biosimilar
Noun
Meaning
English Wikipedia has an article on:biosimilarWikipedia
biosimilar (plural biosimilars)
(medicine) A variant of a biopharmaceutical that is marketed following the expiry of the original patent.
Examples
AbbVie will certainly have bad news on the way once biosimilar rivals begin taking a bite out of Humira's market share.
A biosimilar medication must meet specific strict standards to be approved by the FDA.
EU approved biosimilar medicines are accessible for patients in all about 60 countries circa the the public, and recognised as far up nobility, sound and functional medicines.
As it turned out, Amgen didn't try to begin selling its biosimilar.
Generic and biosimilar firms constitute a growing part of the EU pharma industry, account for 160 000 jobs, 350 manufacturing sites and invest between 7% and 17% (in the case of biosimilars and complex generics) of their turnover in R&D.
While regulatory bodies are getting their heads around developing clear-cut rules to ensure the safe introduction of biosimilar monoclonal antibodies, some countries are already seeing the first of these medicines enter the market.