Biosimilar drugs could generate $38.4 billion in savings over five years

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Biosimilar drugs could generate $38.4 billion in savings over five years

Biosimilar drugs could drive down prices for expensive medicines used to treat illnesses such as cancer and rheumatoid arthritis, with savings estimated to be $38.4 billion or 5.9% of projected total U.S. spending on biologics from 2021 to 2025, according to a new RAND Corporation study.

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