Biosimilars are complex biological products made from living organism that include microorganisms such as bacteria and yeast, humans, and animals. These biological products are similar biological product also known as biological reference product, that have been approved by the U.S. Food Drug and Administration (USFDA). Biosimilars are compared with the biological reference products and licensed by the USFDA. Patent expiration of biological reference product is the key factor leading to development of biosimilars. These are composed of complex molecules such as monoclonal antibodies and human insulin. Advanced technologies are involved in the development and manufacturing of biosimilars that include monoclonal antibody (MAb) technology, nuclear magnetic resonance (NMR)technology, recombinant DNA (r-DNA) technology, electrophoresis and bioassays. Monoclonal antibody technology and bioassay are most significant technologies for the development and validation of biosimilars. Most of the biologics, such as monoclonal antibodies, anticoagulants, and vaccines are large molecules which need to be administered parenterally to achieve the desired therapeutic effects. These complex biosimilars are used in prevention and treatment of diabetes, multiple sclerosis, cancer, rheumatoid arthritis, inflammatory bowel diseases, low white blood cell count, anemia, infectious diseases, chronic kidney failure and other health conditions and offers cost effective treatment than other synthetic and biological drugs.
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Various regulatory authorities such as the USFDA and The European Medicine Agency (EMA) has established some regulatory guidelines for the safety, efficacy and quality standards of biosimilars and regulates the development and commercialization of biosimilars. The new developments in antibody drug conjugates, immunotherapies and gene and cell therapies, drives the growth of biosimilars market. The rapidly increasing burden of cancers, diabetes, anaphylaxis, multiple sclerosis, rheumatoid arthritis and other diseases further compels government organizations and healthcare providers to provide improved facilities for effective disease treatment, leading to rising number of launches of technologically advanced products, globally.
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Some of the key players in the global biosimilars market include Sandoz International GmbH, Pfizer Inc., Merck Serono (Merck Group) Teva Pharmaceuticals Industries Ltd., Biocon Ltd, Biogen Idec, Inc. Dr. Reddy’s Laboratories, Amgen Inc., Celltrion, Inc, F.Hoffmann-La Roche Ltd, Samsung Bioepis and Synthon Pharmaceuticals, Inc.
With respect to strategic developments, various new product launches and strategic alliances have been taking place in the patient positioning equipment market.
In October 2016, Pfizer launched Biosimilar INFLECTRA in the U.S. for the treatment of Crohn’s disease. Rheumatoid arthritis, active psoriatic arthritis and chronic severe plaque psoriasis.
In October 2016, Teva Pharmaceuticals Industries Ltd. announced partnership with celltrion, Inc. and Celltrion Healthcare for the commercialization of proposed Monoclonal Antibody (MAb) biosimilars to Rituxan and Herceptin in the U.S. and Canada. Rituxan is used in the treatment of rheumatoid arthritis, and chronic lymphatic leukemia whereas Herceptin is used in the treatment of breast cancer.
In February 2016, Sandoz, a Novartis company announced acquisition of rights for the development and commercialization of PF06438179(biosimilar infliximab) in the European Economic Area (EEA) from Pfizer. Infliximab is used in the treatment of rheumatoid arthritis.
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