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FDA Aims to Accelerate Biosimilar Development as Way to Reduce Drug Costs

The FDA’s new plan aims to halve biosimilar market entry time and save manufacturers $100 million, boosting access to lower-cost biologic therapies.

Summary by Healio
The FDA today unveiled a plan to accelerate development of biosimilars in hopes of significantly reducing drug costs in the United States.The agency issued draft guidance that would simplify the study of biosimilars and reduce what officials characterized as time-consuming, costly and unnecessary clinical testing.

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  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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Healio broke the news in on Wednesday, October 29, 2025.
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