Biologics and Biosimilars Flashcards
what is a biologic
A medication derived from a living organism or their cells
Larger and more complex then traditional pharmaceutical products
How do regulations regarding biologics differ
Biologics differ from other drugs for human use in that they must include more detailed chemistry and manufacturing information compared to other drugs (ensures it isnt contaminated by an undesired microorganism or another biologic)
An inspection of the manufacturing facility, known as an On-Site Evaluation (OSE) is also completed to assess the production process and facility
Biologics are then monitored by being placed on a lot release schedule tailored to their potential risk, manufacturing, testing, and inspection history to date
what are some types of biologics?
Blood and blood components Proteins Human tissues Vaccines Allergenic extracts Cellular and gene therapies
when was the first biologic developed?
First biologic (rDNA insulin) in 1982
who are the major players in biotech?
- AbbVie
- Gilead
- Genentech
- Amgen
- Bayer
where is the biologic space at today?
- May see a boost in those companies invested in COVID-19 Developments
- 5 out of 10 top drugs are in the oncology space
- Keytruda (pembroluzimab) may hit $26 billion/year by 2025
why are biologics so important?
Biologics hold great promise for providing a lower cost treatment option for chronic disease
why are biologics so expensive
- Manufacturing costs
- Research and development costs
- Competition (free market and benchmark pricing)
- Many biologics target rare diseases, so the market for them is so small
what are intellectual property rights
Period of time following marketing approval during which competing firms may not use the innovative firms clinical trial date in order to obtain marketing authroization for a generic version
what are the benefits or intellectual property rights
Data exclusivity grants the innovative firm a period of protection for their investment in clinical trials and data collection
Gives incentives to invest in the difficult and expensive research and development necessary for biologics advances
what are some future issues for biologics
- Market exclusivity will erode as patents expire and competing products enter the market
- Revenues generated by biologics are threatened by increasing scrutiny from government health agencies and other payers
- In CAN, prevalence of off-label use is estimated at 11%, and of off-labels prescriptions, 79% lacked strong scientific evidence
what is a biosimilar
A biosimilar is a copy of a commercially available biopharmaceutical (reference product) that no longer is protected by patent which has:
Undergone rigorous analytical and clinical assessment, in comparison to its reference product
AND
Been approved by a regulatory agency according to a specific pathway for biosimilar evaluation
why is it called a biosimilar and not a generic?
A biosimilar is “highly similar” to its reference product in physiochemical characteristics, efficacy, and safety
HC approval of a biosimilar is not a declaration of pharmaceutical equivalence, bioequivalence or clinical equivalence to the reference biologic drug
Cannot say they are exact
why are biosimilars important?
Additional treatment choices at a lower cost
Increased access to biologics, which may lead to improved health outcomes overall
why have biosimilars created a new market?
Bringing a biosimilar to market will be more costly and less certain than producing a generic drug
Wont see anymore than 3-4 biosimilars come on the market, shares the wealth but doesn’t dilute the market so much that it reduces the drug cost too far