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The prevalence of colorectal cancer (CRC) is surging across the eight major markets (8MM*) due to an aging population and increased mutation testing. With a projected market expansion from $15.8 billion in 2021 to $21.8 billion in 2031, at a CAGR of 3.3%, CRC presents a significant growth opportunity. This uptrend is primarily driven by […]
Otsuka’s new formulations to offset Abilify Maintena dual patent expiry impact, says GlobalData
Otsuka Pharmaceutical is poised for a strategic transition as it approaches the loss of market exclusivity of Abilify Maintena (Aripiprazole) in Europe and the US in October 2024. This significant development signals a forthcoming shift in the drug’s sales trajectory, highlighting Otsuka’s readiness to embrace changes with new formulations for continued growth in mental health […]
AI may automate diagnosis of lupus nephritis, says GlobalData
Systemic lupus erythematosus (SLE) is a chronic autoimmune that can affect multiple major organ systems in the body. One of its most severe manifestations is renal (kidney) involvement, known as lupus nephritis (LN). Although LN can be detected via blood or urine tests, a kidney biopsy is considered the most precise diagnostic approach. However, there […]
FDA awarded record number of review designations to CRISPR drugs in 2023, reveals GlobalData
In late 2023, Vertex Pharmaceuticals and CRISPR Therapeutics made history by gaining the first FDA approval for a CRISPR-based drug, exagamglogene autotemcel (Casgevy) for the treatment of sickle cell disease with vaso-occlusive crisis. This historic achievement coincided with a record number of 14 review designations awarded by the FDA to CRISPR-based therapies in 2023, according […]
Catalent to help Novo Nordisk address production demands for Ozempic and Wegovy, observes GlobalData
Following the news that Novo Holdings, the parent company to Novo Nordisk, has agreed to acquire contract development and manufacturing organization (CDMO) Catalent for $16.5 billion; Costanza Alciati, Pharma Analyst at GlobalData, a leading data and analyst company, offers her view: “Novo Nordisk has been struggling to meet the demand related to its GLP-1R agonists […]
GSK’s Arexvy label expansion will intensify competition with Pfizer’s Abrysvo in RSV space, says GlobalData
GSK’s vaccine Arexvy is currently undergoing regulatory review with the potential of being approved in Europe for use in adults aged between 50 and 59 who are at an increased risk for respiratory syncytial virus (RSV) infection. The European Medicines Agency (EMA) accepted the company’s regulatory application to expand the use of Arexvy on 29 […]
Merck seeks to develop novel T-cell engager therapies with TriTAC platform, says GlobalData
Merck has recently agreed to acquire cancer drug developer Harpoon Therapeutics for about $680 million. The deal includes promising compounds undergoing Phase II trials for malignancies and access to the Tri-specific T cell Activating Construct (TriTAC) platform, positioning the US-based pharmaceutical giant for significant advancements in therapeutic innovation. The focus lies on contesting the evolving […]
RNAs as biomarkers in lupus nephritis patients may improve diagnosis, says GlobalData
A groundbreaking study may revolutionize the diagnosis of lupus nephritis (LN) by unveiling unique microRNAs (miRNAs) in the blood serum of systemic lupus erythematosus (SLE) patients with LN. As vital regulators of gene expression, miRNAs show promise as potential predictors for LN in SLE patients, offering a more efficient alternative to current diagnostic methods involving […]
BrainStorm Cell Therapeutics signals continued hope for NurOwn by securing patents, says GlobalData
BrainStorm Cell Therapeutics is still navigating a three-year regulatory journey for the NurOwn therapy that was initiated in February 2021, marked by the FDA’s initial discouragement of filing a Biologics License Application (BLA). However, the recent acquisition of three new patents for NurOwn and NurOwn-Exosomes remains a safeguard for NurOwn’s cell therapy, fostering hope for […]
AstraZeneca and Sanofi Beyfortus to dominate RSV market in China, says GlobalData
AstraZeneca and Sanofi’s Beyfortus (nirsevimab), a long-acting monoclonal antibody (mAb), has been approved in China for the prevention of respiratory syncytial virus (RSV) lower respiratory tract infection (LRTI) in neonates and infants entering or during their first RSV season. With the first approved preventive option for RSV, AstraZeneca and Sanofi will dominate the market in […]
Mazdutide positive phase III results to help Innovent gain widespread adoption in China obesity market, says GlobalData
Innovent Biologics has recently made a significant breakthrough in obesity treatment with mazdutide, showcasing promising Phase III (GLORY-1) results. Poised to enter the Chinese market, mazdutide heralds a new era in obesity management, reflecting the China-based biotech company’s commitment to innovative healthcare solutions and addressing the growing need for effective obesity treatments in one of […]
Drug price controls and emphasis on preventive care top solutions to address healthcare inflation, says GlobalData
Inflation in healthcare refers to the persistent increase in the cost of medical goods and services over time. This phenomenon is driven by a combination of factors, including advancements in medical technology, rising labor costs, pharmaceutical innovations, and the complex interplay of supply and demand within the healthcare market. While there are several options for […]
Despite argenx Vyvdura approval, quest for definitive myasthenia gravis cure persists in Japan, says GlobalData
Japan has recently approved argenx’s Vyvdura (efgartigimod alfa and hyaluronidase-qvfc) subcutaneous (SC) injection for the treatment of adult patients with generalized myasthenia gravis (gMG), who do not have sufficient response to steroids or non-steroidal immunosuppressive therapies (ISTs). While introducing a novel subcutaneous administration route, Vyvdura adds to Japan’s myasthenia gravis (MG) treatment options. However, differentiation […]
Moderna leads development of mRNA vaccines in infectious diseases, reveals GlobalData
The global messenger ribonucleic acid (mRNA) vaccine market currently consists entirely of vaccines for COVID-19. The rapid sequencing of the SARS-CoV-2 viral genome and the subsequent development of mRNA vaccines in response to the pandemic led to the authorization of the first of these vaccines in December 2020. However, several pharmaceutical companies have mRNA vaccines […]
Antibody drug conjugates focus draws global pharma giants attention to China, says GlobalData
Antibody-drug conjugates (ADCs) represent a significant breakthrough in targeted cancer therapy. By blending the specificity of monoclonal antibodies with the potency of cytotoxic drugs, ADCs offer a targeted approach to cancer treatment, minimizing the damage to healthy cells. China has become a major force in the advancement of this innovative field. Consequently, global pharma giants […]
Surge in global deaths from fungal disease highlight unmet need, says GlobalData
The number of global fatalities due to fungal diseases has seen a significant increase over the past decade. This rising trend underscores the urgent need for heightened awareness and improved diagnostic methods. Additionally, there is a pressing demand for the development of new products in the pharmaceutical pipeline to effectively combat these fungal infections, says […]
Early diagnosis crucial for improving Gaucher disease patient outcomes, says GlobalData
Gaucher disease, a rare genetic disorder with significant health implications, has been at the forefront of recent medical discussions due to concerns over delayed diagnoses and treatment initiation. Despite advances in diagnostic methods, many patients still face extended periods before receiving an accurate diagnosis, impacting their treatment and overall health outcomes. The medical community, including […]
XORTX eyes CKD space with lead product XRX-008, says GlobalData
XORTX Therapeutics, a Canada-based late-stage clinical pharmaceutical company, has recently submitted a new patent for the treatment of chronic kidney disease (CKD). XORTX’s patent submission was supported by the efficacy and safety clinical data from a completed Phase II XRX-008 (oxypurinol) trial. If successful, it could be of high clinical value to physicians looking to […]
ADHD field presents significant opportunity for drug developers in 7MM, says GlobalData
Stimulants, amphetamines, and methylphenidates are the first-line treatment for moderate to severe attention-deficit/hyperactivity disorder (ADHD) across the seven major markets (7MM*). Non-stimulants are mainly utilized as second-line therapies due to their lack of efficacy. However, stimulants are highly controlled substances, and prescriptions are often restricted to 30 days. This creates a demand for non-stimulants with […]
Obesity care needs greater revolution, says GlobalData
Novo Nordisk and Eli Lilly have been dominating the obesity scene in the past year with the approval of their glucagon-like peptide-1 receptor (GLP-1R) agonists Wegovy and Zepbound. Although medicines with other mechanisms of actions are available on the market, GLP-1R agonists seem to have a greater impact on weight loss and the patient’s life. […]