US biosimilar norms to keep local drug cos in good health
Mumbai: The US Food and Drug Administration’s (FDA) latest draft guidelines aimed at making it faster and less costly to develop biosimilars-lower-priced close copies of complex biologic drugs-could be a big boost for Indian biotech companies, top industry officials said. Companies such as Biocon, Dr Reddy’s Laboratories and Intas, which are invested heavily in biosimilars,…