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The role of biosimilars in reducing out-of-pocket costs for patients

Drug Patent Watch

Breaking Down Barriers to Affordable Healthcare: The Power of Biosimilars As we navigate the complex landscape of modern healthcare, one thing is clear: the cost of prescription medications is a significant burden for many patients. So, how do biosimilars work? But the benefits of biosimilars extend far beyond individual patients.

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Biosimilars are gaining ground. The IRA could push them further next year.

BioPharma Drive: Drug Pricing

As commercial momentum builds, coverage incentives for the Medicare market are expected to favor biosimilars in 2025.

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CVS launches new venture in biosimilar drug experiment

BioPharma Drive: Drug Pricing

The subsidiary, called Cordavis, will work directly with manufacturers to market or co-produce low-cost biologic drugs, starting with Novartis’ Humira copy.

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The impact of biosimilars on biologic drug life cycle management

Drug Patent Watch

The Biosimilar Revolution: How It's Changing the Game for Biologic Drug Manufacturers As the pharmaceutical industry continues to evolve, one trend is gaining significant attention: the rise of biosimilars. In this article, we'll explore the impact of biosimilars on biologic drug life cycle management.

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Blue Shield of California sidesteps PBMs with new Humira biosimilar deal

BioPharma Drive: Drug Pricing

It’s the first time, according to the insurer, that this type of model has been used to bring a Humira biosimilar to market, and it yields a much lower cost than both the brand-name version of the drug and biologic copycats.

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Alvotech deal could heighten biosimilar pressure on Humira

BioPharma Drive: Drug Pricing

The agreement may help Alvotech capitalize on a recent policy shift by CVS that has driven major market share declines for AbbVie’s blockbuster drug.

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The Competitive Edge of Biosimilars

DrugBank

Biosimilars  Biosimilars, while highly similar to their reference biopharmaceuticals, offer distinct advantages that position them as preferred therapeutic options in many cases. This is because biosimilars are not new drugs but highly similar versions of already approved therapies with established safety and efficacy profiles.