Merck today announced the US launch of its biosimilar infliximab, Renflexis, which it developed under a joint venture with Samsung Bioepis.
Merck today announced the US launch of its biosimilar infliximab, Renflexis, which it developed under a joint venture with Samsung Bioepis.
Merck’s product, a tumor necrosis factor (TNF) blocker referenced on Janssen Biotech’s Remicade, was approved by the FDA on April 21, 2017 for the treatment of Crohn’s disease, pediatric Crohn’s disease, ulcerative colitis, rheumatoid arthritis, ankylosing spondylitis, psoriatic arthritis, and plaque psoriasis.
Merck will introduce the drug at a US list price of $753.39, which it says represents a 35% discount to the price of the reference Remicade. That price point puts renewed pressure on Janssen; while Remicade earned the Johnson and Johnson division $4.8 billion in 2016, or 9.7% of its 2016 revenue, Remicade’s sales slipped after competition from Celltrion's biosimilar infliximab, Inflectra. When Pfizer, which has commercialization rights to the drug, introduced Inflectra in 2016, it set its product’s list price at only a 15% discount to that of Remicade; Merck’s deeper discount has the potential to encroach on Remicade’s sales figures even further.
“Merck looks forward to launching Renflexis in the United States to help meet the needs of patients, physicians and payers,” said Dora Bibila, general manager of Merck Biosimilars. “As a global healthcare leader, Merck believes that biosimilars have the potential to help increase access to these important medicines while also providing savings for the health care system.” Merck plans to make available comprehensive education and support services for healthcare professionals, patients, and caregivers, including reimbursement and access support.
Despite Merck’s move to introduce Renflexis to the United States, Janssen seeks to retain its hold on the infliximab market through litigation. Earlier this year, Janssen filed a district court lawsuit to prevent the sale of Merck and Samsung Bioepis’ infliximab product in the US, saying that the biosimilar product’s manufacturers had violated several of its patents.
Samsung Bioepis, for its part, believes that the case will be resolved in its and Merck’s favor. “We are confident we do not infringe on Janssen’s patents,” a company spokesperson, told Reuters. “We will take all necessary measures against Janssen's attempts to violate patient rights and deny patient access to effective, lower-cost treatment options."
Eye on Pharma: Korean Drugmakers’ Impact in Europe; New Denosumab, Eculizumab Deals
January 11th 2025Korean drugmakers hold over 50% market share in the 6 best-selling biosimilar markets, 2 companies sign exclusive licensing partnership for a denosumab biosimilar, and 2 others join forces for an eculizumab biosimilar.
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.
Overcoming Challenges to Improve Access and Reduce Costs
November 12th 2024Biosimilars hold the potential to dramatically lower health care costs and improve access to life-changing treatments, but realizing this potential will require urgent policy reforms, market competition, and better education for both providers and patients.