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Impact on the Industry

Impact on the Industry

Impact on the Industry

It is believed that biosimilar drugs tend to have a significant effect on the pharmaceutical industry worldwide. Market conditions will have to change in order to recompense with the rising competition, rapid biosimilar application approvals and their widespread market development.

Patients could have more alternative cures, and they may also be able to acquire the vital medicines they need for extreme conditions at much reasonable price compared to the initial biologic drugs.