Pharmaceutical Processing World

  • Home
  • Regulatory
    • Recalls
  • Pharmaceutical Processing
  • Facility
  • Supply Chain
  • Equipment and Materials
  • Contract Manufacturing
  • Resources
    • Voices
  • Advertise
  • SUBSCRIBE

Report: Biosimilar Developers Forging Ahead

By Pharmaceutical Processing | August 6, 2013

The foundations of the biosimilar drug market continue to take shape as drugmakers move forward with their varied and evolving strategies for biosimilar pharmaceutical development, according to a new Fitch Ratings report.

The opportunities afforded by the nascent biosimilars market are significant as eight of the 20 best-selling pharmaceutical products in the world are biologics set to lose patent protection by 2020. Fitch expects the market for biosimilars to accelerate rapidly, particularly once the first of these products are launched in the U.S. — likely in 2015.

To date, few firms have demonstrated that they have sufficient financial resources, risk tolerance, and unique capabilities necessary to develop and commercialize biosimilars on their own. Consequently, many firms have partnered in their development of biosimilar drug development in order to share costs, mitigate risk, and leverage core competencies. Fitch expects most firms to continue the strategy of developing biosimilars within the context of corporate partnerships, at least through the early stages of the market’s formation.

Fitch expects market dynamics to materially benefit the first companies to successfully launch a biosimilar for a particular reference drug. Biosimilar drug products could conceivably capture 20%-40% of the market at a price only 20%-30% less than that of a particular reference drug. These figures compare to a near-100% market share gain and pricing discount of 70%-90% for traditional small molecule generics. However, first movers will bear costs and risks on behalf of all future biosimilar developers, including fleshing out the untested application process, educating physicians and payors, and resolving potential patent litigation.

The full report, ‘Trekking the Path to Biosimilars – Forging Ahead’ is available at ‘ www.fitchratings.com ‘. This is the third in a series of reports dedicated to the burgeoning global biosimilars market.

Related Articles Read More >

Great Point Partners logo.
Great Point Partners acquires majority stake in Eutecma to fuel sustainable cold chain growth
Driving success in fast-paced high-tech pharma construction projects
This is a photo of the Fujifilm Diosynth Biotechnologies plant under construction in Holly Springs, North Carolina.
Fujifilm, Regeneron ink $3B U.S. manufacturing agreement
This is the logo of Johnson & Johnson.
J&J breaks ground on $2B manufacturing facility in North Carolina
“ppw
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest news, technologies, and developments in Pharmaceutical Processing.

DeviceTalks Tuesdays

DeviceTalks Tuesdays

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
Pharmaceutical Processing World
  • Subscribe to our E-Newsletter
  • Contact Us
  • About Us
  • R&D World
  • Drug Delivery Business News
  • Drug Discovery & Development
  • DeviceTalks
  • MassDevice
  • Medical Design & Outsourcing
  • MEDICAL TUBING + EXTRUSION
  • Medical Design Sourcing
  • Medtech100 Index
  • R&D 100 Awards

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search Pharmaceutical Processing World

  • Home
  • Regulatory
    • Recalls
  • Pharmaceutical Processing
  • Facility
  • Supply Chain
  • Equipment and Materials
  • Contract Manufacturing
  • Resources
    • Voices
  • Advertise
  • SUBSCRIBE