Showing posts with label Biosimilars event. Show all posts
Showing posts with label Biosimilars event. Show all posts

Thursday, July 24, 2014

Biosimilars: The (Brand) Name Game

What’s in a name?  A lot if you’re talking about biosimilars.  The FDA recently received a letter from a 32 member coalition consisting of major pharmacies, health insurers and unions asking that they not require biosimilars to be given different names than biologics.  The group claimed that with distinct names for biologics and biosimilars, there’s an increased risk for medication errors as well the potential to slow the adoption of cost-saving drugs. 

The letter states, “Requiring different INNs (International Nonproprietary Names) for biologics and biosimilars could lead to patient and prescriber confusion, increasing the possibility of medication errors, and would also effectively separate the biosimilar from existing safety information about the underlying molecule.”

This request comes less than a year after the US Senate made a similar request to the FDA.  The letter from the senate states that “There is already a precedent for shared names (e.g., erythropoietins, somatropin, interferon), which has not resulted in any known issues.”  The more recent letter reiterated that argument and while also pointing to the fact that shared INNs have been successfully applied in the EU, Canada, Australia and Japan. 

There is also a concern that unique names could confuse both patients and prescribers and potentially hinder the adoption of these biosimilars and the cost savings associated with them.  The letter states there is anywhere between $42 billion and $108 billion in savings at stake over the first ten years of the biosimilar market. 

One group not on board with utilizing the same INNs?  Brand name drug manufacturers.  A distinct marketing advantage lies within these names and drug manufacturers are not willing to share them.  They claim that having unique names would make it easier to track adverse events in patient records—A claim refuted by generic drug makers who say these events can be identified through national drug codes.

While they’ve yet to institute a naming policy, indications are they may be waiting for a cue from the World Health Organization.  The INN System is overseen by the WHO, however its recommendations are not mandatory.

We’ll have more on latest in the biosimilars industry at the Business of Biosimilars  conference. Join us October 20-22 in Boston, MA. Download the agenda here to see what’s on tap.

SAVE $100Register here and use code XP1986BLOG.

Follow us on Twitter: @FutureOfBiopharma & @Biosimilars
Join us on LinkedIn


Share this article with your social network, just click below to share now!


Friday, July 19, 2013

Podcast: US Biosimilars Regulation – What now for substitution / interchangeability?

We're pleased to announce a new content partnership with Datamonitor Healthcare. Each week they’ll be sharing their latest research and insights into the Biosimilars field! 
It's no surprise that Biosimilar manufacturers don’t want to take a risk. There are many potential barriers with the new legislation that aims to switch prescriptions from original Biologics to comparable Biosimilars. One possible disruption? Requiring the Pharmacist to notify the Physician within 24 hours of dispensing the product. So how do you get companies on board?

Tune in to the podcast below and listen to experts, John Hodgson - Managing Editor, SCRIP Intelligence and Rory Bligh - Analyst (Companies), Datamonitor Healthcare as they cover key issues regarding the new legislation and the future of Biosimilars.

Key topics include:

• What does this legislation mean for the future of the biosimilars market?
• How will it shape upcoming legislation and regulatory changes?
• What can we learn from similar legislation that has implemented across Europe

Want to learn more about Biosimilars? Join us for the 14th Annual Business of Biosimilars event, October 15-17 in Boston, MA. Visit our website to opt in for all updates regarding Biosimilars. We look forward to seeing you this fall!



Share this article with your social network, just click below to share now!


Thursday, May 31, 2012

Business of Biosimilars & Generic Drugs Session Spotlight: Reimbursement Strategies for Generics & Biosimilars Around the World

Reimbursement is one of the cornerstone aspects of successful market penetration for a follow-on product. Drug and biologic sponsors must be fully aware of who the major payors are, their priorities and criteria. While the biosimilar product class is still new in North America, there is a tremendous amount that they can learn from the successful establishment of reimbursement guarantees enjoyed by small-molecule generics. What business relationships must you set up with healthplans, pharmacies, PBMs, employers, and other major players in this space to guarantee good ROI?

At the Business of Biosimilars and Generic  Drugs taking place September 10-12, 2012 in Boston, MA, Steven Goldberg, Chief of Medical Affairs, Express Scripts and Michael Castagna, Executive Director of Immunoscience, Bristol-Myers Squibb will be presenting "Reimbursement Strategies for Generics & Biosimilars Around the World," examining this topic.  For more on this year's event, download the brochure. If you'd  like to join us in Boston, register and mention code XP1786BLOG to save 25% off the standard rate.

Speaker Michael Castagna,
BRISTOL-MYERS SQUIBB
 
Featured Session: Reimbursement Strategies for Generics & Biosimilars Around the World

Featured Speakers: Steven Goldberg, Chief of Medical Affairs, EXPRESS SCRIPTS
Michael Castagna, Executive Director of Immunoscience, BRISTOL-MYERS SQUIBB

About the session:
Global rollouts of new biopharma products require an in-depth understanding of the reimbursement mechanisms in every market. In parts of Latin America drugs are purely paid by the consumers, which will narrow your potential audience pool and require a more focused marketing theme. Reimbursement in China is handled by the government—but fi rst you must clear the extensive obstacles for the authorization of sale of new biosimilars or supergenerics. Meanwhile, in the U.S. your commercialization efforts will succeed or fail depending on your interactions and relationships with payers at the federal, state, and local level—an “alphabet soup” of potential partners, all of whom you must be able to work with.
  • • Improve uptake and reimbursement through collaborations with hospitals, healthplans, and pharmacies
  • • Focus on the priorities and informational needs of pharmacies and PBMs to boost the likelihood of reimbursement
  • • What does the Avastin decision mean for the biologics and biosimilars approval mechanism and reimbursement?


Share this article with your social network, just click below to share now!


Tuesday, May 29, 2012

Don't miss the most diverse array of global case studies for the marketing of biosimilars!

Your business depends on your ability to construct a firm pathway to market-access for follow-on biopharmaceuticals - and every hour counts. With that in mind we are pleased to invite you to attend the 13th annual Business of Biosimilars and Generic Drugs – the only conference in the United States devoted entirely to giving you the tools you need for successful commercialization of biosimilars!

Our expert faculty will provide you with senior executive-level expert insight on all of your critical success factors, including regulatory approval, IP challenges, and planning and coordinating an international product rollout strategy attuned to the needs of each market.

Featured Speakers include:
  • - G. Steven Burrill, CEO, Burrill & Company presenting “Think Different - Navigating the Brave New Globalized Life Science Industry”
  • - Alex Kudrin, Medical Director, Takeda Pharmaceuticals presenting “Access the Emerging BRIC Markets for Biosimilars”
  • - Bassil Dahiyat, CEO, Xencor presenting “Learn How to Design Profitable Strategic Partnerships for Follow-On Biopharmaceutical Development”
For more information on these case studies and the rest of the event, download the brochure here. 

The 13th Annual Business of Biosimilars and Generic Drugs will take place September 10-12, 2012 in Boston, MA. As a member of the Business of Biosimilars LinkedIn Group, you receive an exclusive discount of 25% off of the standard price when you register to join us. Simply use priority code XP1786LINK. Have any questions about the event? Feel free to contact Jennifer Pereira.


Share this article with your social network, just click below to share now!


Friday, May 25, 2012

FDA Votes to Broaden User Fee System

Yesterday, the Senate voted to support a new bill  that increases the fees Pharma pays to see their products through the review process.  Over the next four years, they are expected to pay $4 billion, which is an increase of 6%.  Biosimilars have a rate of $128 million locked in through 2017 and generic drug companies will pay $1.5 billion.  Also included in the legislation is a requirement for drug companies to share problems in the drug supply, as this helps the overall rate of drug shortages drop.  The FDA will also increase it's inspections in international drug manufacturing sites and drop investigations of US manufactures to inspections once every two years.  For more on this story, visit First World Pharma.

This September at the Business of Biosimilars and Generic Drugs Summit in Boston, we'll have the latest updates of the FDA's biosimilars guidelines.  For more information on the event, download the brochure.  As a reader of this blog, if you'd like to join us, register today and mention code XP1786BLOG and save 25% off the standard rate!

How do you think this new bill will help the generics industry?


Share this article with your social network, just click below to share now!


Monday, May 21, 2012

Get the most detailed up-to-date strategies for moving your products into pharmerging markets!

Suzanne Munck, FTC
At past IIR “Generic Drug Summits”, our expert speaking faculty has always provided the most valuable event of the year in terms of sharing crucial and exclusive knowledge about the compliance and commercialization hurdles that you faced on a day-to-day basis. Now more than ever, the insight that we offer in our 13th annual Business of Biosimilars and Generic Drugs conference can help your company stay on top of the latest regulatory developments while capitalizing on new and untapped markets.

Our unequaled speaking faculty this year will provide you with the market-specific case studies and commercialization tactics that you need in order to expand your product portfolio and capitalize on growing global demand! Featured speakers include:

  • - Andrew Shaw, Senior Director, PKDM, Mylan presenting “Establish R&D Methods and Timetables that will Streamline your Expansion into New Markets”
  • - Abdullah Baaj, CEO, Boston Oncology presenting “Getting Global Manufacturing Processes Prepared for Product Rollouts”
  • - Suzanne Munck, Chief Counsel for Intellectual Property, FTC presenting "Turn Antitrust Laws to Your Advantage in the Generics and Biosimilars Marketplace"

For more about these presentations and the rest of the program, download the brochure here.

The 13th Annual Business of Biosimilars and Generic Drugs will take place September 10-12, 2012 in Boston, MA. As a reader of this blog, you receive an exclusive discount of 25% off of the standard price when you register to join us. Simply use priority code XP1786LINK. Have any questions about the event? Feel free to contact Jennifer Pereira.


Share this article with your social network, just click below to share now!


Wednesday, May 16, 2012

Current State of Biosimilars in the United States

The FDA has had the regulations to approve biosimilars in place for two years.  Yet, as Pharmalot points out, it is yet to receive an application for approval. Gillian Woollett, a vice president at Avalere Health, a healthcare consulting firm, took some time to share her views on the current state of biosimilars.  She points out that there are 149 biologics approved for use in the United States and over 900 are in clinical development.  Those who take the biologics on a daily basis pay about $22 a day.  The market is expected to reach $150 billion by 2016.  It costs $250 million to develop a biosimialr.  So does this open the door for biologics in the US?

In Europe, there are already 14 biosimilars approved and on the market, many out sell their originator biologics.  However, Woollett is quick to point out that in the EU, the EMA doesn't give complete interchangeability to biologics and biosimilars.  The United States FDA does have this ability.  But at the end of the article, Woollet points out that the approval is ultimately about the patient, and many things will be determined by how much the biosimilars will cost who will be paying for it.

At the Business of Biosimilars & Generic Drugs this September, Hoss Dowlat, Vice President, Regulatory Affairs, PHARMA-BIO CONSULTING will be on hand to present "Experiences from Developing Biosimilars for EMA: Unique Perspectives from Growth Hormones to Monoclonal Antibodies,"looking at how the US and European markets may differ and how to coordinate a roll out between the two markets.  To find out more about this session and the program, download the brochure here. If you'd like to join us this September 10-12 in Boston, register today and mention code XP1786BLOG to save 25% off the standard rate.

Do you believe we'll see a biosimilars presented for approval in the US in the next year? Why or why not?


Share this article with your social network, just click below to share now!


Tuesday, April 17, 2012

13th Annual Business of Biosimilars and Generic Drugs agenda now available

After years of waiting, in which your business came ever closer to the “patent cliff,” the FDA has released its long-awaited user fee structure and draft guidelines for the development and regulatory approval of biosimilars in the United States.

The 13th Annual Business of Biosimilars and Generic Drugs event is designed to help you focus on the most significant new points in these guidelines and further accelerate what indeed promises to be a significantly abbreviated path to approval for your follow-on biologics.  It will take place September 10-12, 2012 in Boston, MA.

No other event focuses so sharply on eliminating the obstacles you face in the commercialization of your next biosimilar candidate. This year we are particularly proud to feature time-sensitive updates on the biggest news now facing the industry!

What is featured in this year’s Business of Biosimilars and Generic Drugs event?
  • - FDA Regulatory Updates
  • - Strategic Partnerships
  • - Learning the right market lessons from generic drugs

Download the complete 2012 program here.




Share this article with your social network, just click below to share now!


Wednesday, May 18, 2011

The 3rd Annual Business of Biosimilars & Biobetters final agenda is now available for download!

Business of Biosimilars and Biobetters is the three day event has expanded to order to better address the needs of our audience and reflect the changes in the biopharmaceutical industry, including global biosimilar and biobetter commercialization opportunities with in-depth analysis of scientific and business development considerations.

The agenda is now available for download here.

New for 2011, this event allows you to focus on what matters most:

  • • Identify strategies and tools to prepare you for what you need to ensure profitability for your biosimilars and biobetters through two customized tracks focused on development and commercialization
  • • Collaborate with your peers and discuss current hot topics and industry trends through specialized roundtable discussions
  • • Overcome scientific challenges and streamline biosimilar development using lessons learned from the expanded full day scientific symposium
  • • Gain insight into biosimilar and biobetter opportunities around the world with regional spotlights on Asia, the EU and the US
  • • Network with 200+ leading experts, 600+ participants and 50+ exhibitors across the clinical development continuum in the brand new Clinical Business Expo exhibit hall
As a member of the reader of the Future of Biopharma blog, if you register before May 31st using code XP1686BLOG, you'll receive $600 off the standard rate!


Share this article with your social network, just click below to share now!