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China-based Qilu Pharmaceutical received approval in December 2019 for QL-1101 under the trade name Ankada, a biosimilar to Avastin (bevacizumab), to treat advanced, metastatic or recurrent non-small-cell lung cancer (NSCLC) and metastatic colorectal cancer (mCRC). Being the first approved Avastin biosimilar in China, Ankada will have the first-mover advantage, however its success will depend on a strong […]
UK leaves the EU: It will take years for the UK healthcare sector to stabilize, says GlobalData
The end of January 2020 marked the start of the Brexit transition period as, after more than three years of anticipation, the UK separated from the EU. The disastrous ‘No Deal’ scenario has been avoided, and there will be no sudden change for businesses – however, there are still more questions than answers on the […]
Uncertain regulatory environment affecting growth and investments in India’s e-pharmacy sector, says GlobalData
Lack of progressive and proactive e-pharmacy regulatory framework is impacting the overall growth potential and future investments in the Indian e-pharmacy sector, says GlobalData, a leading data and analytics company. In a bid to prohibit the unauthorized sale of medicines by certain e-pharmacies, the Drug Controller General of India (DCGI) ordered all states and union […]
Partnerships in the augmented and virtual reality space reflect growing interest in healthcare applications
In recent years, an increasing number of partnerships have been forged between large technology companies, start-ups developing healthcare-specific applications, hospitals, and research centers in the virtual reality (VR)/augmented reality (AR) space due to increasing healthcare expenditure and the need for cutting-edge technologies to aid the development of novel therapies and diagnostics, according to GlobalData, a […]
Vaccine developments will bolster interest and market growth in the infectious diseases space, says GlobalData
Looking to the horizon for 2020, Michael Breen, Associate Director of Infectious Diseases, and Philipp Rosenbaum, Infectious Diseases Analyst, at leading data and analytics company GlobalData, comment on the key trends and events shaping the vaccines space in 2020. Expansion into new patient segments and geographies Breen says: “Merck’s Gardasil franchise has proven to be […]
Incyte’s topical Jakafi draws long-term side-effect caution, says GlobalData
Following Incyte’s announcement about positive topline Phase III results for topical Jakafi (ruxolitinib) in the treatment of mild-to-moderate atopic dermatitis (AD); Reynald Castaneda, Pharma Writer for the Investigative News team at GlobalData, a leading data and analytics company, discusses his reporting: “While experts I interviewed prior to Incyte’s announcement were optimistic about the Phase III’s […]
China’s lightning response to new Wuhan coronavirus outbreak may not be enough, says GlobalData
Following the news that the spread of the Wuhan coronavirus developed into a dangerous epidemiology outbreak with potential impact worldwide; Kasey Fu, Director of Epidemiology at GlobalData, a leading data and analytics company, provides her view: “China finds itself in a familiar situation from almost 20 years ago during the severe acute respiratory syndrome (SARS) […]
Immuno-oncology drugs and agents with novel MoAs to further influence treatment paradigms in cancer indications in 2020, says GlobalData
As 2020 commences for the pharmaceutical industry, Fern Barkalow, PhD, Senior Director of Oncology and Hematology, as well as members of her analyst team at leading data and analytics company GlobalData comment on some of the key trends that will continue to influence clinical development in both solid tumors and hematological cancers in 2020, including […]
Mesoblast’s stem cell candidate for chronic low back pain expected to have market access challenges, says GlobalData
In the search for non-opioid options to treat pain, Mesoblast has turned to a stem cell approach, which is currently in late-stage development for chronic low back pain. However, interviewed experts say its potential for Phase III success is uncertain due to scant human evidence with this stem cell product for treating pain. Even if […]
Positive FIREFISH trial results to bolster risdiplam as favored treatment option for SMA patients
Following the news that Roche reported positive results from Part 2 of the pivotal FIREFISH trial for spinal muscular atrophy (SMA) patients; Vinie Varkey, Senior Analyst of Neurology & Ophthalmology at GlobalData, a leading data and analytics company, offers her view on the implications of this trial for the SMA market: “From a mechanistic point […]
NRDL a promising sign for increased market access to innovative drugs in China, says GlobalData
In November 2019, China updated its National Reimbursement Drug List (NRDL) to include 70 new medicines, with an average price cut of 61% agreed by pharma companies. This a promising opportunity for innovative drug manufacturers to foray into the second largest pharmaceutical market in the world after the US in terms of value, says GlobalData, […]
HIV first-in-class pipeline sees high levels of innovation that targets drug resistance and latency reversal
The human immunodeficiency virus (HIV) pipeline is robust, with 450 products in active development that display a high degree of novelty and diversity. Promisingly, there are 87 first-in-class products that act on a range of 50 molecular targets, which can broadly be classified as host or viral factors, indicating a high level of innovation in comparison with the marketed products, says GlobalData, a leading data and analytics company. The company’s recent report, ‘HIV: First-in-Class Therapies Target Major Unmet Needs Including Drug Resistance and Latency Reversal’, reveals that the majority of the 10 highest-ranking targets have […]
China can use lessons they learned from SARS outbreak to tackle new Wuhan coronavirus, says GlobalData
Following the news that cases of people infected with the Wuhan coronavirus rose to more than 270 laboratory-confirmed cases and the virus may spread from human-to-human; Philipp Rosenbaum, Infectious Diseases Analyst at GlobalData, a leading data and analytics company, provides his view: “China has experience with this kind of viral outbreak. The new coronavirus 2019-nCoV […]
Key trends that will shaped the immunology market in the last decade, according to GlobalData
From an increase in sales of interleukin inhibitors to the prevalence of biosimilars, this decade has been an eventful one in the immunology industry. Patrick Aiyes, Senior Immunology Analyst at leading data and analytics company GlobalData, observes the key trends that has shaped the immunology market in the last decade: Key immunology drugs “The immunology […]
Antibiotic stewardship programs a double-edged sword for tackling sepsis, says GlobalData
News earlier this week highlighted that new data have emerged suggesting that sepsis is a bigger killer than cancer. Sepsis has proven to be deadly, but perhaps its most pernicious aspect is that it results from myriad factors, including uncontrolled infection and inflammatory processes across multiple organs. Experts interviewed by data and analytics company GlobalData routinely […]
7MM to see sepsis cases grow to 3.1 million by 2026, says GlobalData
Following the news that sepsis has been found to be a bigger killer than cancer worldwide in a study by Rudd et al; Kasey Fu, Director of Epidemiology at GlobalData, provides her view: “The *7MM will see diagnosed incident cases of sepsis grow at an annual growth rate (AGR) of 2.06% per year over the […]
Immuno-oncology and personalized medicine will continue to drive the pharmaceutical industry in 2020
Nearly three quarters of global industry stakeholders identified immuno-oncology (I-O) or personalized medicine as the most impactful trends that will shape the pharmaceutical sector in 2020, says GlobalData, a leading data and analytics company. Claire Herman, Global Director of Therapy Analysis and Epidemiology at GlobalData, comments: “For the second consecutive year, our survey found that […]
Heart failure market to surpass $22bn by 2028 as arrival of SGLT inhibitors triggers huge growth
The heart failure (HF) market is expected to grow from $3.7bn in 2018 to $22.1bn in 2028 across the eight major markets (8MM*) at an impressive compound annual growth rate (CAGR) of 19.5%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Heart Failure: Global Drug Forecast and Market Analysis to […]
Biosimilars will contribute to cost-savings in US pharmaceutical industry in 2020
The pharmaceutical industry is mixed on the factors that will have the greatest positive impact on the industry in 2020, with patent expiry of biologics and vertical integration highlighted as some of the key areas of interest, says leading data and analytics company, GlobalData. According to the company’s latest annual outlook report, ‘The State of the Biopharmaceutical Industry – 2020’, about 20% of survey respondents respectively identified patent expiry of biologics and vertical integration […]
Pricing and reimbursement concern to remain the leading impediment to industry growth in 2020
In 2020, drug pricing pressure from regulators and payers will remain and aggressive negotiation tactics to drive down drug prices will continue, according to GlobalData, a leading data and analytics company. The company’s latest annual outlook report, ‘The State of the Biopharmaceutical Industry – 2020’, reveals that 49% of global industry survey respondents believe that […]