StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Major Issues in Biosimilars - Essay Example

Cite this document
Summary
The essay "Major Issues in Biosimilars" focuses on the critical analysis of the major issues in biosimilars. EMA determined that the approach used for generic marketing authorizations is not scientifically appropriate for biologics, the guideline outlines a new approach for biosimilars…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.2% of users find it useful
Major Issues in Biosimilars
Read Text Preview

Extract of sample "Major Issues in Biosimilars"

BIOSIMILARS al Affiliation) Introduction EMA determined that the approach used for generic marketing izations is not scientifically appropriate for biologics, the guideline outlines a new approach for biosimilars The overall aim of this guideline is to establish general principles that enable applicants for a development program that establishes comparability while ensuring that the previously proven safety and efficacy of the drug is conserved ( Murray, 2007). General requirements in UK (MHRA) have been structured with the application being able to contain information-demonstrating biosimilarity on data that is derived from analytical studies showing that the biological product is highly similar to the reference product (Association, 2011). Animal studies that include assessment of toxicity and a clinical study that includes assessment of immunogenicity and pharmacokinetics or pharmacodynamics are required since they are sufficient to show safety, purity and strength in one or more appropriate conditions of use for which the reference product is licensed. There must also be demonstration of comparable quality from the initial development (Patrawala, 2010). There are additional risks that come up with biosimilars. Immunogenicity and switch related issues are risks that are brought about by biosimilars. These risks reduces quality, efficacy and safety of biosimilars to patients that use them. Challenges in approval of biosmilars (EMA and FDA) The challenges associated with the approval of biosimilars include ability to switch, immunogenicity, and traceability of batches. Other challenges that the managing bodies have encountered when approving the Biosimilars include indication extrapolation, interchangeability, and substitution. To offset the challenges mentioned, the European Medicines Agency has come up with regulatory measures in meeting the development and approval of this biosimilars. However, the goal-oriented strategies steered by the objectives are portrayed in one part of their products for the patients, which has now followed the Europe’s approach. To offset this problem, there is a need for transparent labeling of product information for biosimilars so that the patients and the physicians can use to make an informed decision. ABPI has set of codes that ensure companies devote considerate resources to that their activities are compiled with. Any complaint that is made against the company is taken as a serious matter both by the industry and the company. Sanctions are also applied agianst a firm that is rule against the breach of code (Abpi.org.uk, 2015). Consequently, firm must ensure that every personnel are well trained according to the code and need to have a robust operating procedures where all the activities and materials within the code are reviewed to make sure compliance with the legal requirements and the code. Additionally, the European Biopharmaceutical Enterprises, stipulates that it is important to make sure that the approval terms for the biosimilars are evident so that the transparency proposals can be generated specifically for the products. Additionally, the biosimilars labelling will be evaluated to flag out ways of ensuring more relevant clinical use and in creating trust in such medicines. When these aspects are considered, detailed guidance on labeling of biosimilars will be developed based on decisions made by the stakeholders. Regulatory approval of biosimilar and effect on market There have been no biosimilar product that have been approved through biological license application pathway in United States. FDA have been seen to be somehow vague on some aspects of regulatory approval (Nick, 2012). The approvals that have been seen to be vague are those such as indication of extrapolation and interchangeability. Factors that suggest penetration of biosimilars in the market are the price of its pharmaceuticals, the scale of its spending in healthcare and legislations that were enforced in 2014. The pathway that is concerned in the regulation is contained in part of the law known as Biologics Price Competition and Innovation act (EMEA, 2005) as seen recently with Teva’s tbo-filgrastim. According to sales with indication, biosimilars have 55% to 65% of sale in their largest indications with some cases the share being 100% (Warren, 2013). Changes in market by biosimilars There are four factors that will lead to increased used of biosimilars. These include biosimilars acceptance in the United States, automatic substitution and interchangeability, sign extrapolation, and involvement in payor (Chow, 2013). Biosimilars can be developed from more advanced technology from the originator making it more efficient. The market of the original product will be affected since medicals will need the most efficient one for the patients (Murray, 2007). FDA panel On 7 January totally decided that a drug made by Sandoz, the generics arm of Swiss pharmaceutical giant Novartis, should be accepted as a replacement for filgrastim also known as Neupogen which was being used as to boost immune by treatment of neutropenia which is caused by lack of some blood cells mostly in cancer patients (Barr and Reisner, 2013). Filgrastim was made by Amgen of Thousand Oaks located in California. The approval of the drug in May will much open marker for biosimilars in United States. It will prove efficiency of use in biosimilars hence other developed biosimilars will be able to pick faster (Barr and Reisner, 2013). Examples of biosimilars that have been approved in E.U include Epoetin, filgrastim and Somatropin. Approval of these biosimilars have increased penetration of biosimilars to the market. Penetration volumes of biosimilars have been slow but the drug will enable sales of large volumes of biosimilars. Approval will enable penetration as those of small molecular genetics. There will be adjustments in factors such as price of pharmaceuticals, scale of healthcare spending and new healthcare legislations. Conclusion Numerous companies are pursuing biosimilar versions of blockbuster drugs. Several companies have development of biosimilars at different stages with much investment in molecules. The number of biosimilar marketing authorization applications at the EMA is at its all-time high, with seven applications in 2012 (Warren, 2013). There is much expectations from development of biosimilars with more products yet to be launched. Penetration of biosimilars have been low with the successful having an average of volume penetration rate of 55% (Warren, 2013). There is future in penetration of biosimilars with estimation of 20 billion dollars by 2020 from 2 billion dollars in 2012 (Warren, 2013). Biosimilars have been found to offer better quality alternatives to patients. This enhances treatment of patients at better prices. Biosimilars will improve patient’s health as there is development of vaccines that are much needed by the patients (Prugnaud and Trouvin, 2013). Biosimilars have the possibility of bringing considerable enhancements in patients’ quality of life. Biosimilars have been seen to have future in the market with estimation bringing the future of biosimilars to comprise half of best-selling drugs. Expectations are running high after there was no declaration of failure in developments of biosimilars (Prugnaud and Trouvin, 2013). Improvement in expertise and talent in biologics technical development and manufacturing increase will be serious, resulting in an increasing competition for development of biosimilars. References Abpi.org.uk,. (2015). Guidelines. Retrieved 4 February 2015, from http://www.abpi.org.uk/our-work/library/guidelines Barr, D., & Reisner, D. (2013). Developments in pharmaceutical and biotech patent law, 2010. New York, NY: Practising Law Institute. Murray, F. (2007). The Stem-Cell Market — Patents and the Pursuit of Scientific Progress. New England Journal Of Medicine, 356(23), 2341-2343. doi:10.1056/nejmp068256 Nick, C. (2012). The US Biosimilars Act. Pharm Med, 26(3), 145-152. doi:10.1007/bf03262388 EMEA,. (2005). CHMP Guidelines on similar biological medicinal products, &NA;(1288), 4. doi:10.2165/00128415-201012880-00008 Warren, J. (2013). Generics, chemisimilars and biosimilars: is clinical testing fit for purpose?. British Journal Of Clinical Pharmacology, 75(1), 7-14. doi:10.1111/j.1365-2125.2012.04323.x Patrawala, L., (2010). Development of a Lung Cancer Therapeutic Based on the Tumor Suppressor MicroRNA-34. A comprehensive guide to the three biosimilar markets (Europe, US, Japan) and the regulatory pathways, 70(14), 5923-5930. doi:10.1158/0008-5472.can-10-0655 Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Biosmilars Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Biosmilars Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/miscellaneous/1675467-biosmilars
(Biosmilars Essay Example | Topics and Well Written Essays - 1000 Words)
Biosmilars Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/miscellaneous/1675467-biosmilars.
“Biosmilars Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/miscellaneous/1675467-biosmilars.
  • Cited: 0 times

CHECK THESE SAMPLES OF Major Issues in Biosimilars

The Emergence of Biosimilar

The legal, regulatory, and scientific framework for approval of the new class of medicine in biosimilars has been pioneered by the European Medicines Agency.... This paper "The Emergence of Biosimilar" discusses the therapeutic value of biosimilars, the biochemistry of the drugs to effectively treat disease.... biosimilars expected to be similar, but not identical, to the innovator biologics they seek to copy has been one of the foundational principles of the European framework....
6 Pages (1500 words) Research Paper

Pfizer - Development of a Well Sustained Patient Improvement Apparatus

The paper "Pfizer - Development of a Well Sustained Patient Improvement Apparatus" states that during the period 1999 Pfizer has introduced its new discovery of a research centre which is named the Discovery Technology Centre and this institution is located in the region of Cambridge, Massachusetts....
4 Pages (1000 words) Essay

Biologics PRODUCTION AND MARKET

Biologics are generally prescribed to those patients who have shown poor response to other forms of treatment.... Biologics are increasingly being.... ... ... In fact, the bio-tech industry has helped treat more than 200 diseases through 400 biological drugs according to Kaldre (2008).... Despite having small figures, biologics epresent a significant proportion of the pharmaceutical market according to Aagaard, Purdy, and Philpott (2010) who cite that in 2007 American consumers reportedly spent approximately $40 billion on biologics constituting about 13....
4 Pages (1000 words) Essay

Vision and Mission of Julphar Pharmaceuticals

his facility is a major part of the company's international expansion objective and a milestone in its history (About Julphar, 2015).... This essay "Vision and Mission of Julphar Pharmaceuticals" focuses on the vision of the company that is to add value to communities through uncompromising healthcare....
8 Pages (2000 words) Essay

Modern Biotechnology and Its Role in European Unions Economy

According to the report the EU regards it as a major contributor towards the efforts of achieving its goals as well as objectives of economic growth, employment creation, improvement of the public health, environmental safeguarding and sustainable development.... This paper Modern Biotechnology and Its Role in European Union's Economy talks about biotechnology which refers to the use of science and technology on living organisms to alter living or non-living materials for generation of knowledge, goods, and even services....
10 Pages (2500 words) Essay

Actavis' Legacy Operations

Nonexclusive medication assembling constitutes the vast majority of Actavis legacy operations, with around 40% of this current fragments income originating from markets outside the United States.... ... ... ... The paper 'Actavis' Legacy Operations' is an outstanding example of a finance and accounting research proposal....
10 Pages (2500 words) Research Proposal

Novo Nordisk as a Leader in Producing New Drugs

ovo Nordisk is a fast-growing major pharmaceutical company globally and operates primarily in Europe, Japan, and North America.... The paper 'Novo Nordisk as a Leader in Producing New Drugs' is a perfect example of a management term paper.... Insulin may sound familiar but Levemir, NovoMix, and NovoRapid are probably strange terminologies to most of you who are unaware of some of the pharmacological purchases made by diabetic patients....
10 Pages (2500 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us