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Biological Drugs

Biological, or Biologic, drugs are those made by or from living organisms (i.e. gene therapy, vaccines, antibodies, stem cells); such drugs, and their generic forms, known as biosimilars or follow-on biologics, are regulated by the FDA.

Sustainable Growth Rate (SGR)

A target growth rate for Medicare spending enacted by law in 1997 that, if exceeded, is supposed to trigger physician payment cuts. The SGR-triggered cuts…