At the 20th Biosimilars Medicines Conference held in April 2024, Aurelio Arias, Director of EMEA Thought Leadership at IQVIA, explored the risks and challenges associated with accessing cancer treatments involving biologicals and biosimilars [1].
The World Health Organization's (WHO) most recent projections suggest a staggering 77% surge in new cancer cases globally by 2050, compared to the approximate 20 million recorded in 2022 [2].
From the 2020 data on cancer incidence per 100,000 person and 5-year relative mortality (see Figure 1), the cancer types (solid tumour) with unmet needs are ovarian, liver, brain and pancreatic cancers. Other solid tumours with the highest incidence are breast and prostate. Lung and colorectal cancers have enjoyed falling mortality rate, with melanoma having the lowest incidence. The good news for breast and prostate cancers is that there are maturing biosimilars for patients, such as trastuzumab and bevacizumab.
Figure 1: Unmet need in oncology (global, US$)
The European prescription sales for oncology in 2023 were €307 billion, with 20% allocated to oncology. The growth rate for European oncology, averaging around 14% annually, underscores the rapid advancement and adoption of new therapies. Oncology is and will continue to be Europe's top therapeutic area.
By August 2023, both the European Medicines Agency (EMA) and the US Food and Drug Administration have approved 38 and 22 cancer biosimilars, respectively [2]. These biosimilars have undergone rigorous evaluation and have been deemed comparable to their reference biologic drugs in terms of safety, efficacy, and quality.
Arias noted that while new medicines are improving outcomes for cancer patients, the sales of innovative biologicals have doubled since 2020, see Figure 2, demonstrating their growing importance and successful market penetration and acceptance. However, this also indicates a growing financial burden on healthcare systems.
Figure 2: Biologicals are a driving force in European oncology Rx sales (2023, Eur bn)
The unmet need in oncology globally (quantified in USD) is substantial, requiring significant investment to address it. However, there is optimism as mortality rates are falling. Additionally, there is a trend of increasing budget allocations for cancer medicines, and the market is maturing with the introduction of biosimilars over the years.
Oncology is and will continue to be Europe's top therapeutic area. In 2023, the EMA has approved 25 new drugs for cancer treatment, four of which are innovative biologicals [3].
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References
1. 20th Biosimilars Medicines Conference, April 2024 Medicines for Europe. Future-proofing the Access Roadmap to The Next Wave of Cancer Medicines. Aurelio Arias.
2. GaBI Online - Generics and Biosimilars Initiative. Biosimilars in cancer treatment in Europe and the US [www.gabionline.net]. Mol, Belgium: Pro Pharma Communications International; [cited 2024 Aug 6]. Available from: www.gabionline.net/reports/biosimilars-in-cancer-treatment-in-europe-and-the-us
3. GaBI Online - Generics and Biosimilars Initiative. Highlights of EMA approvals in 2023 focus on cancer medicines [www.gabionline.net]. Mol, Belgium: Pro Pharma Communications International; [cited 2024 Aug 6]. Available from: www.gabionline.net/reports/highlights-of-ema-approvals-in-2023-focus-on-cancer-medicines
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