Pharma and Biotech Industry Management
Biosimilars are biologic medical products that are highly similar to already approved reference biologics in terms of safety, efficacy, and quality, but are not identical due to the complex nature of biological products. They offer the potential to enhance patient access to vital medications while providing a more cost-effective alternative to original biologics. The emergence of biosimilars marks a significant development in the pharmaceutical landscape, especially as patents for original biologics expire.
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