← The record

UstekinumabSTELARA

Recommended mixed outcome DermatologyAuthority Required 💬 consumer voice

Treatment of adult patients with severe chronic plaque psoriasis and severe psoriatic arthritis.

14
Submissions
5 resub
2009–26
On the record
$15k–45k
ICER range
1 sourced ICER · 2009
Cost-min
Cost basis

Decisions on record

19 decisions

The committee reached more than one outcome for this medicine at its most recent sitting — different indications were decided differently. The header reflects the least favourable of them; all are listed below.

  • Meeting Mar 2026 Recommended Severe chronic plaque psoriasis, severe psoriatic arthritis
  • Meeting Mar 2026 Noted Psoriatic arthritis, chronic plaque psoriasis, Crohn disease, ulcerative colitis, complex refractory fistulising Crohn disease
  • Meeting Mar 2026 Noted Psoriatic arthritis, chronic plaque psoriasis, Crohn disease, ulcerative colitis, complex refractory fistulising Crohn disease
  • Meeting Mar 2025 Recommended Severe chronic plaque psoriasis, psoriatic arthritis, Crohn disease, ulcerative colitis
  • Meeting Nov 2024 Recommended Severe chronic plaque psoriasis; severe psoriatic arthritis; severe Crohn disease; complex refractory fistulising Crohn disease; moderate to severe ulcerative colitis
  • Meeting Jul 2024 Noted Crohn disease, severe chronic plaque psoriasis no PSD
  • Meeting Mar 2024 Recommended Psoriatic arthritis, Crohn disease, chronic plaque psoriasis, ulcerative colitis, fistulising Crohn disease
  • Meeting Mar 2024 Recommended Psoriatic arthritis, Crohn disease, chronic plaque psoriasis, ulcerative colitis, fistulising Crohn disease
11 earlier decisions
  • Jul 2023 Recommended Fistulising Crohn disease (CD)
  • Jul 2022 Recommended Moderate to severe ulcerative colitis in patients contraindicated or not responsive to conventional therapies
  • Jul 2022 Recommended Severe Crohn disease, severe chronic plaque psoriasis
  • Mar 2021 Recommended Paediatric severe chronic plaque psoriasis
  • Mar 2017 Recommended Crohn disease
  • Nov 2015 Recommended Psoriatic arthritis
  • Jul 2015 Deferred Psoriatic arthritis
  • Nov 2014 Not recommended 45 mg/0.5 mL injection, 1 x 0.5mL vial Stelara® Janssen-Cilag Pty Ltd Change to listing (Major submission) Psoriatic arthritis Authority Required listing for the treatment of patients with severe active psoriatic arthritis who meet certain criteria. Sponsor Comment: The sponsor had no comment.
  • Jul 2014 Deferred Janssen-Cilag Pty Ltd Change to listings (Minor submission) Rheumatoid arthritis, ankylosing spondylitis, psoriatic arthritis, chronic plaque psoriasis, Crohn disease, ulcerative colitis Change to the second and subsequent continuing treatment authorities for golimumab, infliximab, and ustekinumab f
  • Jul 2012 Recommended Psoriasis no PSD
  • Nov 2009 Recommended Chronic plaque psoriasis

Access path

14 submissions · public record
  1. TGA registered · STELARA

    TGA label equal than the PBS population

  2. Nov 2009
    Recommended · restricted

    vs etanercept 50 mg/week

  3. Nov 2014
    Not recommended

    Inferior joint response rate compared to TNF-α inhibitors (adalimumab), particularly lower ACR50 response rates despite…

  4. Jul 2015
    Deferred

    Comparator changed: adalimumab → adalimumab; certolizumab pegol

  5. Nov 2015
    Recommended · restricted

    Comparator changed: adalimumab; certolizumab pegol → certolizumab

  6. Mar 2017
    Recommended

    Comparator changed: certolizumab → adalimumab (ADA), infliximab (IFX), vedolizumab (VDZ)

  7. Mar 2021
    Recommended

    Comparator changed: adalimumab (ADA), infliximab (IFX), vedolizumab (VDZ) → etanercept

  8. Jul 2022
    Recommended

    Comparator changed: etanercept → ustekinumab 45 mg vial (and other bDMARDs including…

  9. Jul 2022
    Recommended · restricted

    Comparator changed: etanercept → ustekinumab 45 mg vial (and other bDMARDs including…

  10. Jul 2023
    Recommended · restricted

    Comparator changed: vedolizumab → infliximab (IFX)

  11. Mar 2024
    Recommended

    Comparator changed: infliximab (IFX) → UST 45 mg vial (for 45 mg PFS/PFP); UST 45 mg vial…

  12. Mar 2024
    Recommended

    Comparator changed: infliximab (IFX) → UST 45 mg vial (for 45 mg PFS/PFP); UST 45 mg vial…

  13. Nov 2024
    Recommended

    Comparator changed: Stelara (ustekinumab reference biologic) → Stelara (reference…

  14. Mar 2025
    Recommended · restricted

    Comparator changed: Stelara (reference ustekinumab biologic) → Stelara (ustekinumab…

  15. Mar 2026
    Recommended

    Comparator changed: Stelara (ustekinumab reference biologic) → Stelara (reference…

  16. PBS listing · Authority Required
RecommendedDeferredNot recommended

From the public summary

Verbatim · PSD text · may span indications
PBAC outcome
5.1 The PBAC recommended General Schedule and Section 100 (Highly Specialised Drugs Program) listings of a new biosimilar brand of ustekinumab (Epyztek®) in the following forms and under the same circumstances as the PBS-listed reference biologic, Stelara®, for the same indications:  Injection 45 mg in 0.5 mL in 0.5 mg pre-filled syringe (PFS)  Injection 90 mg in 1 mL PFS  Solution for I.V. infusion 130 mg in 26 mLPSD · Mar 2025
5.2 The PBAC’s recommendation for listing was based on, among other matters, its assessment that the cost-effectiveness of Epyztek would be acceptable if it were cost- minimised to Stelara at the effective price.PSD · Mar 2025
Economic analysis
5.10 The submission presented a cost-minimisation analysis of Steqeyma compared with Stelara. The submission stated that Steqeyma will directly substitute on a mg-to-mg basis to Stelara.PSD · Nov 2024
5.11 The submission proposed that the price of the 45 mg PFS and 130 mg vial forms of Steqeyma be calculated on a cost-minimisation basis against the 45 mg and 130 mg vial forms of Stelara, respectively.PSD · Nov 2024
Clinical claim
5.9 The submission claimed that Steqeyma is non-inferior in terms of efficacy and superior in terms of safety compared to Stelara. The submission’s claim of superior safety was made based on its latex-free formulation. PBAC considered that the claim of non- inferior comparative effectiveness was reasonable.PSD · Nov 2024
Consumer comments
4.2 The PBAC noted and welcomed the input from the Australasian College of Dermatologists (ACD) via the Consumer Comments facility on the PBS website. ACD supported the PBS listing of Epyztek, particularly for the management of plaque psoriasis and psoriatic arthritis (in patients who are not responsive to other treatments), and considered that the availability of Epyztek may improve patient access to ustekinumab. Clinical evidencePSD · Mar 2025
4.3 As per the Product Information, the TGA has confirmed that “Epyztek is a biosimilar medicine to Stelara (ustekinumab). The evidence for comparability supports the use of Epyztek for the listed indication.”PSD · Mar 2025
Financial management – risk sharing
6.67 The PBAC considered that a Risk Sharing Arrangement, based on the PSCR estimates with a rebate of '''''''% above the subsidy caps, would be needed to manage the risk that the market may grow beyond the estimates presented.PSD · Mar 2021

Cost-effectiveness

1 sourced ICER · 2009

Cost-minimisation basis; no ICER calculated as this is a biosimilar submission with equivalent clinical efficacy to the reference product.

The PBAC noted this submission is not eligible for an Independent Review as it received a positive recommendation. PBAC · 2026
ICER uncertainICER / price too highEconomic model disputed ×2Price cut / RSA needed ×2Surrogate endpoint ×2Indirect comparisonCost-effectiveness accepted ×3

Decision context

PopulationAdult patients with severe chronic plaque psoriasis (facial, hand, foot, or whole body distribution) and severe psoriatic arthritis.

Submission history

14 entries
DecidedOutcomeComparatorICEREvidence
Mar 2026 Recommended Stelara (reference biologic) Cost-minimisation
Mar 2025 Recommended · restricted Stelara (ustekinumab reference biologic) Other
Nov 2024 Recommended Stelara (reference ustekinumab biologic) Cost-minimisation · Cost-minimisation
Mar 2024 Recommended UST 45 mg vial (for 45 mg PFS/PFP); UST 45 mg vial x2 (for 90 mg PFS/PFP in CPP and CD); UST 90 mg PFS (for 90 mg PFP in Cost-minimisation · Cost-minimisation
Mar 2024 Recommended Stelara (ustekinumab reference biologic) Single-arm · Surrogate
Jul 2023 Recommended · restricted infliximab (IFX) RCT · Fistula response and fistula remission
Jul 2022 Recommended ustekinumab 45 mg vial (and other bDMARDs including adalimumab, etanercept, guselkumab, infliximab, ixekizumab, risankiz Cost-minimisation · Cost-minimisation
Jul 2022 Recommended · restricted vedolizumab RCT · Clinical remission
Mar 2021 Recommended etanercept RCT · PASI-75
Mar 2017 Recommended adalimumab (ADA), infliximab (IFX), vedolizumab (VDZ) RCT · Clinical remission
Nov 2015 Recommended · restricted certolizumab RCT · ACR50
Jul 2015 Deferred adalimumab; certolizumab pegol RCT · ACR50
Nov 2014 Not recommended adalimumab RCT · ACR50
Nov 2009 Recommended · restricted etanercept 50 mg/week $15k–45k RCT · PASI-75

Clinical evidence

Trials cited in the PSDs · ClinicalTrials.gov
TrialPhaseNPrimary outcomeStatus
CADMUS Ph 3 110 The Percentage of Participants Achieving a Physician's Global Assessment (PGA) Score of Cl… completed
UNITI-1 Ph 3 769 Number of Participants With Clinical Response at Week 6 completed
UNITI-2 Ph 3 640 Number of Participants With Clinical Response at Week 6 completed

Consumer voice

Mar 2025

The Australasian College of Dermatologists supported PBS listing of Epyztek, particularly for plaque psoriasis and psoriatic arthritis in treatment-resistant patients, and considered that its availability would improve patient access to ustekinumab.

ACD supported the PBS listing of Epyztek, particularly for the management of plaque psoriasis and psoriatic arthritis (in patients who are not responsive to other treatments) Consumer comments · PSD
access barriersunmet needtreatment options

Similar precedents

By decision profile

Regulatory · TGA

Label equal than PBS population — PBAC recommendation matches TGA indications exactly; both cover identical disease conditions and patient populations without additional restrictions.