THE potential saving of €98b (or
AU$145 billion) is creating a huge
temptation for health authorities
in Europe to adopt biosimilars
in preference to original brand
products from companies such as
Roche and AbbVie, sparking risk
fears in investors, according to a
Reuters analysis of an IMS report.
AbbVie’s Humira and Roche’s
Herceptin are both set to lose
patent protection over the next
five years which could see an
investor “cliff jump” style exit
while companies such as South
Korea’s Celltrion and large generic
drugmakers with biotech know how,
like Novartis’ generic unit
Sandoz flex their marketing muscle.The above article was sent to subscribers in Pharmacy Daily's issue from 31 Mar 16 To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 31 Mar 16
DEMENTIA Australia has appointed comedian Geraldine Hickey (pictured) as its newest Ambassador, coinciding with the Melbourne Memory Walk & Jog event taking place this Sun.
NEW research from the Monash Addiction Research Centre has highlighted a critical shortfall in the availability of Naloxone, a life-saving medication that reverses opioid overdoses, across community pharmacies in Australia’s most populous states.
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