Pricing And Fewer Treatments Eat At Biogen Biosimilar Sales

US-Based Firm Looking Beyond EU And Samsung Bioepis Partnership

Samsung Bioepis saw sales of its anti-TNF biosimilars in Europe drop in the first quarter of this year, though the traditionally innovative Biogen continues to look to new products and geographies to build its biosimilars presence.

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Biogen is looking beyond Europe for biosimilars, including to the US • Source: Shutterstock

Pricing pressures alongside a slowdown in new patients and reduced clinic capacity in the wake of COVID-19 caused sales of Biogen’s biosimilars portfolio to fall by 6% as reported, and 13% in constant currencies, to $205m in the first quarter of 2021.

Discounting $15m of accelerated purchasing last year in the immediate wake of the COVID-19 pandemic, however, biosimilars sales were essentially...

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