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FDA announces plan to slash ‘sky-high’ drug costs and save Americans money

Health and Human Services Secretary Robert F. Kennedy Jr. said during a news conference on Wednesday that "we’re cutting unnecessary red tape, reducing uncertainty and making it easier for innovators to bring the safe, affordable biosimilars to the market." (ALEX BRANDON/AP)
Health and Human Services Secretary Robert F. Kennedy Jr. said during a news conference on Wednesday that “we’re cutting unnecessary red tape, reducing uncertainty and making it easier for innovators to bring the safe, affordable biosimilars to the market.” (ALEX BRANDON/AP)
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The FDA said it proposed significant changes to simplify biosimilarity studies and reduce what it described as unnecessary clinical testing of the lower-cost "generic" alternatives to biologic drugs that treat serious diseases. The agency said it is also planning initiatives to make it easier for biosimilars to be approved as interchangeable with brand-name biologics.

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