Biologics were first introduced in the 1980’s. Examples include hormones such as insulin for diabetes as well as growth hormone.4 Today biologics are one of the fastest growing segments of the pharmaceutical industry – in 2014, 7 out of 10 of the most sold medicines in Europe were biologics.1 Biologics are also the fastest growing class of therapeutic products in the United States of America (USA) where they account for a substantial and increasing proportion of healthcare costs.2 Today, biopharmaceuticals have become indispensable components of the clinician’s armamentarium for the treatment of serious and chronic conditions such as diabetes, autoimmune diseases, and cancers.3
As with other inventions, original biologics are patent protected, meaning that copies or duplications of such a product cannot be made until the patent has expired. Once the relevant patents have expired, biologics can be manufactured and marketed by companies other than the company that originally introduced the biologic to the market. This has given rise to a novel subclass of biologics or biopharmaceuticals known as biosimilar medicines or biosimilars for short.1, 4