New IQVIA report points to opportunity for the EU to foster future-proof biosimilar competition

26 October 2023
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The European Union is currently reviewing its pharmaceutical legislation, and the latest IQVIA white paper Assessing the biosimilar void sheds light on the growing biological medicines market and the opportunity to improve equitable access with biosimilar medicines competition.

The IQVIA report provides a comprehensive analysis of what needs to be done to support biosimilar medicines development and competition up to 2032 by the European Institutions, the EMA, the HMA, and EU member states.

The report warns that 15 billion euros ($15.9 billion) worth of biological medicines losing exclusivity has no visible biosimilar competition. This represents nearly 25% of the total opportunity.

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