Biologics are the group of drugs that have been developed from naturally occurring systems (living systems including human, animal, plant or microbes) and manufactured by various biotechnology methods like rDNA technology, controlled gene expression, and antibody technology. Biologics can be used to treat variety of conditions for which there are no other treatments because of their complexity.
Biologics are employed to treat a variety of diseases and conditions, having most advanced therapies available. Diseases treated using Biologics include cancer, psoriasis, rheumatoid arthritis, and inflammatory bowel diseases like Crohn’s disease.
Biosimilars are rapidly expanding in a way to bring value to Health Care. Biosimilars provide lower cost treatment option, reducing the economic burden, making these treatments more accessible and ultimately enhancing the quality of life for patients.
India is one of the emerging health hubs for biologics and biosimilars. Several companies have been at the forefront of development and commercialization of biologics and biosimilars.