The level of biosimilar market sustainability differs between countries, largely due to variances in biosimilar policies and years of experience managing a biosimilar market.
This article originally appeared on The Center for Biosimilars®.
Although many countries have sustainable biosimilar policies to some degree, policies regarding biosimilar education and understanding need to be improved to ensure the market is sustainable long-term, according to an international study published in Frontiers in Pharmacology.
The study aimed to gain understanding about how policies can influence market success across the world and offer possible solutions to support biosimilar sustainability.
“This study proposes a set of elements that should underpin sustainable biosimilar policy development over time in a country,” wrote the authors. "At first, biosimilar policies should guarantee the safety and quality of biosimilars, healthy levels of supply and a level of cost savings. As a country gains experience with biosimilars, policies need to optimise uptake and combat any misconceptions about biosimilars."
Policies from 17 countries were assessed. The list included 3 countries from North America (Canada, Mexico, and the United States), 1 from South America (Brazil), 2 from the Asia-Pacific region (Australia and Japan), 9 from Europe (Belgium, France, Germany, Italy, the Netherlands, Norway, Spain, Switzerland, and the United Kingdom), and 2 Gulf Cooperation Council nations (Saudi Arabia and United Arab Emirates). The broad selection was to ensure that countries with different policy archetypes and different levels of economic development were represented.
Country-specific literature reviews were conducted to identify peer-reviewed articles, official government sources, and other forms of media on biosimilar policies and the results were validated by 23 international and local non-industry experts, and 2 advisory board meetings with the experts.
A framework was developed to assess policy sustainability and utilized a rating system using 5 answer categories:
The main finding was that European countries typically had higher sustainability scores than other countries. This was unsurprising because European countries tend to have more experience with biosimilars and more developed policy frameworks. For example, the European Union and the United Kingdom have about 10 years more experience with biosimilars compared with the United States.
Policies that were considered sustainable included:
However, the authors noted that improvements to policies regarding biosimilar contracting approaches as well as education and understand of biosimilars can be made in all study countries.
One of the issues that arose concerned the perception of a policy’s sustainability. The authors found that some policy areas—like those regarding contracting, prescribing, dispensing, and monitoring—were rated as “sustainable for all stakeholders” in some countries but not in others (Chart).
The authors had 4 main takeaways from the results on how countries should implement biosimilar policies:
Reference
Alnaqbi KA, Bellanger A, Brill A, et al. An international comparative analysis and roadmap to sustainable biosimilar markets. Front Pharmacol. Published online August 24, 2023. doi:10.3389/fphar.2023.1188368
Bridging the Vaccination Gap: Insights on Global Immunization Challenges
July 30th 2024On this episode of Managed Care Cast, we speak with Jeffery A. Goad, PharmD, MPH, 2024-2025 president of the National Foundation for Infectious Diseases, on the recent report from the World Health Organization and UNICEF on public immunization rates, with national and global health implications.
Listen
Double Trouble: High-Deductible Plans Raise Maternity Care Costs Across 2 Calendar Years
June 27th 2024On this episode of Managed Care Cast, we're talking with the author of a study published in the June 2024 issue of The American Journal of Managed Care® about how annual high-deductible insurance plans increase maternity care costs when pregnancies cross 2 calendar years.
Listen
Exploring the Complexities of Biosimilars and Interchangeability
October 30th 2024A panel of industry experts discussed the complexities of biosimilars and interchangeability, emphasizing the challenges in adoption, the need for regulatory and legislative solutions, and the importance of education to combat misinformation.
Read More