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The diagnosed prevalent cases of Crohn’s disease (CD) in the eight major markets (*8MM) are projected to increase from 1.63 million in 2022 to 1.69 million in 2032, equating to an annual growth rate (AGR) of 0.42%, forecasts GlobalData, a leading data and analytics company. Crohn’s disease is a type of inflammatory bowel disease (IBD) […]
Prospects to win concessions on EU pharmaceutical legislation overhaul strengthened, says GlobalData
The potential for German Chancellor Olaf Scholz’s government to secure pro-pharmaceutical industry concessions related to the proposed overhaul of EU pharmaceutical legislation may have received a significant boost. A recent report from the German Federal Ministry of Health has raised substantial concerns regarding critical elements of the reform strategy, further underscoring the need for careful […]
More pricing pain for pharma as new legislation expands scope of Inflation Reduction Act, says GlobalData
The global pharma industry is bracing itself for more headaches in its most profitable market as US House Democratic health leaders introduce new legislation, which would expand the Inflation Reduction Act and further lower prescription drug prices. House Democrats Frank Pallone Jr., Richard Neal, and Robert Scott unveiled the Lowering Drug Costs for American Families […]
Shanghai Junshi renal cell carcinoma drug toripalimab to get first-mover advantage in China PD-1 market, says GlobalData
Shanghai Junshi Biosciences supplemental new drug application (sNDA) for toripalimab, the company’s anti-PD-1 monoclonal antibody, in combination with axitinib for the first-line treatment of patients with unresectable or metastatic renal cell carcinoma (RCC), has been accepted by the National Medical Products Administration (NMPA). Following the approval, the drug is expected to get a first-mover advantage […]
Zurzuvae provides breakthrough for postpartum depression but misses out on larger MDD patient population, says GlobalData
Following the news that the FDA granted approval for Sage Therapeutics and Biogen’s novel antidepressant Zurzuvae (zuranolone) for the treatment of postpartum depression (PPD) but rejected the drug for the treatment of major depressive disorder (MDD), issuing a complete response letter (CRL); Philippa Salter, Senior Neurology Analyst at GlobalData, offers her view: “Zurzuvae is a […]
NASH market holds enormous untapped potential, says GlobalData
The prevalence of nonalcoholic steatohepatitis (NASH), a more advanced stage of nonalcoholic fatty liver disease (NAFLD), continues to increase. Following the receipt of a complete response letter (CRL) from the FDA for its farnesoid X receptor (FXR) agonist, obeticholic acid (OCA), in NASH, Intercept Pharmaceuticals has joined the list of companies who have failed to […]
Dyslipidemia market to grow to $15.53 billion in 2032 across 7MM, forecasts GlobalData
The dyslipidemia market across the seven major markets (7MM: the US, France, Germany, Italy, Spain, the UK and Japan) is forecast to increase at a compound annual growth rate (CAGR) of 10.8% from $5.56 billion in 2022 to $15.53 billion in 2032, driven by the launch of therapies with promising efficacies and new mechanism of […]
Zynlonta’s clinical failure will increase opportunities for competing ADCs in DLBCL, says GlobalData
ADC Therapeutics recently announced plans to discontinue the Phase II LOTIS-9 trial investigating the combination of Zynlonta and rituximab in unfit or frail previously untreated diffuse large B-cell lymphoma (DLBCL) patients following reports of excessive respiratory-related treatment-emergent adverse events. The company disclosed that it will cease its investigation of the Zynlonta-rituximab regimen in this patient […]
Daiichi Sankyo will remain dominant in ADC market for oncology treatments, forecasts GlobalData
A promising shift towards the development of antibody-drug conjugates (ADC) for cancer treatment is taking place in the pharmaceutical industry. A recent look at the marketed and pipeline drugs shows that Daiichi Sankyo, Seagen, and Roche are three of the most important companies in this wave. Daiichi’s recent trial results suggest that the company will […]
Setback for Sumitomo, Otsuka Schizophrenia drug ulotaront after Phase III failure, says GlobalData
Following the news that Sumitomo and Otsuka’s ulotaront failed to meet the primary endpoints in the Phase III DIAMOND 1 and DIAMOND 2 trials, treating acutely psychotic adults with schizophrenia; Christie Wong, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “As all members of the atypical antipsychotic drug class have […]
Boehringer’s Cyltezo illustrates intersection of price and regulation in biosimilar market, says GlobalData
The loss of exclusivity of AbbVie’s Humira (adalimumab) has become a perfect scenario to test if the Biologics Price Competition and Innovation (BPCI) act in the US can achieve the intention of the law. The potential revenue replacing Humira has resulted in many adalimumab biosimilar offerings being brought forth (currently nine FDA-approved agents), and a […]
Janssen’s JNJ-2113 holds potential to become leading treatment for psoriasis, says GlobalData
Janssen Pharmaceuticals recently announced its latest clinical trial results of JNJ-2113, the novel, first-in-class oral interleukin 23 receptor (IL-23R) antagonist peptide in adult patients with moderate-to-severe plaque psoriasis (PsO). Representing an innovative oral therapy that specifically targets and binds with high affinity to the IL-23R, JNJ-2113 is set to become a leading treatment for this […]
Market success of Novo Nordisk’s obesity drug likely to be delayed in Japan, says GlobalData
As the first obesity drug to be approved in Japan in the last three decades, Novo Nordisk’s Wegovy is expected to bring a substantial shift in the treatment approach. However, amidst the ongoing supply shortage of the drug leading to delayed launches in various markets, including Japan, Wegovy’s market success is likely to be delayed […]
AI appreciation in clinical practice comes with hands-on experience and understanding of technology, says GlobalData
As artificial intelligence (AI) increasingly finds its way into healthcare, physicians recognize the true value of its advantages in clinical practice more prominently after successful implementation and regular usage in their day-to-day work, according to a survey by GlobalData, a leading data and analytics company. A GlobalData survey*, “AI in Clinical Practice – Physician Perspective […]
Positive FDA meeting could allow Iovance gain accelerated approval for TIL therapy, says GlobalData
On July 10, Iovance Biotherapeutics announced they received positive feedback from the FDA on the design of their Phase II IOV-LUN-202 study evaluating tumor-infiltrating lymphocyte (TIL) therapy LN-145 in patients with advanced non-small cell lung cancer (NSCLC). Following their Pre-Phase III meeting with the agency, the therapy may be acceptable for accelerated approval, says GlobalData, […]
Almost half of healthcare industry professionals endorse AI in clinical practice, reveals GlobalData survey
Artificial intelligence (AI) is increasingly becoming embedded in the provision of healthcare. Against this backdrop, 49% of healthcare industry professionals with prior AI experience showed strong endorsement for its use in clinical practice and administrative tasks, according to a survey* by GlobalData, a leading data and analytics company. GlobalData’s latest Thematic Intelligence report, “AI in […]
Preventative measures set to battle for RSV market domination, says GlobalData
May 2023 saw the world’s first approval of two respiratory syncytial virus (RSV) vaccines, Arexvy by GSK and Abrysvo by Pfizer. However, these vaccines not the only prophylactic treatments hoping to stake a claim in the market ahead of the RSV season in September, with Moderna’s mRNA-1345 and AstraZeneca’s Beyfortus also on the horizon. Driven […]
India’s rising profile in clinical trials sparks urgency to raise public awareness, says GlobalData
India is emerging as a key destination for clinical trials due to its large, diverse population and liberalized regulatory landscape. Despite the increase in the number of clinical trials initiated by either domestic or multinational pharmaceutical companies in recent years, awareness about the trials is low. Addressing the issue through strategic approaches is a pressing […]
M&A activity of pharma CMOs will continue despite challenging borrowing environment, says GlobalData
The mergers and acquisitions (M&A) activity of well-capitalized pharmaceutical contract manufacturing organizations (CMOs) is set to continue over the coming years despite a challenging borrowing environment due to rising inflation and interest rates, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘M&A in the Contract Manufacturing Industry: Implications and Outlook – […]
Phase III trial results could strengthen Ocrevus’s position in multiple sclerosis market, says GlobalData
Genentech recently announced positive results from its phase III trial, OCARINA II (NCT05232825), investigating the efficacy of Ocrevus (ocrelizumab) as a subcutaneous injection, administered twice yearly for ten minutes, in patients diagnosed with relapsing multiple sclerosis (RMS) and primary progressive multiple sclerosis (PPMS). Roche announced the trial met all of the primary and secondary endpoints, […]