First-generation biologics introduced great advances in medical technology. As these and subsequent innovative biologic products mature, the concept of biosimilars is of increasing interest. The term "biosimilars" (also called "follow-on biologics") refers to products that are intended to copy previously-approved, innovator biologics and are submitted for approval based on similarity to the innovator product. Biologics are manufactured using live cells, making biosimilars unique and fundamentally different from small molecule generic drugs, which are virtually identical versions of innovator products.
The U.S. Food & Drug Administration (FDA) reviews and approves biologics under the provisions of the Public Health Service Act (PHSA) for use in the United States. The "biological standard" for approval requires demonstration that biologic products are "pure, potent, and safe" and that the manufacturing facility is designed to assure the product continues to be pure, potent, and safe. The recent passage of the Patient Protection and Affordable Care Act (PPACA) establishes a foundation for biosimilars to enter the marketplace. While the PPACA created a general framework, the law also allows FDA authority to establish rules and guidance that will govern the specific requirements and procedures for reviewing and approving biosimilars.
MedImmune supports a regulatory pathway for biosimilars that is focused on patient safety, product efficacy and continued incentives for biotechnology innovation. We believe a biosimilars pathway should ensure a robust regulatory review process similar to innovator product standards and that all biosimilars applicants should be required to conduct clinical trials that demonstrate sufficiently similar product safety, efficacy and immunogenicity relative to the innovator product.
At MedImmune, we recognize the need for continued incentives for innovator companies to invest in the development of novel, life-changing biologic medicines. We maintain that strong patent protection is the cornerstone of stimulating biologic innovation and we continue to support implementation of effective innovator-data exclusivity for innovator biologics.
We believe that the ongoing innovation in biologics will continue to bring substantial advances in medical sciences. MedImmune is moving ahead with a strong commitment to innovation, patient safety and product efficacy. We look forward to continuing to revolutionize patients' lives.