Pharma and Biotech Industry Management
Bioequivalence refers to the property wherein two pharmaceutical products, typically a brand-name drug and its generic counterpart, have the same bioavailability, meaning they release the same active ingredient into the bloodstream at similar rates and extents. Establishing bioequivalence is crucial for regulatory approval of generics and biosimilars, ensuring they provide the same therapeutic effect as their reference products while facilitating competition in the market and increasing access to medications.
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