Biosimilars (The High-Tech "Generics")
When a brand-name biopharmaceutical has been on the market for a long time, other companies can start making their own version. These are called Biosimilars.
Same Quality, Lower Cost: A biosimilar is not a "copy-paste" like a generic pill (because you can't perfectly copy a living thing), but it is "highly similar" and works exactly the same way in the body.
Strict Testing: Governments check biosimilars very carefully to make sure they are just as safe and effective as the original expensive version.
Better Access: By 2026, biosimilars have made life-saving treatments for Diabetes (Insulin) and Cancer much more affordable for families around the world.
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