TABLE 4.
Elements that should underpin sustainable biosimilar policy development over time.
Sustainable biosimilar policies should: | |||
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INITIALLY AND AT A MINIMUM | |||
1 | Ensure safe and high-quality medicines | Policies should ensure high quality medicines with robust and transparent evaluations, and monitoring systems to give confidence to patients and healthcare professionals |
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2 | Facilitate cost savings for healthcare providers | Policies should facilitate cost savings for healthcare systems to ensure long-term budget sustainability |
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3 | Ensure healthy levels of supply | Policies should minimise risks of supply shortage and ensure there is sufficient demand for biosimilars to avoid wastage or incentives to sell at unsustainable prices |
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4 | Maintain incentives for continued biologic research & innovation | Policies should ensure that sufficient incentives for manufacturers remain in place to ensure that there is continued research to launch new biologic products |
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AS BIOSIMILAR POLICY MATURES | |||
5 | Mitigate against biosimilar misconceptions | Policies should seek to address common concerns surrounding biosimilars to optimise uptake and ensure informed decision-making across all stakeholders |
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6 | Facilitate efficient & streamlined patient access | Policies should encourage streamlined access procedures without compromising safety to ensure eligible patients have unrestricted access to life-saving medicines |
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7 | Encourage multi-stakeholder decision-making | Policies should ensure that all key stakeholders (payers, physicians, pharmacists and patients) play a role within decision-making to optimise multi-stakeholder benefits |
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FINALLY TO ENSURE LONG-TERM SUSTAINABILITY | |||
8 | Facilitate sustainable levels of biosimilar competition | Policies should ensure that market competition is incentivised to ensure long-term predictable price levels, while delivering savings that may be reinvested |
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9 | Increase prescribing options for patients & healthcare professionals | Policies should encourage availability of multiple prescribing options to maintain flexibility in treatment regimens to address individualised patient needs |
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10 | Maintain predictable market functioning | Policies should ensure that market volatility is kept to a minimum and that policies are transparent to maintain attractivity of thes market |
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BENEFITS FOR:![]() ![]() ![]() ![]() ![]() |