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Japan Considers Switching to Lower-Cost Generic Biopharmaceuticals

NHK News reports government discussions on replacing expensive biopharmaceuticals with affordable generic alternatives to reduce healthcare costs.

Summary

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Terms & Concepts
  • Biopharmaceuticals: Medical drugs produced using biotechnology, often derived from living cells or organisms.
  • Generic Drugs: Medications equivalent to brand-name drugs in dosage, strength, and performance, typically sold at lower prices.