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Biosimilars and Complex Generics The rise of biosimilars and complex generics is changing the dynamics of market exclusivity. Staying informed about future trends, such as biosimilars and personalized medicine, is crucial for adapting strategies.
Based on the report’s data, the market is also advancing due to greater amount of research being conducted on the production of biosimilars/biomolecules, monoclonal antibodies, and tiny therapeutic peptides.
He put forth the importance of Research and Development and regulatory systems, particularly for the deeper work needed in the biologics and biosimilar space. He praised the reforms undertaken by the Government in the last decade, which have helped the industry thrive, particularly through structural and processimprovements.
Sasmitha Sahu, Managing Consultant, GlobalData states, “While India has demonstrated success in generic drug production, the same is not true for novel and biosimilar biopharma products.”
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