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The diabetic neuropathic pain (DNP) market across the seven major markets (7MM*) is poised to grow at a compound annual growth rate (CAGR) of 6.0% from $1.7 billion in 2021 to $3.0 billion in 2031, driven by the potential introduction of four promising late-stage pipeline products and an increase in the prevalent patient population, forecasts […]
Diagnosed prevalent cases of obesity and overweight to reach 292 million in 2031 across 7MM, forecasts GlobalData
The diagnosed prevalent cases of obesity and overweight combined in the seven major markets (7MM*) are projected to increase at an annual growth rate (AGR) of 0.54% from 276.9 million in 2021 to nearly 292.0 million in 2031, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Obesity and Obesity: Epidemiology Forecast to […]
GlobalData upgrades Pfizer’s COVID-19 vaccine sales forecast to $37 billion in 2022
Pfizer and BioNTech’s COVID-19 vaccine, Comirnaty, witnessed a record demand in 2022 with forecast sales of $37 billion. The vaccine is expected to maintain the sales dominance it saw during the COVID-19 pandemic going into the future, with the average annual sales forecast rising by 19% between H1 and H2 2022, according to GlobalData’s Coronavirus […]
Excitement builds as Novo Nordisk weight loss drug Wegovy prepares to hit UK pharmacy shelves, says GlobalData
On February 13, it was revealed that Novo Nordisk’s Wegovy (semaglutide) would be available on high-street pharmacies in the UK this spring. Wegovy is of great interest as it is the first therapy to be approved in the obesity space that is administered on a weekly basis and shows superior efficacy to other currently marketed […]
Chinese regulators focus on homegrown COVID-19 therapies to tackle new variants, says GlobalData
The National Medical Products Administration (NMPA) of China has conditionally approved two homegrown oral drugs Simcere Pharmaceutical’s Xiannuoxin and Shanghai Junshi Biosciences‘ Mindevir for the treatment of mild to moderate COVID-19. Drug regulators in China are focusing on approving homegrown antiviral therapies with the ability to tackle new COVID-19 variants, says GlobalData, a leading data […]
Moderna’s non-vaccine mRNA therapeutic set to generate $278 million in 2028 if approved, estimates GlobalData
Moderna recently confirmed that its Phase I/II study examining candidate mRNA-3927 is progressing. It also shared that data showed a decrease in the number of metabolic decompensation events (MDEs) in trials of mRNA-3927, and regulators seemed to be supportive of MDE as a primary endpoint for the study. Additionally, Moderna stated that all eligible participants […]
National Heart Month awareness increasingly important, says GlobalData
February is National Heart Month, and heart health is increasingly important globally with rising cases of heart disease. Heart disease refers to several different types of heart conditions, but one of the most common is coronary artery disease. This affects blood flow to the heart and can ultimately cause myocardial infarction (also known as a […]
Trodelvy set to become Gilead’s blockbuster with expanded approval, predicts GlobalData
The FDA recently granted expanded approval for Gilead Sciences’ Trodelvy (sacituzumab govitecan-hziy) for patients with HR-positive/HER2-negative metastatic breast cancer who have received hormonal therapy and at least two additional therapies in the metastatic setting. Trodelvy gained approval by outperforming traditional chemotherapies in this patient group. The drug is expected to become a standard of care […]
Clinical hold on 4D Molecular’s Fabry program to rise chances for Sangamo to lead FD gene therapy market, says GlobalData
4D Molecular Therapeutics (4DMT), the California-based biotechnology company focused on developing gene therapies for rare and cardiovascular, pulmonary, and ophthalmic diseases, has recently been issued a clinical hold by the FDA for its Fabry Disease (FD) gene therapy program (4D-310). 4DMT and Sangam Therapeutics are the leading developers in the Fabry disease space, and with […]
Risings costs triggered patients to postpone or stop treatments in 2022, finds GlobalData
Rising costs forced patients to postpone or stop treatments in 2022 and it will take years for the conditions to improve to get the backlogs cleared, finds GlobalData, a leading data and analytics company. In a GlobalData’s survey* titled “The Impact of Inflation on the Healthcare Sector – Physician Perspective”, a total of 69% of […]
Asundexian phase III trial critical for Bayer to become market leader in anticoagulation to prevent stroke in AF patients, says GlobalData
Following the enrollment of the first patient in Bayer’s Phase III OCEANIC-AF clinical trial of asundexian, a potential anticoagulant for stroke prevention in atrial fibrillation (AF) patients; Amy Murray, Healthcare Analyst at GlobalData, a leading data and analytics company, offers her view: “Despite advances in anticoagulation therapy over the last decade, the increased risk and […]
Potential association between ROBO2 and anthracycline-related cardiomyopathy in childhood cancer survivors holds important implications, says GlobalData
A genome-wide association study (GWAS) published in the Journal of Clinical Oncology has identified a potential association between a genetic variant, ROBO2, and anthracycline-related cardiomyopathy in childhood cancer survivors. The study has important implications as anthracyclines are a widely used chemotherapy drug class to treat various forms of cancer, with 50-60% of children with cancer […]
Olezarsen Fast Track FDA approval strengthens Ionis Pharmaceuticals outlook in dyslipidemia space, says GlobalData
Ionis Pharmaceuticals has recently received the US FDA Fast Track designation for its investigational therapy, olezarsen, in patients with familial chylomicronemia syndrome (FCS). Olezarsen is also being investigated in a Phase III clinical trial for severe hypertriglyceridemia (sHTG) in the US and several EU countries, including France, Germany, Italy, and the UK. If approved, olezarsen […]
Approved CD19 CAR-T agents to treat over 13,000 cancer patients annually by 2031, driving sales of Breyanzi and Yescarta, says GlobalData
The number of blood cancer patients receiving CD19-directed chimeric antigen receptor T-cell (CD19 CAR-T) therapies is set to boom over the next decade from approximately 3,700 patients in 2021 to nearly 13,500 patients in 2031. As such, Bristol-Myers Squibb’s Breyanzi and Gilead’s Yescarta are set to enjoy a lucrative period of high annual sales over […]
H2 2022 sees 10 billion drop in total forecast sales of COVID-19 vaccines between 2021 and 2028, says GlobalData
Despite the continued success of prophylactic vaccines such as Pfizer/BioNTech’s messenger RNA (mRNA) vaccine Comirnaty and spikes in COVID-19 case numbers over the winter, prophylactic COVID-19 vaccine sales forecasts have seen an average decline between H1 2022 and H2 2022 of 7% in their predicted total forecast sales between 2022 and 2028, says GlobalData, a […]
Janssen and Eli Lilly collaboration to address lack of pediatric therapies could rescue mirikizumab program, says GlobalData
In recent years, there has been a steady increase in the number of agents approved to treat inflammatory bowel diseases (IBD), which has provided physicians with an increasing number of options to treat Crohn’s disease (CD). However, this progress is not reflected in the number of approved treatments for pediatric IBD patients. Of the seven […]
Zynerba’s Zygel could target Fragile X Syndrome but likely to face barriers in uptake, says GlobalData
There are currently no approved therapies available for Fragile X Syndrome (FXS), with prescribed treatments consisting exclusively of off-label drugs that target individual symptoms of the disease. However, as these therapies do not target the pathogenesis underlying FXS, they have only a modest effect on a subset of patients. This has led to a call […]
GlobalData slashes Moderna COVID-19 vaccine Spikevax sales forecast amid strong competition
It was an exceptional year for Moderna’s vaccine Spikevax, with forecast sales of $19.5 billion in 2022. However, increasing competition from Pfizer’s Comirnaty, Novavax’s Nuvaxovid, and COVID-19 therapeutics has forced GlobalData to slash Spikevax’s average annual sales forecast by 23% between H1 and H2 2022 in its Coronavirus Disease 2019 (COVID-19) Sector Forecast reports. Kevin […]
Uptake of long-awaited Humira biosimilar in US to be dictated by price, says GlobalData
Following the launch of Amgen’s Amjevita (adalimumab-atto), the first biosimilar to AbbVie’s cash-cow immunology biologic therapy, Humira (adalimumab), in the US on 31 January; Vinie Varkey, Managing Analyst, Immunology at GlobalData, a leading data and analytics company, offers her view: “For AbbVie, while the threat of adalimumab biosimilars to its blockbuster therapy are finally tangible […]
With expanded approval for Brukinsa, BeiGene poised to lead chronic lymphocytic leukemia market, says GlobalData
The FDA has recently granted expanded approval for BeiGene’s oral Bruton tyrosine kinase inhibitor (BTKi) Brukinsa (zanubrutinib) for patients with chronic lymphocytic leukemia (CLL) or small Lymphocytic Leukemia (SLL). Brukinsa has gained approval after outperforming Abbvie’s Imbruvica, which has been the standard of care in CLL for almost a decade. Brukinsa should largely replace Imbruvica […]