Fran Gregory, PharmD, vice president of emerging therapies at Cardinal Health, discusses what's to come as a result of a "second wave" of biosimilars hitting the market.
Biosimilars will add to the accessibility of medications for patients, says Fran Gregory, PharmD, vice president of emerging therapies at Cardinal Health.
Transcript
What is the significance of the second wave in the context of specialty pharmacy?
I think the significance when we think about the second wave of biosimilars is that there are going to be a large number of them coming relatively quickly. So, we talked about the adalimumab biosimilars, [with] 9 to 12 of them coming to market in 2023.
Just thinking about managing all have that, and then of course, we mentioned there being more therapeutic categories that will also be in that specialty pharmacy realm. And one of the misconceptions of specialty pharmacies is that they are pharmacy benefit drug managers. However, specialty pharmacies actually do manage medical benefit drugs as well.
If we think about natalizumab and SOLIRIS biosimilar for PNH [paroxysmal nocturnal hemoglobinuria] that I mentioned previously; those drugs are typically built on the medical benefits. They will see some more specialty pharmacy engagement on both the pharmacy and the medical benefits side, whereas previously, really, we only saw those oncology products going primarily through the oncology offices or sometimes rheumatology offices with some of those products.
What are the potential implications of this new wave of biosimilars for specialty pharmacy practices?
A few things really come to mind when I think about that. Specialty pharmacies and specialty pharmacists want to make sure their patients have the most clinically appropriate product, and that they can afford that product, and that that patient is adherent to the product, and they can manage any adverse events just like they would with a reference product. So, biosimilars really just add to the accessibility of the medications for patients.
Specialty pharmacies will also need to make sure that they understand the patient assistance programs and any financial support that is available for biosimilars as they did with many of these reference products. Most of the biosimilar manufacturers are coming to market with products that offer similar benefits that the reference product also offers. So, you'll see these biosimilars coming to market with patient assistance programs, with copay coupons, with all those different services that help patients ensure accessibility to their medications.
Looking Back on ISPOR 2024: Hot Policy Topics, Welcome Focus on Employers, and More
May 10th 2024Kimberly Westrich, MA, chief strategy officer of the National Pharmaceutical Council, reflects on the most valuable learnings from the 2024 meeting of ISPOR—The Professional Society for Health Economics and Outcomes Research, including lively discussions of the Inflation Reduction Act and workshops on value assessment.
Read More
Frameworks for Advancing Health Equity: Urban Health Outreach
May 9th 2024In the series debut episode of "Frameworks for Advancing Health Equity," Mary Sligh, CRNP, and Chelsea Chappars, of Allegheny Health Network, explain how the Urban Health Outreach program aims to improve health equity for individuals experiencing homelessness.
Listen
Posters Characterize DMD Caregiver Experiences, Impact of Gene Therapy on Caregiving Demands
May 10th 2024Posters presented at the ISPOR—The Professional Society for Health Economics and Outcomes Research meeting explored Duchenne muscular dystrophy (DMD) caregiver experiences and gene therapy’s impact on work opportunities for caregivers.
Read More
Tackling Health Inequality: The Power of Education and Experience
April 30th 2024To help celebrate and recognize National Minority Health Month, we are bringing you a special month-long podcast series with our Strategic Alliance Partner, UPMC Health Plan. Welcome to our final episode of this limited series and our conversation with Janine Jelks-Seale, MSPPM, director of health equity at UPMC Health Plan.
Listen
Budesonide-Based Triple Therapy Shows Best Benefit Over Dual Therapy for COPD
May 8th 2024The triple therapy of budesonide, glycopyrrolate, and formoterol fumarate showed the greatest incremental net benefit among a series of triple therapy medications that were evaluated against dual therapy for chronic obstructive pulmonary disease (COPD), according to an analysis presented at ISPOR.
Read More