Biosimilars Adoption: Recognizing and Removing the RoadBlocks

Sarfaraz K Niazi College of Pharmacy, University of Illinois, Chicago, IL, 60612, USACorrespondence: Sarfaraz K Niazi, Tel +1-312-297-0000, Email niazi@niazi.comAbstract: Almost two decades since biosimilars arrived, we still await their broader adoption, as anticipated. The roadblocks to this adopt...

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Main Author: Niazi SK
Format: Article
Language:English
Published: Dove Medical Press 2023-04-01
Series:ClinicoEconomics and Outcomes Research
Subjects:
Online Access:https://www.dovepress.com/biosimilars-adoption-recognizing-and-removing-the-roadblocks-peer-reviewed-fulltext-article-CEOR
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author Niazi SK
author_facet Niazi SK
author_sort Niazi SK
collection DOAJ
description Sarfaraz K Niazi College of Pharmacy, University of Illinois, Chicago, IL, 60612, USACorrespondence: Sarfaraz K Niazi, Tel +1-312-297-0000, Email niazi@niazi.comAbstract: Almost two decades since biosimilars arrived, we still await their broader adoption, as anticipated. The roadblocks to this adoption include the high amortized cost of goods due to regulatory burden, hurdles created by the distribution system, perception of safety and efficacy, and lack of focus by stakeholders on removing these roadblocks. In this paper, I analyze the source of these roadblocks and offer practical solutions to remove them. These efforts are needed to maximize the adoption of biosimilars to encourage the entry of 100+ biological molecules that can bring affordable healthcare direly missing today across the globe.Keywords: biosimilars, biosimilarity, development cost, regulatory planning, accessibility, affordability, FDA, EMA, WHO, MHRA
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spelling doaj.art-12c05f47effb4c97a92ee6154cd1ae1e2023-04-11T19:04:59ZengDove Medical PressClinicoEconomics and Outcomes Research1178-69812023-04-01Volume 1528129482958Biosimilars Adoption: Recognizing and Removing the RoadBlocksNiazi SKSarfaraz K Niazi College of Pharmacy, University of Illinois, Chicago, IL, 60612, USACorrespondence: Sarfaraz K Niazi, Tel +1-312-297-0000, Email niazi@niazi.comAbstract: Almost two decades since biosimilars arrived, we still await their broader adoption, as anticipated. The roadblocks to this adoption include the high amortized cost of goods due to regulatory burden, hurdles created by the distribution system, perception of safety and efficacy, and lack of focus by stakeholders on removing these roadblocks. In this paper, I analyze the source of these roadblocks and offer practical solutions to remove them. These efforts are needed to maximize the adoption of biosimilars to encourage the entry of 100+ biological molecules that can bring affordable healthcare direly missing today across the globe.Keywords: biosimilars, biosimilarity, development cost, regulatory planning, accessibility, affordability, FDA, EMA, WHO, MHRAhttps://www.dovepress.com/biosimilars-adoption-recognizing-and-removing-the-roadblocks-peer-reviewed-fulltext-article-CEORbiosimilarsbiosimilaritydevelopment costregulatory planningaccessibilityaffordabilityfdaemawhomhra
spellingShingle Niazi SK
Biosimilars Adoption: Recognizing and Removing the RoadBlocks
ClinicoEconomics and Outcomes Research
biosimilars
biosimilarity
development cost
regulatory planning
accessibility
affordability
fda
ema
who
mhra
title Biosimilars Adoption: Recognizing and Removing the RoadBlocks
title_full Biosimilars Adoption: Recognizing and Removing the RoadBlocks
title_fullStr Biosimilars Adoption: Recognizing and Removing the RoadBlocks
title_full_unstemmed Biosimilars Adoption: Recognizing and Removing the RoadBlocks
title_short Biosimilars Adoption: Recognizing and Removing the RoadBlocks
title_sort biosimilars adoption recognizing and removing the roadblocks
topic biosimilars
biosimilarity
development cost
regulatory planning
accessibility
affordability
fda
ema
who
mhra
url https://www.dovepress.com/biosimilars-adoption-recognizing-and-removing-the-roadblocks-peer-reviewed-fulltext-article-CEOR
work_keys_str_mv AT niazisk biosimilarsadoptionrecognizingandremovingtheroadblocks