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STAT+: As Humira biosimilars take over the market, CVS has created a new ploy: the drug ‘rebate credit’

STAT

One such case occurred last year, when a wave of Humira biosimilars entered the market and drug companies slashed the list prices of their insulin products. Continue to STAT+ to read the full story…

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January 2024 Newsletter

Safe Biologics

The CHMP recognizes that there may be the potential to waive certain clinical data requirements even for complex biosimilars such as mAbs based on solid evidence of quality comparability. Comments may be submitted here until April 30, 2024.

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Biocon Biologics receives FDA approval for biosimilar YESINTEK

Express Pharma

Biocon Biologics, a global biosimilars company and subsidiary of Biocon, has announced that the U.S. The biosimilar is a monoclonal antibody designed to treat Crohn’s disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis. YESINTEK is a biosimilar to Stelara (Ustekinumab), a reference product developed by Janssen.

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Celltrion leads biosimilars deals landscape in South Korea, finds GlobalData

Express Pharma

Key companies like Celltrion and Samsung Bioepis dominate the biosimilars market, contributing significantly to the approvals and pipelines. Celltrions strong presence in deal-making further underscores South Koreas growing influence in the global biosimilars landscape, reveals GlobalData.

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Reuters Pharma Europe 2024 – Peter Stenico

pharmaphorum

An insightful interview with Peter Stenico, global head of biosimilars and country president, Sandoz Austria at Reuters Pharma Europe, Barcelona 2024

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First European ustekinumab biosimilar to Stelara approved

European Pharmaceutical Review

The European Commission (EC) has granted a marketing authorisation for Uzpruvo ® (AVT04) in Europe, a biosimilar candidate to Stelara ® (ustekinumab). A new European biosimilar approval “This first marketing authorisation for biosimilar ustekinumab in Europe offers the potential to expand substantially patient access through competition.

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The Big Three PBMs’ 2024 Formulary Exclusions: Biosimilar Humira Battles, CVS Health’s Weird Strategy, and the Insulin Shakeup

Drug Channels

For 2024, the three largest pharmacy benefit managers (PBMs)—Caremark (CVS Health), Express Scripts (Cigna), and OptumRx (United Health Group)—have again each excluded 600 or more drugs from their standard formularies. This year, Humira and its 13 biosimilars will provide the most intriguing formulary drama. All rights reserved.