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Biosimilars have emerged as affordable alternatives to approved biologic drugs, meeting the industry's growing demand for cost-effective treatment options. These medicines provide effective and safe therapies while reducing the financial burden on patients and healthcare systems. By offering more affordable options, biosimilars contribute to increased accessibility and improved patient outcomes.
One of the key advantages of biosimilars is their potential to expedite time to market. The development process for biosimilars is typically faster and less resource-intensive compared to creating new biologic drugs. Leveraging existing scientific knowledge and data from reference products allows for a streamlined development process, enabling biosimilars to reach patients in need more quickly. This accelerated market entry enhances patient access to critical treatments.
In this article, you will discover how adopting a robust bootstrapping test enables companies to establish analytical similarity, leading to faster market entry with a 10 percent higher acceptance rate.
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