Oncobiologics and Premier make biosimilars deal

Generics and biosimilars Initiative

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Oncobiologics and Premier make biosimilars deal

INICIO/Noticias Farmacéuticas | Posted 25/03/2016 0

US biotechnology company Oncobiologics and healthcare performance improvement alliance Premier announced on 3 March 2016 that they had entered into a collaboration aimed at increasing the use of biosimilars.

The aim of the deal is ‘to accelerate the industry’s understanding of high quality, cost-efficient biosimilars and advance the adoption of these complex drugs’. Oncobiologics has also entered into an agreement with Premier’s real-world research and analytics division, Premier Research Services, to leverage the scale, expertise, and integrated quality and cost information across Premier’s alliance of approximately 3,600 US hospitals. Premier and Oncobiologics will also conduct analyses to advise decision-making at Oncobiologics regarding market dynamics.

Oncobiologics is currently developing a portfolio of eight monoclonal antibody biosimilars. Its most advanced biosimilars are ONS-3010 (adalimumab) and ONS-1045 (bevacizumab), both of which have successfully completed phase I trials [1]. The company expects to start phase III trials for these biosimilars during 2016. Other biosimilar candidates in Oncobiologics pipeline include biosimilar versions of Erbitux (cetuximab), Herceptin (trastuzumab) and Rituxan (rituximab) [2].

According to Premier, biological and other specialty drugs are projected to account for 50% of total US drug expenditures by 2018 even though just 1–3% of the population uses these therapies.

Permier and Oncobiologics also say that they will work closely to inform providers, prescribers and the public sector on complexities involved in bringing biosimilars to market.

Source: Premier

References
1. GaBI Online - Generics and Biosimilars Initiative. Adalimumab biosimilar meets primary endpoints in first clinical study [www.gabionline.net]. Mol, Belgium: Pro Pharma Communications International; [cited 2016 Mar 25]. Available from: www.gabionline.net/Biosimilars/Research/Adalimumab-biosimilar-meets-primary-endpoints-in-phase-I-study
2. GaBI Online - Generics and Biosimilars Initiative. Oncobiologics and Viropro make biosimilar deal [www.gabionline.net]. Mol, Belgium: Pro Pharma Communications International; [cited 2016 Mar 25]. Available from: www.gabionline.net/Biosimilars/News/Oncobiologics-and-Viropro-make-biosimilar-deal

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