New Proposed European Commission Pharmaceutical Regulation – Potential Changes and Impact on Biosimilars
Author(s)
Yap B1, Watts M2
1Decisive Consulting, Croydon, UK, 2Decisive Consulting, Reading, UK
Presentation Documents
OBJECTIVES: To review the implications of the proposed changes in the European Union (EU) Commission pharmaceutical legislation and the impact on manufacturers of biosimilar medicines.
METHODS: We will review the EU pharmaceutical legislation and compare the implications of the new legislation and how these changes affect biosimilar drugs.
RESULTS: Comparing the current biosimilar environment vs. the new legislation, where evidence submission for bioequivalence will be abolished. The bolar exemption covers all studies and trials for marketing authorisation, healthcare technology assessment, pricing and reimbursement. The risk management plan is also no longer necessary if there are no additional risk mitigation measures available for the reference product, resulting in less cost overall post-marketing authorisation for biosimilars.
CONCLUSIONS: Under the new EU legislation, biosimilars are able to enter the market sooner due to shorter Regulatory Data Protection exclusivity and a less costly post-marketing authorisation.
Conference/Value in Health Info
Value in Health, Volume 26, Issue 11, S2 (December 2023)
Code
HPR151
Topic
Health Policy & Regulatory, Health Technology Assessment
Topic Subcategory
Coverage with Evidence Development & Adaptive Pathways, Decision & Deliberative Processes
Disease
Drugs, No Additional Disease & Conditions/Specialized Treatment Areas