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Where a generic medicine is a cheaper identical “copy” of a branded traditional small molecule drug, biosimilar are “me-too” versions of modern, large molecule complex biologic medicines

Switching from a branded biologic drug to a cheaper “biosimilar” makes no meaningful difference to patients suffering from a series of chronic inflamm(...)

Merck & Co. Inc. Januvia brand medication, used to treat type2 diabetes, sit on a pharmacy shelf. Photograph: Daniel Acker/Bloomberg

Drugmaker Merck on Wednesday issued a cautious 2016 outlook and reported disappointing fourth-quarter sales of its Januvia diabetes treatment and its (...)