The Act4Biosimilars Action Plan seeks to increase biosimilar adoption by at least 30 percentage points in 30-plus countries by 2030.
A version of this article was originally published by The American Journal of Managed Care®. This version has been lightly edited.
A new roadmap from Sandoz aims to provide actionable steps to overcome key challenges and increase biosimilar adoption worldwide. The Act4Biosimilars Action Plan is part of the Act4Biosimiliars initiative, which has the goal of increasing biosimilar adoption by at least 30 percentage points in 30-plus countries by 2030.
After nearly 20 years, biosimilars have reached an adoption rate of only 14% in the countries tracked by Sandoz’ initiative, and biologic treatments still maintain 86% of market share.
“Biosimilars can be life-changing for patients and their families and can play a critical role in overcoming health inequalities seen across the world,” Laura Wingate, executive vice president, Education, Support & Advocacy at the Crohn’s & Colitis Foundation, said in a statement. “As a stakeholder-driven initiative, Act4Biosimilars aims to empower local stakeholders on the ground, who are passionate about increasing patient access to advanced medicines.”
To address the challenges, the plan features initiatives across 4 focus areas:
The Act4Biosimilars Action Plan seeks to increase biosimilar adoption by at least 30 percentage points in 30-plus countries by 2030.
The first report focuses on the Americas and includes Brazil, Canada, Chile, Colombia, Ecuador, Mexico, and the United States. Only Canada received a high favorability rating for biosimilars based on local policies, regulatory systems, and key stakeholders. The United States, Mexico, and Brazil rated medium, and Chile, Colombia, and Ecuador rated low favorability.
Among the key challenges highlighted were the varying levels of adoption across the region and significant challenges in the United States due to reimbursement policies and misalignment with incentives in the health care delivery system.
In the United States, the report notes that interchangeability guidelines, which create confusion and “propagate misperceptions about biosimilars,” should be revised. Meanwhile, Colombia and Ecuador allow biocopies, which are noncomparable biologics and create patient safety risks.
Education is also important for biosimilar adoption, and the report identified a need for a multistakeholder approach to education rather than education efforts led by a single stakeholder group, which is often the case in Brazil, Canada, and the United States.
The complications of the health care system in the United States also reduces access to biosimilars by disincentivizing their use. The use of rebates encourages people to favor high-cost medicines. In addition, a court ruled against the use of “skinny labels,” which are used by biosimilar manufacturers to bring biosimilars to market quicker by omitting indications still under patent.
“In 2020 alone, ‘skinny labels’ on biosimilars generated savings of $857 million and this act therefore puts in jeopardy access for patients to advanced medicines and the millions of dollars’ savings that could be generated from early biosimilar access,” according to the report.
In fourth quarter 2023, the focus will be on Europe, followed by the Middle East and Africa in quarter 1 2024, and Asia Pacific in quarter 2 2024.
Breaking Down Biosimilar Barriers: Payer and PBM Policies
November 13th 2024Part 2 of this series for Global Biosimilars Week dives into the complexities of payer and pharmacy benefit manager (PBM) policies, how they impact biosimilar accessibility, and how addressing these issues may look under a second Trump term.
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.
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.
Eye on Pharma: Henlius, Organon Updates; Meitheal Portfolio Expansion; Celltrion Zymfentra Data
November 5th 2024Henlius and Organon’s pertuzumab biosimilar met phase 3 goals; Meitheal expanded its US biosimilars; Celltrion’s subcutaneous infliximab (Zymfentra) showed monotherapy could be as effective as combination therapy for inflammatory bowel disease.