When the Clock Runs Out: Biologics, Biosimilars, and the Revenue Reckoning Reshaping Biotech
Over the next decade, some of the most commercially dominant biologics in pharmaceutical history will lose patent protection, exposing hundreds of billions in annual revenue to biosimilar competition. The scramble to replace that income is forcing a fundamental reassessment of how biotech companies build, price, and sustain their pipelines. Whether the industry can innovate fast enough to outrun its own financial architecture remains one of the defining questions of modern medicine.