Biosimilar temptation

March 31, 2016

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.

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Pharmacy Daily | Biosimilar temptation

Biosimilar temptation

Other recent headlines

PD breaking news – Queensland pharmacies scope of practice pilot expanded

Commbank to help navigate ownership

Littleproud visits Orana Mall

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES