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Decision Resources: Only half of payers support biosimilar substitution

BY Alaric DeArment

WALTHAM, Mass. Biosimilars may have cleared their biggest stretch of wilderness thanks to their inclusion in the healthcare-reform bill, but they may run into another speedbump: payers.

Though nearly half of U.S. payers support substitution of biosimilars for innovator biotech drugs, most believe some clinical differences exist between the follow-on drugs and the originals, according to a survey by market research firm Decision Resources.

The survey found that 48% thought it was a “good idea” to substitute biosimilars for the originals. Most respondents considered biosimilars similar to the originals, though not identical, and thought they could have significant differences. At the same time, 69% said they were moderately to very familiar with biosimilars, while 17% said they had a slight familiarity.

“The high levels of reported familiarity may be because while media coverage of biosimilars is increasing, payers may feel less familiar with overall biosimilars regulation because of the recent myriad of legislative developments in the United States around healthcare reform,” Decision Resources product director Michael Malecki said.

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Duane Reade takes shot at beer pong

BY Alaric DeArment

Ever since the game began several years ago, beer pong has become as much a part of college campus parties in America as fashioning bed sheets into Roman-style togas or having everyone dress in the most hideous fashions of a past decade.

Now, Duane Reade is hoping to capitalize on the trend, selling packages of ping pong balls next to its beer shelf, as seen in this photo taken at the chain’s store at 55th St. and Park Ave., downstairs from Drug Store News’ offices.

 

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Target opens new store in Chicago’s Wilson Yard

BY Drug Store News Team

MINNEAPOLIS Target said Tuesday it has opened a new store in the Wilson Yard community of Chicago.

The new 200,000-sq.-ft. store, which creates 300 jobs, will celebrate its grand opening on July 25 and features fresh produce, meat and bakery goods along with a Starbucks, Target Cafe, Target Pharmacy, Target Optical and Pizza Hut Express.

Target currently operates 1,740 stores in 49 states.

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