Healthcare is an issue we all care about, and all of us—including those we love—will need medicine one day. AAM encourages voters and patients to advocate at the federal and state level for accessible prescription drugs. Your voice and your stories make a difference to policymakers and regulators.
Although advocacy priorities can change from month to month and year to year, a foundational principle remains: policy that helps foster a sustainable market for the generic and biosimilar industry ensures lower-cost medicines are always available for America’s patients.
Over 10 years of the Generic and Biosimilar programs at FDA, the generic and biosimilar industry has provided more than $4 billion for review and approval of lower-cost treatments for America’s patients. The result is more than $3 trillion in savings to patients, including $445 billion in savings in 2023 for patients and the U.S. healthcare system via FDA-approved generic and biosimilar medicines Savings from biosimilar medicines alone increased to $12.4 billion in 2023 and $36 billion since the first biosimilar entry in 2015.
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