PBM rebate schemes to suppress biosimilar Humira cost US patients $6 billion
The USA-based Biosimilars Council, the leading trade association representing manufacturers of biosimilar medicines, has released a new analysis of IQVIA data revealing health plans and patients missed out on savings up to $6 billion as a result of rebate schemes by pharmacy benefit managers.
The report highlights the strategy created by pharmacy benefit managers (PBMs) to protect $2 billion in profits by suppressing adoption of lower-cost versions of the brand drug Humira (adalimumab) from AbbVie (NYSE: ABBV), once the best-selling drug in the world.
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