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foreign [Music] today we have an exciting topic to discuss the future of biosimilar medicines and how theyre set to replace generic medicines but first if you havent already make sure to hit that subscribe button and turn on notifications to stay up to date with our latest videos now lets Dive In before we dive into the world of biosimilars lets first understand what generic medicines are generic medicines are copies of brand name drugs that have the same active ingredients dosage safety and Effectiveness as their branded counterparts they are usually less expensive which makes them more accessible to a broader population now lets explore biosimilar medicines biosimilars are a type of biological product that is highly similar to an existing approved biological product known as a reference product they are derived from living organisms and used to treat various diseases such as cancer rheumatoid arthritis and diabetes biosimilars offer a more affordable alternative to their referen