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The goals of treatment for chronic heart failure (HF) are to relieve symptoms, prevent HF-associated hospitalizations, slow disease progression, and improve survival. The current therapies in the market are well-established. Angiotensin-converting enzyme inhibitors, angiotensin receptor blockers, and beta blockers are all used within the HF landscape regardless of type of HF. All these drugs have […]
Sanofi Soliqua will face fierce competition in price sensitive Indian T2D insulin market, says GlobalData
Sanofi (India) has recently received marketing approval by the Central Drugs Standard Control Organization (CDSCO) for soliqua (Insulin glargine and lixisenatide recombinant fixed dose combination) as an adjunct to diet and exercise in adults with obesity and type 2 diabetes (T2D), who are insufficiently controlled on oral or injectable therapies. As branded insulins become available […]
Multiple sclerosis market to generate sales of $29.8 billion by 2030, forecasts GlobalData
The market for multiple sclerosis (MS) disease-modifying therapies (DMT) is set to experience moderate growth across the seven major markets (7MM*) from $18.9 billion in 2020 to $29.8 billion in 2030 at a compound annual growth rate (CARG) of 4.6%, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Multiple Sclerosis: Seven-Market Drug […]
Arbutus patent suit against Pfizer demonstrates litigious environment in mRNA therapy, says GlobalData
Arbutus Biopharma and Genevant Sciences have recently brought a patent lawsuit against Pfizer and BioNTech in the US federal courts, surrounding the use of the lipid nanoparticle (LNP) technology used in the latter’s COVID-19 vaccines. The claim follows positive developments for the plaintiffs in their very similar lawsuit brought against Moderna last year. This latest […]
Recent developments threaten COVID-19 vaccine demand and revenues, says GlobalData
The World Health Organization (WHO) recently revised its vaccine guidance following a meeting of the agency’s Strategic Advisory Group of Experts on Immunization (SAGE). SAGE no longer recommends annual COVID-19 vaccine boosters for healthy adults under 60 years of age after they have received both a primary vaccine series and booster. Further, they no longer […]
Need for improved Alzheimer’s diagnosis and management highlighted at AD/PD 2023, says GlobalData
With the advent of novel disease-modifying therapies (DMTs), the future of Alzheimer’s disease (AD) diagnosis and management has been a key theme at the AD/PD 2023 International Conference on AD and Parkinson’s disease (PD), says GlobalData, a leading data and analytics company. Pippa Salter, Senior Neurology Analyst at GlobalData, comments: “Following the FDA approvals of Biogen’s […]
Inflation and declining FDA drug approvals will pose challenges for pharma contract manufacturers in 2023, says GlobalData
Pharma manufacturers will be challenged by the effects of high inflation and declining FDA drug approvals in 2023. Pharmaceutical companies have a high tendency to outsource the finished dose manufacture of new molecular entities (NME). A sharp decrease in FDA approvals of the most innovative drugs in 2022 will directly reduce commercial-scale production contracts in […]
Obesity market across 7MM set to surpass $37 billion in 2031, forecasts GlobalData
The market for obesity treatments across the seven major markets (7MM: the US, France, Germany, Italy, Spain, the UK, and Japan) is projected to grow from $2.43 billion in 2021 to $37.1 billion in 2031, driven by the launch of therapies with promising efficacies and/or new routes of administration, as well as the growth of […]
Alzheimer’s drug Leqembi will generate $12.9 billion in sales by 2028, forecasts GlobalData
Biogen/Eisai’s newly approved drug, Leqembi (lecanemab) gained FDA approval in January 2023 for the treatment of Alzheimer’s disease. Leqembi is currently pending approval in the EU and Japan. If approved in these regions, its position would solidify as the top-selling drug for Alzheimer’s disease in the upcoming years. The breakthrough drug is predicted to be […]
Phase IIIb results will help AbbVie Skyrizi to stand out in crowded plaque psoriasis biologics space, says GlobalData
The late-breaking data on AbbVie’s Skyrizi in plaque psoriasis (PsO) that was presented at the recently concluded American Academy of Dermatology (AAD) Annual Meeting is expected to help Skyrizi’s positioning in the crowded PsO biologics space, according to GlobalData, a leading data and analytics company. Vinie Varkey, Managing Analyst Immunology at GlobalData, comments: “The latest […]
Antibody-drug conjugates gain traction in China oncology market, says GlobalData
Antibody-drug conjugates (ADCs) are the novel class of targeted drugs that have been extensively studied in recent years as potential treatment options either as monotherapies or in combination with other anticancer drugs for various tumors on a global scale. In this context, the focus of several domestic companies in China has shifted to developing novel […]
Jyseleca safety data will allow Galapagos to build up therapy’s position in crowded UC market, says GlobalData
Following the news that Galapagos presented new efficacy and safety data of Jyseleca (filgotinib) 200mg (FIL200) therapy for the treatment of patients with ulcerative colitis (UC) being assessed in the continuing SELECTION long term extension (LTE) study: Ramla Salad, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “The encouraging SELECTION […]
HSBC acquisition of SVB UK may pave way for new opportunities in biotech sector, finds GlobalData
HSBC’s acquisition of Silicon Valley Bank UK following the collapse of its parent company Silicon Valley Bank may result in new opportunities for biopharmaceutical companies, says GlobalData, a leading data and analytics company. According to GlobalData’s Pharma Intelligence Center Deals Database, SVB Financial Group and its subsidiaries were involved in over $1.4 billion in total […]
Regenerative medicine displays new focus on VEGF target, says GlobalData
Regenerative medicines in early-stage development have seen a change in drug targets compared to therapies in late-stage development. Early-stage therapies are now focused on vascular endothelial growth factor (VEGF) as the top drug target, with three drugs currently in development, according to GlobalData, a leading data and analytics company. Regenerative medicine is an approach to […]
First new NHS treatment for incurable cervical cancer since 2009 becomes accessible, says GlobalData
Following the news that the National Institute for Health and Care Excellence (NICE) has recommended the first new treatment for incurable cervical cancer in 14 years; James Donagher, Oncology & Hematology Analyst at GlobalData, offers his view: “NICE has recommended Merck’s Keytruda (pembrolizumab) in combination with chemotherapy for use in patients with persistent, recurrent, or […]
NMPA approval for Likang Life personalized neoantigen-targeted vaccine LK101 injection sets stage for exciting developments in cancer treatment, says GlobalData
Likang Life Sciences has recently been granted implied approval by the National Medical Products Administration (NMPA) for the clinical trial of its innovative personalized neoantigen-targeted vaccine LK101 Injection for advanced solid tumors. This breakthrough marks the first of its kind in China and represents a significant milestone in innovative drug discovery pathways for cancer treatment. […]
World Tuberculosis Day reminds us of major global burden, says GlobalData
World Tuberculosis (TB) Day is observed annually on 24 March to raise awareness about TB and efforts to end the global epidemic. TB is reportedly the second leading cause of death worldwide by an infectious disease – only recently moving from first to second place, behind COVID-19. Over the past 10 years, 668 clinical trials […]
Dr. Reddy’s focuses on differentiated portfolio in key therapy areas as part of India growth strategy, says GlobalData
Dr. Reddy’s Laboratories (DRL) has been strategizing to become a top company in the Indian pharmaceutical market. The company’s focus is on building strong brands and excelling in selected therapy areas. In line with this goal, the company has been divesting non-core brands that do not align with its growth objectives and acquiring product rights […]
Prometheus’ PRA023 holds significant advantage over all therapies for Crohn’s Disease, says GlobalData
At the European Crohn´s and Colitis Organisation (ECCO), Prometheus Bioscience presented results from its Phase 2a APOLLO-CD clinical trial of PRA023 in Crohn’s Disease (CD). The presentation highlighted the efficacy and safety of PRA023, an anti-TL1A asset, in the small sample size (N=50) of CD patients. The area of particular interest from this presentation was […]
Pfizer acquisiton of ADC trailblazer Seagen a worthy investment, says GlobalData
Pfizer recently announced the acquisition of Seagen, a US-based biotech with four marketed oncology medicines and a rich pipeline, for $43 billion. If completed, the deal will be the largest in the sector since AbbVie scooped up Allergan for $63 billion in 2019. Seagen specializes in developing antibody-drug conjugates (ADCs) that will complement Pfizer’s large […]