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The diagnosed prevalent cases of ulcerative colitis (UC) in the eight major markets (*8MM) are projected to increase from 1.7 million cases in 2019 to 2 million cases in 2029, equating to an annual growth rate (AGR) of 1.36%. The exponential growth in the prevalent cases of UC is attributed to low mortality and increased […]
PAH market forecast to grow at 5% CAGR by 2029, says GlobalData
With recent pipeline approvals of varying mechanisms and an influx of newly diagnosed patients, the pulmonary arterial hypertension (PAH) market is expected to grow at a 5% compound annual growth rate (CAGR) from 2019 to 2029 in the seven major markets*, says GlobalData, a leading data and analytics company. Kajal Jaddoo, Associate Pharma Analyst at […]
Vaccine trials outside home market will help Chinese companies capture Asia and South and Central America markets, says GlobalData
Pharma companies across the globe are working to develop a vaccine against COVID-19, which has already infected more than 38 million globally. Against this backdrop, the Phase III trials conducted by Chinese companies in countries outside China will help Chinese vaccines capture market share in Asian and South and Central American countries, says GlobalData, a […]
Remdesivir price curbing initiates in India make COVID-19 treatment more affordable, says GlobalData
Following the news that the Indian state of Maharashtra has fixed the price of remdesivir; Prashant Khadayate, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “Maharashtra is the worst affected state of the COVID-19 outbreak in India. The state has reported more than 1.55 million confirmed cases and 41,196 deaths […]
Biopharma companies more optimistic about 2020 imports/exports than in Q1, says GlobalData
Senior management of biopharma companies were more optimistic about the COVID-19 pandemic’s effect on imports/exports in Q3 compared to Q1, according to respondents who completed GlobalData’s Pharmaceutical Trade and Supply Chain Survey, fielded in Q3 2020. Fiona Barry at GlobalData comments: “Across all company types and regions, 92% of companies said COVID-19 poses a risk […]
Global Crohn’s disease market set to reach $12.6bn by 2029 driven by new therapies
The Crohn’s disease (CD) market is expected to grow from $7.4bn in 2019 to $12.6bn by 2029 across the eight major markets (8MM*) at a compound annual growth rate (CAGR) of 5.5%, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Crohn’s Disease – Global Drug Forecast and Market Analysis to 2029’, states […]
Diagnosed prevalent cases of diabetic retinopathy to reach 17.8 million by 2029 in the 9MM
Diagnosed prevalent cases of diabetic retinopathy in the nine major markets (9MM*) are expected to increase from 14.3 million in 2019 to 17.8 million in 2029, at an annual growth rate (AGR) of 2.4%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Diabetic Retinopathy – Epidemiology Forecast Report to 2029’, reveals that nearly […]
Strong 52-week Mirikizumab Phase II data holds promise for Eli Lilly in Crohn’s disease
New data unveiled at the United European Gastroenterology Week (UEGW) virtual conference showed that Eli Lilly’s Crohn’s disease (CD) hopeful, mirikizumab, can deliver durable endoscopic and symptomatic efficacy after 52 weeks in moderate-to-severe patients who had failed or were intolerant to conventional therapy and had failed at least one other biologic agent. mirikizumab’s prospects are favorable in the […]
Alkermes is expected to expand its presence in the schizophrenia market with its candidate ALKS-3831
Following the announcement of positive voting outcomes from the joint meeting of the Psychopharmacologic Drugs Advisory Committee and the Drug Safety and Risk Management Advisory Committee, appointed by the FDA in support of Alkermes’ ALKS-3831 for the treatment of Schizophrenia and Bipolar I Disorder; Alessio Brunello, Managing Pharma Analyst at GlobalData, a leading data and […]
COVID-19-related long-term effects provide opportunities for better pandemic management
Following reports that COVID-19 may cause lingering heart damage; Vinie Varkey, M.Sc, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “While the growing evidence of COVID-19 causing long-term effects in some patients is concerning and adds to the list of unknowns associated with this outbreak, this particular issue also […]
Vaccine research shows promise as need grows with second waves of COVID-19
Second waves of COVID-19 worldwide will coincide with the start of the winter months in the northern hemisphere and with the flu season, making the development of a viable vaccine even more imperative to prevent a worsening of the impact of COVID-19, says GlobalData, a leading data and analytics company. Mohamed Abukar, Pharma Analyst at GlobalData, comments: […]
Breast Cancer Screening Needs to Continue Despite COVID-19
October is Breast Cancer Awareness Month, a worldwide annual campaign that highlights the importance of breast cancer awareness, education and research. One of the consequences of COVID-19 is delays in health checks and preventative screening for cancer, which could result in a huge number of additional cancer casualties, if not managed correctly, says GlobalData, a leading data […]
COVID-19 clinical trial disruption declines but trials continue to suffer from slow recruitment
The total number of trials disrupted by COVID-19 since June has been falling slowly, while trials impacted by slow enrollment continue to increase. For trials currently affected by slow enrollment, one-tenth of these are specifically due to the unavailability of sites and investigators, says GlobalData, a leading data and analytics company. Brooke Wilson, Trials Intelligence […]
Czechia COVID-19 case fatality rate will continue to decrease despite second wave, says GlobalData
Czechia is experiencing a spike in daily confirmed cases of COVID-19, indicating the onset of a second wave. However, despite the increase in new cases, the case fatality rate has continued to decrease as a result of higher testing capacity, social distancing and health services adaptation compared to the beginning of the outbreak, says GlobalData, […]
France’s testing positivity rate increase indicates COVID-19 resurgence, says GlobalData
The daily confirmed cases of COVID-19 in France is increasing, which could indicate that the country is experiencing a second wave of COVID-19. The spike in cases, which began in August, seem to have coincided with the summer holiday and tourist season, says GlobalData, a leading data and analytics company. Bishal Bhandari, PhD, Senior Epidemiologist […]
Pfizer’s investment in China’s CStone Pharmaceuticals sets stage for first second-generation PD-L1 inhibitor, says GlobalData
Pfizer’s recent investment of $200m in China’s CStone Pharmaceuticals for the development of a second-generation immuno-oncology agent is the latest partnership between US and Chinese companies being utilized as a strategy to develop best-in-class agents to rival the first-in class advantages of currently marketed agents. As a result, there is a clear trend of partnerships […]
As World Mental Health Day approaches, demand for virtual mental health services still remains high as a result of the COVID-19 pandemic
The COVID-19 pandemic created an unprecedented demand for digital solutions for the delivery of safe and effective mental health treatment such as telemedicine. Even now, seven months after the pandemic started, demand for these services remains high, says GlobalData, a leading data and analytics company. Kathryn Whitney, MSc, Director of Thematic Analysis, comments: “A report […]
Eli Lilly’s and Regeneron’s EUA applications for their COVID-19 mAb therapies short of clinically relevant data; clinical study participations hampered if process politicized
As US President Donald J. Trump puts his weight behind Eli Lilly and Regeneron Pharmaceuticals’ bid for an FDA Emergency Use Authorization (EUA) for their respective COVID-19 monoclonal antibody (mAb) therapies; Manasi Vaidya and Reynald Castañeda, Pharma Writers for the Investigative News team at GlobalData, offer their view: “Experts we interviewed emphasized the need for […]
Axovant still has a lot to prove despite positive data for PD gene therapy, says GlobalData
Following the news that Axovant announced positive six-month follow-up data from its Phase II trial of AXO-Lenti-PD for the treatment of Parkinson’s Disease (PD); Philippa Salter, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “Showcasing an improvement in the Unified PD Rating Scale (UPDRS) Part III ‘OFF’ score from baseline […]
Newly proposed lung cancer screening guidelines will likely drive increase in new cases to over 240,000 by 2025, says GlobalData
Should the latest guidelines proposal by the US Preventive Services Task Force (USPSTF) for the screening of lung cancer take effect, GlobalData epidemiologists predict that the diagnosed incidence of the two main types of lung cancer* will likely surpass the current 2025 estimates of approximately 75 cases per 100,000 population and 13 cases per 100,000 […]