Sheila Frame, the vice president of marketing, market access, and patient services at Sandoz, discusses US biosimilar policies in development and the impact they will have on the market at the World Biosimilar Congress 2020 at the Festival of Biologics USA in San Diego, California.
Sheila Frame is the vice president of marketing, market access, and patient services at Sandoz.
Transcript:
How do you think policy changes will affect the biosimilar market?
The great thing about the policy environment in the United States today is, finally, people are realizing that the current US system is not sustainable. Biosimilars offer such an obvious opportunity for immediate savingd that not only will help save the system, but also will improve access and certainly improve patient care. So, some of the policies that we're putting forward through the Biosimilars Forum relate to the experience that we've had in Europe and in Canada and in other countries, where you know that if you encourage incentives in the system, physicians and patients will adopt biosimilars much more quickly. We also know that most of the hospitals in the [Medicare] Part B space and in the medical benefits space really are trying to push quality and improve quality. So, quality star ratings in the United States, if these organizations adopt biosimilars quickly, should be given great credit. It's probably the one item that achieves complete bipartisan support in the United States. We've got 5 bills in front of Congress in the Senate right now that will definitely spur and encourage biosimilars. And finally, the balance and the opportunity that biosimilars create, to make space in the system for those important innovations that are coming through that are leading to cures in many of these areas. So, those are the policy areas that we're really advancing now, and I feel very confident and optimistic that we're going to see some movement in this regard this year.
HHS Praises Biosimilars Savings but Opportunities to Reduce Part B Spending Remain
November 28th 2023Although biosimilars have already generated savings for Medicare Part B programs and beneficiaries, opportunities for substantial reductions in spending remain, according to a report from the HHS.
Biosimilar Business Roundup for October 2023—Podcast Edition
November 5th 2023On this episode, we discuss the biggest news to come out of October 2023, including 3 regulatory approvals, 2 complete response letters, and new data and industry insights that have the potential to impact the entire US biosimilar industry.
Part 3: Study Questions Usefulness of Clinical Efficacy Trials for Oncology Biosimilars in Europe
November 16th 2023In part 3 of a 3-part series for Global Biosimilars Week, The Center for Biosimilars® reviews an analysis investigating whether clinical efficacy studies have an impact on prescribing decisions for oncology biosimilars across Europe.