Biosimilars Benefit Everyone

Wednesday July 22, 2020

biosimilars benefit everyone

Biosimilars benefit everyone. Biosimilars are FDA-approved alternatives to reference biologics – much like generic drugs – that provide treatment options for patients who need biologic medicines to manage their conditions.

Biosimilars have been used in over 120 million days of patient therapy, and these life saving therapies are on track to provide over $130 billion in savings by 2025.

The infographic below shows how everyone — doctors, payers and patients — can benefit from biosimilars.


About the Biosimilars Council

The Biosimilars Council, a division of the Association for Accessible Medicines (AAM), works to ensure a positive environment for patient access to biosimilar medicines. The Biosimilars Council is a leading source for information about the safety and efficacy of more affordable alternatives to costly brand biologic medicines. Areas of focus include public and health expert education, strategic partnerships, government affairs, legal affairs and regulatory policy. More information is available on our about page.

About AAM

AAM is driven by the belief that access to safe, quality, effective medicine has a tremendous impact on a person’s life and the world around them. Generic and biosimilar medicines improve people’s lives, improving society and the economy in turn. AAM represents the manufacturers and distributors of finished generic pharmaceuticals and biosimilars, manufacturers and distributors of bulk pharmaceutical chemicals, and suppliers of other goods and services to the generic industry. Generic pharmaceuticals are 90 percent of prescriptions dispensed in the U.S. but only 23 percent of total drug spending. Additional information is available at www.accessiblemeds.org.

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Let’s Connect

The Council is involved in a number of events that focus on advancing biosimilars in the United States. Click on one below to learn more:

 

 

February 3–5, 2024 | Amelia Island, MD

Access! 2025 will bring together policymakers, influential speakers and industry leaders to chart the future of generic and biosimilar medicines. Discussions center around the business, breakthroughs and politics that shape our industry. Register now