The Patent Cliff Wave: Tracking Major Biologic Expirations and the Influx of Biosimilar Competition Reshaping the Pharmaceutical Industry.
The single most powerful economic catalyst for the biosimilars market is the ongoing wave of patent expirations, often referred to as the "patent cliff," affecting original biologic drugs. Biologics, which represent a significant portion of pharmaceutical spending, are protected by intellectual property rights that provide years of market exclusivity. Once these foundational patents expire, the...
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