- First formal distribution agreement for YUSIMRY™, a biosimilar of Humira®, at $995 per carton (two 40 mg/0.8 mL autoinjectors) representing a discount of more than 85% compared to Humira
- Innovative distribution plan provides employers a low-cost, high-quality treatment option from Coherus and the highest quality of patient service and care from leading independent specialty pharmacy Superior Biologics
REDWOOD CITY, Calif., July 13, 2023 (GLOBE NEWSWIRE) — Coherus BioSciences, Inc. ((“Coherus”, NASDAQ:CHRS) and specialty pharmacy Superior Biologics, Inc. (“Superior Biologics”) today announced a national distribution agreement for YUSIMRY™ (adalimumab-aqvh) at a price of $995 per carton of two autoinjectors, a discount of more than 85% compared to Humira® (adalimumab), currently priced at $6,922 per carton of two pens.
“Coherus is pleased to work with Superior Biologics for nationwide distribution of YUSIMRY, providing patients and their plan sponsors access to a high-quality, safe, and effective treatment at significant savings compared to Humira,” said Denny Lanfear, Coherus’ Chairman and Chief Executive Officer. “Superior Biologics is an ideal partner for the distribution of YUSIMRY based on their commitment to quality patient service and care, their extensive experience working with manufacturers, patients, physicians, and plan sponsors, and their nationwide reach. Through this unique distribution partnership, we can bring YUSIMRY immediately to patients throughout the United States.”
“Patients deserve more affordable access to specialty drugs to treat their life-altering illnesses,” said Robert Cappa, RPh, President of Superior Biologics. “The national distribution of YUSIMRY through this agreement fulfills our shared vision with Coherus of delivering affordable solutions to patients with health challenges. This distribution partnership is an important and innovative step toward creating new options in the marketplace for patients to access specialty drugs, starting with the delivery of YUSIMRY at a fraction of the cost of Humira. It’s a game-changer for both patients and employers who have faced significant challenges from the skyrocketing costs of specialty drugs.”
Superior Biologics specializes in high-touch patient services and delivers quality care for a variety of disease states including rheumatology, gastroenterology, and neurology. An unmatched track record for meeting patients’ needs has led to high levels of customer satisfaction and allowed Superior Biologics to become a trusted resource for prescribing physicians.
Coherus first announced the release of YUSIMRY on July 3, 2023 at an annual price of less than $13,000 compared to nearly $90,000 for Humira® (adalimumab) based on the company’s investment in robust large-scale manufacturing, passing the savings on directly to patients in need. The agreement is the first between the two companies, marking an innovative distribution model that will serve patients effectively and allow employers to achieve significant savings in their specialty drug costs.
