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Is Hyrimoz cheaper than Humira? A complete guide to understanding biosimilar costs

4 min read

According to recent analyses, some biosimilar versions of Hyrimoz can have a list price that is over 80% lower than Humira's list price. This makes answering the question, is Hyrimoz cheaper than Humira, a complex matter that depends heavily on the specific version, insurance coverage, and discount programs available to the patient.

Quick Summary

Hyrimoz is a biosimilar for Humira, offering significant potential cost savings, especially with low-list-price or unbranded versions. The final out-of-pocket cost is influenced by insurance formularies, pharmacy benefit managers, and manufacturer discount programs, rather than just the initial price tag.

Key Points

  • Hyrimoz is a biosimilar to Humira: As an FDA-approved biosimilar, Hyrimoz has no clinically meaningful differences in effectiveness or safety compared to the original drug, Humira.

  • Hyrimoz has a lower list price: The unbranded, low-list-price version of Hyrimoz (adalimumab-adaz) is significantly cheaper than Humira, with some versions costing over 80% less than Humira's list price.

  • Insurance coverage and formularies are key: A patient's out-of-pocket cost is primarily determined by their specific insurance plan's formulary, which dictates coverage and co-pay amounts for different adalimumab products.

  • Both drugs offer patient assistance: Manufacturers AbbVie and Sandoz both provide comprehensive patient support and financial assistance programs (myAbbVie Assist and Sandoz One Source) to help reduce costs for eligible patients.

  • Proactive research is necessary: Patients must investigate their insurance coverage, available discounts, and assistance programs to find the most affordable option, as costs can vary dramatically.

  • The price competition benefits consumers: The market pressure from biosimilars has forced Humira's net price to decrease over time, indicating a positive trend for overall drug affordability.

In This Article

For many years, Humira (adalimumab) was one of the world's best-selling and most expensive drugs, with an annual list price often approaching $90,000. The expiration of its primary patents has since paved the way for competition from several biosimilar drugs, including Hyrimoz (adalimumab-adaz), which launched in the U.S. in 2023. As a biosimilar, Hyrimoz was proven to be highly similar to Humira in safety, effectiveness, and quality, offering patients an equally viable treatment option. For millions of patients suffering from conditions like rheumatoid arthritis, Crohn's disease, and plaque psoriasis, the entry of Hyrimoz into the market has created a crucial opportunity for cost savings.

The two-tiered pricing strategy: branded vs. unbranded Hyrimoz

To compete with the established market dominance of Humira, biosimilar manufacturers have adopted creative pricing strategies. In the case of Hyrimoz, maker Sandoz, and its partner Cordavis (a CVS Health subsidiary), have utilized a dual-pricing approach for their adalimumab product. This strategy significantly complicates a simple cost comparison but provides patients and insurers with options.

  • High-list-price Hyrimoz: A branded version of Hyrimoz was initially launched with a list price only slightly lower than Humira's. This version exists primarily to compete for rebates on insurance formularies, similar to how traditional branded drugs operate.
  • Low-list-price unbranded adalimumab: The same medication is also available under an unbranded name, adalimumab-adaz. This version has a dramatically lower list price—often around 80% or more off Humira's price—and is targeted at the cash-paying market or plans that favor lower-priced medications. For instance, a version of Hyrimoz marketed by Cordavis has been reported to cost about $1,400 a month compared to Humira's $7,000.

This pricing nuance means that whether Hyrimoz is cheaper depends on which version a patient receives and how their insurance plan is structured. The potential for cost savings is substantial, but patients must navigate this new pricing landscape with their doctors and pharmacists.

The role of Pharmacy Benefit Managers (PBMs) in cost

Pharmacy Benefit Managers, such as CVS Caremark, play a significant role in determining a patient's final out-of-pocket cost. PBMs negotiate with drug manufacturers to determine which drugs are included in an insurance plan's formulary. Traditionally, they have favored higher-list-price drugs in exchange for rebates, which may not always translate into lower patient costs.

However, the recent Humira biosimilar market has shifted this dynamic. In a key move, CVS launched its subsidiary, Cordavis, to partner with Sandoz and promote the low-priced Hyrimoz. This allowed CVS Caremark to prioritize the more affordable biosimilar on its formularies, potentially benefiting patients and health plans. This dynamic shows that a drug's list price is not the sole factor determining access or cost—PBM strategies are critical as well.

Comparing Humira and Hyrimoz for cost and coverage

Here is a comparison of Humira and Hyrimoz, illustrating the factors that influence patient costs.

Feature Humira Hyrimoz (Branded) Hyrimoz (Unbranded/Low List Price)
Drug Type Original Biologic Biosimilar Biosimilar
Active Ingredient Adalimumab Adalimumab-adaz Adalimumab-adaz
Manufacturer AbbVie Sandoz Sandoz (often via a partner like Cordavis)
List Price Very High (e.g., $7,000+/month) High (slightly lower than Humira) Significantly lower (e.g., ~$1,400/month)
Effectiveness/Safety N/A (benchmark) Highly similar to Humira Highly similar to Humira
Insurance Coverage Widespread but with high rebates Depends on formulary negotiations Depends on formulary strategy; often preferred
Patient Savings myAbbVie Assist program Sandoz One Source co-pay card Sandoz One Source co-pay card, potentially lower cash prices

How to reduce your out-of-pocket expenses

Regardless of which medication you are prescribed, there are concrete steps patients can take to manage their costs:

  • Verify your insurance coverage: Your plan's formulary dictates which adalimumab product is covered, and at what tier. Your out-of-pocket cost can vary dramatically depending on whether a biosimilar is a preferred medication.
  • Utilize manufacturer programs: Both AbbVie and Sandoz offer robust patient assistance programs. myAbbVie Assist helps qualifying patients with Humira, while Sandoz One Source provides financial support and co-pay cards for Hyrimoz.
  • Explore discount cards: Services like GoodRx can provide significant discounts on the cash price of low-cost adalimumab products. These may be beneficial if you are uninsured or have a high deductible.
  • Discuss options with your doctor: Your healthcare provider can help you understand the therapeutic equivalence of biosimilars and may be able to prescribe a lower-cost alternative based on your health plan's formulary. It is essential not to switch medications without your doctor's guidance.

The long-term impact of biosimilars

The introduction of biosimilars like Hyrimoz is a significant development in the broader pharmaceutical market. The competition they introduce has already forced the prices of originator biologics down, benefiting the healthcare system as a whole. This pressure on pricing will likely lead to greater affordability and access to life-changing medications for many patients suffering from chronic autoimmune diseases. For the individual patient, the key takeaway is that the pricing landscape for adalimumab has changed, creating more opportunities for savings, but requiring proactive research and discussion with healthcare providers.

Conclusion

In short, Hyrimoz is indeed typically much cheaper than Humira, but the exact cost savings for a patient are dependent on a complex interplay of pricing strategies, insurance plan dynamics, and available financial assistance programs. For patients with autoimmune conditions, understanding the difference between the high-list-price branded version and the low-list-price unbranded version is crucial. By working with their healthcare team and leveraging available resources, patients can find the most cost-effective and clinically appropriate adalimumab treatment for their needs. The increasing competition from biosimilars represents a positive step toward greater affordability in specialty medication markets.

Visit the Hyrimoz website for additional patient support information and details on their financial assistance program.

Frequently Asked Questions

No, Hyrimoz is not a generic drug but a biosimilar. While generics are chemically identical to their brand-name counterparts, biosimilars are highly similar and have no clinically meaningful differences in safety or effectiveness compared to the original biologic drug.

Hyrimoz is cheaper because it is a biosimilar drug launched after Humira's primary patents expired, allowing for market competition. Manufacturers like Sandoz can offer Hyrimoz at a lower price point to gain market share.

There is no clinical difference between the branded Hyrimoz and the unbranded adalimumab-adaz. The distinction lies in their pricing strategy: the branded version has a high list price for rebate negotiation with insurers, while the unbranded version has a significantly lower list price for different market segments.

Most insurance plans cover Hyrimoz, but the specifics depend on the plan's formulary. With the entry of new biosimilars, many PBMs have begun favoring lower-cost options, but you should confirm your coverage with your insurance provider.

Yes, the manufacturer Sandoz offers the Sandoz One Source program, which provides financial support, including co-pay cards for eligible commercially insured patients and referrals for those who are uninsured or underinsured.

Yes, biosimilars are rigorously tested and approved by the FDA to ensure they are highly similar to their reference products. Hyrimoz is considered to have the same clinical effectiveness and safety profile as Humira.

To switch from Humira to Hyrimoz, you must first consult with your healthcare provider. They will evaluate your condition, discuss the benefits of switching, and provide you with a new prescription. They will also need to consider your insurance plan's formulary.

PBMs manage prescription drug benefits for insurance plans and influence costs through formulary decisions. They can prioritize cheaper biosimilars like Hyrimoz, leading to lower costs for some patients and health plans.

References

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Medical Disclaimer

This content is for informational purposes only and should not replace professional medical advice.