Abarca Health, a pharmacy benefit management (PBM) and technology company, has signed a value-based reimbursement contract with Biogen for select products in Biogen's leading multiple sclerosis (MS) portfolio. The agreement places accountability on Biogen to deliver safety, efficacy, and value for the patients who receive these life-impacting therapies and for the payers who finance them.
"We are excited to partner with Biogen in implementing this innovative, data-driven, and outcomes-based pricing program for MS drug therapies. We believe this program is a significant milestone in our efforts to collaborate with pharmaceutical manufacturers to find a better way to guide patients and payers down the path to value, especially in high impact disease categories," stated Javier Gonzalez, Chief Operating Officer of Abarca Health.
This contract builds on Abarca Health's ongoing work with Biogen to find better ways to collaborate in the treatment of patients afflicted with complex, high-cost conditions.
"We believe that contracting approaches like this will help expand access for patients. We are excited to work with an innovative partner like Abarca Health and lead the way for MS care," said Jean-Paul Kress, Executive Vice President and President, International and Head of Global Therapeutic Operations of Biogen.