Did you know India was the first country to produce and approve biosimilar in 2000, years before the US and Europe established their formal regulatory frameworks? While the UK established the world's first formal, dedicated regulatory pathway for biosimilars in 2003, India had already approved a recombinant Hepatitis B vaccine in 2000. This product successfully protected millions of people from disease and established the baseline for what has become a highly respected, multi-billion dollar global manufacturing powerhouse.
If you are wondering what a ‘Biosimilar product’ is we first need to know about ‘biologic drugs’. Unlike conventional medicines that are made through chemical processes, biologics are produced using living cells and are often used to treat complex diseases such as cancer, diabetes, autoimmune disorders, and chronic kidney diseases. A biosimilar is a medicine that is highly similar to an existing biologic medicine that has already been approved and used successfully by patients.Once the patent of an original biologic expires, other manufacturers can develop biosimilars that offer the same safety, quality, and effectiveness at a lower cost. This is transforming healthcare across the world by reducing treatment costs and increasing access to life-saving medicines. As a result, more patients can benefit from advanced therapies for chronic conditions and complex diseases. The growing acceptance of biosimilars by regulators and healthcare providers worldwide has further strengthened their role in modern medicine.
Presently India has emerged as one of the leading manufacturers of biosimilars globally.One of the biggest stepstone was the expiry of patents for several major biologic medicines after 2020 which created significant opportunities for Indian pharmaceutical and biotechnology companies to develop biosimilars for both domestic and international markets. Moreover positive factors like a skilled workforce, cost-effective manufacturing, and government initiatives, Indian companies have expanded their presence in this rapidly growing sector. India also ranks 2nd Globally for the total number of people living with certain major chronic non-communicable diseases (NCDs, which leads to rising demand for affordable biologic treatments. The Indian pharmaceutical industry currently supplies more than 60% of the world’s vaccines and accounts for over 20% of global pharmaceutical exports by volume, highlighting its significant role in global healthcare.
The future of biosimilars in India looks highly promising. Between 2025 and 2032, around 39 high-value biologic medicines are expected to lose patent protection, creating fresh opportunities for biosimilar manufacturers. Several of these biologics generate billions of dollars in annual global sales, making them attractive targets for biosimilar development. Indian companies are investing heavily in research and development, expanding manufacturing facilities, and building stronger global partnerships to capitalize on this opportunity. At the same time, government initiatives such as the Production Linked Incentive (PLI) Scheme and supportive biotechnology policies are encouraging investment in research, development, and large-scale manufacturing.
From pioneering one of the world’s earliest biosimilars to becoming a major global supplier of affordable biologic medicines, India has come a long way and is well positioned to become a leading global hub for high-quality biosimilars, contributing significantly to the future of healthcare worldwide.