US Biosimilars See A Banner Year Despite Few Approvals

Multiple Products Compete On Key Molecules As Insulins Make Transition

With several biologic molecules opened up to true multi-source competition over the course of 2020, the US biosimilars landscape now looks very different from the start of the year.

2020 2021 dial speed
US biosimilar competition ramped up in 2020 • Source: Shutterstock

At first glance, the US Food and Drug Administration’s numbers for biosimilar approvals in 2020 may not look impressive. After a record 10 biosimilar approvals in 2019 – following seven in 2018 and five in 2017 – the agency approved just three new US biosimilars in 2020.

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