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BIOSIMILAR MARKET THE LANDSCAPE OF THE A changing world for follow-on biologics Low hanging fruit Safety concerns Legislation Key Players and Partnerships PHYSICIAN NOTIFICATION WHAT ARE BIOSIMILARS? An infographic from Industry Standard Research | ISRReports.com SOURCES: Industry Standard Research (Biosimilar Primer Series) http://www.parexel.com/services-and-capabilities/consulting/biosimilars/ Nick, C (2012). "The US Biosimilars Act: Challenges Facing Regulatory Approval". Pharm Med 26 (3): 145–152. http://www.sandoz-biosimilars.com/sandoz_biosimilars/index.shtml http://www.somatropin.net/hgh-brands.htm http://seekingalpha.com/article/227373-hospira-receives-aus- tralian-approval-for-nivestim http://www.thepharmaletter.com/file/16503/sta- da-cleared-to-market-epo-zeta-in-eu.html http://www.drreddys.com/products/product-portfolio.html http://www.prnewswire.com/news-releases/hospira-celltrion-en- ter-business-cooperation-agreement-to-develop-and-market-biogeneric-drugs-63 765702.html www.openstates.org biosimilars (bīōˈsimələrs) noun – a term used to describe officially approved subsequent (or “generic”) versions of innovative biopharmaceutical products made by a different sponsor following patent and exclusivity expiry on the innovator product. 2009 2019 Between 2009 and 2019 21 blockbuster biopharmaceuticals, mainly in the areas of oncology and inflammatory diseases, will have lost patent protection. These 21 blockbuster drugs have a combined annual market value of over $50 Billion (US). Because the manufacturing process is more complex, biosimilars often come with safety concerns that are not common to generic pharmaceutical products. Physicians, Pharmacists and Payers have different opinions regarding the safety of biosimilars. ISR asked each group if biosimilars should require full-fledged clinical trials. In its “Draft Guidance” the FDA has stated that biosimilars must be “interchangeable”; however final guidance has not yet been provided. State legislatures have seen an influx of bills on biosimilars in the past two months, but the details vary. The pharmaceutical and biotech industry is forming alliances and partnerships for the development of biosimilar drugs. Here is just a portion of the web of alliances. Most bills require the pharmacist to notify the prescribing physician of a biosimilar switch, but the timelines for notification vary. $$$$$$$$$$ Physicians 55% Yes Pharmacists 26% Yes Payers 10% Yes 24 hours 3 days 5 days 10 days Bill in process, but no mention of physician notification timeline RECORD RETENTION Most bills require the pharmacy to retain a record of the biosimilar switch, but the length of time varies. 2 years 3 years 4 years 5 years 7 years 10 years Bill in process, but no mention of record retention timeline SANDOZ INTAS DR. REDDY TEVA EMCURE PAREXEL STADA JOHNSON & JOHNSON WATSON WOCKHARDT BIOCON ELI LILLY HANWHA BIOGEN IDEC GENEN- TECH UMN PHARMA CATALENT CELLITRON SAMSUNG QUINTILES MERCK HOSPIRA ROCHE CIPIA DESANO PHARMA AMGEN PFENEX RANBAXY [email protected] @ISRREPORTS ISRREPORTS.COM CRO/CMO GENERIC BIOPHARMA OTHER

The Landscape of the Biosimilar Market

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Page 1: The Landscape of the Biosimilar Market

BIOSIMILARMARKET

THE LANDSCAPE OF THE

A changing world for follow-on biologics

Low hanging fruit

Safety concerns

Legislation

Key Players and Partnerships

PHYSICIAN NOTIFICATION

WHAT ARE BIOSIMILARS?

An infographic from Industry Standard Research | ISRReports.com

SOURCES:Industry Standard Research (Biosimilar Primer Series)http://www.parexel.com/services-and-capabilities/consulting/biosimilars/Nick, C (2012). "The US Biosimilars Act: Challenges Facing Regulatory Approval". Pharm Med 26 (3): 145–152.http://www.sandoz-biosimilars.com/sandoz_biosimilars/index.shtmlhttp://www.somatropin.net/hgh-brands.htmhttp://seekingalpha.com/article/227373-hospira-receives-aus-tralian-approval-for-nivestimhttp://www.thepharmaletter.com/file/16503/sta-da-cleared-to-market-epo-zeta-in-eu.htmlhttp://www.drreddys.com/products/product-portfolio.htmlhttp://www.prnewswire.com/news-releases/hospira-celltrion-en-ter-business-cooperation-agreement-to-develop-and-market-biogeneric-drugs-63765702.htmlwww.openstates.org

biosimilars (bīōˈsimələrs) noun – a term used to describe

o�cially approved subsequent (or “generic”) versions of innovative

biopharmaceutical products made by a di�erent sponsor following

patent and exclusivity expiry on the innovator product.

2009

2019

Between 2009 and 2019 21 blockbuster biopharmaceuticals, mainly in the areas of oncology and inflammatory diseases, will have lost patent protection.

These 21 blockbuster drugs have a combined annual market value of over $50 Billion (US).

Because the manufacturing process is more complex, biosimilars often come with safety concerns that are not

common to generic pharmaceutical products. Physicians, Pharmacists and Payers have di�erent opinions regarding the

safety of biosimilars. ISR asked each group if biosimilars should require full-fledged clinical trials.

In its “Draft Guidance” the FDA has stated that biosimilars must

be “interchangeable”; however final guidance has not yet been

provided. State legislatures have seen an influx of bills on

biosimilars in the past two months, but the details vary.

The pharmaceutical and biotech industry is forming alliances and partnerships for the

development of biosimilar drugs. Here is just a portion of the web of alliances.

Most bills require the pharmacist to notify the prescribing physician of a biosimilar switch, but the

timelines for notification vary.

$$$$$$$$$$

Physicians55% Yes

Pharmacists26% Yes

Payers10% Yes

24 hours

3 days

5 days

10 days

Bill in process, but no mention of physician notification timeline

RECORD RETENTIONMost bills require the pharmacy to retain a record of the

biosimilar switch, but the length of time varies.

2 years

3 years

4 years

5 years

7 years

10 years

Bill in process, but no mention of record retention timeline

SANDOZ

INTAS

DR. REDDY

TEVA

EMCURE

PAREXEL

STADA

JOHNSON &JOHNSON

WATSON

WOCKHARDT

BIOCON

ELI LILLY

HANWHA

BIOGENIDEC

GENEN-TECH

UMN PHARMA

CATALENT

CELLITRON

SAMSUNG

QUINTILES

MERCK

HOSPIRA

ROCHE

CIPIA

DESANO PHARMA

AMGEN

PFENEX

RANBAXY

[email protected] @ISRREPORTS ISRREPORTS.COM

CRO/CMO GENERIC BIOPHARMA OTHER