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For the time being, then, the advent of generic biologicals will not significantly quash skyrocketing health care costs.
FORBES: Commentary
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Eventually, the availability of generic biologicals will spur competition and reduce prices.
FORBES: Commentary
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The rules would apply not only to traditional drugs but also to the more complicated so-called "biologicals, " which mimic proteins actually used by the body.
FORBES: Magazine Article
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Thus, to anyone familiar with the scientific and regulatory aspects of biologicals, it is obvious that clinical trials--possibly large ones--will be required before the FDA approves generic versions.
FORBES: Commentary
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Eventually, the availability of biosimilars will spur competition and reduce prices somewhat, and because of advances in technology, some of the follow-on products may even be superior to the original brand-name biologicals.
FORBES: Do You Think 'Biosimilars' Will Reduce Healthcare Expenditures? Think again.
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Biologicals are made in living cells--usually bacteria, yeast or cultured mammalian cells that have been reprogrammed by the introduction of new genetic material to synthesize the drug, which is then highly purified.
FORBES: Commentary