Drug regulators face challenge of 'biosimilars'
Middle East drug regulators face a new challenge in how to deal with a wave of "biosimilar" versions of established therapies, say the organisers of the region's most comprehensive pharmaceutical and biotechnology exhibition and conference taking place in Dubai this month.
Some of the world's biggest-selling pharmaceuticals were developed in the first phase of the biotechnology revolution in the 1980s. But many are now losing their patent protection opening up the market to cheaper, follow-on biotechnology, or biosimilar, drugs.
So far patents have run out on just a handful of the over 200 biotechnology drugs used to treat around 325 million patients worldwide with cancers, HIV/AIDS, neurological disorders, heart disease, diabetes and rare genetic diseases. The number will increase significantly in the next few years, however.
“Ambiguities over naming, differences in prescribing practices and rules on drug substitution will need to be resolved by drug regulators in the Middle East to ensure safe use of biosimilars”, said Simon Page, Group Director of Life Sciences at IIR Middle East, organisers of the Pharmaceutical and Biotechnology Middle East (PABME) exhibition and conference from 27 to 29 April 2008 at the Dubai International Exhibition Centre.
"The problem is not unique to the region," he added. "Regulators in most parts of the world are wary about approving generic versions of biotech drugs because of their complexity. However, Europe has been more advanced in giving the green light to biosimilars than the United States. European officials have already given approval to biosimilar forms of an anaemia drug and human growth hormone.
"The pressure is mounting from pharmacy managers, insurers and consumer groups who want to see lower drug costs, supported by the generic drug and biotechnology companies."
Biosimilar drugs represent a major market opportunity, as prices are expected to be 25 to 40% below those of original brands. The price of conventional generic drugs could also quickly fall to a 90% discount to the original.
India and China, both with major biopharmaceutical sectors, have fast growing generic and biosimilar industries and are staging a major presence at PABME. China in particular is mounting the largest pavilion at the show.
Biosimilars will come under the spotlight in a special presentation on Biotechnology: the Future of Medicine at a conference at PABME by Tom Bols, Director of Government Affairs Europe for Amgen International, the world's biggest biotechnology company.
With advances in life sciences and biotechnology continuing at a hectic rate, the debate about the ethics of the industry is gathering pace. The conference called Current Affairs in Pharmaceuticals and Biotechnology (27-29 April) will also be examining ethical, religious and cultural issues raised by the use of biotechnology. In addition, current trends in molecular biotechnology; genetics and personalised medicine; development of clinical trials; future aspects of in-vitro fertilisation; and issues and trends in oncology pharmacy will be discussed.
A further four high-level conferences will also be held at PABME: A Regulatory Workshop on Developing Practical Skills (27 April); Facilities Design, Upgrade and Expansion (28 – 29 April); Pharma and Biotech Opportunities in Emerging Markets (27 – 28 April); and the Clinical Trial Congress (27 – 28 April).
The Middle East's pharmaceutical market is estimated to be worth more than $12 billion and more than 100 companies from over 25 countries in the Middle East, Asia, Europe, the Americas, Africa and Australasia will be exhibiting at PABME. Dubiotech, the Middle East's first dedicated life sciences hub which will cover 30 million square feet upon completion, is a leading sponsor of PABME 2008 which is supported by the Ministry of Health of the United Arab Emirates.
For more details about the PABME exhibition and conferences, please visit www.pabme.com
About PABME and IIR Middle East
Pharmaceutical and Biotechnology Middle East is organised by IIR Middle East, the name behind the region's largest and the world's second largest healthcare exhibition and congress – Arab Health.
As the region's leading event organisers, IIR Middle East manages a portfolio of more than 300 conferences, seminars and training courses along with over 20 industry leading international trade and consumer exhibitions in the UAE.
- Saudi pharmaceutical market very healthy
- Anti-money laundering expert warns of dangers facing UAE financial services firms
- Dubai Police in the Spotlight after Taking Part in World's Largest Drug Bust
- EU Pushing Cheaper AIDS Drugs in China
- Alpen Capital projects sustainable growth for the GCC Pharmaceutical sector