Skip to main content
Log in

A Cross-National Comparison of Biosimilars Pricing in Argentina, Australia, Brazil, and Italy

  • Original Research
  • Published:
Therapeutic Innovation & Regulatory Science Aims and scope Submit manuscript

Abstract

Background

Biosimilar medicines are defined as biological products highly similar to an already licensed biological product (RP). The market entry of biosimilars is expected to reduce the costs of biological treatments.

Objective

This study aims to evaluate the range of differences between the prices of biosimilars and the corresponding RP for biologicals approved in four countries.

Method

This is a cross-national comparison of pricing of biosimilars in Argentina, Australia, Brazil, and Italy. The study examined online price databases provided by the national authorities of the investigated countries. Biosimilar price difference was calculated by subtracting the unit price of the biosimilar by the unit price of the RP, and then dividing it by the unit price of the RP. The results were presented as percentage.

Results

Brazil had the highest median price reduction (− 36.3%) in biosimilars price, followed by Italy (− 20.0%) and Argentina (− 18.6%). All the biosimilars in Italy were priced below the RP presenting a minimum reduction of 6.3%, while in Australia, most of the prices of biosimilars were equal to the RP. In Argentina, one infliximab-biosimilar displayed price above the RP (40.7%) while the lower priced brand had a reduction of 14.4%. Brazil had four biosimilars with prices above the respective RP, including isophane insulin (1), insulin glargine (1) and somatropin (2).

Conclusion

The study revealed a marked dispersion in the price’s differences between biosimilars and RP across the studied countries. Governments should evaluate whether their policies have been successful in improving affordability of biological therapies.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Figure 1

Similar content being viewed by others

Data availability

Data will be made available on request.

References

  1. United Nations Development Program. What are the sustainable development goals?. https://www.undp.org/sustainable-development-goals#good-health. Accessed 17 Mar 2023

  2. Organization for Economic Co-operation and Development. Pharmaceutical spending (indicator). https://data.oecd.org/healthres/pharmaceutical-spending.htm. Accessed 23 Jan 2023.

  3. World Health Organization. WHO guideline on country pharmaceutical pricing policies. 2nd ed. Geneva: World Health Organization; 2020.

    Google Scholar 

  4. World Health Organization. Pricing of cancer medicines and its impacts. Geneva: World Health Organization; 2018.

    Google Scholar 

  5. Laires PA, Exposto F, Mesquita R, Martins AP, Cunha-Miranda L, Fonseca JE. Patients’ access to biologics in rheumatoid arthritis: a comparison between Portugal and other European countries. Eur J Health Econ. 2013;14:875–85.

    Article  CAS  PubMed  Google Scholar 

  6. Peeters M, Planchard D, Pegram M, Gonçalves J, Bocquet F, Jang H. Biosimilars in an era of rising oncology treatment options. Future Oncol. 2021;17:3881–92.

    Article  CAS  PubMed  Google Scholar 

  7. IQVIA Institute for Human Data Science. Spotlight on Biosimilars—Optimising the sustainability of healthcare systems. 2021.

  8. Burisch J, Vardi H, Schwartz D, Friger M, Kiudelis G, Kupčinskas J, et al. Health-care costs of inflammatory bowel disease in a pan-European, community-based, inception cohort during 5 years of follow-up: a population-based study. Lancet Gastroenterol Hepatol. 2020;5:454–64.

    Article  PubMed  Google Scholar 

  9. World Health Organization. Guidelines on evaluation of biosimilars. WHO Expert Comm Biol Stand Seventy-Fifth Rep. Geneva: World Health Organization. 2022. https://apps.who.int/iris/handle/10665/362194.

  10. EMA. Biosimilar medicines: Overview. Eur. Med. Agency. 2018. https://www.ema.europa.eu/en/human-regulatory/overview/biosimilar-medicines-overview. Accessed 17 Nov 2022.

  11. Brodszky V, Baji P, Balogh O, Péntek M. Budget impact analysis of biosimilar infliximab (CT-P13) for the treatment of rheumatoid arthritis in six Central and Eastern European countries. Eur J Health Econ. 2014;15:65–71.

    Article  PubMed Central  Google Scholar 

  12. Gleeson D, Townsend B, Lopert R, Lexchin J, Moir H. Financial costs associated with monopolies on biologic medicines in Australia. Aust Health Rev. 2019;43:36.

    Article  PubMed  Google Scholar 

  13. Agirrezabal I, Sánchez-Iriso E, Mandar K, Cabasés JM. Real-world budget impact of the adoption of insulin glargine biosimilars in primary care in England (2015–2018). Diabetes Care. 2020;43:1767–73.

    Article  CAS  PubMed  Google Scholar 

  14. Barszczewska O, Piechota A. The impact of introducing successive biosimilars on changes in prices of adalimumab, infliximab, and trastuzumab—polish experiences. Int J Environ Res Public Health. 2021;18:6952.

    Article  CAS  PubMed  PubMed Central  Google Scholar 

  15. Kim Y, Kwon H-Y, Godman B, Moorkens E, Simoens S, Bae S. Uptake of biosimilar infliximab in the UK, France, Japan, and Korea: budget savings or market expansion across countries? Front Pharmacol. 2020;11:970.

    Article  CAS  PubMed  PubMed Central  Google Scholar 

  16. Barbier L, Mbuaki A, Simoens S, Declerck P, Vulto AG, Huys I. Regulatory information and guidance on biosimilars and their use across Europe: a call for strengthened one voice messaging. Front Med. 2022;9:820755.

    Article  Google Scholar 

  17. IQVIA Institute for Human Data Science. The impact of biosimilar competition in Europe. 2020.

  18. IQVIA Institute for Human Data Science. 15+ years of biosimilar experience in Europe—omnitrope case study. 2022.

  19. Vogler S. How large are the differences between originator and generic prices? Analysis of five molecules in 16 European countries. Farmeconomia Health Econ Ther Pathw. 2012;13:29–41.

    Article  Google Scholar 

  20. Moorkens E, Vulto AG, Huys I, Dylst P, Godman B, Keuerleber S, et al. Policies for biosimilar uptake in Europe: an overview. PLoS ONE. 2017;12:e0190147.

    Article  PubMed  PubMed Central  Google Scholar 

  21. World Bank. Current health expenditure (% of GDP)—Italy, Brazil, Colombia, Australia, Argentina. 2019. https://data.worldbank.org/indicator/SH.XPD.CHEX.GD.ZS?intcid=ecr_hp_BeltC_en_ext&locations=IT-BR-CO-AU-AR. Accessed 2 May 2023.

  22. Alnaqbi KA, Bellanger A, Brill A, Castañeda-Hernández G, Clopés Estela A, Delgado Sánchez O, et al. An international comparative analysis and roadmap to sustainable biosimilar markets. Front Pharmacol. 2023;14:1188368.

    Article  PubMed  PubMed Central  Google Scholar 

  23. Hasan SS, Kow CS, Dawoud D, Mohamed O, Baines D, Babar Z-U-D. Pharmaceutical policy reforms to regulate drug prices in the Asia Pacific region: the case of Australia, China, India, Malaysia, New Zealand, and South Korea. Value Health Reg Issues. 2019;18:18–23.

    Article  PubMed  Google Scholar 

  24. Vogler S. PPRI Pharma Brief: Italy 2021. Pharmaceutical pricing and reimbursement information (PPRI) pharma briefs series. Gesundheit Österreich (GÖG / Austrian National Public Health Institute). 2021 https://jasmin.goeg.at/1885/1/PPRI_Pharma_Brief_Italy_2021_final_bf.pdf. Accessed 2 May 2023.

  25. Ribeiro AA, Acosta A, Pontes MA, Machado Beltran MA, Peixoto RT, Leite SN. Transparency of data on the value chain of medicines in Argentina, Brazil, and Colombia. Front Pharmacol. 2023;13:1063300.

    Article  PubMed  PubMed Central  Google Scholar 

  26. ANMAT, Administración Nacional de Medicamentos, Alimentos y Tecnología Médica. Vademécum Nacional de Medicamentos. https://servicios.pami.org.ar/vademecum/views/consultaPublica/listado.zul.

  27. Agência Nacional de Vigilância Sanitária. Lista de preços de medicamentos. http://portal.anvisa.gov.br/listas-de-precos.

  28. Farmadati Italia. Banche Dati del Farmaco, Parafarmaco e Dispositivo Medico. https://www.farmadati.it/.

  29. Australian Government, Department of Health and Aged Care. Schedule of pharmaceutical benefits. https://www.pbs.gov.au/info/publication/schedule/archive. Accessed 13 May 2023.

  30. Acosta A, Basto S, Fonseca MF, Duran C, Vargas C, Rovira J. description of drug pricing and procurement information web portals in some Latin American Countries. Pharmacoeconomics Open Access. 2018. https://www.omicsonline.org/open-access/description-of-drug-pricing-and-procurement-information-web-portals-in-some-latin-american-countries-2472-1042-1000116-101781.html. Accessed 17 Mar 2023.

  31. Kakkar AK. Pharmaceutical price regulation and its impact on drug innovation: mitigating the trade-offs. Expert Opin Ther Pat. 2021;31:189–92.

    Article  CAS  PubMed  Google Scholar 

  32. Vogler S, Schneider P, Zuba M, Busse R, Panteli D. Policies to encourage the use of biosimilars in European countries and their potential impact on pharmaceutical expenditure. Front Pharmacol. 2021;12:625296.

    Article  PubMed  PubMed Central  Google Scholar 

  33. Vargas V, Rama M, Singh R. Pharmaceuticals in Latin America and the Caribbean Players, access, and innovation across diverse models. World bank. 2022. https://openknowledge.worldbank.org/server/api/core/bitstreams/353c099b-8aae-58f5-8a6d-c07eef593556/content. Accessed 17 Mar 2023.

  34. Australian Government, Department of Health and Aged Care. Fact sheet – Setting an approved ex-manufacturer price for new or extended listings. 2017. https://www.pbs.gov.au/info/industry/pricing/pbs-items/fact-sheet-setting-an-approved-ex-manufacturer-price#:~:text=Reference%20pricing%20is%20a%20Government,the%20PBAC%20as%20cost%2Dminimised. Accessed 16 Jun 2023.

  35. Australian Government, Department of Health and Aged Care. Pricing matters. 2023. https://www.pbs.gov.au/info/industry/pricing. Accessed 13 May 2023.

  36. Brasil, Câmara de Regulação do Mercado de Medicamentos. Comunicado no 09, de 10 de agosto de 2016. Divulga decisão do CTE sobre os critérios de precificação de medicamentos biológicos não novos. https://www.gov.br/anvisa/pt-br/assuntos/medicamentos/cmed/legislacao/arquivos/arquivos/6078json-file-1. Accessed 17 Mar 2023.

  37. dos Dias LLS, dos Santos MAB, Pinto CDBS. Regulação contemporânea de preços de medicamentos no Brasil - uma análise crítica. Saúde Em Debate. 2019;43:543–58.

    Article  Google Scholar 

  38. Miziara NM, Coutinho DR. Problems in the regulatory policy of the drug market. Rev Saúde Pública. 2015. https://doi.org/10.1590/S0034-8910.2015049005779.

    Article  PubMed  PubMed Central  Google Scholar 

  39. de Souza CMA, Paranhos J, Hasenclever L. Comparativo entre preço máximo ao consumidor de medicamentos e preços praticados na internet no Brasil: desalinhamentos e distorções regulatórias. Ciênc Saúde Coletiva. 2021;26:5463–80.

    Article  Google Scholar 

  40. IQVIA Institute for Human Data Science. Advancing biosimilar sustainability in Europe—a multi-stakeholder assessment. 2018.

  41. Abdel Rida N, Mohamed Ibrahim MI, Babar Z-U-D, Owusu Y. A systematic review of pharmaceutical pricing policies in developing countries. J Pharm Health Serv Res. 2017;8:213–26.

    Article  Google Scholar 

  42. Moye-Holz D, Vogler S. Comparison of prices and affordability of cancer medicines in 16 countries in Europe and Latin America. Appl Health Econ Health Policy. 2022;20:67–77.

    Article  PubMed  Google Scholar 

  43. Luukkanen SV, Tolonen HM, Airaksinen M, Saarukka LSM. The price and market share evolution of the original biologics and their biosimilars in finland. BioDrugs. 2022;36:537–47.

    Article  CAS  PubMed  PubMed Central  Google Scholar 

  44. Ferrario A, Dedet G, Humbert T, Vogler S, Suleman F, Pedersen HB. Strategies to achieve fairer prices for generic and biosimilar medicines. BMJ. 2020. https://doi.org/10.1136/bmj.l5444.

    Article  PubMed  Google Scholar 

  45. Convertino I, Lucenteforte E, Gini R, Lorenzoni V, Cazzato M, Turchetti G, et al. Utilisation patterns and clinical impact of the introduction of infliximab-biosimilar in Tuscany, Italy: real world evidence following the recommendation of switching for non-medical reasons. Clin Exp Rheumatol. 2021;39:753–62.

    Article  PubMed  Google Scholar 

  46. Brian G, Biljana T, Eleonora A, Magdalene W, Stuart M, Amanj K, et al. Biosimilars are essential for sustainable healthcare systems; however, key challenges remain as seen with long-acting insulin analogues. J Appl Pharm Sci. 2022. https://doi.org/10.7324/JAPS.2022.120306.

    Article  Google Scholar 

Download references

Funding

No funding was received to conduct this research.

Author information

Authors and Affiliations

Authors

Contributions

The study was conceptualized and designed by FLSM and LCL. All authors participated in data collection and analysis for at least one country. Argentina: MC, MAU and GHM; Australia: LP; Brazil: FCA and FLSM; Italy: IC, MB, MT and UK. Data collected was further compiled by FLSM. The first draft of the manuscript was written by FLSM and revised by the other authors. All authors read and approved the final version of the manuscript.

Corresponding author

Correspondence to Luciane Cruz Lopes.

Ethics declarations

Conflict of interest

The authors have no conflict of interests to declare.

Additional information

Publisher's Note

Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Rights and permissions

Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law.

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

da Silva Machado, F.L., Cañás, M., Urtasun, M.A. et al. A Cross-National Comparison of Biosimilars Pricing in Argentina, Australia, Brazil, and Italy. Ther Innov Regul Sci 58, 549–556 (2024). https://doi.org/10.1007/s43441-024-00623-8

Download citation

  • Received:

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s43441-024-00623-8

Keywords

Navigation