Biosimilar uptake in public hospitals: NHS Hospitals

By Staff Writer

January 25, 2023

The Role of Time in Biosimilar Uptake

Biosimilars are gaining traction in the healthcare industry, with their use reaching 50% or more in public hospitals within three years of their first introduction. However, the uptake of these medical products varies greatly, with some hospitals fully embracing biosimilars, while others show little to no use. This article explores the uptake of biosimilars in public hospitals, providing an in-depth analysis based on recent research.

In the last decade, health systems have been challenged by the market entry of new drugs with high prices. In 2021 biologic drugs accounted for 78.6 billion euros in spending, and 34% of drug expenditures in Europe. Among these, 80% of the main nine therapy classes were exposed to biosimilar competition. This longitudinal analysis of Portuguese NHS hospitals shows that if all NHS hospitals had biosimilar shares equal to the highest ones, potential annual savings could reach 13.9 million euros.

Factors Influencing Biosimilar Adoption

Several factors influence the adoption of biosimilars in public hospitals. These include the type of drug, the hospital’s relationship with pharmaceutical companies, and the hospital’s financial situation. Interestingly, hospitals with higher debts were not more likely to adopt biosimilars, contrary to expectations. Time plays a crucial role in the adoption of biosimilars. As physicians and patients gain experience with these treatments, their use tends to increase. This trend suggests that education and communication efforts could significantly influence biosimilar uptake.

Despite the potential savings that biosimilars offer, their adoption in academic and large hospitals is slower than expected. This finding suggests a need for stronger management, communication, and educational efforts to promote biosimilar uptake in public hospitals. 

Reference url

Recent Posts

lenacapavir HIV PrEP access
    

Global Health Partnerships Unite to Expand Access to Lenacapavir for HIV Prevention

💉 How can we ensure equitable access to HIV prevention methods like lenacapavir?

A recent initiative from the Global Fund, supported by key global health organizations, aims to provide affordable access to this new HIV pre-exposure prophylaxis medication.

With a goal to reach 2 million individuals over three years, this coordinated effort seeks to drastically cut HIV infections and align with our commitment to ending AIDS by 2030.

Explore the details of this impactful collaboration and how it could transform HIV prevention.

#SyenzaNews #globalhealth #HealthcareInnovation #MarketAccess

antimicrobial resistance africa
     

Africa’s Health Crisis: Antimicrobial Resistance and Mpox Outbreak

🌍 Are we prepared to tackle the hidden pandemic of antimicrobial resistance (AMR) in Africa?

With AMR rapidly becoming a dominant health crisis, it’s critical to understand its impact on our healthcare systems and most vulnerable populations.

The Africa CDC highlights the urgent need for substantial investment and coordinated responses to combat this escalating threat, alongside the ongoing Mpox outbreak.

Discover the pressing challenges and potential solutions in our latest article.

#SyenzaNews #GlobalHealth #HealthcareInnovation #AntimicrobialResistance #PublicHealth

BioSapien cancer drug delivery
    

BioSapien Innovative Cancer Drug Delivery Solutions

🌟 How is innovation in drug delivery shaping the future of cancer treatment? 🌟

Discover how UAE-based BioSapien is transforming the healthcare landscape with the MediChip™ platform, securing $5.5 million in pre-Series A funding to enhance cancer care.

This innovative solution promises to minimise side effects and improve treatment outcomes for patients, fully embracing the potential of biotechnology in the fight against cancer.

Read more about BioSapien’s journey and its impact on global health!

#SyenzaNews #biotechnology #oncology #innovation #HealthTech

When you partner with Syenza, it’s like a Nuclear Fusion.

Our expertise are combined with yours, and we contribute clinical expertise and advanced degrees in health policy, health economics, systems analysis, public finance, business, and project management. You’ll also feel our high-impact global and local perspectives with cultural intelligence.

SPEAK WITH US

CORRESPONDENCE ADDRESS

1950 W. Corporate Way, Suite 95478
Anaheim, CA 92801, USA

© 2024 Syenza™. All rights reserved.