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Opinion: PBMs aren’t opening access to lower-cost biosimilars. Reform is needed now

STAT

The Federal Trade Commission presents on Thursday  its interim staff report , “Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies.” ” It reveals how pharmacy benefit managers intentionally force people onto high-cost, high-rebate drugs. Read the rest…

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Analyzing biosimilar market dynamics in different patient populations

Drug Patent Watch

Biosimilars have emerged as a game-changing force, promising to revolutionize patient access to life-saving biologics while simultaneously reducing healthcare costs. ”[1] The global biosimilars market is experiencing exponential growth, with projections indicating it will reach $69.4 billion by 2025, growing at a CAGR of 34.2%

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Biocon Biologics announces positive results from Phase 3 Study of Yesintek biosimilar to Ustekinumab for chronic plaque psoriasis

Express Pharma

Biocon Biologics announced the successful results of a pivotal Phase 3, randomised, double-blind, parallel group, multicenter study comparing Yesintek (Biocon Biologics biosimilar to Ustekinumab, called YESINTEK) with reference product Stelara (Ustekinumab) in adult patients with moderate to severe chronic plaque psoriasis (PsO).

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Dr. McKibbin Presents Poster Session at DIA Global Annual Meeting 2023

Safe Biologics

On June 26th, ASBM Chairman Ralph McKibbin presented a poster at the DIA Global Annual Meeting in Boston, MA. The surveys examined physician attitudes toward biosimilar substitution practices, pharmacovigilance and nomenclature standards, and different biosimilar access scenarios. View the poster here.

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Dr. McKibbin Presents Poster Session at DIA Global Annual Meeting 2023

Safe Biologics

On June 26th, ASBM Chairman Ralph McKibbin presented a poster at the DIA Global Annual Meeting in Boston, MA. The surveys examined physician attitudes toward biosimilar substitution practices, pharmacovigilance and nomenclature standards, and different biosimilar access scenarios. View the poster here.

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GaBI Publishes Report on ASBM Webinar on Biosimilar Success Factors

Safe Biologics

The Generics and Biosimilars Initiative (GaBI) has published a report on the first of two webinars the organization recently co-hosted with ASBM. The next topic will be “Ophthalmic Biosimilars” in November 2022. Watch video of the Non-Medical Switching webinar here. These webinars are the first two in a series.

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STAT+: Regeneron’s Eylea sales dip, as competition looms

STAT

The figures, released ahead of Regeneron’s JPM presentation on Monday, were substantially below analyst projections. SAN FRANCISCO — Regeneron said Monday that it collected $1.5