Mylan and Biocon announced this week that they have launched their biosimilar trastuzumab, Ogivri, in Australia. Ogivri, referencing Herceptin, is the first trastuzumab biosimilar to launch in the Australian marketplace and is listed on the nation’s Pharmaceutical Benefit Scheme.
Mylan and Biocon announced this week that they have launched their biosimilar trastuzumab, Ogivri, in Australia. Ogivri, referencing Herceptin, is the first trastuzumab biosimilar to launch in the Australian marketplace and is listed on the nation’s Pharmaceutical Benefit Scheme (PBS).
Sylvain Vigneault, Mylan’s Australia country manager, said in a statement announcing the launch, “As a global leader in the development of complex products, including biosimilar medicines, we’re pleased to launch our first biosimilar in Australia.” Vigneault added, “Biosimilars increase timely and affordable patient access to the latest treatments and help deliver a sustainable PBS. Mylan’s investment in biosimilars is an exciting evolution in how we can treat Australian patients. We are delighted that Ogivri enables Mylan, with our partner Biocon, to bring this treatment option to Australian patients with HER2-positive breast and gastric cancers.”
While the biosimilar is listed on the PBS and is therefore subsidized by the government, the product is not currently “a-flagged,” or substitutable at the pharmacy level. Australia’s “a-flag” system allows a biosimilar and a reference product to be substituted for one another by a pharmacist for indications that they share, although prescribers retain the right to prevent substitution. To date, only biosimilars that treat inflammatory diseases (2 infliximab biosimilars and an etanercept biosimilar) are “a-flagged.”
Also approved (but not yet launched) in Australia are biosimilar trastuzumab products developed by Celltrion (registered under the names Simbatra, Herzuma, and Hertuzu), Samsung Bioepis (registered under the name Ontruzant), and Amgen (registered under the name Kanjinti).
Ogivri is also approved in the United States, although it has yet to launch. To date, in the US context, only Amgen’s Kanjinti competes with the reference Herceptin.
AON Saves Over $243 Million With High Biosimilar Adoption
April 22nd 2024Thanks to high biosimilar adoption rates within the community oncology setting, American Oncology Network saved upwards of $243 million between 2020 and 2023, according to a presentation at the Festival of Biologics USA conference in San Diego, California.
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.
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.
Study: More Biosimilar Competition Is Not Lowering Patient OOP Costs
March 29th 2024Despite more biosimilars entering the market and generating significant savings for payers and health care systems, these savings are not resulting in lower out-of-pocket (OOP) costs for patients, according to a recent study.