F.D.A. Moves to Speed Approvals for Cheaper Copycat Drugs
PositiveFinancial Markets

The F.D.A. is taking significant steps to expedite the approval process for biosimilar drugs, which are essentially cheaper alternatives to brand-name medications. This move is crucial as it aims to reduce drug costs for consumers, making essential treatments more accessible. One notable example is Amjevita, a biosimilar version of the popular arthritis drug Humira, which has been part of a growing market of similar products over the last decade. By cutting regulatory hurdles, the F.D.A. is not only fostering competition but also encouraging innovation in the pharmaceutical industry.
— Curated by the World Pulse Now AI Editorial System













