FDA Approved First Biotech Drug (Zarxio); A Milestone That Could Save Billions In Health-care Costs

March 8, 2015 5:29 PM

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The U.S. Food and Drug Administration surprisingly approved a generic version of a biotech drug, a tremendous breakthrough that could spare Americans billions of dollars.

As per an Associated Press report, biotech drugs are powerful medicines with great healing powers, however they haven’t been available in generic form because, unlike chemical and compound-based medicines, they are developed within living cells and are very hard to replicate cheaply.

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