Amgen Releases 2022 Biosimilar Trends Report

Goodwin
Contact

Goodwin

On October 12, 2022, Amgen released its 2022 Biosimilar Trends Report. Since we posted on Amgen’s report preview in July, the total number of biosimilars that have been approved in the United States has increased from 36 to 39 (with the approval of Coherus’s CIMERLI (ranibizumab-eqrn) in August and Fresenius Kabi’s STIMUFEND (pegfilgrastim-fpgk) and Celltrion’s VEGZELMA (bevacizumab-adcd) in September). To date, 22 of the 39 approved biosimilars have been commercially launched.

According to the report, a key trend includes the decline of average sales price (ASP) of biosimilars due to competition for both reference products and biosimilars. Amgen predicts that over the next few years, there will be an expansion of biosimilars into pharmacy benefit reimbursement, biosimilars in more therapeutic classes, and additional approvals and launches of interchangeable biosimilars in the US.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Goodwin | Attorney Advertising

Written by:

Goodwin
Contact
more
less

Goodwin on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide