Biosimilars: What employers need to know

Published 4 Min Read

Earlier this month, Novartis’ Zarxio was the first biosimilar product approved in the United States, ushering in a new era for the drug industry, consumers and third parties who manage medical and drug benefits. The introduction of cheaper alternatives to relatively complex biologic drugs has created confusion over the U.S. Food and Drug Administration’s approval process and specialty-related product availability to be used or marketed.

Seen as a potentially less expensive alternative to Amgen’s Neupogen®, which boosts white blood cells to reduce infections in cancer patients, Zarxio is a “biosimilar.” Biosimilars are versions of biologics that are sufficiently similar to the more costly biologic drug, but not an identical match, as in the case of generics. Biosimilars are regarded as not having meaningful clinical differences with the brand-name biologic drugs they resemble.

Cheryl Larson
President and CEO

Cheryl Larson is president and CEO of the Midwest Business Group on Health. MBGH is a not-for-profit, 501(c)(3) educational and research organization of over 100 large, self-funded public and private … Read full bio

Randy Vogenberg
Principal

Randy Vogenberg is principal, The Institute for Integrated Healthcare.


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