EE505 Canada's Evolving Market for Biosimilars and What It Means for Payers
نویسندگان
چکیده
Potential savings from biosimilars are a subject of keen interest internationally, with particular relevance for Canadians. Canada is relatively high-use and high-price market biologics the increased use offers significant opportunity cost Canadian payers. Recent policy changes to promote biosimilar switching expected result in reductions these classes Canada, helping offset pressure new higher-cost medicines coming years. As initiatives implemented at provincial level, unique model observe impacts variations approach timing across jurisdictions. The analysis aims identify potential opportunities comparison international practices. Using data various sources, including IQVIA MIDAS® Database, Drugstore Hospital Purchases Audit, FDA, EMA, Health this presentation compares emerging our counterparts. delves into dynamics 2020 2021, retrospective trends since 2011, assess impact recent savings. Sales reached nearly $10B 2020, one third pharmaceutical spending. Despite approvals 14 drugs, sizable price discounts, uptake, continues lag behind comparators. Ongoing policies payers, especially public drug plans, have prompted wider uptake their jurisdictions played an increasing role offering savings, though varied country. This will provide much needed information on efforts taken draw unrealized illuminate discussions collaboration Canada’s healthcare sector.
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ژورنال
عنوان ژورنال: Value in Health
سال: 2022
ISSN: ['1098-3015', '1524-4733']
DOI: https://doi.org/10.1016/j.jval.2022.04.751