The FDA's biosimilar approval reforms will cut the typical biosimilar approval timeline from 5-8 years down to about 2.5 years, saving over $100 million per drug.
“shortening the time frame from 5 to 8 years to 2 and 1/2 years or more” View on YouTube
In October 2025 the FDA under Makary announced it would eliminate onerous clinical-trial requirements for biosimilars, cutting roughly $200 million and years off development time, matching the predicted timeline reduction from 5-8 years toward roughly 2.5 years.