php316 exploring biosimilar market access … · ispor europe 2018, 10-14 november, barcelona,...

1
EXPLORING BIOSIMILAR MARKET ACCESS CONSIDERATIONS ACROSS EUROPE Introduction/objective Results Foxon G 1 , Paul Craddy 2 , Walker L 1 1 Remap Consulting, Cheshire, United Kingdom, 2 Remap Consulting, Zug, Switzerland, ISPOR Europe 2018, 10-14 November, Barcelona, Spain PHP316 Methods The research incorporated insights gathered through a targeted secondary literature review across 15 European markets, which identified relevant recent biosimilar publications and country-specific biosimilar policy documentation. Supplementary payer research across was also conducted to address any evidence gaps in payer decision-making. Key factors were assessed including, stakeholder roles, decision-drivers and pricing and market access requirements, which allowed us to identify clear payer archetypes across countries and critical success factors for biosimilar launch. Discussion and conclusions Through comparing and contrasting stakeholder roles (Table 1), decision-drivers (Table 2) and access requirements (Figure 1), 4 distinct payer archetypes were identified: single-country tender, regional contracting/ tendering, local (hospital contracting/tendering) and retail. The assessment allowed for critical success factors to be defined in terms of strategies/ tactics that pharmaceutical companies ‘should and shouldn’t do’. Table 1: Stakeholder influence on access by payer archetype Stakeholder influence on access Payer Archetypes Single- country tender Regional contracting/ tendering Local (hospital) contracting/ tendering Retail National body (PMA) Regional body Hospital procurement Hospital pharmacist P&T committee Hospital specialist Retail pharmacist Retail prescriber Biosimilars are becoming more widely available across Europe, with many payers at each level involved in decision-making regarding their market access. Despite recognition of the benefits of biosimilars (reducing cost of treatment thus freeing up resources to treat more patients, maximising health care outcomes and enabling cost savings to support new innovation) decision-making and access processes are still finding their place within each country’s healthcare system. This study investigates the local market access needs of European countries in relation to biosimilars, in order to identify and understand the key criteria which currently drive payer decision making. Although European payers welcome biosimilars, differences in their assessments and access requirements mean that pharmaceutical companies need to adapt their access approaches in order to support positive access decisions. The use of payer archetypes can help in the development of effective, tailored local market access strategies. Recognising the combination of relevant payer archetypes within each country and the strategies and tactics which may be used to leverage key decision-makers can further add further granularity to local access plans. Highly tailored local access strategies could support many components of the access process such as, successful interactions with key stakeholders, identification of ideal value proposition for negotiations (i.e. product value levers vs use of price as a lever), reducing focus on price to ensure ‘sustainability’, optimal contracting arrangements with regional/ local payers and optimal tender wins or tender shares. References 1 Statens legemiddelverk Norwegian Medicines Agency. Tenk pris ved forskrivning av veksthormon 2 NHS England, Commissioning Statement for biologic medicines (including biosimilar medicines). Published September 12 th 2017 3 Enrico Adriano Raffaelli, FaustoMassimino; Reference Biological Medicines (‘originators’) and ‘biosimilars’: Competition and Patient Protection. Italian Antitrust Review 4 Medicines for Europe; Biosimilar Medicines Market Review 2017 Payer archetype Pricing and Access requirements Figure 1: Differences in key access requirements across payer archetypes Country example 1 2 3 4 Table 2: Decision-drivers by payer archetype Decision-driver influence on access Payer Archetypes Single- country tender Regional contracting/ tendering Local (hospital) contracting/ tendering Retail List price Net price Product value Tenders Gain-share agreements* Usage guidelines Biosimilar prescription quotas *Decision-driver relevant for specific payer archetypes and countries (UK and France) only Figure 2: Example ‘critical success factors’ by payer archetype References represent examples of countries which fit into each archetype Payer archetype ‘Should do’ ‘Shouldn’t do’ Single-country tender Ensure net pricing strategy takes into account competitive environment Learn from competitor ‘good practise’ (purchasing/ procurement systems) Rely on tender win alone to drive uptake Discount net price to a level which jeopardises profitability Regional contracting/ tendering Map tender landscape Target late adopters Price for one tender Risk loss of credibility by overpromising across regions Local (hospital) contracting/ tendering Engage early and often Optimise value proposition by emphasising additional services Target early adopters Use complex outcomes based contracting agreements Retail Check for list price flexibility Target initiating specialists leading treatment choice Reduce list price to detriment of reference pricing Disregard pharmacy switching guidelines Single-country tender Regional contracting/ tendering Local (hospital) contracting/ tendering Retail National payers are the primary decision-maker; price is the main decision driver particularly in winner-takes-all tenders Price is a key driver but as many tenders are not ‘winner takes all’, other product value attributes, such as device design are also taken into account In addition to price as a priority driver, specialists are a key stakeholder, with clinical data an important driver Multiple stakeholders play a role in retail pharmacy markets where treatment is initiated by a hospital specialist but continued in primary care

Upload: others

Post on 06-Oct-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: PHP316 EXPLORING BIOSIMILAR MARKET ACCESS … · ISPOR Europe 2018, 10-14 November, Barcelona, Spain . PHP316. Methods The research incorporated insights gathered through a targeted

EXPLORING BIOSIMILAR MARKET ACCESS CONSIDERATIONS ACROSS EUROPE

Introduction/objective

Results

Foxon G1, Paul Craddy2, Walker L11Remap Consulting, Cheshire, United Kingdom, 2Remap Consulting, Zug, Switzerland,

ISPOR Europe 2018, 10-14 November, Barcelona, Spain

PHP316

Methods The research incorporated insights gathered through a targeted secondary

literature review across 15 European markets, which identified relevant recentbiosimilar publications and country-specific biosimilar policy documentation.

Supplementary payer research across was also conducted to address anyevidence gaps in payer decision-making.

Key factors were assessed including, stakeholder roles, decision-drivers andpricing and market access requirements, which allowed us to identify clear payerarchetypes across countries and critical success factors for biosimilar launch.

Discussion and conclusions

Through comparing and contrasting stakeholder roles (Table 1), decision-drivers (Table 2) and access requirements (Figure 1), 4 distinct payer archetypes were identified:single-country tender, regional contracting/ tendering, local (hospital contracting/tendering) and retail. The assessment allowed for critical success factors to be defined interms of strategies/ tactics that pharmaceutical companies ‘should and shouldn’t do’.

Table 1: Stakeholder influence on access by payer archetype

Stakeholder influence on access

Payer Archetypes Single-country tender

Regional contracting/

tendering

Local (hospital) contracting/

tendering Retail

National body (PMA)Regional body

Hospital procurementHospital pharmacist

P&T committeeHospital specialist

Retail pharmacist Retail prescriber

Biosimilars are becoming more widely available across Europe, with many payersat each level involved in decision-making regarding their market access.

Despite recognition of the benefits of biosimilars (reducing cost of treatment thusfreeing up resources to treat more patients, maximising health care outcomesand enabling cost savings to support new innovation) decision-making and accessprocesses are still finding their place within each country’s healthcare system.

This study investigates the local market access needs of European countries inrelation to biosimilars, in order to identify and understand the key criteria whichcurrently drive payer decision making.

Although European payers welcome biosimilars, differences in their assessments and access requirements mean that pharmaceutical companies need to adapt their accessapproaches in order to support positive access decisions.

The use of payer archetypes can help in the development of effective, tailored local market access strategies. Recognising the combination of relevant payer archetypes within each country and the strategies and tactics which may be used to leverage key decision-makers can further

add further granularity to local access plans. Highly tailored local access strategies could support many components of the access process such as, successful interactions with key stakeholders, identification of ideal

value proposition for negotiations (i.e. product value levers vs use of price as a lever), reducing focus on price to ensure ‘sustainability’, optimal contracting arrangementswith regional/ local payers and optimal tender wins or tender shares.

References1 Statens legemiddelverk Norwegian Medicines Agency. Tenk pris ved forskrivning av veksthormon2NHS England, Commissioning Statement for biologic medicines (including biosimilar medicines). Published September 12th 20173Enrico Adriano Raffaelli, FaustoMassimino; Reference Biological Medicines (‘originators’) and ‘biosimilars’: Competition and Patient Protection. Italian Antitrust Review4Medicines for Europe; Biosimilar Medicines Market Review 2017

Payer archetype Pricing and Access requirements

Figure 1: Differences in key access requirements across payer archetypes

Country example

1

2

3

4

Table 2: Decision-drivers by payer archetype

Decision-driver influence on access

Payer Archetypes Single-country tender

Regional contracting/

tendering

Local (hospital) contracting/

tendering Retail

List price Net price

Product value

TendersGain-share

agreements*Usage guidelines

Biosimilar prescription quotas

*Decision-driver relevant for specific payer archetypes and countries (UK and France) only

Figure 2: Example ‘critical success factors’ by payer archetype

References represent examples of countries which fit into each archetype

Payer archetype ‘Should do’ ‘Shouldn’t do’

Single-country tender

• Ensure net pricing strategy takes into account competitive environment

• Learn from competitor ‘good practise’ (purchasing/ procurement systems)

• Rely on tender win alone to drive uptake

• Discount net price to a level which jeopardises profitability

Regional contracting/

tendering• Map tender landscape• Target late adopters

• Price for one tender • Risk loss of credibility by

overpromising across regionsLocal (hospital)

contracting/ tendering

• Engage early and often • Optimise value proposition by

emphasising additional services

• Target early adopters• Use complex outcomes based

contracting agreements

Retail• Check for list price flexibility • Target initiating specialists

leading treatment choice

• Reduce list price to detriment of reference pricing

• Disregard pharmacy switching guidelines

Single-country tender

Regional contracting/

tendering

Local (hospital) contracting/

tendering

Retail

National payers are the primary decision-maker; price is the main decision driver particularly in

winner-takes-all tenders Price is a key driver but as many tenders are not ‘winner takes all’, other product value attributes, such as device design are also taken into account

In addition to price as a priority driver, specialists are a key stakeholder, with clinical data an

important driver

Multiple stakeholders play a role in retail pharmacy markets where treatment is initiated by a hospital

specialist but continued in primary care