Novation Applauds New FDA Guidance Documents on Biosimilars

Novation expressed its approval of the FDA draft guidance on biosimilars in a news release.

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The company said the less expensive drugs could decrease costs by 20-30 percent when using European market as a model. However, Steven Lucio, director of pharmacy clinical solutions for Novation, said implementation of biosimilars will be a complicated process. Novation plans to expand two of its resources, the Drug Monograph Service and the biannual Drug Price Forecast, to include the availability of biosimilars.

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