Wave Of Launches Boosts US Biosimilars Market

Range Of Discounts Seen As Multiple Competitors Face Off

A flurry of US biosimilar launches over the past few months has opened several molecules to true, multi-source competition, with a range of pricing strategies seen from competitors. However, some brands that already face biosimilar competition elsewhere in the world are still poised to enjoy a significant period of exclusivity in the US, such as AbbVie’s Humira.

Wave
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March 2020 represented the 10th anniversary of the US biosimilars framework, marking a decade since the then-US president Barack Obama signed into law the Biologics Price Competition and Innovation Act as part of the Affordable Care Act.

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