Industry News
EMA Accepts Sandoz’s Biosimilar for Etanercept
December 8th 2015On Dec. 8, 2015, Sandoz, the generic pharmaceutical’s division of Novartis, announced that the European Medicines Agency (EMA) has accepted their marketing authorization application (MAA) for a biosimilar to Enbrel (etanercept), a tumor necrosis factor alpha (TNF-alpha) inhibitor.
CMS Finalizes Biosimilar Reimbursement Rule
November 3rd 2015All biosimilars for a specific product will be reimbursed with the same J-code under Medicare Part B regardless of manufacturer, according to a CMS rule that was proposed in July 2015 and finalized on Oct. 30, 2015. The rule was finalized prior to any formal guidance from FDA on interchangeable products. CMS said it did not consider interchangeability into its decision, as there are no currently approved interchangeable biologics on the market.