Unlocking the rich potential of biosimilars
By Dr Christian K Schneider of PharmaLex*
In the two decades since biosimilars emerged on the world stage, their evolution has brought acceptance of the critical role they can play in making life-changing therapies more affordable.
The US Generic & Biosimilar Medicines Report estimates the US healthcare system has saved about $23.6 billion since the first biosimilar was introduced in 2015. In Europe, the number of biosimilars nearly doubled from 2016-2022, and there has also been considerable growth in the number of competitors entering the market.
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