Max Nisen, Columnist

Allergan's Biosimilar Pullback Won't Be the Last

The market just can't support the crowd of current entrants.
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The hot new thing in pharma -- "biosimilar" drugs -- is getting so crowded that soon nobody will want to go there any more.

Biosimilars are a relatively new wave of generic-like drugs that substitute for biologic drugs, which are made with living cells rather than chemicals. Many big pharma companies have jumped into the market with both feet.