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BioInformatics LLC Multi-Sponsor Market Report – In-depth Exploration of the U.S. Market for Biosimilar Drugs
Date:2/21/2013

Arlington, VA (PRWEB) February 21, 2013

The delivery of more cost-effective healthcare has become a worldwide challenge as the costs associated with healthcare continue to increase, driven by changing demographics, societal expectations and advances in medical technology. The introduction of alternative versions of biologic products, also known as biosimilars, into the United States market has been gaining increasing visibility as patents for many agents are nearing expiration and as the FDA moves closer to establishing a regulatory pathway for these agents. For these reasons, BioInformatics LLC is opening sponsorship opportunities for an in-depth report in this space: Manufacture of Biosimilar Drugs for the U.S. Market: Defining the Market Opportunity for Life Science Suppliers.

As scientific and analytical instrument manufactures seek to explore new markets to offset slower growth and reduced funding in academic research, attention turns to the potential for revenues generated by the pending authorization for pharmaceutical and biopharmaceutical companies to move forward with the development and commercialization of biosimilar drugs in the U.S.

The process is complicated, and the onus is on the drug manufacturers to prove that the biosimilar drugs have a similar structure and function as the original branded drugs. As with a generic small-molecule drug, biosimilars will ostensibly be less costly for the consumer and therefore enjoy a sizable demand. However, long before this nascent family of drugs can reach the market, biopharmaceutical companies will be required to ramp up their capacity to conduct the FDA-required analysis.

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