Biosimilar Competition Has Led to "Marked Reductions" in Biologics' Net Prices, Study Finds
December 19th 2019
By The Center for Biosimilars Staff
ArticleThe promise of biosimilars is that these subsequent-entry products can reduce the cost of biologic therapy by offering lower-priced alternatives that do not compromise efficacy or safety. An additional benefit is that the presence of competition in the marketplace can also drive down costs for originator products, or at least curb price growth, though to what degree biosimilars have had such an impact on originator biologics in the US market has not been fully elucidated.