Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact firstname.lastname@example.org.
SOURCE University of Maryland
Speakers from FDA, NIST, Amgen, MedImmune, Teva to Discuss Policy, Company Strategies for Making Potentially Cheaper, Similar Therapeutics
COLLEGE PARK, Md., May 7, 2014 /PRNewswire-USNewswire/ -- The University of Maryland and the National Institute for Standards and Technology (NIST) will host the first national symposium to discuss biosimilar therapeutics on June 13, 2014, at the Institute for Bioscience and Biotechnology Research in Rockville, Md., university officials announce today.
The event, "Emerging Strategies for the Production and Characterization of Biosimilars," kicks off the first annual UMD/NIST Biomanufacturing Technology Summit, which pulls together company, government and academic thought leaders from around the world each year to discuss strategies, trends and issues in biotechnology products and manufacturing.
"The University of Maryland and NIST are proud to host this conference on one of the most important topics facing the biotechnology industry today," said Ben Woodard, Director of the Biotechnology Research and Education Program at UMD, co-organizer of the symposium. "Biosimilars present a unique challenge: while they could mean more affordable drugs for consumers, they also require unique standards and regulations to ensure their efficacy and safety. We are pleased to bring together thought leaders from biopharmaceutical companies, academe, and standards and regulations officials all to the same table to discuss strategies for producing these therapeutics."
The Emerging Strategies for the Production and Characterization of Biosimilars symposium features morning sessions on the Bioanalytical Characterization of Biosimilars. Speakers include:
The symposium's afternoon sessions cover Biopharmaceutical Industry Perspectives of Biosimilar Characterization. Speakers include:
Both the morning and afternoon sessions will feature panel discussions following individual presentations.
Biosimilars, also called follow-on biologics, are structurally similar versions of commercial therapeutics that tests show are sufficiently similar both architecturally and clinically. The promise is cheaper therapeutics for consumers after an initial drug's patent expires.
But biosimilars are biologics, or drugs created using biological processes (not chemically synthesized), and they are more complex to manufacture. Even small changes to the way they are made can change the drug's safety and efficacy, which presents a unique challenge to standards and regulation agencies such as NIST and the Food and Drug Administration.
The FDA gained the authority to approve biosimilars as part of the Patient Protection and Affordable Care Act in 2010, but none have yet been approved.
This summit brings together, for the first time in the region, biopharmaceutical companies, academe, and government standards and regulation officials to discuss the potential and challenges of biosimilars.
For more information and to register for the 2014 Biomanufacturing Summit: Emerging Strategies for the Production and Characterization of Biosimilars, visit: http://ter.ps/biosummit
About the University of Maryland
The University of Maryland is the state's flagship university and one of the nation's preeminent public research universities. A global leader in research, entrepreneurship and innovation, the university is home to more than 37,000 students, 9,000 faculty and staff, and 250 academic programs. Its faculty includes three Nobel laureates, two Pulitzer Prize winners, 49 members of the national academies and scores of Fulbright scholars. The institution has a $1.8 billion operating budget, secures $500 million annually in external research funding and recently completed a $1 billion dollar fundraising campaign.
©2012 PR Newswire. All Rights Reserved.