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Biosimilars

With expanding demand for good-quality healthcare, comes the challenge of controlling healthcare costs. The safe and regulated introduction of biosimilars into the market has been forecasted to increase and improve access to much needed biologic medicines and reduce costs.

WHAT TO KNOW
Biosimilars


What are biologics?

A biologic medicine is a large molecule typically made from living cells and used in the treatment, diagnosis or prevention of disease. Biologic medicines include therapeutic proteins, DNA vaccines, monoclonal antibodies and fusion proteins. Biologic medicines are often 200 to 1,000 times the size of widely used small molecule drugs and are far more complex structurally. They are also highly sensitive, making them more difficult to characterize and produce.

What are biosimilars?

Unlike generic medicines where the active ingredients are identical, biosimilars – by definition – are not likely to be identical to the originator biologic. They are similar, but not the same. Biologics made by different manufacturers differ from the original product and from each other.

How can you help?

Currently, state governments across the country are holding hearings to debate the framework in which biosimilar products are introduced in their state. The policy on whether one biologic product may be substituted by dispensers when a different biologic product was prescribed is governed by state law.

Innovator biologic manufacturers, biosimilar manufacturers, pharmacists, and physicians are well represented in the discussions. We must make sure the patient voice is not forgotten in this pivotal time! As a 50 State Network Advocate now is your time to shine.

45 U.S. states and territories (as of May 2018) have passed legislation expanding access to biosimilar medications, while keeping patient safety a top priority.

This incredible milestone is a win for patients across the country suffering from chronic illnesses. Not only have over 200 million people gained a pathway to these potentially life-saving medicines, but patients in the remaining states and territories can have a renewed sense of hope, as legislation is gaining momentum across the country.

Our Core Principles:

  1. Substitution should occur only when the FDA has designated a biologic product as interchangeable.

  2. The prescribing physician should be able to prevent substitution.

  3. The prescribing physician should be notified of any substitution.

  4. The patient, or the patient’s authorized representative, should, at a minimum, be notified of any substitution.

  5. The pharmacist and the physician should keep records of any substitution.

A great explanatory video by the Medical Chronicle about Biologics and Biosimilars.

WHAT TO SAY
Your talking points

 

LEARN MORE

This profile will be able to show you a current outlook for States that are currently considering or have recently passed legislation regarding Step Therapy. If you live in one of the highlighted states, get in touch with your local representatives and explain to them why these bills need their support. If you live in a state that is not highlighted, you must explain to your local representatives why they should draft this type of legislation and the positive impact it would have on people like you. We at GHLF are happy to help you prepare those comments if you need assistance.

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Data Corner
Biosimilars
  1. Specialty medication spending has increased four times since 2006.
  2. As of 2018 specialty medications account for 1% of US prescriptions, but 50% of US cost.
  3. $250 Billion could be saved in the next decade if just 11 biosimilars are approved
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