US generic and biosimilar meds save $496B in just 1 year

10 September 2026

The US Association for Accessible Medicines and the Biosimilars Council today released the 2026 US Generic & Biosimilar Medicines Savings Report - Forward for America. AAM’s annual savings report highlights that generic and biosimilar medicines created $496 billion in savings in 2025 for patients and the overall healthcare system.

Generics and biosimilars have saved over $3.6 trillion in the last decade, the trade groups noted.

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