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Biosimilars Boosted By Australian Initiatives

Market Share Close To A Quarter Following Educational Efforts

 
• By Dave Wallace

Australia has reaped the rewards of outreach efforts on biosimilars, according to the country’s GBMA off-patent industry association, with the market share enjoyed by biosimilar medicines rising significantly in the two years since Australia’s government issued a grant for educational activities. In future, the GBMA’s Biosimilar Awareness Week could be used as the model for a global biosimilars campaign backed by the IGBA.

Growth
Australian biosimilars have been boosted by outreach efforts • Source: Shutterstock

Australia has seen significant benefits from educational activities on biosimilars, according to the country’s Generic and Biosimilar Medicines Association.

In the two years since Australia’s government issued a grant for educational activities, the GBMA said, “biosimilar medicines have seen an increase in uptake, from approximately 15.4% market share in 2018 to 23

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