner Robert Califf, MD, stressed the urgent need for data transparency in the global supply chain and the role of collaboration and artificial intelligence in ensuring the resilience of biosimilar and generic drug production.
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.
Calling for Unified Biosimilar Standards, Stronger Education at GRx+Biosims
October 23rd 2024At the GRx+Biosims conference, a fireside chat highlighted the need to streamline biosimilar development and strengthen industry collaboration, with Sarah Yim, MD, of the FDA, emphasizing education's key role in building trust and adoption.