Biologics UPDATE: First Biosimilar Drug Receives FDA Approval
Apr 15th, 2015 by Cambria Alpha-Cobb | News | Recent News & Articles |
The FDA just approved the first biosimilar drug, breaking the way for a new industry of drugs that could change the forecast of drug spending in the USA. In the simplest definitions, a biosimilar is comparable to the generic form or a copy of a biological drug. They differ from the reference drug in that they could contain differences in materials or methods of manufacture. They are meant to replicate or copy the reference biologic but because they tend to be much larger and highly complicated, than common small molecule drugs, these differences only make them highly similar, not identical, hence “bio-similar”.