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Between 5-10% of all hospital admissions are medicines-related and around two-thirds of these are preventable. Promoting automatic substitution of, for example, biosimilars on formularies and registers could accelerate conversion to use of biosimilars, releasing significant financial savings. At around £20.9
Be it the release of new pharma drugs, or the cost of servicing a big account (doctor/hospital), understanding the cost relationship and drivers, and maintaining the optimum level of visibility, is the need of the hour. However generic companies are now foraying into ‘biosimilars which is a niche and expensive space.
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