News Release
Biosimilar Drugs Could Generate $38.4 Billion in Savings over Five Years
Jan 10, 2022
Published in: American Journal of Managed Care, Volume 28, No. 7 (July 2022)
Posted on RAND.org on January 26, 2022
Substituting biosimilar drugs for biologics could drive down the price of 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.
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