Iqbal Ramzan

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Insulin, which is used for controlling diabetes and has been in the market for 30 years, was the first biologic. Yusmar Yahaya/Flickr

Explainer: what are biologics and biosimilars?

Veysel Kayser, University of Sydney and Iqbal Ramzan, University of Sydney

Biologics are widely accepted as the most effective way of treating certain diseases. They have become the fastest-growing class of therapeutic compounds, with about 300 now available for human use.

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