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$1 billion-plus windfall at risk
Posted 20 November 2024 AM
A pending wave of biosimilars set to hit the market over the next five years could unleash a $1 billion windfall with the Generic and Biosimilar Association (GBMA) calling on the Federal Government to beef up policy in the space to fuel better uptake, or Australia risks missing the opportunity.
GBMA CEO, Marnie Peterson, said biosimilars can offset high-cost biologic medicines in the long-term treatment of chronic diseases such as cancers, rheumatoid arthritis, Crohn's disease, and multiple sclerosis.
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Posted 20 November 2024 AM
A pending wave of biosimilars set to hit the market over the next five years could unleash a $1 billion windfall with the Generic and Biosimilar Association (GBMA) calling on the Federal Government to beef up policy in the space to fuel better uptake, or Australia risks missing the opportunity.
GBMA CEO, Marnie Peterson, said biosimilars can offset high-cost biologic medicines in the long-term treatment of chronic diseases such as cancers, rheumatoid arthritis, Crohn's disease, and multiple sclerosis.
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