There were 1,660 press releases posted in the last 24 hours and 442,772 in the last 365 days.

HHS Secretary Azar Praises FDA Announcement of Biosimilars Action Plan

Health and Human Services Secretary Alex Azar issued the following statement on FDA Commissioner Scott Gottlieb’s announcement of a Biosimilars Action Plan to aid the development of a market for biosimilars:

“Increased competition is one of the key strategies President Trump outlined in the American Patients First blueprint to bring down prescription drug prices. Biologics represent an increasingly common treatment option and make up 40 percent of American drug spending, competition from biosimilars is desperately needed. The challenges to building a market for biosimilars are even more complex than others in the drug space. But the FDA’s announcement demonstrates the Trump Administration is unafraid to take comprehensive action to deliver more competition, more choices, and lower prices for American patients."

Read the plan here: https://www.fda.gov/downloads/Drugs/DevelopmentApprovalProcess/HowDrugsareDevelopedandApproved/ApprovalApplications/TherapeuticBiologicApplications/Biosimilars/UCM613761

Read Commissioner Gottlieb’s speech announcing the plan here: https://www.fda.gov/NewsEvents/Speeches/UCM613452.htm

Read the American Patients First blueprint here: https://www.hhs.gov/sites/default/files/AmericanPatientsFirst

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.