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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.

Reference Based Pricing

A pricing scheme for prescription drugs that is designed to lower the overall expenditures on pharmaceuticals. The programs lump drugs that target specific issues into…