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Bevacizumab Biosimilar Market Analysis by Application and Competitive Insights to 2021

Global Bevacizumab Biosimilar Market by Application spans Analytical, Pharmacokinetic, Clinical Data, Pharmacology, and Toxicology Data. Currently, there is no acknowledged biosimilar for bevacizumab, a monoclonal antibody used for treating advanced solid tumors, counting metastatic colorectal cancer (mCRC) and advanced or metastatic non-squamous non-small-cell lung cancer (mNSCLC).

Bevacizumab is a humanized monoclonal antibody. It constrains angiogenesis (the formation of new blood vessels) by blocking the action of vascular endothelial growth factor A (VEGF-A). Bevacizumab can accordingly slow the growth of new blood vessels in tumor’s and is used to treat various cancers, including colorectal, lung, breast, glioblastoma, kidney and ovarian.

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In the United States, it is accepted for giving glioblastoma (GBM) and metastatic ovarian cancer (mOC), and in the European Union (EU) it is indicated for patients with metastatic breast cancer (mBC). Bevacizumab has been exposed to prolong existence in patients with these cancers when combined with chemotherapy in the global Bevacizumab Biosimilar Industry. The measured physicians who did not regularly endorse bevacizumab, those from emerging markets were more probable to cite access as a fence to indorsing across all tumors types. Further, physicians in the United States and EU found it easier to access the drug when treating patients with mCRC, mNSCLC, and mOC than physicians in emerging markets.

U.S. physicians could willingly admit bevacizumab for treatment of GBM than physicians in the other two markets, while EU physicians found it easier to admission the drug for mBC. The major reasons for the apparent barriers to access were that the drug’s costs were “not compensated by healthcare system/private insurance,” and the high out-of-pocket (OOP) costs to the patient. These fences were most commonly cited by physicians in developing markets, although more than high of American defendants said lack of repayment was a barrier to recommending the drug for mOC, associated with 55% of physicians in developing markets and just in the EU.

Of the physicians who had to reduce the number of cycles agreed, the most common reason across all markets and tumor types was the lack of reimbursement. Global Bevacizumab Biosimilar Market by Geographical Region spans North America, Europe, China, Japan, Southeast Asia, and India. Global Bevacizumab Biosimilar Industry Key Players include Pfizer, Allergan, Alnylam Pharmaceuticals, Amgen, Angstrom Pharmaceuticals, Acceleron Pharma, Biocon, Bionomics, and CASI Pharmaceuticals.


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