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Leveraging the holistic benefits of biosimilars in Europe - part 2: how payers can safeguard the future of a healthy biosimilar market environment.

Jorge Mestre-FerrandizMarcin CzechJosef S SmolenPaul CornesMatti S AaproSilvio DaneseStephen DeitchHannah TyldsleyWill FosterPooja ShahMark LatymerArnold G Vulto
Published in: Expert review of pharmacoeconomics & outcomes research (2024)
The panel's market maturity framework for biosimilars has three stages: 'Invest,' 'Expand' and 'Harvest.' Across market stages, re-thinking the benefits of biosimilars beyond cost-savings, considering earlier or expanded access/new indications, product innovations, and re-investment of biosimilar-generated cost-savings should be communicated to stakeholders to promote further engagement. During 'Expand' and 'Harvest' stages, development of efficient, forward-looking procurement systems and mechanisms that drive uptake and stabilize competition between manufacturers are key. Future biosimilars will target various therapy areas beyond those targeted by existing biosimilars. To ensure a healthy, accessible future market, stakeholders must align their objectives, communicate, collaborate, and coordinate via education, incentivization, and procurement, to maximize the totality of benefits.
Keyphrases
  • health insurance
  • current status
  • healthcare
  • social media
  • cancer therapy
  • stem cells
  • smoking cessation