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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, […]
Novel pipeline therapies to drive Parkinson’s disease market across 7MM to $6.4 billion in 2029, says GlobalData
The Parkinson’s disease (PD) market across the seven major markets (7MM*) is poised to grow at a compound annual growth rate (CAGR) of 6.4% from $3.4 billion in 2019 to $6.4 billion in 2029, driven by the anticipated introduction of 14 promising late-stage pipeline products as well as an increase in the prevalent patient population, […]
Pfizer, Gilead, GSK to capture 62% of $150 billion infectious diseases market, says GlobalData
The infectious diseases market is forecast to grow at a compound annual growth rate (CAGR) of 5.7% between 2023 and 2029 to reach an impressive $150 billion in annual sales in 2029. The key players in this landscape include Pfizer Inc, Gilead Sciences Inc, and GSK plc, which are expected to collectively generate 62% of […]
Lilly donanemab flaunts strong clinical profile in data read-out, ready to compete with Leqembi if approved, says GlobalData
Following the news that Eli Lilly published full results from its TRAILBLAZER-ALZ 2 (NCT04437511) study of anti-amyloid-beta (Aβ) monoclonal antibody (mAb), donanemab, in Alzheimer’s disease (AD); Rose Joachim, Director of Neurology at GlobalData, a leading data and analytics company, offers her view: “On the heels of the US FDA’s approval of Eisai and Biogen’s Leqembi […]
China in-house R&D paves way for improved access to KRAS G12C inhibitors for NSCLC, says GlobalData
China is emerging as a key player in developing novel oncology therapies, particularly in treating non-small cell lung cancer (NSCLC). Kirsten rat sarcoma homolog (KRAS) G12C inhibitors have gained significant attention for their efficacy in targeting KRAS G12C mutations, prevalent in NSCLC. China’s robust pipeline of in-house developed therapies targeting these mutations promises future affordability […]
2022 saw decade-high immuno-oncology approvals, finds GlobalData
As oncology diagnoses increase across the globe, immuno-oncology therapies have emerged as a novel treatment category, outside of chemotherapy and radiotherapy, that can help combat aggressive forms of cancer. Against this backdrop, 2022 saw a record number of immuno-oncology approvals with 10 new innovative drugs being approved, finds GlobalData, a leading data and analytics company. […]
China success story in homegrown CAR-T therapies development continues with Fucaso approval, says GlobalData
The National Medical Products Administration (NMPA) has recently approved Innovent Biologics and IASO Bio’s CAR-T therapy equecabtagene autoleucel (Fucaso) for the treatment of relapsed and/or refractory multiple myeloma (R/R MM). It will be the first CAR-T therapy for MM patients and second one by a homegrown company in China. The approval will further boost CAR-T […]