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AUGUST 15, 2022

Magellan Rx Reports Millions in Savings From Onc Biosimilars

By Karen Blum

Chicago—Biosimilars for oncology are gaining ground, with more payors implementing strategies to cover them and large projected savings for health plans, health systems and patients, speakers said during a panel discussion at the AMCP 2022 annual meeting.

Biosimilars are defined as biologic products approved by the FDA that are highly similar to an FDA-approved biologic product, also known as the reference product, said YuQian Liu, PharmD, RPh, the director of specialty