Cigna to offer Humira rivals with $0 copay at specialty pharmacy
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[April 26, 2024]
By Patrick Wingrove and Amina Niasse
(Reuters) - Cigna plans to make close copies of AbbVie's blockbuster
arthritis drug Humira available with no out-of-pocket payment to
eligible patients in the U.S. using its specialty pharmacy beginning in
June, the health insurer said on Thursday.
Cigna said it will stock high- and low-concentration biosimilar versions
of Humira from drugmakers including Boehringer Ingelheim, Teva and
Alvotech at its Accredo pharmacy.
"Not all biosimilars are created equal," Matt Perlberg, president of
Cigna's Evernorth Health Services' pharmacy and care delivery
businesses, said in an interview. "We know that patients need options,
and we wanted to make sure that we offer the right experience, level of
clinical care, and affordability for as many eligible patients as
possible."
Unlike easy to manufacture pills that can be copied and sold as generics
at a huge discount once patents lapse, complex biologic medicines made
from living cells cannot be exactly duplicated. Their close alternatives
are called biosimilars.
Despite nine biosimilars being launched in the U.S. last year, AbbVie
has held onto more than 98% of the Humira market. Privately-held German
drugmaker Boehringer launched its version, Cyltezo, last July but has
only managed to sell a couple thousand prescriptions in total since
then, according to IQVIA data.
Almost 3 million Humira prescriptions have been written during the same
period, although tens of thousands of scripts have started to shift to
biosimilar Hyrimoz each week since CVS Health’s pharmacy benefits unit
took Humira off the list of drugs it recommends insurers reimburse.
Hyrimoz is made by Switzerland's Sandoz.
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Signage for Cigna is pictured at a health facility in Queens, New
York City, U.S., November 30, 2021. REUTERS/Andrew Kelly/File Photo
Cyltezo and Simlandi, from Israel's
Teva and Iceland's Alvotech, are designated as interchangeable,
meaning they can be substituted for the original without consulting
the prescriber.
Simlandi, which was approved in the U.S. in February, is the only
interchangeable biosimilar of Humira that also comes in a
high-concentration dose.
AbbVie’s high-concentration version of Humira makes up close to 90%
of its sales in the United States.
Cigna said these biosimilars will be priced at about 85% lower than
the $6,922.62 monthly list price of Humira, and that it had made
agreements with the manufacturers as well as its distributor
Quallent to bring the out-of-pocket cost down to $0.
The company said the move should save around $3,500 on average per
year for some of the 100,000 Accredo patients currently using either
Humira or one of its biosimilars. Perlberg did not provide an
estimate for how many patients they anticipate switching.
"Different patients adopt products at different times," said
Perlberg.
(Reporting by Patrick Wingrove and Amina Niasse in New York; editing
by Caroline Humer and Michael Erman)
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