FDA Approves First Inexpensive ‘Biosimilar’ Medications

Being diagnosed with a life-threatening or incurable disease is Being diagnosed with a life-threatening or incurable disease is often the beginning of a long journey of recovery, synonymous often the beginning of a long journey of recovery, synonymous with financial hardship due to the expensive nature of life-saving with financial hardship due to the expensive nature of life-saving medications and treatments. medications and treatments.

On Friday, March 6th, the FDA authorized Zarxio, the nation’s first “biosimilar” drug to hit the market, to be distributed to patients and used to treat cancer.

Replacing Neupogen, an extremely expensive cancer medication first approved in 1991, Zarxio’s similar but more cost-effective formula should allow patients to receive the same benefits without ruining themselves financially.

If you’ve ever heard of biological drugs, you can probably already guess what a biosimilar is: a synthesized drug made to be functionally identical to a biological drug, or a drug that was made using or derived from biological components.

The great thing about ‘biosimilars’ is that they’re cheaper to create, and those savings are passed on to the patients who need them

Within an entire industry of hospitals, private physicians, specialists, and health

insurance, California alone could

save an incredible amount of money.

States where cancer is most common stand to benefit the most from this advancement, especially states with unusually high cancer rates like...

- Kentucky - Louisiana - Connecticut - Delaware - New York

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What risks do you believe may be associated with synthesized biosimilar drugs?

Would you consider this less-expensive alternative if it was proven to be just as effective?

Let us know in the comments section below!