Biosimilars may emerge as “winners of the pandemic” at the expense of novel biologics, according to Hungarian player Gedeon Richter, as payers and fiscal budgets “become stressed” and governments look to save costs in the wake of COVID-19.
Gedeon Richter Chief Makes Biosimilars Prophecy
As Company Discuss Sales Prospects For Coming Quarters
Gedeon Richter has high ambitions for biosimilars, recently penning a deal to bring in a tocilizumab biosimilar that is currently under development. During its first-quarter earnings call, the Hungarian company’s CEO gave his current thinking on how payers may treat biosimilars amidst the COVID-19 pandemic.
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Generics Bulletin previews the most noteworthy and anticipated events for May 2025.