Brox.AI's co-founder and CEO on why telling an AI to pretend to be a doctor isn’t the same as cloning one — and why that distinction matters for pharma.
|Articles|August 14, 2015
US Biosimilars Market "Worth $11bn by 2020", Says Report
August 14, 2015.
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The US biosimilars market will be worth $11bn by 2020 and biosimilars will account for 4% to 10% of the biologics market total by 2020, according to ReportsnReports'
With the expected patent expiration of twelve biologics by 2020, biosimilars are expected to competitively penetrate the biologic's market. By 2019, 50% of the biologics market will belong to off-patent drugs, states the report, with the top five biologics targeted by biosimilar developers being Avastin, Enbrel, Herceptin, Humira and Rituxan, which together generate revenues of about $50 billion annually.
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