Celltrion's Zymfentra Added to Major US PBM Insurance Lists
Zymfentra, Celltrion's subcutaneous infliximab, added to US PBM insurance lists post-March launch.
Breaking News
Aug 06, 2024
Mrudula Kulkarni
Following its US introduction in March, Zymfentra
(infliximab), a subcutaneous injectable formulation made by South Korean
biosimilar manufacturer Celltrion, has been added to the insurance-covered
prescription lists by three major US Prescription Benefit Managers (PBMs). PBMs
serve as middlemen between pharmacies, pharmaceutical firms, and insurance
companies, and they own about 80% of prescription medications that are covered
by insurance in the United States.
Celltrion is working to get the biosimilar covered by
private insurance plans and has obtained a public insurance contract with one
of the PBMs. Zymfentra, an oral biosimilar of Celltrion's intravenous
"Remsima," is self-administered and used to treat inflammatory bowel
conditions such as Crohn's disease and ulcerative colitis. The US market for
treatments for inflammatory bowel disease is projected to be worth $14 trillion
won ($10.2 billion).