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Last updated Nov 2021

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The Potential Benefits and Advantages of Biosimilars

Biosimilars cost savings: a valuable impact on healthcare costs

Biosimilars are expected to have a robust impact on lowering healthcare costs

Biosimilars are expected to save the EU up to $44B in healthcare costs by 2020.¹
Over the next 5–10 years in the US, it is estimated that biosimilars can save the healthcare system approximately $150B.²

The value of biosimilars in the marketplace

Biosimilars offer the opportunity for system-wide cost savings³
The introduction of biosimilars can provide headroom for greater investment in innovator products³
Biosimilars can provide more treatment options to patients with serious illnesses³

The value of biosimilars

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References: 1. Inside Sources. Europe demonstrates benefits of a strong biosimilars marketplace. www.insidesources.com/europe-demonstrates-benefits-strong-biosimilars-marketplace/. Accessed October 29, 2019. 2. The Center For Biosimilars. Biosimilars market is ripe for cost savings. www.centerforbiosimilars.com/contributor/chad-pettit/2019/06/biosimilars-market-is-ripe-for-cost-savings. Accessed October 29, 2019. 3. The Biosimilars Council. Biosimilars in the United States. http://biosimilarscouncil.org/wp-content/uploads/2019/03/Biosimilars-Council-Patient-Access-Study.pdf. Accessed October 29, 2019.