Declining MS Sales for Historic Powerhouse Biogen Point to Shifting Tides in the Multiple Sclerosis Market According to Spherix Global Insights
EXTON, Pa., Feb. 17, 2023 /PRNewswire/ -- According to Biogen's earnings call on Wednesday, February 15, 2023, sales for its multiple sclerosis (MS) franchise are down for the third year in a row. The company attributed the 2022 decline to generic erosion, pricing pressures, and a shift in prescribing patterns.
- The company attributed the 2022 decline to generic erosion, pricing pressures, and a shift in prescribing patterns.
- As part of its' quarterly market tracking RealTime Dynamix™ service, Spherix Global Insights probed U.S. neurologists on satisfaction with Biogen's and Novartis' MS DMTs, as well as perceptions of both companies' MS portfolios.
- Additionally, outside of branded DMTs, the MS market could see its first-ever biosimilar, with the expected launch of Sandoz/Polpharma Biologics' biosimilar natalizumab.
- Since 2016, Spherix Global Insights has tracked the MS market and will continue coverage of this highly dynamic space.