Julie M. Reed, the new executive director of the Biosimilars Forum, talks about her experiences working with some of the biggest names in the biosimilars space and what she's taking with her into her new role.
Julie M. Reed, the new executive director of the Biosimilars Forum, talks about her experiences working with some of the biggest names in the biosimilars space and what she's taking with her into her new role.
Transcript:
How has your work with Pfizer, Hospira, and Coherus Biosciences shaped your approach to biosimilars during your time at the Forum?
Reed: I'm probably one of the luckiest people in the world to have worked for those companies and to see the evolution. First of all with Hospira, to be a spearhead in creating and driving with our other members to see that the biosimilars pathway is here, not just in the US but in other regions around the world. So, that has been incredible. And to work on the regulations when I was with Hospira--the regulations we see today were not even written. So, from being part of that conversation and helping to develop the foundation of this marketplace has been incredible.
Coherus Biosciences, that was a great experience in that Coherus, with Udenyca [bevacizumab biosimilar], the scientists at Coherus and the team, to having a small startup mentality, the proactiveness [of the compnay], and Dennis M. Lanfear, the CEO of Coherus and one of my favorite people, and in their physicians are incredible. To have the Udenyca biosimilar launch and for them to lead the science of the analytics on that biosimilar and to evolve that so that biosimilars can be developed without clinical trials is massive. They are so innovative and so scientifically grounded and everything. It was great.
And then, to come to Pfizer, they're leaders in biosimilars they understand and believe that market competition is the way to lower costs and biosimilars are awaiting to have lower costs, have free market competition, have greater access. At the same time, they balance their innovative portfolio and they're focused on patients. And so, Pfizer is an incredible company. So, I think I'm pretty lucky to be where I've been and have what I've learned from all these great companies and just be in this space. It's true. I just feel that way.
Eye on Pharma: Keytruda Biosimilar Deal; German Court Bans Imraldi; New Biosimilars for Japan
June 17th 2025Alvotech and Dr. Reddy's partner to develop a Keytruda biosimilar, a German court bans Humira biosimilar over patent dispute, and Samsung Bioepis enters a strategic agreement with NIPRO Corporation in Japan.
Escaping the Void: All Things Biosimilars With Craig & G
May 4th 2025To close out the Festival of Biologics, Craig Burton and Giuseppe Randazzo from the Association for Accessible Medicines and the Biosimilars Council tackle the current biosimilar landscape and how the industry can emerge from the "biosimilar void."
How AI Can Help Address Cost-Related Nonadherence to Biologic, Biosimilar Treatment
March 9th 2025Despite saving billions, biosimilars still account for only a small share of the biologics market—what's standing in the way of broader adoption and how can artificial intelligence (AI) help change that?
Eye on Pharma: Interchangeability Labels and Expanded Biosimilar Partnerships
May 29th 2025The FDA designates 2 biosimilars as interchangeable, enhancing access to treatments for inflammatory diseases and multiple sclerosis, while 2 other companies expand their biosimilar partnership to include more products.
The Trump Administration’s Drug Price Actions and Why US Prices Are Already Sky-High
May 17th 2025While the Trump administration’s latest executive order touts sweeping drug price cuts through international benchmarking, the broader pharmaceutical pricing crisis in the US reveals a far more complex web of development costs, profit incentives, and absent price controls—raising the question of whether any single policy, including potential drug tariffs, can truly untangle it.