The introduction of first-generation biologics has heralded great advances in
medical technology. As these innovative products mature, the concept of
follow-on-biologics or biosimilars is of increasing interest to competitors.
The term "follow-on-biologics" (FoB) refers to those biologics that have
similar qualities to a novel, previously approved biologic, but are approved
with less supporting data than the innovator product.
At MedImmune we recognize the importance of making healthcare affordable, but we
also believe in incentives for innovation and a robust regulatory review
process that is specific to the complex human-based biotechnology agents. The
goal of introducing follow-on-biologics to the marketplace must not compromise
current potency, purity, and safety standards as proven through premarketing
clinical trials as well as postmarketing surveillance. We support legislation
that addresses the uniqueness of biologics and puts patient safety first, while
protecting the investment that research-driven companies make by ensuring
substantial nonpatent exclusivity and an adequate opportunity to enforce
patents.
MedImmune has some of the best manufacturing facilities in the biotech industry.
These world-class facilities would give us the ability to produce
follow-on-biologics products, should we choose to do so and if the legal and
regulatory framework allowed. However, at the current time we see the strongest
opportunities for the business in flexing its track record of innovation,
developing its pipeline of potential biologic candidates to treat or prevent a
number of debilitating or life-threatening diseases. While we are not
actively pursuing a FoB strategy, we will continue to leverage our innovative
platforms to create patient-centered improvements in areas with proven
mechanisms of action.
In the United States, the Public Health Service Act (PHSA) governs the approval
process for biologics. However, unlike the Food, Drug & Cosmetic Act
(FDCA), which has provisions for a generic drug approval process, PHSA does not
currently provide a framework of regulations authorizing the FDA to approve a
follow-on-biologic. In contrast, the European Medicines Agency (EMEA), the
European equivalent to the FDA, has implemented an approval scheme that
specifically distinguishes between follow-on-biologics and generic drugs. The
EMEA recognized that "due to the complexity of biological/biotechnology-derived
products the generic approach is scientifically not appropriate for these
products." To date, the EMEA has approved several biosimilars products.
We believe that biotechnology is breaking past the boundaries of medical science
and healthcare provision. MedImmune is committed to developing the next
generation of biologics that will transform patients' lives. To do so, we
require a supportive regulatory environment that incentivizes innovation and
allows us to conduct cutting-edge research and development. We are proud to be
part of this new biohealth sphere and look forward to continuing to
revolutionize patients' lives.