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STAT+: Boehringer Ingelheim layoffs are a sign of dysfunctional Humira biosimilar market

STAT

WASHINGTON —  Boehringer Ingelheim is laying off or relocating its sales staff for its Humira biosimilar Cyltezo in a sign of how difficult it’s been to get drug middlemen to adopt less-expensive versions of the blockbuster, the company confirmed. List prices of Humira biosimilars are as much as 85% lower. 

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STAT+: Thanks to CVS, a biosimilar version of AbbVie’s Humira is grabbing huge market share

STAT

The number of new prescriptions written for biosimilar versions of the Humira rheumatoid arthritis treatment, one of the best-selling medicines in the U.S., However, Hyrimoz is jointly marketed with Cordavis, a new subsidiary that CVS created last August specifically to sell any number of biosimilar medicines in the U.S.

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Opinion: STAT+: A year in, the U.S. is still not taking advantage of lower-cost biosimilars for Humira

STAT

It’s been one year since the launch of the first adalimumab biosimilar for Humira in the United States, which was  followed by  eight additional adalimumab biosimilar launches. Biosimilars  are safe and effective treatments referencing biologic drugs. They If they fail to act, the U.S.

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STAT+: Biosimilars haven’t always yielded lower out-of-pocket costs for patients, study finds

STAT

Two years after biosimilars became available in the U.S., In addition, patients who used biosimilars often did not pay lower out-of-pocket costs than those who were given brand-name biologic medicines. “The whole purpose of biosimilars was to introduce competition into the marketplace and lead the [U.S.]

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Opinion: STAT+: The problem with potential changes to the biosimilar regulatory framework

STAT

Biosimilars are no longer a new and untested class of medicines. Since the Biologics Price Competition and Innovation Act of 2009 created a regulatory pathway for biosimilar medicine review in the U.S.,    37 biosimilars  have come to market offering the potential to increase patient choice and cost savings.

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STAT+: Coherus works with Mark Cuban to sell biosimilar Humira at steep discounts

STAT

In a bold move, Coherus BioSciences plans to sell a biosimilar version of Humira — one of the world’s best-selling medicines — at a steep discount, and will work with Mark Cuban’s generic drug company to make the medicine available directly to consumers for even less.

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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.