Since 2014
From generic to biosimilar drugs: why take an innovative pace?
Farmeconomia
View Archive Info| Field | Value | |
| Title |
From generic to biosimilar drugs: why take an innovative pace?
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| Creator |
Barei, Fereshteh
Le Pen, Claude Simoens, Steven |
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| Subject |
Health economics
Generic Industry; Biosimilar; Product Innovation; Biobetter |
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| Description |
BACKGROUND: The transition of the generic/biotechnology industry to innovation by investing in innovative R&D will enhance business expertise in biopharmaceutical development and manufacturing. The major impact of this evolution is on patient access to treatment and savings for the health care systems. OBJECTIVES: The aim of this paper is to investigate the innovative aspect of biosimilar and biobetter products, manufactured by some big generic companies. We will also try to explore the innovative business strategy, implementing this high risk product differentiation policy. METHODS: This qualitative research is conducted by a series of interviews with CEOs, physicians, and academics in different countries. The qualitative data obtained were analyzed by Nvivo9.2 software. A literature review has also contributed to our key findings. RESULTS: The results show that switching into biosimilars/biobetters is an innovative strategic choice, approved by some big generic pharmaceutical companies. The biosimilar/biobetter products can be considered innovative because of their value added quality. CONCLUSION: Expanding the product portfolio to biosimilars/biobetter can be considered as a long run strategy in the innovative business plans aiming to ensure the market access. Patients and their access to better treatments are major components of these innovative business models.
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| Publisher |
SEEd Medical Publishers
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| Contributor |
—
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| Date |
2012-12-05
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
text/html
application/pdf |
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| Identifier |
https://journals.edizioniseed.it/index.php/FE/article/view/328
10.7175/fe.v13i3S.328 |
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| Source |
Farmeconomia. Health economics and therapeutic pathways; Vol 13, No 3S (2012): Generic and biosimilar medicines; 21-27
2240-256X 1721-6915 |
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| Language |
eng
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| Relation |
https://journals.edizioniseed.it/index.php/FE/article/view/328/560
https://journals.edizioniseed.it/index.php/FE/article/view/328/561 |
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| Coverage |
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| Rights |
Copyright (c) 2012 Farmeconomia. Health economics and therapeutic pathways
http://creativecommons.org/licenses/by-nc/4.0 |
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