Infliximab price wars

Biosimilars/News | Posted 04/12/2015 post-comment0 Post your comment

Merck has reportedly slashed the price of its blockbuster Remicade (Infliximab) in the UK in order to fight off growing competition from infliximab biosimilars.

Meds Cost Euros 1 V13L06

Merck is offering about £48 million (US$74 million) in rebates and discounts to the UK’s National Health Service (NHS) on £191 million (US$291.89 million) sales of Remicade.

Two months ago, Napp Pharmaceuticals (Napp), part of Mundipharma’s worldwide network of associated pharmaceutical companies that distributes Celltrion’s infliximab biosimilar Remsima across Europe and the UK [1], complained of slow uptake by the NHS for Remsima. ‘Data shows that uptake in the UK is less than 5% of the original brand,’ the company said in a statement. At the time, Napp’s Director of Market Access, Mr Andrew Roberts, said: ‘The NHS has missed out on significant cost savings over the past six months due to the lack of uptake of biosimilar infliximab; cost savings that are vital when the NHS is seeking over £20 billion [US$30.56 billion] in efficiency savings.’

Merck said in July 2015 that global sales of Remicade had dropped by 25% in the second quarter after biosimilars entered the market in Europe. According to Merck, their latest rebates compare favourably with discounts of between 25% and 30% which they say are being offered by Napp and Hospira on their infliximab biosimilars.

In a subsequent statement issued by Napp, the company said that the level of discounts that competitors have attributed to its products are not correct. A Napp spokesperson said it has offered Remsima to the NHS ‘at discounts of 40‒50% over the list price of Remicade, depending on the price agreed with each tendering region across the UK’. Apparently discounts rise to between 50% and 60% if money returned to the government through the Pharmaceutical Price Regulation Scheme (PPRS) is taken into account.

Related articles
Biosimilar infliximab offered to French hospitals at 45% discount

Huge discount on biosimilar infliximab in Norway

References
1.  GaBI Online - Generics and Biosimilars Initiative. Infliximab biosimilar to be distributed by Mundipharma [www.gabionline.net]. Mol, Belgium: Pro Pharma Communications International; [cited 2015 Dec 4]. Available from: www.gabionline.net/Biosimilars/News/Infliximab-biosimilar-to-be-distributed-by-Mundipharma

Permission granted to reproduce for personal and non-commercial use only. All other reproduction, copy or reprinting of all or part of any ‘Content’ found on this website is strictly prohibited without the prior consent of the publisher. Contact the publisher to obtain permission before redistributing.

Copyright – Unless otherwise stated all contents of this website are © 2015 Pro Pharma Communications International. All Rights Reserved.

comment icon Comments (0)
Post your comment
Related content
Canada approves pegfilgrastim biosimilar Armlupeg
Pegfilgrastim DrugBank V18K30
Biosimilars/News Posted 20/11/2024
FDA approves fifth ustekinumab biosimilar Imuldosa
11453696_l
Biosimilars/News Posted 13/11/2024
Most viewed articles
About GaBI
Home/About GaBI Posted 06/08/2009
EU guidelines for biosimilars
EMA logo 1 V13C15
Home/Guidelines Posted 08/10/2010