Max Nisen, Columnist

With Biosimilars, Big Pharma Fights Itself

Competition for complex, expensive blockbusters will keep rising.
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Fighting yourself is a losing battle.

A long-cherished hope of some companies that make expensive biologic medications -- complex drugs made with living cells -- is that they were relatively safe from competition because biologics are tougher to copy and replace than traditional drugs. That's looking a bit less true every day.