Pegaspargase (marketed as Oncaspar), a biologic drug approved by the FDA in 2006 for acute lymphoblastic leukemia (ALL) as a component of multi-agent chemotherapy, has long gone unchallenged by biosimilar candidates. That could soon change, according to information recently reported by the Generics and Biosimilars Initiative (GaBI).
Pegaspargase (marketed as Oncaspar), a biologic drug approved by the FDA in 2006 for acute lymphoblastic leukemia (ALL) as a component of multi-agent chemotherapy, has long gone unchallenged by biosimilar candidates. That could soon change, according to information recently reported by the Generics and Biosimilars Initiative (GaBI).
The drug, according to GaBI, has historic annual sales of approximately $1 billion. As its patents were licensed to Sigma Tau in 1994 (later acquired by Baxalta, then subsequently acquired by Shire), the industry estimates that the drug would have lost its US patent protection in 2006.
Despite pegaspargase’s potential for high returns, biosimilar manufacturers focused on products like adalimumab, infliximab, and trastuzumab have not historically challenged the high-earning drug. Yet several biosimilar manufactures may be ready to take on the high costs and complex development challenges of developing products referenced on this treatment:
Given the fact that each of these biosimilar manufactures is in early stages of development with candidates referencing Oncaspar, Shire will no doubt see continued strong earnings from this therapy as biopharmaceutical developers race to bring its first biosimilar to market.
Biosimilar Policy Roundup—September 2024
October 1st 2024In September 2024, the FDA approved a new biosimilar for treating retinal conditions, marking a significant development in the biosimilars landscape, coinciding with ongoing legal disputes in the industry and highlighting broader trends in market dynamics and regulatory challenges.
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.
Patient-Reported Outcomes Similar Between Adalimumab-adbm, Reference Product in VOLTAIRE-RA Study
September 28th 2024A summary of research written by Vibeke Strand, MD, clinical professor in division of immunology/rheumatology at Stanford University School of Medicine, gave an overview of patient-reported outcomes (PROs) in the VOLTAIRE-RA trial.