Obstacles to the Adoption of Biosimilars for Chronic Diseases
There is optimism that biosimilars will offer lower-cost therapeutic alternatives to branded biologic drugs, in the same manner as generic drugs have done for small-molecule drugs. On average, the cost of a small-molecule drug declines by 70% in the 24 months following initial generic approval. Furt...
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Veröffentlicht in: | JAMA : the journal of the American Medical Association 2017-06, Vol.317 (21), p.2163-2164 |
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creator | Hakim, Aaron Ross, Joseph S |
description | There is optimism that biosimilars will offer lower-cost therapeutic alternatives to branded biologic drugs, in the same manner as generic drugs have done for small-molecule drugs. On average, the cost of a small-molecule drug declines by 70% in the 24 months following initial generic approval. Furthermore, generic drugs currently account for 88% of all US prescriptions, yielding 10-year cost savings in excess of $1.5 trillion. Here, Hakim and Ross explore why biosimilars for chronic diseases, the largest category of biological therapies, are unlikely to yield widely expected cost savings. |
doi_str_mv | 10.1001/jama.2017.5202 |
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source | MEDLINE; American Medical Association Journals |
subjects | Biological products Biosimilar Pharmaceuticals - economics Biosimilar Pharmaceuticals - therapeutic use Chronic Disease - drug therapy Chronic illnesses Cost engineering Cost reduction Diffusion of Innovation Drug Approval Drug Costs Drug Industry Drug therapy Drugs Generic drugs Humans Insurance, Pharmaceutical Services Legislation, Drug Pharmacies State Government United States |
title | Obstacles to the Adoption of Biosimilars for Chronic Diseases |
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