OcyonBio signed a Good Manufacturing Practice (GMP) agreement for the manufacturing of biosimilars in Puerto Rico, while Evio Pharmacy Solutions implemented a strategy aimed at increasing biosimilar affordability.
Over the past week, 2 companies have signed agreements aimed at increasing access and affordability to biosimilars in the United States, including a manufacturing agreement that was established in Puerto Rico.
OcyonBio and Biosimilars Solutions Enter GMP Manufacturing Deal
OcyonBio, a company based in Aguadilla, Puerto Rico, announced a manufacturing and operations agreement for the development of facilities that will be used to produce biosimilars with Biosimilar Solutions, Inc.1
Under the agreement, OcyonBio is creating an advanced therapy contract development and manufacturing organization that will allow Biosimilars Solutions to have access to the full development process for biosimilars, including preclinical testing, clinical trials, and commercial manufacturing. The agreement will ensure that the biosimilars are developed using the current Good Manufacturing Practice (cGMP) regulations that are enforced by the FDA.
“With our partnership development manufacturing organization model, OcyonBio is the perfect partner to usher in these biosimilars to the U.S. Biosimilar Solutions, Inc. will have streamlined control over cGMP production in a facility that has been designed to meet global regulatory expectations and readiness for FDA, [European Medicines Agency], and global regulatory audits," said Robert Salcedo, CEO of OcyonBio, in a company announcement.
The Aguadilla-located plant that is included in the deal includes over 95,000 sq ft of cleanroom and biomanufacturing space. Biosimilar production in the facilities is anticipated to begin sometime this year.
Previously, Biosimilars Solutions entered a license and development agreement with Reliance Life Sciences, an Indian biosimilar company that markets overseas. Biosimilars Solutions said that it expects it to create in-house commercial-scale facilities for recombinant proteins and monoclonal antibodies.
“We are excited to start working with OcyonBio in Puerto Rico. There is no doubt the island's capabilities in the bioscience sector will help us meet our goal of making medicines affordable for all,” said Daniel Chang, cofounder of Biosimilar Solutions.
Evio Starts Initiative for Biosimilar Affordability
Evio Pharmacy Solutions announced that it has rolled out a biosimilar strategy that will increase the affordability of biosimilar medications.2
“The high cost of medications for individuals with chronic conditions can be a deterrent for filling and taking medications—we're hoping the introduction and acceleration of high-quality biosimilar alternatives, especially for new patients, will be an appropriate way to get lifesaving medications to high-risk patients in a more affordable way," said Helen Sherman, PharmD, chief transformation officer at Evio.
As part of the initiative, Evio has signed contracts with manufacturers of biosimilars that treat autoimmune diseases and different types of cancer under the medical benefit. The contracted deals will allow for biosimilars to be offered at significant savings.
Additionally, all 5 of the health plans that are invested in Evio, which serve over 20 million members across the United States collectively, have chosen to participate in the initial offering as customers. Evio said that it plans to expand the initiative to other health plans over time.
“When we established Evio, we set out to transform pharmacy….Our work is centered on making it easier for patients to access the medications and treatments they need while reducing costs and improving their medication experience,” said Hank Schlissberg, CEO of Evio, in a statement.
Reference
Boosting Health Care Sustainability: The Role of Biosimilars in Latin America
November 21st 2024Biosimilars could improve access to biologic treatments and health care sustainability in Latin America, but their adoption is hindered by misconceptions, regulatory gaps, and weak pharmacovigilance, requiring targeted education and stronger regulations.
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.
Breaking Down Biosimilar Barriers: Interchangeability
November 14th 2024Part 3 of this series for Global Biosimilars Week, penned by Dracey Poore, director of biosimilars at Cardinal Health, explores the critical topic of interchangeability, examining its role in shaping biosimilar adoption and the broader implications for accessibility.
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.
Challenges, Obstacles, and Future Directions for Anti-TNF Biosimilars in IBD
November 9th 2024A review article on tumor necrosis factor (TNF)-α inhibitors in inflammatory bowel disease (IBD) outlined current use of anti-TNF originators and biosimilars, their efficacy and safety, the benefits and challenges of biosimilars, and the future of biosimilars in IBD.
Skyrizi Overtakes Humira: “Product Hopping” Leaves Biosimilar Market in Limbo
November 7th 2024For the first time, Skyrizi (risankizumab-rzaa) has replaced Humira (reference adalimumab) as AbbVie’s sales driver, largely due to companies encouraging “product hopping” to avoid competition, creating concerns for the sustainability of the burgeoning adalimumab biosimilar market.