The Center for Biosimilars® recaps the top news for the week of November 26, 2018.
Transcript:
Hi, I’m Samantha DiGrande for The Center for Biosimilars®, your resource for clinical, regulatory, business, and policy news in the rapidly changing world of biosimilars.
Here are the top 5 biosimilars articles for the week of November 26.
Number 5: Two new biosimilar pegfilgrastim products were authorized in the European Union this week, Ziextenzo and Pelmeg.
Number 4: The United Kingdom’s National Health Service announced that it completed negotiations this week over using the best-value adalimumab product. Under the new plan, it will save 300 million pounds of its current 400 million pounds per year spending on adalimumab.
Number 3: A newly proposed rule from CMS would allow plans to make broader use of prior authorization and step therapy for drugs— including drugs in protected classes­– that are covered under Medicare Part D.
Number 2: The European Commission, in conjunction with the Organization for Economic Co-operation and Development, released its annual Health at a Glance report which highlights the need for and value of generic and biosimilar products in Europe.
Number 1: The FDA approved Celltrion and Teva’s rituximab biosimilar this week, to be sold as Truxima.
Finally, last week, our e-newsletter asked if you agree that anti-biosimilar campaigns in the United States foster negative perceptions of biosimilars.
To view results of the poll, visit us on LinkedIn.
To read all of these articles and more, visit centerforbiosimilars.com.
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.
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.
Alvotech’s Stelara Biosimilar, Selarsdi, Receives FDA Approval
April 16th 2024Alvotech’s Selarsdi (ustekinumab-aekn), a biosimilar referencing Stelara (ustekinumab), gained FDA approval, making it the second ustekinumab biosimilar and second for the company to be given the green light for the American market.
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.
Global Biosimilar Market Projected to Reach $1.3 Trillion by 2032
April 11th 2024The global biosimilar market is projected to surge from $25.1 billion in 2022 to approximately $1.3 trillion by 2032, with a compound annual growth rate of 17.6%, driven mainly by the increasing prevalence of cancer and the cost-effectiveness of biosimilars, as outlined in a report by Towards Healthcare.