Philadelphia Medicine Summer 2021 - 18

FEATURE
philamedsoc .org
A Place for
Biosimilars
Medications are
similar versions of
widely-prescribed
biologic therapies
By David A. Kostival
Contributing Writer
A
lmost everyone's medicine cabinet contains some sort of manufactured
drug that has been made by combining chemical
ingredients in an orchestrated process.
Chemical drugs have been the dominant source of treatments for
well over a century.
Newer to the pharmaceutical market are what are known as
biologic therapies, or biologics. A biologic medication, according to
medicinenet.com, is a product that is produced from living organisms,
or at least contains components of living organisms. These drugs were
developed to combat specific diseases such as cancers, Crohn's disease
or rheumatoid arthritis.
Biologics have been used successfully to treat many life-threatening
and chronic diseases.
According to Pfizer, from 2008 to 2018, biologics have grown
from 13% to 25% of new FDA approvals.
One drawback to biologics for both pharmacies and insurance
companies is that they are incredibly expensive.
There is, however, a potentially lower-cost option that has been
emerging in the market over the last decade, known as a biosimilar drug.
18 Philadelphia Medicine : Summer 2021
http://www.philamedsoc.org http://www.medicinenet.com

Philadelphia Medicine Summer 2021

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