FDA Video Series Highlights Promise of Biosimilars

Article

A new 5-part video series released by the FDA is part of a larger education and outreach effort about biosimilars and interchangeable products.

The FDA recently released a new 5-part video series highlighting biosimilars and interchangeable products. As part of a larger education and outreach effort, the video series provides an overview of the products and focuses on key concepts about development and approval. To date, the FDA has approved 10 biosimilars.

In the first video of the series, which is posted to the FDA's youtube page, FDA Commissioner Scott Gottlieb, MD, and Leah Christl, PhD, Director of OND Therapeutics Biologics and Biosimilars Staff, CDER, FDA, discuss the promise that biosimilars offer in terms of providing more treatment options, more access to medications that can save lives, and the possibility that market competition can drive down the cost of health care.

"More and more drugs we see coming onto the market are biological products, and so a lot of the important treatments for cancers, a lot of important treatment for rare diseases or different disorders, are biological products," Dr Gottlieb said in the video.

The video highlights the FDA's abbreviated pathway to approval for biosimilar products and how it can reduce development costs and time to market, which can continue to open more doors for biosimilars.

"They're just as safe and effective as their traditional counterparts, and they could provide enormous savings to consumers through product competition," Dr Gottlieb concluded in the video.

For more information, watch the first video of the series below.

Related Videos
Atopic dermatitis on a patient's hand -- Image credit: Ольга Тернавская | stock.adobe.com
biosimilar word or concept represented by wooden letter tiles on a wooden table with glasses and a book | Image Credit: lexiconimages - stock.adobe.com
Image credit: alicja neumiler | stock.adobe.com
Laboratory test tubes and solution with stethoscope background | Image Credit: Shutter2U - stock.adobe.com
Portrait of young female pharmacist holding medication while using computer at pharmacy counter | Image Credit: Dragana Gordic - stock.adobe.com
biosimilar word or concept represented by wooden letter tiles on a wooden table with glasses and a book | Image Credit: lexiconimages - stock.adobe.com
Laboratory test tubes and solution with stethoscope background | Image Credit: Shutter2U - stock.adobe.com
Image credit: Krakenimages.com | stock.adobe.com
Human brain digital illustration. Electrical activity, flashes, and lightning on a blue background. | Image Credit: Siarhei - stock.adobe.com
Physician and kidneys
© 2024 MJH Life Sciences

All rights reserved.