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Shake-up in top PBS earners list
Posted 31 October 2025 AM
There has been a shake-up in the list of exclusive brands with the highest PBS reimbursements this quarter as two huge medicines faced biosimilar competition for the first time.
Johnson & Johnson's Stelara was joined on the PBS by Celltrion's SteQeyma in August. Due to the way the PBS reports reimbursements the two cannot be separated, but combined they earned $93.9 million in pre-rebate R/PBS reimbursements for the third quarter of 2025, a 21.7 per cent fall compared to the same period in 2024, and 35.1 per cent less than Stelara earned in the prior quarter.
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Posted 31 October 2025 AM
There has been a shake-up in the list of exclusive brands with the highest PBS reimbursements this quarter as two huge medicines faced biosimilar competition for the first time.
Johnson & Johnson's Stelara was joined on the PBS by Celltrion's SteQeyma in August. Due to the way the PBS reports reimbursements the two cannot be separated, but combined they earned $93.9 million in pre-rebate R/PBS reimbursements for the third quarter of 2025, a 21.7 per cent fall compared to the same period in 2024, and 35.1 per cent less than Stelara earned in the prior quarter.
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