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Moderna has announced positive Phase III data for its COVID-19/influenza combination vaccine, mRNA-1083. The investigational combination mRNA vaccine generated statistically significant higher immune responses in relation to the licensed comparator vaccines used in the randomized, observer-blind, active control study among 8,000 adults aged 50 years and older. This development comes less than two weeks after […]
China leads APAC in institute-led clinical trials, reveals GlobalData
With the evolving landscape of drug development and innovations, several institutes are serving as catalysts by partnering with pharmaceutical companies to drive progress at various stages of research and development. These collaborations are particularly significant in advancing clinical trials, a critical step in drug development. Against this backdrop, within the Asia-Pacific (APAC) region, China leads […]
BIOSECURE Act forces US pharma to reevaluate China manufacturing reliance, says GlobalData
As the BIOSECURE Act progresses through the US legislative process, the US pharmaceutical industry finds itself at a crossroads. With heavy reliance on Chinese contract manufacturers, US companies are reevaluating their partnerships amidst the proposed regulations aimed at safeguarding national security interests. While the Act remains a topic of debate, some anticipate potential onshoring benefits, […]
Roche’s Vabysmo further showcases stronghold across wAMD and DME spaces, says GlobalData
Roche has recently presented post-hoc analysis results of the TENAYA (NCT03823287) and LUCERNE (NCT03823300) trials of Vabysmo (faricimab), a VEGF and Ang2 inhibitor, at the Association for Research in Vision and Ophthalmology (ARVO) conference. The data not only showcases Vabysmo’s efficacy in wet age-related macular degeneration (wAMD) and diabetic macular edema (DME) but also the […]
Climate change to drive growth in multiple sclerosis market, says GlobalData
A June 2024 literature review, published in the Lancet Neurology, by Sisodya and colleagues revealed that climate change has the potential to intensify multiple sclerosis (MS) symptoms. The collated evidence aligns with GlobalData’s MS epidemiology and market forecast, which anticipates an uptick in the prevalence and disease severity of MS. The rise of a more […]
Biosimilar market poised for significant growth in the coming years, says GlobalData
The rise of biologics has revolutionized treatments for traditionally hard-to-treat diseases, leading to the growth of the biosimilar market. As more biologics lose patent protection, the influx of biosimilars is set to expand, offering cost-effective alternatives and significantly impacting their respective markets. This dynamic shift promises broader access to critical therapies, according to GlobalData, a […]
Moderna’s mRESVIA FDA approval paves way for mRNA vaccines across multiple indications, says GlobalData
Moderna’s respiratory syncytial virus (RSV) vaccine mRESVIA has received FDA approval for use in adults aged 60 years and older, marking the first time that an mRNA vaccine has been approved for a disease other than COVID-19. This approval represents a significant development in the field and will likely encourage the use of mRNA technology […]
Biopharmaceutical industry’s growth optimism surges but lags behind 2022 levels, says GlobalData
The biopharmaceutical industry is showcasing increasing optimism regarding its growth prospects over the next 12 months. While the upward trend is a positive sign, it remains below the levels of confidence seen in 2022, finds GlobalData, a leading data and analytics company. In a recent GlobalData’s survey*, “The State of the Biopharmaceutical Industry 2024 (mid-year […]
Biopharmaceutical industry remains mixed over EU reform proposals, finds GlobalData
Reforms to the European Union’s (EU) general pharmaceutical legislation emerge as one of the key policy developments affecting the operating environment for the pharma industry. In a survey, respondents’ opinions on the impact of EU reform proposals were mixed, with the percentage of participants expressing positive, negative, or neutral views remaining varied, according to GlobalData, […]
Amylyx’s efforts to explore other indications for Relyvrio seem to be bearing fruit, says GlobalData
In March 2024, Amylyx Pharmaceuticals announced that Relyvrio, a neuroprotective agent, failed to achieve its primary efficacy endpoints in the global Phase III PHOENIX trial for amyotrophic lateral sclerosis (ALS). Relyvrio/Albrioza was first approved in the US and Canada in September 2022 for the treatment of ALS. However, following the monumental setback, on April 4, […]
ADHD market to decline by over $900 million in 7MM during 2022-32, forecasts GlobalData
The attention-deficit/hyperactivity disorder (ADHD) market across the seven major markets (7MM*) is forecast to decline at a negative compound annual growth rate (CAGR) of 0.8% from $11.9 billion in 2022 to $11.0 billion in 2032, driven by patent expiries, high generic uptake in the largest ADHD market, namely the US, and limited innovator entrants, according […]
PROTACs oncology market to hit $3.7 billion by 2030 despite lack of approved therapies, says GlobalData
Proteolysis targeting chimeras (PROTACs) are a promising approach to cancer treatment, yet after over two decades of research, not a single PROTAC has gained FDA approval. PROTACs are novel bifunctional compounds that promote the degradation of a protein of interest (POI) by connecting a POI ligand to an E3 ubiquitin ligase (E3) ligand through a […]
IGNAZ trial interim results highlight HI-Bio’s potential to differentiate in IgAN space, says GlobalData
At this year’s European Renal Association, positive results were presented from Human Immunology Bioscience’s (HI-Bio) interim results of the Phase II IGNAZ clinical trial. According to the results, the use of MOR-202 (felzartamab) demonstrated a deep and durable reduction in proteinuria in patients with immunoglobulin A (IgA) nephropathy (IgAN). The drug potentially fills an unmet […]
Neurology remains key therapeutic area for Japan pharma majors, says GlobalData
In the dynamic landscape of healthcare, key neurological disorders like Alzheimer’s disease, epilepsy, Parkinson’s disease, and depression pose significant challenges, particularly in the Asia-Pacific (APAC) region, where prevalence is high. The World Health Organization stated in March 2024 that “over 80% of neurological deaths and health losses occur in low- and middle-income countries, and access […]
Verona’s Ensifentrine attracts positive opinions in light of anticipated US launch for COPD, says GlobalData
Verona Pharma recently announced that they are finalizing preparations for a potential US launch of Ensifentrine in the third quarter of 2024, depending upon the FDA’s approval, set for June 26, 2024. The first-in-class dual phosphodiesterase (PDE) 3/4 inhibitor aims to reduce exacerbations in chronic obstructive pulmonary disease (COPD) patients, administered as a nebulized formulation. […]
Osteoporosis Awareness & Prevention Month highlights need for prioritizing early diagnosis and advanced treatments, says GlobalData
The Bone Health and Osteoporosis Foundation (BHOF) observes the month of May every year as Osteoporosis Awareness & Prevention Month to shed light on the critical needs of those living with osteoporosis. Advocates emphasize the importance of enhancing education, research, and healthcare strategies to tackle this prevalent, yet frequently neglected condition. Prioritizing prevention, early diagnosis, […]
AbbVie’s strong immunology portfolio to offset Humira losses, says GlobalData
For 20 years, AbbVie’s Humira (adalimumab) has been one of the world’s top-selling products. However, the US drug expiry in January 2023 resulted in a 32% decline in sales of Humira in 2023, accompanied by a 7% drop in the company’s total revenue for that year. As further sharp declines are expected for Humira, AbbVie […]
Total prevalent cases of osteoporosis to surpass 58.05 million in 7MM in 2033, forecasts GlobalData
The total prevalent cases of osteoporosis in the seven major markets (7MM*) are projected to increase from 51.17 million in 2023 to 58.05 million in 2033, with an annual growth rate (AGR) of 1.34%, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Osteoporosis – Epidemiology Analysis and Forecast to 2033,” reveals that […]
Innovent Biologics mazdutide can pave way for transformative T2D treatment, says GlobalData
Innovent Biologics Inc has recently unveiled promising Phase III (DREAMS-2) results for mazdutide, indicating superiority over dulaglutide in glycaemic control for type 2 diabetes (T2D) patients in China. With its potential to revolutionize T2D treatment, mazdutide’s success could not only reshape the landscape of diabetes therapeutics in China but also underscores the growing demand for […]
Non-injectable medication development remains significant unmet need in female infertility, says GlobalData
Great progress has been made in the management of female infertility since the introduction of assisted reproductive technology, predominantly in vitro fertilization (IVF). However, despite the improvements made in the space, challenges associated with the treatment remain. The development of non-injectable fertility medications represents a significant unmet need, according to key opinion leaders (KOLs) interviewed […]