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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 […]
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 […]
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 […]
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 […]
COVID-19 clinical trial resumptions slow as cases rise again, says GlobalData
Clinical trials disrupted by COVID-19 are expected to resume at a much slower rate than originally anticipated, as more nations are re-enforcing lockdown due to a globally rising number of COVID-19 cases, says GlobalData, a leading data and analytics company. Priya Nair, Trials Intelligence Analyst at GlobalData, comments: “The general trend shows a gradual increase […]
Indian dose sites an untapped M&A opportunity for foreign CMOs, says GlobalData
There is an M&A opportunity for large contract manufacturing organizations (CMOs) in North America and Europe to acquire facilities able to produce medicines with lower operating expenses than in their own territories, says GlobalData, a leading data and analytics company. Adam Bradbury, PharmSource Analyst at GlobalData comments: “Only 3% of CMO Indian facilities that sell […]
AstraZeneca’s speedy trial restart splits experts, while Pfizer’s study primed for fast data readout but Moderna may edge it out on detail, says GlobalData
With the European Medicines Agency (EMA) announcing today that it will also initiate a rolling review of the COVID-19 vaccine developed by Pfizer and BioNTech besides just AstraZeneca’s asset; Reynald Castañeda, Pharma Writer for the Investigative News team at GlobalData, offers his view: “After interviewing ten experts, there is clearly a split in terms of […]
Invokana may experience moderate rebound from decreasing US sales trend following FDA backtracking on boxed warning
The FDA has removed a boxed warning concerning the risk of leg and foot amputations for Janssen’s sodium glucose co-transporter (SGLT) inhibitor, Invokana (canagliflozin) – including its combination varieties Invokamet (canagliflozin + metformin) and Invokamet XR (canagliflozin + metformin extended-release). With the removal of the boxed warning, it is expected that Invokana will experience a […]