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GlobalData

Pharma

Delay in launch of indigenous COVID-19 vaccines by Japanese pharma will impact domestic market potential, says GlobalData

Pharma companies in Japan are still working to bring their first COVID-19 indigenous vaccine, though the pandemic has already completed two years in various parts of the world. As a result, any further delay in the launch of indigenous COVID-19 vaccines will impact domestic market potential, says GlobalData, a leading data and analytics company. According […]
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GlobalData sees significant gap in digital marketing for obesity in Australia

Obesity is a key public health concern and a leading risk factor for other lifestyle-related illnesses in Australia. Currently, four key pharma companies offer marketed therapies for the treatment of obesity. However, digital support is limited to just Novo Nordisk and iNova Pharmaceuticals. Against this backdrop, other key players in Australia’s obesity market have significant […]
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AI together with Big Data will be the most disruptive emerging technology duo in the pharmaceutical sector in 2022, says GlobalData

Despite being years away from exhibiting its full potential, artificial intelligence (AI), together with Big Data, stand out as a versatile combination to address challenges faced by the entire pharmaceutical value chain, says GlobalData, a leading data and analytics company. In GlobalData’s latest report, ‘The State of the Biopharmaceutical Industry – 2022’, AI, followed by […]
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Drug pricing and reimbursement-related concerns will remain the leading impediment to the pharmaceutical industry’s growth in 2022, says GlobalData

Drug pricing pressures will continue to hinder the growth of the pharmaceutical industry in 2022, forcing companies to reassess their pricing strategies and market focus, says GlobalData, a leading data and analytics company. In GlobalData’s latest report, ‘The State of the Biopharmaceutical Industry – 2022’, drug pricing and reimbursement constraints elicited the strongest responses from […]
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Top small molecule API pharma CMOs gain high containment facilities but decrease non-specialized sites, says GlobalData

Top pharma Contract Manufacturing Organizations (CMOs) are investing in specialist facilities for manufacturing small molecule active pharmaceutical ingredients (API) requiring containment, according to the GlobalData report, ‘Contract Small Molecule API Manufacturing Industry by the Numbers – 2021 Edition’. High containment facilities protect operators against exposure to dangerous products and prevent cross-contamination of standard medicines with […]
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Promising pipeline for endometriosis will transform treatment algorithm, says GlobalData

Oral contraceptives and non-steroidal anti-inflammatory drugs (NSAIDs) remain first-line therapies in the endometriosis market across the seven major markets (7MM*) due to their affordability, side effect profiles and ease of use. However, the treatment algorithm for endometriosis will see significant changes given the promising pipeline, which includes GnRH antagonists, Relugolix and Linzagolix, and a vaginal […]
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Abbott Laboratories growth in 2021 driven by rapid diagnostics, in global market worth $54.4 billion, says GlobalData

Following the release of Q4 2021 financials from Abbott Laboratories; Chris Onderisin, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers his view: “A steady rise in sales of COVID-19 rapid diagnostics has allowed Abbott Laboratories to increasingly gain ground in the global in vitro diagnostics market, which GlobalData values at $54.4 […]
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US sickle cell disease market to skyrocket to $4.8bn by 2030, driven by gene therapies and new first-in-class products, says GlobalData

A number of exciting new sickle cell disease (SCD) drugs are set to hit the US market, says GlobalData, including gene therapies that could offer patients a cure. The leading data and analytics company notes that one of the gene therapies that is currently closest to entering the market— bluebird bio‘s bb1111—is projected to represent […]
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Roche’s tominersen could help Huntington’s disease market reach over $1 billion in sales by 2030, says GlobalData

Ionis Pharmaceuticals’ partner Roche recently announced that it will initiate a new Phase II trial to reassess its pipeline antisense therapy, tominersen, in the treatment of Huntington’s disease (HD). Tominersen offers Roche the opportunity to bring one of the first disease-modifying treatments to this market, in a move that could help nudge the HD market […]
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Psoriasis small molecule market expected to grow significantly over the next 10 years, says GlobalData

On January 13, UNION Therapeutics registered a Phase IIb, randomized, double-blind, placebo-controlled, parallel-group, dose-ranging study to evaluate the efficacy and safety of the phosphodiesterase-4 (PDE4) inhibitor, orismilast, in adults with moderate-to-severe plaque psoriasis (PsO). Although historically dormant compared to the injectable biologic development space, the PsO small molecule market is expected to grow significantly over […]
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Rinvoq and Cibinqo Janus kinase (JAK) inhibitors approved by FDA with boxed warnings and restrictive labelling, says GlobalData

AbbVie’s Rinvoq (upadacitinib) and Pfizer’s Cibinqo (abrocitinib) have been approved by the FDA for the treatment of refractory atopic dermatitis (AD), despite ongoing safety concerns and multiple delays. Both AbbVie and Pfizer’s products assets are the first small molecules, specifically Janus kinase (JAK)-1 inhibitors, to be approved in the US, as treatment options for patients […]
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AVROBIO Fabry disease gene therapy program cancelled inhibiting the company’s progress in rare diseases, says GlobalData

AVROBIO has cancelled its Fabry disease (FD) gene therapy AVR-RD-01, which was due to launch in H2 2022 following disappointing results from a recent Phase II clinical trial. In earlier clinical trials the company had reported promising results for AVR-RD-01 with these recent poor results occurring unexpectedly. This will prove to be significantly disappointing to […]
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Novavax continues to strengthen Asia presence with South Korea approval, says GlobalData

American biotech company Novavax, together with Korea-based SK Group’s vaccine business subsidiary SK bioscience, has secured the South Korea’s Ministry of Food and Drug Safety (MFDS) approval for its recombinant, adjuvanted COVID-19 vaccine Nuvaxovid. The move strengthens Novavax’s presence in Asia through local partners, says GlobalData, a leading data and analytics company. According to GlobalData’s […]
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