Lucky Jha
ABESIT
Crossings Republik, Ghaziabad, Uttar Pradesh 201009
luckyjha200405@gmail.com
Abstract
Biosimilars have emerged as critical therapeutic alternatives to innovative biologics, promising increased patient access and reduced healthcare costs. However, their market entry is intricately shaped by evolving regulatory frameworks. This study examines the influence of regulatory changes on the market entry strategies adopted by biosimilar developers. Through a detailed literature review, statistical analysis, and empirical evidence, the manuscript identifies key regulatory shifts and evaluates how these changes affect strategic decisions, including pricing, market positioning, and competitive dynamics. The findings reveal that clear regulatory guidelines, harmonized standards, and expedited approval processes significantly enhance market entry, while regulatory uncertainties act as barriers. The paper concludes by proposing actionable strategies for biosimilar companies to navigate regulatory challenges and suggests directions for future research in this evolving domain.
Keywords
Biosimilars; Regulatory Changes; Market Entry Strategies; Biopharmaceuticals; Healthcare Policy
References
- https://www.google.com/url?sa=i&url=https%3A%2F%2Flink.springer.com%2Fchapter%2F10.1007%2F978-981-97-3001-8_14&psig=AOvVaw3-PQmDxl7TXa0I4tQgrRps&ust=1740589630020000&source=images&cd=vfe&opi=89978449&ved=0CBQQjRxqFwoTCJDilPan34sDFQAAAAAdAAAAABAR
- https://www.google.com/url?sa=i&url=https%3A%2F%2Fwww.researchgate.net%2Ffigure%2FComponents-of-a-typical-regulatory-framework-adapted-from-WHO-2010_fig5_257652377&psig=AOvVaw1TEW-8x8bV5uoEdN2anzJU&ust=1740589394595000&source=images&cd=vfe&opi=89978449&ved=0CBQQjRxqFwoTCMDFy_am34sDFQAAAAAdAAAAABAR
- European Medicines Agency. (2006). Guideline on Similar Biological Medicinal Products. EMA.
- S. Food and Drug Administration. (2010). Scientific Considerations in Demonstrating Biosimilarity to a Reference Product. FDA.
- Blackstone, E., & Fuhr, J. P. (2013). The economics of biosimilars. BioDrugs, 27(4), 287–293.
- Reichert, J. M. (2012). Trends in the development of biosimilar antibodies. Nature Biotechnology, 30(9), 838–839.
- Grabowski, H. G. (2014). Biosimilars: A review of their development, market potential, and impact on the US healthcare system. Journal of Health Economics, 33, 45–56.
- Weise, M., Bielsky, M.-C., De Smet, K., et al. (2012). Biosimilars – What clinicians should know. European Journal of Internal Medicine, 23(6), 529–533.
- Jarow, J. P., Dhar, S., & Wojnowski, L. (2013). Impact of biosimilar competition on pharmaceutical innovation and patient access. Clinical Therapeutics, 35(3), 305–317.
- McBride, A., Martyn, G., & Chang, K. (2011). The future of biosimilars: Regulatory perspectives. BioPharm International, 24(2), 18–23.
- Gupta, A., & De, C. (2011). A roadmap for biosimilar market entry: Strategies and regulatory challenges. Journal of Pharmaceutical Sciences, 100(10), 4315–4323.
- Lamb, Y. N. (2015). Biosimilar monoclonal antibodies: Current status and future prospects. Expert Review of Clinical Pharmacology, 8(2), 211–225.
- Swanson, S. A., & Schroeder, R. D. (2012). Challenges in the regulation and development of biosimilars. Journal of Clinical Oncology, 30(18), 2223–2228.
- Stangler, T., & Singh, A. (2014). Regulatory harmonization for biosimilars in the global market: A review. International Journal of Biotechnology, 16(3), 350–357.
- O’Connor, K. L., & Dolin, R. (2011). Economic incentives in the biosimilars industry: A regulatory perspective. Journal of Managed Care Pharmacy, 17(1), 15–22.
- Chirmule, N. (2013). Immunogenicity of biosimilars: An emerging regulatory challenge. Clinical Immunology, 149(2), 241–248.
- Brower, V. (2012). Policy and regulatory issues in biosimilar approval. Health Affairs, 31(3), 601–609.
- Cohen, H., & Paustian, F. (2014). Biosimilars and the evolving regulatory landscape. Pharmaceutical Technology, 38(4), 26–30.
- (2012). Biosimilars: Balancing Innovation and Affordability. Novartis.
- Schmidt, L. E., & Hoffmann, A. (2015). Navigating the regulatory maze: Biosimilar strategies in the European market. Journal of Market Access & Health Policy, 3(1), 245–255.
- McCamish, M., & Woollett, G. (2012). The science of biosimilarity. Nature Reviews Drug Discovery, 11, 191–200.
- Pisano, G. P., & Shih, W. C. (2012). Analyzing biosimilar market entry: Regulatory impacts and strategic considerations. Harvard Business Review, 90(8), 98–107.