Samsung Bioepis Breaks Down Biosimilar Experiences In Europe And US

'Both Markets Require Rigorous Standards For Approval'

Samsung Bioepis reiterated that the US pharma market is “the most fragmented and the most complicated market in the world” as it discussed its biosimilar fortunes in Europe.

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Samsung Bioepis has launched five biosimilars in Europe • Source: Shutterstock

Adoption rates for biosimilars launched in Europe by Samsung Bioepis have “reached about 80%-90% over the span of three-to-four years,” far above what is currently possible in the US, the Korean firm has underlined, spurred on by radically different “incentives supported by the healthcare system and governments.”

Recently, Samsung Bioepis began rolling out in Europe its biosimilar Avastin (bevacizumab), which has been approved under both the Aybintio and Onbevzi names

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