2018
DOI: 10.1111/1756-185x.13295
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Estimation of cost savings between 2011 and 2014 attributed to infliximab biosimilar in the South Korean healthcare market: real‐world evidence using a nationwide database

Abstract: The introduction of infliximab biosimilar reduced direct medical costs for both patients and the payer, which could then be used to increase patient access to biologic medicines. The entry of infliximab biosimilar could result in further reductions in healthcare costs.

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Cited by 12 publications
(10 citation statements)
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“…In view of the relatively truncated development pathway with respect to that for the reference biologic, biosimilars offer potential savings on cost, and their adoption can expand patients' access to effective biologic therapy, potentially providing considerable health benefits from both a patient and a societal perspective [18][19][20][21][22][23]. Implementation of postmarketing pharmacovigilance or risk-management plans is frequently a key regulatory requirement of biosimilar manufacturers [24].…”
Section: Introductionmentioning
confidence: 99%
“…In view of the relatively truncated development pathway with respect to that for the reference biologic, biosimilars offer potential savings on cost, and their adoption can expand patients' access to effective biologic therapy, potentially providing considerable health benefits from both a patient and a societal perspective [18][19][20][21][22][23]. Implementation of postmarketing pharmacovigilance or risk-management plans is frequently a key regulatory requirement of biosimilar manufacturers [24].…”
Section: Introductionmentioning
confidence: 99%
“…In the Health Insurance Review and Assessment database from South Korea, drug codes for specific brand names are recorded but not released for research. As a result, researchers have presented information of biosimilars combined with respective reference biologics . Further advantages of administrative claims databases include reliable data on health care utilization outcomes, high generalizability due to inclusion of population‐based and often times nationally representative cohorts, and ease of access; however, a major limitation is the unavailability of data on important clinical measures such as disease activity scores, cancer staging, laboratory parameters, and other disease severity markers.…”
Section: Recommendations For Noninterventional Studies Of Reference Bmentioning
confidence: 99%
“…Such cost savings could significantly impact CT-P13 uptake and, consequently, healthcare budgets in many countries [11,38]. Direct medical costs for both patients and the payer were reduced following the introduction of biosimilar infliximab in the South Korean healthcare market, which could potentially be used to increase patient access to biologics [39]. Moreover, the introduction of infliximab biosimilars in the United Kingdom resulted in substantial cost-savings in the first 2 years of use [40], and considerable budget reductions are predicted for the roll out of infliximab biosimilars in other European countries [35,41].…”
Section: Ct-p13 Reference Infliximabmentioning
confidence: 99%