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Half of the companies in a ranking of top 20 global innovative pharmaceutical firms by data and analytics company GlobalData reported positive market capitalization (MCap) growth in Q3*, with Pfizer and Daiichi Sankyo Co reporting double-digit percentage growth. The top 20 reported a mixed bag of increases and decreases in their MCap, and the overall […]
Gmax BioPharm looking to enter competitive PAH market with early stage drug GMA301
Gmax Biopharm announced that the first patient has received its humanized monoclonal antibody drug, GMA301, as part of investigations around the drug’s efficacy for the treatment of pulmonary arterial hypertension (PAH). As the drug is administered intravenously, and can be dosed on a monthly schedule because of its long-lasting half-life, it may be more convenient […]
FDA approval of Provention Bio’s Teplizumab could bring first disease-modifying therapy to type 1 diabetes space
If Provention Bio’s rolling Biologic License Application (BLA) submission to the FDA for teplizumab is approved, teplizumab will be the first disease-modifying therapy for type 1 diabetes (T1D). Teplizumab is one of the first therapeutics to demonstrate a disease-modifying effect for T1D. As it is a prevention therapy, it is expected to encourage early screening […]
Diagnosed prevalent cases of acromegaly in the US is projected to increase by 11.8% over the next decade
The diagnosed prevalent cases of acromegaly in the seven major markets (7MM*) combined is projected to increase from 43,220 cases in 2019 to 47,340 in 2029, at an annual growth rate (AGR) of 0.95%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Acromegaly and Gigantism – Epidemiology Forecast to 2029’, notes that […]
Successive drug launches will drive NASH market growth across seven major markets, says GlobalData
Several pharmacological treatments for non-alcoholic steatohepatitis (NASH) are expected to be launched in the seven major markets (7MM*) over the next 10 years. It is anticipated that these products can demand higher prices than the current off-label therapies, considering no therapy has been approved for the indication, and drive strong growth in the NASH market, […]
Biogen’s aducanumab in AD unlikely to be well-covered by payers, with FDA approval prospects mixed
Following a controversial FDA Advisory Committee meeting for Biogen’s aducanumab for mild Alzheimer’s disease, where the panel members sharply recommended against approval, the therapy will likely face significant barriers to coverage if it gains an agency nod in March, according to reporting from William Newton, Pharma Writer for the Investigative News team at GlobalData, a […]
Global IPF market set to reach $3.6bn by 2029
The idiopathic pulmonary fibrosis (IPF) market was valued at $2.5bn in 2019 across the seven major markets (7MM*), and is expected to grow to $3.6bn by 2029 with a compound annual growth rate (CAGR) of 3.8%, according to GlobalData, a leading data and analytics company. According to the company’s latest report: ‘Idiopathic Pulmonary Fibrosis: Opportunity Analysis […]
Pfizer-BioNTech COVID-19 vaccine likely to create set of firsts for the pharmaceutical sector
Following the news that the Phase III study of the COVID-19 vaccine developed by Pfizer and BioNTech has been concluded and is showing 95% efficacy in prevention of the disease; Vinie Varkey, M.Sc, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “With the mRNA vaccine candidate BNT162b2 having key safety […]
Akebia’s vadadustat MACE profile remains unclear and US approval path in non-dialysis CKD anemia uncertain
Akebia Therapeutics presented additional data from its Phase III PRO2TECT trial at the 2020 American Society of Nephrology Kidney Week conference, that evaluated the efficacy and safety of vadadustat versus erythropoiesis stimulating agent (ESA) Aranesp (darbepoetin alfa) for the treatment of chronic kidney disease (CKD) anemia in adult non-dialysis patients. Despite the latest additional data, […]
Pharmaceutical industry continues to bet big on AI
Declining pharmaceutical research and development (R&D) efficiency has been an ongoing problem in pharmaceutical sector. With emerging technologies reshaping various business, pharma is looking to capitalize on artificial intelligence (AI) to streamline operating models and address R&D’s productivity challenges, says GlobalData, a leading data and analytics company. According to a survey as part of GlobalData’s latest report, Digital Transformation and […]
Pfizer’s dependency on JAK inhibitors may cost the company in the long run
While Pfizer has witnessed a positive experience regarding the development of its Janus kinase (JAK) inhibitors, there is the distinct possibility that having so much of its portfolio dependent on JAK inhibitors may cost the company in the long run. A combination of drug class safety concerns, impending patent expiration and the looming threat of […]
India’s COVID-19 testing strategy will help control future spurt of infection, says GlobalData
Several countries globally are now going through a second wave of COVID-19 infection. India is ranked second in terms of the confirmed COVID-19 cases globally. However, India has drastically ramped up its COVID-19 testing capacity, which will help it control future spurts of infection or future waves, says GlobalData, a leading data analytics and research […]
US, UK and Germany are top manufacturers for COVID-19 vaccines
Vaccine developers are selecting contract manufacturing organizations (CMOs) close to home for their COVID-19 vaccine, as the US, UK and Germany are the most popular supplier locations, says GlobalData, a leading data and analytics company. Johanna Swanson, MBA, Product Manager at GlobalData, comments: “These supply chains contrast with the general trend within the pharma industry to […]
The Italian acromegaly market will more than double in size by 2029, says GlobalData
Marketed therapeutics for the treatment of acromegaly generated sales of at least $33m in Italy in 2019. The value of this market is expected to more than double, surpassing $75m in 2029, according to GlobalData, a leading data and analytics company. GlobalData’s recently published report, ‘Acromegaly and Gigantism: Global Drug Forecast and Market Analysis to 2029’, reveals that the size of the Italian acromegaly market will increase at a 10-year compound annual growth rate (CAGR) of 8.6%. Magdalene Crabbe, Senior Pharmaceutical Analyst at GlobalData, comments: “The Italian market will experience rapid […]
Low diagnosis rate for COPD negatively affects patients during the COVID-19 pandemic
Today (Wednesday 18 November) is World COPD Day 2020. Chronic obstructive pulmonary disease (COPD) is a group of respiratory diseases that hinder airflow cause breathing difficulties and there is currently no cure. Ana Fernandez Menjivar, Senior Epidemiologist at GlobalData, a leading data and analytics company, offers her view on the current challenges of diagnosing COPD […]
BrainStorm’s NurOwn fails Phase III trial, demonstrating the struggle to develop effective ALS treatment
Following Brainstorm Cell Therapeutics announcement of topline results for its anticipated amyotrophic lateral sclerosis (ALS) stem cell therapy NurOwn; Sarah Elsayed, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view on the opportunities and challenges in this market: “NurOwn is the second pipeline drug to fail a clinical trial for ALS this year, […]
Kala Pharmaceuticals should focus on educating ophthalmologists and having a favorable price point for Eysuvis
The US Food and Drug Administration (FDA) recently announced the approval of Kala Pharmaceuticals’ Eysuvis, a topical steroid (0.25% loteprednol etabonate ophthalmic suspension), for short-term treatment of the signs and symptoms of dry eye syndrome (DES). In order to smoothen market access for this new therapy and facilitate its uptake, Kala Pharmaceuticals will need to […]
COVID-19 vaccine production driving contract service agreements for recombinant vector vaccines
COVID-19 is driving many small pharma companies that do not have the expertise or funds to run their own manufacturing facilities to outsource production. COVID-19 vaccine developers are signing contract service agreements at an unprecedented rate, as pharma companies have publicly revealed 42 contract manufacturing service agreements for 28 unique pipeline COVID-19 vaccines, as manufacturing companies […]
Eli Lilly’s COVID-19 mAb bamlanivimab potential cost effectiveness underscores payer support
Eli Lilly’s monoclonal antibody (mAb) bamlanivimab is unlikely to face payer pushback, despite its broad label, after recent FDA emergency use authorization (EUA) experts told Manasi Vaidya, Pharma Writer for the Investigative News team at GlobalData, a leading data and analytics company. Despite increased scrutiny on drug prices in the COVID-19 era, given the potential […]
Growth of T2D market driven by increasing diagnosed prevalence of disease and emergence of novel pipeline agents
Type 2 diabetes (T2D) is a crowded and competitive landscape, with market growth primarily driven by an increasing diagnosed prevalent population across nine major markets (9MM*) and the emergence of novel pipeline agents, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Type 2 Diabetes: Global Drug Forecast and Market Analysis to 2029’, reveals […]