According to the recently released Personalized Medicines Coalition 2017 Progress report, the FDA approved a record number of 16 new personalized medicines in 2017.
According to the recently released Personalized Medicines Coalition (PMC) 2017 Progress report, the FDA approved a record number of 16 new personalized medicines in 2017.
In fact, PMC reported that in the past 4 years, more than 1 in every 4 drug approvals has been of a personalized medicine. In 2017, the agency also approved the first personalized medicine biosimilar in the United States: trastuzumab-dkst, (Ogivri) received FDA approval in December 2017 to treat HER2-positive breast cancer. Trastuzumab-dkst is referenced on trastuzumab (Herceptin), which received FDA approval in 1998.
In addition, the agency approved the first 3 gene therapies for the first time in the United States. Two of the gene therapies, tisagenlecleucel (Kymriah) and axicabtagene ciloleucel (Yescarta), are CAR T-cell treatments for acute lymphoblastic leukemia and large B-cell lymphoma, respectively. The final gene therapy, voretigene neparvovec-rzyl (Luxturna) was approved for the treatment of retinol dystrophy.
“We’re increasingly able to identify patient benefit earlier in the development process because of the ability to better target medicines to the underlying mechanisms of disease,” said FDA Commissioner Scott Gottlieb, MD, of these approvals.
The FDA also expanded indications in 2017 for 15 different personalized medicines, including pembrolizumab (Keytruda). Pembrolizumab is now indicated to treat all solid tumor types in advanced cancers with microsatellite instability-high or mismatch-repair deficiency. The PMC report notes that this marks the first time an oncology drug has been approved based on a biomarker, regardless of where the tumor is located within the body.
Notably, for the second time in their histories, the FDA and CMS announced a joint approval and coverage decision under the Parallel Review program in 2017. This approval was granted to a next-generation sequencing (NGS) testing platform, Foundation Medicine’s FoundationOne CDx. Additionally, for the first time, the FDA authorized the commercialization of health-related genetic tests that are sold directly to consumers, such as the 23andMe Personal Genome Service Genetic Health Risk test.
“FDA has an important role to play in advancing this targeted approach to treating disease by building a modern framework that ensures we’re providing the guidance and resources needed to efficiently develop these novel products using new technology,” said Gottlieb.
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 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.
Commercial Payer Coverage of Biosimilars: Market Share, Pricing, and Policy Shifts
December 4th 2024Researchers observe significant shifts in payer preferences for originator vs biosimilar products from 2017 to 2022, revealing growing payer interest in multiple product options, alongside the increasing market share of biosimilars, which contributed to notable reductions in both average sales prices and wholesale acquisition costs.
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.
The Rebate War: How Originator Companies Are Fighting Back Against Biosimilars
November 25th 2024Few biologics in the US have multiple biosimilar competitors, but originator biologics respond quickly to competition by increasing rebates and lowering net prices, despite short approval-to-launch timelines for biosimilars.