News Related to Ankylosing Spondylitis

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FDA Eases Biosimilar Approval Process as Market Generates $56 Billion in Savings

Mar 24, 2026

The FDA has eased biosimilar approval procedures as these therapies have generated $56 billion in savings since 2015. New guidance eliminates comparative efficacy studies, potentially saving manufacturers $100 million per product and cutting development time by 50%. Despite growth to 23% of the biologics market, a "biosimilar void" threatens $232 billion in missed savings over the next decade.

Bio-Thera Expands Partnership with Intas for Golimumab Biosimilar in India

Mar 23, 2026

Bio-Thera Solutions expands its partnership with Intas Pharmaceuticals for BAT2506, a golimumab biosimilar, through an exclusive commercialization agreement for India. The India biosimilars market is projected to grow from $184 million to $1.02 billion by 2035, driven by patent expirations and strategic partnerships.