Wednesday, December 6, 2017

Concepts in a Nutshell

Biologics 

   Biological products, or simply "biologics", are medicines isolated from various  natural sources or living organisms by means of biotechnology or other cutting-edge technologies.

Biosimilars

   Biosimilar is a follow on medicine of an existing biologic whose patent has expired. It is like a generic drug on a patent-expired chemical drug. Biosimilars have virtually the same efficacy as biologics. Like generics, biosimilars give affordable access to critical life-saving drugs.

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