29 March 2016 - Lower-cost copies of complex biotech drugs, known as biosimilars, could save the United States and Europe's five top markets as much as 98 billion euros ($110 bln) by 2020, a new analysis showed on Tuesday.

Realizing those savings, however, depends on effective doctor education and healthcare providers adopting smart market access strategies, the report by IMS Institute for Healthcare Informatics said.

The potential for copycats to take business from original biotech brands is increasingly grabbing the attention of investors, with many worried about the impact on profits at companies like Roche and AbbVie.

It also presents an opportunity for an emerging group of biosimilar specialists, such as South Korea's Celltrion and large generic drugmakers with biotech know-how, like Novartis' unit Sandoz.

For more details, go to: http://www.reuters.com/article/us-biotech-biosimilars-idUSKCN0WV07Q