For biosimilars to win, AbbVie has to lose, according to Boehringer Ingelheim.
The German drugmaker on Wednesday said that its goal of getting more uptake for Humira biosimilars will require pushing AbbVie’s drug off of PBM formularies. Boehringer’s high-concentration, citrate-free formulation of its Humira biosimilar Cyltezo won FDA approval on Wednesday.
The company’s formulary push follows a significant uptick in market penetration by Sandoz’s Humira biosimilar, thanks to a new partnership with CVS Health that cut AbbVie’s Humira from its spot on major national formularies. Boehringer is now looking to make a similar move, and it already has a relationship with Cigna’s Evernorth to reduce out-of-pocket costs with its biosimilar.
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