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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.

Inpatient Prospective Payment System (IPPS)

Medicare's system of paying for inpatient hospital care based on a set price for that diagnosis (DRG) that is then adjusted for factors such as…