Published in:
01-04-2015 | Editorial
Biosimilar Versus Generic Drugs: Same But Different?
Authors:
Katelijne van de Vooren, Alessandro Curto, Livio Garattini
Published in:
Applied Health Economics and Health Policy
|
Issue 2/2015
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Excerpt
Research and development characterizes the pharmaceutical industry, and the flow of new drugs is protected by patents to remunerate this investment. Once a patent expires, price competition is possible, since any manufacturer can copy the originator product. This circumstance justifies the place in the pharmaceutical market for generics and biosimilars, i.e. off-patent medicines to be sold at lower prices than their originators. …