FDA Gets U.S. One Step Closer to Interchangeable Biosimilars (1)

May 10, 2019, 3:02 PM UTCUpdated: May 10, 2019, 4:34 PM UTC

Pharmacists are a step closer to seamlessly switching between a biologic drug and a cheaper alternative called a biosimilar thanks to final industry advice for drugmakers the FDA released May 10.

Biologic drugs are some of the most expensive products on the market because they’re complicated to make, made from living cells, and treat serious conditions like cancer. Consequently, being able to utilize cheaper biosimilar versions is expected to save patients, governments, and insurance companies billions of dollars in the long run.

The biosimilar market in the U.S. hasn’t prospered like it has in Europe, however, and industry observers say ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.