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The diagnosed prevalent cases of hemophilia A and hemophilia B in China are expected to increase at an AGR of 2.51% between 2020 and 2030, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Hemophilia A and B: Epidemiology Forecast to 2030’, reveals that across the eight major markets (8MM*) combined is expected […]
Education and awareness initiatives to improve migraine treatment, says GlobalData
Gepants and monoclonal antibodies (mAbs) against calcitonin gene-relate peptide (CGRP) have transformed the treatment paradigm for migraine. Despite the availability of a plethora of drugs in the market in recent years, key barriers still stand in the way of their widespread use – particularly a low migraine diagnosis rate. Therefore, closing the diagnosis gap is […]
Merck & Co leads global R&D race for use of immune checkpoint inhibitors after surgery, says GlobalData
Immune checkpoint inhibitors (ICIs) have transformed the treatment of many late-stage cancers. This success has caused pharma companies to invest heavily into investigating their use in an earlier setting after a tumor has been removed by surgery (adjuvant), says GlobalData. The leading data and analytics company notes that, among these companies, Merck & Co has […]
Cibinqo impending approval to shake up EU atopic dermatitis market with heightened competition, says GlobalData
Pfizer’s Cibinqo (abrocitinib) is likely to be approved by the EU for the treatment of ‘moderate to severe’ atopic dermatitis (AD) by this year-end ensuing a positive European Medicines Agency’s (EMA’s) Committee for Medicinal Products for Human Use (CHMP) opinion on 15 October 2021. Following the approval of Lilly/Incyte’s Olumiant (baricitinib), and more recently AbbVie’s […]
Total prevalent cases of overactive bladder to reach 401.6 million by 2030 in the 8MM, says GlobalData
The total prevalent cases of overactive bladder (OAB) in the eight major markets (*8MM) are projected to increase from 363.3 million cases in 2020 to 401.6 million cases in 2030, equating to an annual growth rate (AGR) of 1.06%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Overactive Bladder – Epidemiology […]
ALS pipeline suffers a major hit following Biogen’s tofersen phase III trial failure, says GlobalData
Biogen’s tofersen has failed to achieve its primary endpoint in the Phase III VALOR study for amyotrophic lateral sclerosis (ALS). This setback is likely to hinder Biogen’s planned filing for United States Food and Drug Administration (FDA) approval in ALS. The company may take a similar approach as it did with its Alzheimer’s disease asset, […]
Growth potential for India in innovation and R&D, says GlobalData
India has the third largest pharma market in the world by volume, according to research by GlobalData, placing it behind giants such as the US and China. The leading data and analytics company notes that India’s potent manufacturing capabilities, high export activity and large generics market have supported the country in grabbing ‘bronze place’. According […]
Addition of SGLT2 inhibitor with improved efficacy will be able to address demands of T2D market, says GlobalData
At the 57th annual European Association for the Study of Diabetes (EASD) 2021 meeting, results were presented for a 3-year prospective study. The study results demonstrated that sodium glucose cotransporter 2 inhibitor (SGLT2I), either empagliflozin (Jardiance) or dapagliflozin (Farxiga), are efficacious as part of a quadruple combination therapy with metformin, dipeptidyl peptidase-4 inhibitor (DPP-4I) and […]
UK Government must do more to address rising COVID-19 Cases if UK is to have ‘normal Christmas’, says GlobalData
Following the news that Health Secretary, Sajid Javid, has confirmed that there are no plans to implement ‘Plan B’ rules – despite cases reaching above 50,000 cases last week; Emily Martyn, MPH, Healthcare Analyst at GlobalData, a leading data and analytics company, offers her view: “The UK is dealing with high rates of COVID-19 infection, […]
Improving diversity in clinical trials ensures public health strategies are appropriately tailored to all populations, says GlobalData
Data presented at the 14th AACR* Conference in early October revealing that black patients were significantly more likely to be excluded from pancreatic clinical trials than white counterparts is unfortunately not the only instance of this occurring, says GlobalData. The leading data and analytics company notes that there is an ever-growing concern of ethnic disparity […]
mRNA vaccine race intensifies with more South Korean players involved in development, says GlobalData
The success of mRNA vaccines for COVID-19 has generated a lot of interest in companies globally. While a late entrant to the race, several South Korean players are participating in the development of mRNA vaccines, says GlobalData, a leading data and analytics company. South Korean companies have recently established two consortiums to focus on mRNA […]
Pfizer/BioNTech’s COVID-19 vaccine Comirnaty sees over 200% rise in sales forecasts for Q3 vs Q2, says GlobalData
The sales forecast for Pfizer/BioNTech’s COVID-19 vaccine Comirnaty has been upwardly adjusted by GlobalData due to anticipated demand for booster shots. The leading data and analytics company has increased its forecasts for Comirnaty’s sales by a phenomenal 190% and 228% in 2022 and 2023, respectively. The drug is now expected to see sales totalling $28.4bn […]
Opportunities remain for drug developers to address unmet needs in axillary hyperhidrosis therapeutics market, says GlobalData
The lack of available treatments for axillary hyperhidrosis (AH), a disease characterized by increased sweat production in the armpits, offers an opportunity for pharmaceutical and biotechnology companies, according to GlobalData, a leading data and analytics company. Mandana Emamzadeh, PhD, Pharma Analyst at GlobalData, comments: “GlobalData has identified several key unmet needs in the AH space, […]
Novel pump systems could disrupt current insulin delivery standards, says GlobalData
The percentage of the global population that are using insulin pumps for the treatment of type 1 diabetes (T1D) is expected to significantly increase from 30% in 2020 to 41% in 2030, according to GlobalData. The leading data and analytics company notes that the success of insulin pumps comes from not only their more flexible […]
Major depressive disorder market to reach $7.87bn in 8MM by 2029, with eight new pipeline products set to capture 62.9% of sales, says GlobalData
The prevalence of major depressive disorder (MDD) symptoms are expected to increase due to COVID-19-related stress, as patients struggled with a loss of personal freedom, conflicting messages from authorities and concerns with health security Increased activity is expected in digital therapeutics (DTx) as pharmaceutical companies aim to fill the unmet need of improved patient education […]
COVID-19 brings mixed fortunes for commercial dose CMOs, says GlobalData
The contract manufacturing industry for finished dose pharmaceuticals had the lowest growth rate in a decade in 2020, according to GlobalData estimates. The leading data and analytics company reveals that total commercial dose contract manufacturing organization (CMO) contract revenue in 2020 grew by only 2.4% over 2019 revenue. Adam Bradbury, Pharma Analyst at GlobalData, comments: […]
Valneva’s COVID-19 vaccine will be strong competition for AstraZeneca and J&J, says GlobalData
Following the news that Valneva’s COVID-19 vaccine showed superior neutralizing antibody levels and an equal seroconversion rate and protection against SARS-CoV-2, compared to AstraZeneca’s Vaxzevria; Philipp Rosenbaum, PhD, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “Valneva’s promising initial Phase III data, with at least equal protection levels and […]
UK parliament debate has potential to improve endometriosis and PCOS treatment outlook, says GlobalData
Following the news that UK parliament will discuss a petition later today, backed by 101,910 signatures, calling for increased funding for research into endometriosis and PCOS, two poorly understood illnesses that are thought to affect as many as 10% of women worldwide; Sarah Bundra, Pharmaceutical Analyst at GlobalData, a leading data and analytics company, offers […]
Arcutis may face challenges when marketing roflumilast despite commercial advantage, says GlobalData
Arcutis Biotherapeutics recently announced the submission of a New Drug Application (NDA) for its topical phosophodiesterase 4 (PDE4) inhibitor, roflumilast cream (ARQ-151), in the treatment of mild-to-severe plaque psoriasis (PsO). Despite having a potential commercial advantage as the first topical PDE4 inhibitor for an underserved PsO patient segment, GlobalData, a leading data and analytics company, […]
Covaxin success in 2-18 age group in India will depend on capability to meet demand, says GlobalData
Following the news that the Subject Expert Committee (SEC) provided a positive recommendation to the Drug Controller General of India (DCGI) for the use of Bharat Biotech’s Covaxin in 2-18 years age group for COVID-19; Prashant Khadayate, Director of Life Sciences Consulting and Research at GlobalData, a leading data and analytics company, offers his view: […]