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Under the Biologics Price Competition and Innovation Act, an abbreviated biosimilar submission cannot be approved for marketing until a twelve-year exclusivity period for the reference product has expired
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However, the patent expiry date is the relevant factor for the products listed in Exhibit 1, given their respective introduction and patent expiry dates
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Under the Biologics Price Competition and Innovation Act, an abbreviated biosimilar submission cannot be approved for marketing until a twelve-year exclusivity period for the reference product has expired. However, the patent expiry date is the relevant factor for the products listed in Exhibit 1, given their respective introduction and patent expiry dates.
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13
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Fingertip Formulary
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Data on formulary placement for specific drugs and organizations are updated monthly on the website in Note 13, For example, for information on the placement of Lovenox in the Aetna 2-Tier Closed plan in Alabama, see, Parsippany (NJ): Fingertip Formulary; [cited 2014 Apr 23]. Available from
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Data on formulary placement for specific drugs and organizations are updated monthly on the website in Note 13. For example, for information on the placement of Lovenox in the Aetna 2-Tier Closed plan in Alabama, see Fingertip Formulary. Lovenox [Internet]. Parsippany (NJ): Fingertip Formulary; [cited 2014 Apr 23]. Available from: http://www.fingertipformulary.com/drugs/Lovenox/AL/plans?plan Name=Aetna%202%2DTier%20 Closed&planID=26
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Lovenox [Internet]
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The only other biosimilar product available in the period 2009-11 in Europe is Omnitrope
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Similar to its experience in the United States, Omnitrope has achieved only low market shares in most EU countries
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The only other biosimilar product available in the period 2009-11 in Europe is Omnitrope. Similar to its experience in the United States, Omnitrope has achieved only low market shares in most EU countries.
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Analysis on a comparable Senate bill in March 2008 estimated total US savings from biosimilars of $25 billion over a ten-year period
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Analysis on a comparable Senate bill in March 2008 estimated total US savings from biosimilars of $25 billion over a ten-year period. Congressional Budget Office. Cost estimate: S. 1695 Biologics Price Competition and Innovation Act of 2007 [Internet]. Washington (DC): CBO; 2008 Jun 25 [cited 2014 Apr 23]. Available from: http://www.cbo.gov/sites/default/files/cbofiles/ftpdocs/94xx/doc9496/s1695.pdf
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