New Canadian biosimilars resource
Health Canada has published a Handbook for health care professionals on biosimilar biologic drugs.
Biosimilars Canada has compiled a list of news stories from Canada and abroad about biosimilars that may be of interest to readers. These links to third-party websites are provided for informational purposes only, and do represent an endorsement from our organization. Biosimilars Canada’s statements and news releases are available here.
Health Canada has published a Handbook for health care professionals on biosimilar biologic drugs.
The use of oncology biosimilars has led to substantial annual savings in Ontario. In fiscal years 2020/21, 2021/22 and 2022/23, Ontario Health saved an estimated $53 million, $44 million, and $53 million, respectively.
The listing of generic and biosimilar medicines has largely helped to moderate the rise in rates, despite the increase in the number of insured individuals and the amount of drug consumption.
Although the adoption rate for biosimilar medicine is increasing in Quebec and Canada, sponsors of private drug insurance plans will not necessarily benefit from the expected savings unless they are extremely vigilant.
Health Canada has published a new biosimilar infographic on its website. This resource provides basic and concise information on biosimilars for patients.