FDA's Biosimilar Rule Cutting Biocon's Drug Costs
Update: 2025-11-13
Description
Biocon, a leading Indian pharmaceutical company, anticipates a significant reduction in biosimilar drug development costs following the U.S. FDAs proposal to simplify clinical testing. This could potentially halve development expenses, accelerate time-to-market, and make these life-saving treatments more affordable. Biocon plans to launch twenty biosimilars by 2030, with a focus on the U.S. and European markets. Currently, seven biosimilars are commercially available in the U.S., and the company is poised to introduce two more within the next six months.
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