Saskatchewan joined 5 provinces and 1 territory in implementing a biosimilar switching policy, allowing for reference products to be switched out for biosimilars and lowering drug costs for the province’s public health plan.
The Saskatchewan Ministry of Health announced that it will implement a biosimilars switching policy, making it the sixth Canadian province and seventh jurisdiction to do so. Saskatchewan joins British Columbia (BC), Quebec, Alberta, New Brunswick, Nova Scotia, and the Northwest Territories.
“This initiative will ensure access to high-quality, essential medications for Saskatchewan residents remains sustainable into the future…. The savings will be reinvested into the Saskatchewan Drug Plan to support patient access to public drug coverage and new drug benefits,” Paul Merriman, health minister of Saskatchewan, commented.
John Esdaile, MD, scientific director of Arthritis Research Canada applauded BC’s program and its transition plan, saying that it could ease Saskatchewan citizens who may be worried about their prescriptions changing.
“Having successfully gone through the transition process with patients in BC starting in 2019, patients and providers should feel confident about the transitioning to biosimilars in Saskatchewan,” he said.
In BC, eligible patients were alerted in advance that their prescriptions would be changed to a biosimilar. The program was rolled out in multiple phases, which each progression adding more originators to the list of biologics that would no longer be covered by the province’s public health plan.
Biosimilars Canada, a national association representing the biosimilar industry in Canada, released a statement on the measure, saying that it hopes that the remaining provinces and territories (Ontario, Manitoba, Newfoundland and Labrador, Prince Edward Island, Yukon, and Nunavut) will follow in Saskatchewan’s footsteps to implement similar policies.
According to the organization, about 24,000 patients in Saskatchewan who are being treated with an originator biologic are expected to transition to a biosimilar version over the next 6 months.
Although biologic drugs have been revolutionary in the fight to treat several chronic conditions and cancers, originator biologics can cost between $10,000 and $25,000 or more annually per patient, which can place a large financial strain on drug budgets. The Ministry of Health estimated that Saskatchewan could save $20 million once the transition period is complete.
“Biosimilars Canada congratulates Health Minister Paul Merriman and the government of Saskatchewan for implementing a biosimilar switching policy and reinvesting the savings to support patient access to public drug coverage and new drug benefits…. Expanding the use of biosimilars through a switching policy is an important way to ensure the sustainability of drug plans and make the most effective use of taxpayer dollars,” said Jim Keon, president of Biosimilars Canada.
The statement comes shortly after the advocacy group held a press conference calling on Doug Ford, the premier of Ontario, to put a biosimilar switching initiative in place in the province.
Patients who are covered by the Saskatchewan Drug Plan and use certain biologic drugs to treat conditions including arthritis, diabetes, inflammatory bowel disease, and psoriasis will have to switch to a biosimilar version of their medicine by April 30, 2023. Canada currently has 49 approved biosimilars.
13 Strategies to Avoid the Nocebo Effect During Biosimilar Switching
December 18th 2024A systematic review identified 13 strategies, including patient and provider education, empathetic communication, and shared decision-making, to mitigate the nocebo effect in biosimilar switching, emphasizing the need for a multifaceted approach to improve patient perceptions and therapeutic outcomes.
Biosimilars Policy Roundup for September 2024—Podcast Edition
October 6th 2024On this episode of Not So Different, we discuss the FDA's approval of a new biosimilar for treating retinal conditions, which took place in September 2024 alongside other major industry developments, including ongoing legal disputes and broader trends in market dynamics and regulatory challenges.
BioRationality: Withdrawal of Proposed Terminal Disclaimer Rule Spells Major Setback for Biosimilars
December 10th 2024The United States Patent and Trademark Office (USPTO)’s withdrawal of its proposed terminal disclaimer rule is seen as a setback for biosimilar developers, as it preserves patent prosecution practices that favor originator companies and increases costs for biosimilar competition, according to Sarfaraz K. Niazi, PhD.
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.
Perceptions of Biosimilar Switching Among Veterans With IBD
December 2nd 2024Veterans with inflammatory bowel disease (IBD) prioritize shared decision-making, transparency, and individualized care in biosimilar switching, favoring delayed switching for severe cases and greater patient control.