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The burden of diagnosed small cell lung cancer (SCLC) is expected to increase at an annual growth rate (AGR) of 3.5% from around 180,000 cases in 2019 to 240,000 cases in 2029 in the eight major markets (8MM*), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Small Cell Lung Cancer: Epidemiology […]
Parkinson’s disease market to reach $11.5bn by 2029 in the 7MM driven by novel pipeline agents, says GlobalData
The Parkinson’s disease (PD) market is expected to see significant growth in the 7MM*, with the decade starting 2019 seeing an impressive 12.6% compound annual growth rate (CAGR), according to GlobalData. The leading data and analytics company notes that this growth is largely driven by the launch of 17 new pipeline products, which are set […]
AbbVie challenges J&J with Skyrizi PsA submission, says GlobalData
In early April, AbbVie announced its submission to the US FDA for its selective interleukin (IL)-23 inhibitor, Skyrizi (risankizumab), for the indication of psoriatic arthritis (PsA). If approved, Skyrizi would be the second inhibitor available for the disease, however, Skyrizi is entering an increasingly crowded and competitive field with numerous existing branded agents and biosimilars […]
Roche leads industry sponsored oncology trials in Australia, says GlobalData
Australia has the highest age-standardized incidence rate for all cancers in the world and one of the countries with substantial cancer screening programs. Against this backdrop, several pharma companies are conducting clinical trials related to cancer drugs in the country. Among these, Roche continues to be a key player with the highest number of clinical […]
Pharma industry investments in blockchain decreased in 2020 as organizations shifted priorities during COVID-19 pandemic, says GlobalData
Despite considerable improvements that blockchain could bring to the pharmaceutical sector, this technology-related revolution has not quite happened yet. While COVID-19 accelerated digital transformation in the pharmaceutical industry, blockchain witnessed a setback in 2020, says GlobalData, a leading data and analytics company. GlobalData’s survey found that in 2020 investments in blockchain decreased by 6% compared […]
India needs to step up vaccination rate, secure oxygen supplies to curb COVID-19 pandemic, says GlobalData
A novel ‘double mutant’ variant of SARS-CoV-2, along with other factors, has accelerated the COVID-19 pandemic in India, setting a global record of new daily cases. Against this backdrop, increasing vaccination rates, mandating social distancing and mask wearing, and importing enough oxygen are the most crucial factors for India right now to free up hospital […]
Axsome Therapeutics’ novel antidepressant has blockbuster potential, says GlobalData
Following today’s news (26 April) that the Food and Drug Administration (FDA) has accepted Axsome Therapeutics’ new drug application (NDA) for its novel antidepressant therapy AXS-05, and granted it priority review; Philippa Salter, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “GlobalData forecasts that AXS-05 will have the potential to […]
Chinese COVID-19 vaccines supply remains crucial for developing nations irrespective of real-world data, says GlobalData
Beijing-based pharmaceutical company Sinovac Biotech’s CoronaVac vaccine was recently found to be 49.6% effective in real-world data from Brazil. However, considering the global demand for COVID-19 vaccines and the supply-demand gaps, Chinese vaccines remain crucial for developing nations’ vaccination programs irrespective of real-world data, says GlobalData, a leading data analytics and research company. China has […]
Pancreatic cancer market forecast to reach $4.1bn by 2029, says GlobalData
The pancreatic cancer market has seen the launch of premium priced therapies in the last three to four years in late-stage pancreatic cancer patients, resulting in current valuation at $1.9bn in 2019. GlobalData, a leading data and analytics company, forecasts an increase to $4.1bn in 2029 at a moderate compound annual growth rate (CAGR) of […]
Monoclonal antibodies targeted against COVID-19 have high potential, but their efficacy against emerging variants remains muddled, says GlobalData
The emergence of new SARS-CoV-2 variants have been detected in over 40 countries and are disrupting drug development worldwide. The prevalence of these more transmissible strains is growing fast and may require adjustments to current therapies to ensure they retain clinical efficacy, says GlobalData, a leading data and analytics company. Nancy Jaser, PharmD/MBA, Pharma Analyst […]
SalioGen therapeutics’ non-viral gene therapy platform may potentially expand access to novel rare disease therapeutics, says GlobalData
In March 2021, SalioGen therapeutics raised $20m to support the preclinical validation of its non-viral gene therapy platform, exact DNA integration technology. The development of non-viral gene therapy manufacturing platforms will likely increase patient access to gene therapy and improve the cost-to-benefit ratio, says GlobalData, a leading data and analytics company. SalioGen has engineered a […]
Gemtesa is a welcome entrant to US overactive bladder market as it addresses need for safer therapies, says GlobalData
The commercial launch of Urovant Sciences’ first product, Gemtesa (vibegron), a beta 3 adrenergic receptor agonist in the US, addresses overactive bladder (OAB) symptoms by increasing bladder capacity and an unmet need for alternative, safer therapies for US patients, says GlobalData, a leading data and analytics company. In recent years, Urovant has become established as […]
Abbott positioned to be leading COVID-19 point-of-care diagnostics manufacturer in the US, says GlobalData
Abbott’s rapid COVID-19 antigen self-test, the BinaxNOW, is now widely available across the US at CVS Pharmacy, Walgreens, and Walmart without a prescription; Dara Lo, Medical Analyst at GlobalData, a leading data and analytics company, offers her view: “The trend of moving from hospital lab-based testing to more rapid testing outside of that environment is […]
Sputnik V to face stiff competition in India despite better efficacy but will help ramp up vaccination drive, says GlobalData
With the Sputnik V vaccine’s recent approval, India now has three vaccines authorized for COVID-19 treatment. However, despite better efficacy over Serum Institute of India/ AstraZeneca’s Covishield and Bharat Biotech’s Covaxin, Sputnik V will face stiff competition in India, says GlobalData, a leading data analytics and research company. Dr Reddy’s Laboratories (DRL) will receive Sputnik […]
Diagnosed incident cases of melanoma in Canada projected to increase by 23.35% by 2029, says GlobalData
Diagnosed incident cases of melanoma in the eight major markets (8MM*) combined is expected to increase from 0.19 million cases in 2019 to 0.22 million cases in 2029, at an annual growth rate (AGR) of 1.66%, according to GlobalData, a leading data and analytics company. Of the 8MM, the diagnosed incident cases of melanoma in […]
Immuno-oncology will be dominant class of drugs for hepatocellular carcinoma by 2029, says GlobalData
Immuno-oncology (IO) agents will be the dominant class in the hepatocellular carcinoma (HCC) market by 2029 due to the launch of pipeline drugs targeting programmed cell death protein 1 (PD-1) or programmed death-ligand 1 (PD-L1) and cytotoxic T-lymphocyte-associated protein 4 (CTLA-4), which will constitute a large proportion of prescriptions as they will be used as […]
Delayed FDA reviews may signal trouble for JAK inhibitors in autoimmune space, says GlobalData
Five delays in regulatory reviews for a single drug class in less than one month could serve as an early warning sign that the Food and Drug Administration (FDA) is cracking down on safety signals in Janus kinase (JAK) inhibitors and will continue to keep a close eye on these drugs, says GlobalData, a leading […]
Amgen’s $1.9bn bet on Five Prime Therapeutics will require more than one label for bemarituzumab to pay off, says GlobalData
Following today’s news (16 April) that Amgen has completed its planned acquisition of Five Prime Therapeutics for $1.9bn; Sakis Paliouras, PhD, Senior Oncology & Hematology Analyst at GlobalData, a leading data and analytics company, offers his view: “Amgen’s main interest in Five Prime’s pipeline was the lead, first-in-class anti-FGFR2b inhibitor bemarituzumab tested in gastric (GC) […]
Chinese checkpoint inhibitors may drive down drug prices, says GlobalData
Chinese domestic ICI brands poised for approvals across multiple oncology indications International brands seeking access in China should balance diminishing drug prices with the opportunity to target enormous patient pool Immune checkpoint inhibitors (ICIs) and their introduction into the treatment paradigm of multiple oncology indications has arguably been the largest transformative force in the treatment […]
Pfizer/BioNTech’s vaccine predicted record-breaking sales of $24.8bn by 2021, says GlobalData
Pfizer/BioNTech’s Comirnaty (tozinameran) is forecast to have peak sales of $24.8bn by 2021, which is only its second year on the market. This is a 20% increase over Humira’s peak sales of $20.5bn, suggesting that Comirnaty could be the next top drug by peak sales within only two years of its launch, says GlobalData, a […]