ARCHIMEDES ANNOUNCES BIOSIMILARS FIRST™, AN INDUSTRY LEADING PROGRAM TO DRIVE BIOSIMILAR ADOPTION IN 2024
BRENTWOOD, Tenn., Jan. 11, 2024 /PRNewswire/ -- Archimedes, a recognized leader in specialty drug management solutions, announced BiosimilarsFirst™, a program, which excludes Humira from formulary in favor of low cost, low WAC biosimilars.
- BRENTWOOD, Tenn., Jan. 11, 2024 /PRNewswire/ -- Archimedes, a recognized leader in specialty drug management solutions, announced BiosimilarsFirst™, a program, which excludes Humira from formulary in favor of low cost, low WAC biosimilars.
- BiosimilarsFirst is projected to drive industry-leading adoption of biosimilars for autoimmune diseases, providing plan sponsor savings of 65% plus and more affordable treatment options for patients.
- Archimedes' BiosimilarsFirst program stands in direct contrast to the PBM market's approach by preferring low cost biosimilars and excluding both brand and high cost biosimilars.
- As evidence to this, Archimedes' Biosimilar Fill Rate™ was 94% in 2023 for drugs that had a biosimilar available throughout all of 2023.