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Biosimilars: European Payer Perspectives (2016)

Published by FirstWord Pharma: 01 Jan 2016 | 292 | In Stock

Introduction

Introduction


What’s driving the uptake of biosimilars in Europe and what still needs to be done?


The European market for biosimilars has seen a year of progress and change, with more therapies available and changing attitudes from many payers. Driven by the pressing need to control drug costs, payers have notably moved their position in key areas such as interchangeabilty and indication extrapolation. But where are the sticking points? What are the critical factors for success? What more could the biosimilar industry do to help its cause?


This report identifies the issues that payers identify as critical to the continued growth and adoption of biosimilars. Biosimilars: European Payer Perspectives is informed with candid insights of 15 European payers from the five leading European markets and packed with actionable information. It is essential reading for all commercial and research planners in branded and biosimilar manufacturers.


“The key reimbursement challenge at the moment comes down to the four-letter word of cost: every healthcare organisation is really struggling to contain cost.”


Puchase Reasons


Answering key questions:


  • High value pipeline: What are the leading branded therapies that are in biosimilar development and how will their availability continue to drive change?

  • Interchangeability: When, and in what circumstances, could a biosimilar be interchangeable with the branded product?

  • Indication extrapolation: What can be done to challenge the lingering anxieties that are impacting the broader use of biosimilars across all approved indications?

  • Real world data: Clinical confidence is growing with experience but can real world data encourage wider adoption across all therapy areas and who should collect/disseminate it?

  • Better education: A lack of physician education, especially in areas such indication extrapolation, is limiting uptake – how can the biosimilar industry positively respond?

  • Formulary inclusion: What are the differing criteria for formulary inclusion, to what extent does price play a role and is there room for every biosimilar that comes to market?

  • Pricing: What level of biosimilar discounting is optimal and will we ever see price matching between branded and biosimilar products?

  • Targets and Quotas: To what extent have prescribing targets and quotas driven biosimilar usage in European countries and are they always successful?

  • With this report you will be able to:


  • Learn from the experiences of EU payers and the critical factors they identify as essential for biosimilar market progress

  • Understand how issues and questions around interchangeability, switching and indication extrapolation are limiting broader biosimilar usage

  • Identify the key areas where better physician education could have real benefits and formulate appropriate communication strategies

  • Examine how clinical and real world data can help build prescriber and payer confidence

  • Understand current EU biosimilar regulation and guidance and know where payers feel improvements could be made

  • Know the key elements for successful biosimilar formulary inclusion

  • Explore payer thinking on pricing, discounts, reimbursement and prescribing targets/quotas

  • Key Topics explored


  • How confidence in the sector is growing as a result of more biosimilar products now being on the market, and the increasing number of blockbuster therapies becoming the subject of biosimilar research

  • The challenge of convincing physicians, especially those with limited experience, to prescribe biosimilars

  • The EU regulation of biosimilars is seen by many as the best system, but there is still room for improvement

  • Biosimilars benefit from an abridged regulatory process, but that can lead to questions about safety in all patient populations – is it time for a rethink and how might real world data fill the knowledge gap?

  • It is alleged that mis information from branded industry and other stakeholders is feeding physician anxiety. True or false?

  • Why are patient advocacy groups less than enthusiastic about biosimilars and what impact is this having on biosimilar uptake?

  • The naming of biosimilars in the EU is causing confusion: is there a viable and universally agreeable alternative on the horizon?

  • Expert Contributors


    For this report FirstWord has interviewed 15 payers, 3 from each EU5 country. Payers interviewed have direct experience of assessing biosimilars for inclusion on formulary, either as part of a committee or as the lead decision-maker./Paragraph>

    About FirstWord


    FirstWord is an innovative industry intelligence leader serving over 240,000 Pharma and MedTech professionals worldwide. FirstWord offers a range of products and services designed to help your company gain a competitive edge by making key business decisions with speed and confidence.


    FirstWord Pharma PLUS is a personalised and comprehensive intelligence service delivering up-to-the-minute pharma news, insight, analysis and expert views of importance to your company’s success.


    FirstWord Reports deliver timely, need-to-know intelligence about your products, your competitors and your markets. Covering biosimilars, market access, medical affairs, sales & marketing, technology and therapy areas, FirstWord Reports provide expert views and intelligence on the challenges facing pharma today.

    Table of Contents
    for Biosimilars: European Payer Perspectives (2016)

    • 1 Contents

      2 Executive summary

      3 Research objectives and methodology

      3.1 Objectives

      3.2 Methodology

      4 Biosimilars in Europe: Where we currently stand

      4.1 Biosimilar approvals in Europe to date

      4.2 Uptake and usage of biosimilars in Europe

      5 Awareness and perceptions of biosimilars

      5.1 Key insights

      5.2 Awareness of biosimilars at the payer level is generally high, and physician awareness is increasing

      5.3 Physician acceptance on the rise, but varies by disease area, with biosimilars most common in acute settings

      6 Key influencers on biosimilar adoption in 2015

      6.1 Key insights

      6.2 Biosimilar adoption buoyed by local policy changes, prescribing initiatives over the past year

      6.3 Payers identify clinical and real-world data as leading reason for improved biosimilar adoption

      6.4 Physicians and HTA bodies are pushing biosimilar acceptance, but patient advocacy groups are not providing much support

      6.5 How has the biosimilar regulatory approval timeline changed over the past 12 months? 15

      6.6 How has the importance of the potential cost savings associated with biosimilars changed in the past 12 months?

      7 The current regulatory environment

      7.1 Key insights

      7.2 Regulatory data requirements mostly satisfy payers, but some would prefer additional clinical comparability data and information on interchangeability

      7.3 Small, clinically non-significant differences between biosimilars and their reference products are permissible

      7.4 Real-world, interchangeability data could provide assurance that biosimilars are comparable to reference products

      8 Recent policy events shaping the biosimilars market

      8.1 Key insights

      8.2 EMA’s guideline on biosimilars goes into effect, provides guidance on clinical trial comparators

      8.3 European Biosimilars Group asks EFPIA to clarify its policy on off-patent biological drugs

      8.4 NHS England position statement seeks to define concept of biosimilar medicine

      8.5 Ireland’s HPRA published guide on biosimilars, outlining recommendations for indication extrapolation and interchangeability

      8.6 Finland’s Fimea proposes hospital-level interchangeability, but rules against pharmacy-level substitution

      9 Biosimilar naming rules

      9.1 Key insights

      9.2 Payers argue benefits of existing name proposals, suggest alternative traceability strategies

      9.3 Payers express concern that WHO’s Biological Qualifier proposal could add layer of confusion

      9.4 Biosimilar naming should promote traceability without drawing attention to differences, payers suggest

      10 Interchangeability, substitution and indication extrapolation

      10.1 Key insights

      10.2 Payers agree that physicians should have the final say on substitutions, but say there is room for regulatory oversight

      10.3 Payers undecided when switching should be permissible

      10.4 Additional data on switching outcomes could boost biosimilars, but not yet clear who should collect such data

      10.5 Barriers to greater biosimilar interchangeability are varied

      10.6 Other factors limiting interchangeability:

      11 Commercialisation

      11.1 Key insights

      11.2 How biosimilars are reviewed for inclusion on formularies

      11.3 Payers suggest formulary decision-making process will be streamlined by experience

      11.4 Requirements for adding biosimilars to formularies vary by country, but do not differ

      11.5 significantly from traditional medicines or generics

      11.6 Payers increasingly comfortable with adding biosimilars to formularies, but could limits on numbers be imposed?

      12 Reimbursement

      12.1 Key insights

      12.2 How decisions on biosimilar prices are made

      12.3 Payers suggest 20 percent discount for biosimilars is a good place to start

      12.4 Norway, Denmark’s near 70 percent discount for infliximab turns heads, but not likely to be replicated

      12.5 Not yet clear which European countries are leading the way on biosimilar pricing

      12.6 Payers remain unclear on appropriate level of pricing discounts for biosimilars, but price matching not likely

      12.7 UK payers question longevity of Pharmaceutical Price Regulation Scheme to hold down costs

      12.8 Prescribing targets and quotas may boost biosimilar prescribing, but results mixed to date

      13 Future challenges and opportunities for biosimilars

      13.1 Key insights

      13.2 Potential future trends, challenges and opportunities for biosimilars in Europe

      13.3 Europe likely to remain gold standard as it relates to biosimilar regulation, experts suggest

      14 Appendix

      14.1 Definitions

      14.2 Experts interviewed for this report

    Additional Details

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    FirstWord Pharma

    Publisher Information

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