Policy updates around the world have garnered a lot of attention during March, and suggestions for practices could influence biosimilar adoption and acceptance.
Policy updates around the world have garnered a lot of attention during March, and suggestions for practices could influence biosimilar adoption and acceptance.
International Policy Updates
Canada had a big month as 2 jurisdictions, a province and a territory, announced that they will implement biosimilar switching policies. The jurisdictions join 8 others.
Newfoundland and Labrador was first, and its policy concerns patients currently or in need of treatment using Copaxone (glatiramer acetate), Enbrel (etanercept), Humalog (insulin lispro), Humira (adalimumab), Lantus (insuling glargine), Lovenox (enoxaparin sodium), NovoRapid (insulin aspart), Remicade (infliximab), and Rituxan (rituximab). Patients currently taking one of the aforementioned originators will have until March 31, 2023, to switch to a biosimilar or lose coverage.
The Yukon government announced its plan shortly after. Initally, the policy will only apply to adalimumab and insulin glargine biosimilars but will expand to include other products in the future. Patients on Humira (reference adalimumab) or Lantus (reference insulin glargine) will have 6 months to transition to a biosimilar, and treatment-naïve patients in need of therapy with either agent will automatically be prescribed a biosimilar.
In Belgium, researchers proposed new policy recommendations in a study to realign financial incentives and provide more information on biosimilars to medical professionals, especially on switching and using structured discussions between health care professional stakeholders.
Additionally, study authors in China made recommendations on how to improve the country’s biosimilar regulatory system and refine biosimilar guidelines. Some of the recommendations addressed label managing, nomenclature policies, and defining interchangeability.
Ivo Abraham, PhD, chief scientist of Matrix45 and a professor at the University of Arizona, examined recent guidelines from the World Health Organization (WHO) and how they view interchangeability and animal study requirements. The article was the second part of a 2-part series on the new recommendations.
New US Legislation and Suggestions for Practices
A new bill (the Increasing Access to Biosimilars Act of 2023; HR 1352) seeking to establish a demonstration project that would establish a shared savings model for biosimilars under Medicare was introduced to Congress. The bill was written by Representative Richard Hudson, R-North Carolina, and was referred to the Committee on Energy and Commerce and the Committee on Ways and Means.
At the Festival of Biologics, 2 presentations focused on possible policies that practices can implement to boost biosimilar adoption. One focused on the current published evidence regarding biosimilar-to-biosimilar switching. Although there isn’t much published work, there is a lot of real-world evidence establishing the safety of this type of medication switching from US Veteran Affairs and European countries with tender systems.
During the other presentation, Julie Reed, executive director of the Biosimilars Forum, warned that without nationwide policy changes to remove barriers to biosimilar adoption, such as pharmacy benefit manager interference and patent thickets, manufacturers may not want to continue investing in biosimilar development.
Julie Reed: Why 2024 Is Important for Biosimilars
April 17th 2024Julie Reed, executive director of the Biosimilars Forum, showcases how the biosimilar industry is expected to develop throughout 2024, including major policy changes and hope for continued improvement in market share for adalimumab biosimilars.
A New Chapter: How 2023 Will Shape the US Biosimilar Space for 2024 and Beyond
December 31st 2023On this episode of Not So Different, Cencora's Brian Biehn and Corey Ford take a look back at major policy and regulatory advancements in 2023 and how these changes will alter the space going forward.
BioRationality: Removing the Misconceptions Surrounding Interchangeability
April 15th 2024Sarfaraz K. Niazi, PhD, outlines the current state of interchangeable biosimilars in the US and policy changes needed to clear up misconceptions surrounding the meaning behind interchangeability designations.
What AmerisourceBergen's Report Reveals About Payers, Biosimilar Pricing Trends
May 28th 2023On this episode of Not So Different, Tasmina Hydery and Brian Biehn from AmerisourceBergen discussed results from a recent survey, that were also presented at Asembia 2023, diving into the payer perspective on biosimilars and current pricing trends across the US biosimilar industry.
Rising Biosimilar Adoption for an Italian Payer Will Benefit National Health Care System, Patients
April 9th 2024Data from 2021 and 2022 indicates increasing biosimilar use in an Italian health care company, with potential for full adoption in the future, benefiting both the National Health System and citizens through efficient and sustainable health care policies.
Review Highlights Most Popular European Policies to Boost Biosimilar Uptake
April 3rd 2024Although tender systems are a common strategy to encourage biosimilar utilization across Europe, policies like automatic substitution are rarely utilized, according to a systematic review of European policies and biosimilar uptake.