Biosimilars set to take center-stage as exclusive biologic bubble bursts
The exponential rise of biosimilars in clinicals trials and applications for US Food and Drug Administration (FDA) approval continues to rise. According to figures from the Biosimilars Council, brand biologic medicines worth an estimated $81 billion in global annual sales will lose their patents by 2020. This provides a significant opportunity for the development of lower cost biosimilar alternatives, with the market expected to expand more than twenty-fold in the next five years. Dr Michelle Maxwell reports.
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