J&J blockbuster loses ground to biosimilars despite Quebec court ruling [Reuters (UK)]
Pfizer, Inc. (PFE)
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Source: Reuters
J&J blockbuster loses ground to biosimilars despite Quebec court ruling - Reuters 5 Min Read TORONTO/MONTREAL (Reuters) - Johnson & Johnson’s ( JNJ.N ) Remicade, a blockbuster drug that treats autoimmune disorders, has steadily lost market share among patients enrolled in the Canadian province of Quebec’s public drug program, even after a court ruling reinstated full coverage in January, a Reuters analysis of government data shows. The plan’s administrator stopped covering Remicade, J&J unit Janssen’s version of the drug infliximab, for some new patients in February 2017, in favor of cheap near-copies called biosimilars, mainly Pfizer Inc’s ( PFE.N ) version of infliximab, called Inflectra. In January, a Quebec court ordered it to resume coverage. Remicade’s eroding market share underscores a gradual shift underway in Canada, where biosimilars have been slowly catching on with doctors and patients. The drug is under pressure elsewhere - in the third quarter, total global sales fel
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