Biosimilars could save the healthcare system billions
April 23, 2024
WASHINGTON EXAMINER
Cost Plus Drug Company CEO Mark Cuban recently pointed out that self-insured businesses could save over $70,000 per employee annually by getting their workers to switch from AbbVie’s blockbuster anti-inflammatory treatment Humira to a lower-cost biosimilar called Yusimry.
Humira has a list price of roughly $7,000 per month. Since it lost market exclusivity last year, nine nearly identical copycats have hit pharmacy shelves. A year’s supply of Yusimry costs the same as just one month of Humira.
Why doesn’t every employer in America follow Cuban’s advice? The answer has three letters: PBM.
Click to read the full article in the Washington Examiner.
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