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FDA Streamlines Biosimilar Approvals, Promises Lower Drug Prices

10/29/2025

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Story summary
  • The U.S. Food and Drug Administration on October 29, 2025 announced plans to streamline biosimilar approvals.
  • The draft guidance would reduce the need for extensive human clinical trials by allowing analytical testing.
  • The reform could shorten the time to market for biosimilars from five to eight years and save $100 million.
  • Health and Human Services Secretary Robert F. Kennedy Jr. said the changes will boost competition and lower drug prices.