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.
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FDA Says It’s Eliminating Requirements for Generic Versions of Expensive Drugs - The Thinking Conservative News
The Food and Drug Administration in draft guidance said it will reduce instances where large human trials are required for biosimilars. The post FDA Says It’s Eliminating Requirements for Generic Versions of Expensive Drugs appeared first on The Thinking Conservative News.
FDA aims to accelerate biosimilar development as way to reduce drug costs
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development of biosimilars in hopes of significantly reducing drug costs in the United States.The agency issued draft guidance that would simplify the study of biosimilars and reduce what officials characterized as time-consuming, costly and unnecessary clinical testing.
FDA Eases Biosimilar Approval Requirements to Lower Drug Costs
The Food and Drug Administration has unveiled new guidance to accelerate the approval of biosimilars, the lower-cost versions of complex biologic drugs. Under the new policy, developers will no longer be required to conduct human trials comparing biosimilars to branded biologics if their products meet certain analytical and manufacturing criteria. The FDA estimates this change could save companies $100 million per product in development costs, e…
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