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The healthcare industry is undergoing constant changes resulting from a range of issues from declining profit margins to stringent regulatory and legislative requirements. Against this backdrop, strong leaders, who can provide clear directions and an effective roadmap, are essential to a complete digital transformation process and ride the next wave of innovation, says GlobalData, a […]
Lack of skills and talents top factor hindering digital transformation efforts in healthcare industry, finds GlobalData
A successful digital transformation often requires thorough planning, adequate funding, talents, and organizational adaptability. However, the COVID-19 pandemic acted as a catalyst for the healthcare industry and forced many companies to ramp up their digital transformation efforts without proper planning in place, says GlobalData. The leading data and analytics company notes that this fast-tracked digital […]
Insilico Medicine-Sanofi deal: artificial intelligence is making its way into drug discovery and development, says GlobalData
Following the news that Insilico Medicine has signed a billion-dollar, multi-target artificial intelligence (AI) drug discovery deal with Sanofi; Urte Jakimaviciute, Senior Director of Market Research at GlobalData, offers her view: “Sanofi is among a number of companies that are quite aggressively tapping into AI-based drug development deals. In November 2021, it invested $180 million […]
Inflation and rising costs to slow down digital transformation initiatives in healthcare sector, finds GlobalData survey
A total of 58% healthcare industry professionals globally believe that digital transformation initiatives—involving the implementation of emerging technologies such as artificial intelligence (AI), big data, cloud computing, application programming interfaces (API) and others—would be slowed down due to inflation and rising costs, according to a survey by GlobalData, a leading data and analytics company. The […]
New entrants can alter aHUS digital landscape in Japan, says GlobalData
Atypical hemolytic uremic syndrome (aHUS) is an extremely rare chronic genetic disease with very limited treatment options in Japan. Against this backdrop, the entry of new treatments such as pharmaceutical giants Novartis and Roche that have strong digital experience can alter the aHUS digital landscape dynamics in Japan, says GlobalData, a leading data and analytics […]
China COVID-19 drugs pipeline focuses on new variants amidst rising concerns of zero-COVID policy, says GlobalData
COVID-19 resurgence in China is a great concern globally due to the presence of two new Omicron sub-variants—BF.7 and BA.5.1.7, as they are highly infectious with greater transmissibility. As a result, the country has reinforced emphasis on its zero-COVID policy. Against this backdrop, Chinese companies COVID-19 drugs pipeline focus on new variants, observes GlobalData, a […]
Actinium’s Iomab-B is likely to address key unmet need in AML patient group after positive pivotal trial results, says GlobalData
Following the news that the Phase III pivotal SIERRA trial investigating Actinium’s targeted therapy Iomab-B (iodine i 131 apamistamab) in patients aged 55 years or older with relapsed or refractory acute myeloid leukemia (r/r AML), met its primary endpoint of durable complete remission (dCR) of 6 months post initial remission after a bone marrow transplant (BMT); […]
Accessibility challenges associated with mAbs in Japan likely to limit uptake of next-generation drugs for Alzheimer’s, says GlobalData
Monoclonal antibodies (mAbs), which are emerging as promising disease-modifying treatments for Alzheimer’s disease (AD), come with significant challenges associated with their accessibility. The technology to identify the pathological features of AD and safe administration of mAb therapies currently limit their access globally, with Japan being no exception. While the positive top-line results from Clarity AD, […]
SAR-bisPSMA theranostic from Australia’s Clarity may prove to be cost-effective to treat prostate cancer, says GlobalData
Clarity Pharmaceuticals, an Australia-based clinical-stage radiopharmaceutical company, has successfully recruited and treated its first patient in the Phase I/II theranostic trial evaluating 64Cu/67Cu SAR-bisPSMA theranostic product in patients with metastatic, castration-resistant prostate cancer (mCRPC). SAR-bisPSMA is a next-generation platform that uses inexpensive copper-67 radioisotopes. As a result, it may prove to be cost effective, giving […]
Contract injectable drug dose manufacturing revenues rise sharply but unsustainably as demand for vaccines falls, says GlobalData
As a result of the COVID-19 pandemic, demand significantly increased for the manufacture of sterile injectable drugs, due to the extensive outsourcing of vaccine production and insufficient capacity worldwide for the scale required, says GlobalData. According to the leading data and analytics company, revenues from companies that were contract manufacturing injectable drugs grew at unsustainable […]
Minerva’s schizophrenia treatment roluperidone faces many hurdles before FDA approval, says GlobalData
Minerva Neurosciences receiving a refusal to file letter from the Food and Drug Administration (FDA) regarding its new drug application for roluperidone for the treatment of negative symptoms in patients with schizophrenia is yet another obstacle to roluperidone’s development, says GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘Schizophrenia Market Size and […]
Roche still in a strong position following Susvimo setback, thanks to recently launched Vabysmo, says GlobalData
Following the news that Roche has issued a voluntary recall of its Susvimo ocular implant due to manufacturing problems with the device; Vinie Varkey, Healthcare Analyst at GlobalData, a leading data and analytics company, offers her view: “Despite the setback with Susvimo, Roche’s recent launch of Vabysmo means the company is still in a strong […]
Mounjaro’s approval for type 2 diabetes provides a beacon of hope for obesity space, says GlobalData
The European Commission’s (EC) authorization of Eli Lilly’s Mounjaro (tirzepatide) for treating type 2 diabetes (T2D) is of paramount interest to patients as the drug has the potential to address a key unmet need by introducing a new mechanism of action into the T2D space—which is expected to reach $91.6 billion by 2029 as forecasted […]
Drug developers look at innovative mechanisms to tackle dry eye syndrome, says GlobalData
Late-stage pipeline therapies that are currently in development for treating dry eye syndrome (DES) reveal that drug developers are exploring a broad set of mechanisms of action (MOAs), many of which are innovative, says GlobalData, According to the leading data and analytics company, the global sales value of the DES market was $4.0 billion in […]
Novel therapies drive the schizophrenia market across 7MM to reach $13.0 billion by 2031, says GlobalData
As a result of new therapies being introduced to the schizophrenia market and an increase in the prevalent patient population, its value is expected to increase from $9.0 billion in 2021 to $13.0 billion in 2031 across the seven major markets (7MM*) at a compound annual growth rate (CAGR) of 3.7%, according to GlobalData. Christie […]
AV-101 gains competitive lead over TNX-201 as first potential imatinib therapy for pulmonary arterial hypertension, says GlobalData
Tenax Therapeutics’ announcement of a delay in its Phase III trial for its oral imatinib drug, TNX-201, in the treatment of pulmonary arterial hypertension (PAH), has pushed its main competitor Aerovate Therapeutics further into the lead with its inhaled imatinib drug, AV-101, according to GlobalData, a leading data and analytics company. Kaya Olczak, Healthcare Analyst […]
Myovant Sciences’ rejection of Sumitomo buyout likely due to Myfembree’s FDA approval, says GlobalData
Following the news that Myovant Sciences has rejected a takeover bid from its majority shareholder, Sumitomo Pharma; Amy Murray, Healthcare Analyst at GlobalData, a leading data and analytics company, offers her view: “Sumitomo’s offer to buy Myovant Sciences came just weeks after Myovant and its partner Pfizer won a Food and Drug Administration (FDA) expanded […]
Immediate steps are needed to reduce the ‘twindemic’ impact in Europe and the US, says GlobalData
Following the news that influenza cases are rising in the US and the UK; Emily Martyn, MPH, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “The intensity of the flu season in North America and Europe can be predicted by Australia’s flu season, having occurred months before the northern hemispheres’ […]
Powder-based formulations for migraine treatments may struggle to compete with oral products, says GlobalData
Due to the growing popularity of new competing therapies for acute migraine treatment, novel reformulations of dihydroergotamine (DHE) such as Satsuma Pharmaceutical’s lead product STS101 and Pulmatrix’s PUR3100, which are both powder-based formulations, may struggle to find a competitive edge over oral gepants and oral ditans, says GlobalData, a leading data and analytics company. Christie Wong, Pharma Analyst at […]
Autism spectrum disorder cases are fluctuating globally due to lack of consistent diagnostic criteria between countries, says GlobalData
Trends in the growth of autism spectrum disorder (ASD) cases are inconsistent worldwide, according to research by GlobalData, with countries such as the US seeing an increase in cases, while Japan and countries in Europe experience negative growth. The leading data and analytics company notes that this fluctuation may be due to a lack of […]