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Following the news that Takeda and Ovid’s epilepsy drug soticlestat achieved positive Phase II trial results in children with hard-to-treat epilepsy syndromes; Philippa Salter, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “While the trial ELEKTRA as a whole met its primary endpoint, demonstrating a reduction in seizure frequency, soticlestat […]
COVID-19 vaccines require innovative approaches to achieve best balance of safety and efficacy
At present, more than 200 prophylactic vaccines are in development for COVID-19. While promising candidates should be selected for diversity, the novel nature of SARS-CoV-2 requires innovative approaches to achieve the best balance of safety and efficacy, says GlobalData, a leading data and analytics company. Mohamed Abukar, MSc, Clinical Trials Analyst at GlobalData, comments: “AstraZeneca’s AZD-1222 […]
Biotech IPO deals not slowing during COVID-19
Biotech company initial public offering (IPO) valuations have shown resilience during the COVID-19 pandemic, compared to other industries. This is largely due to the unique nature of pharmaceuticals and the industry’s role in developing a COVID-19 drug, as well as drugs for other serious medical needs, says GlobalData, a leading data and analytics company. Sharon […]
Oncology remains market-leading therapy area with $142bn sales in 2019
In a global prescription drug market worth over $600bn, oncology has become the dominant area, claiming a market share of 23.4% as of 2019, followed by immunology at 12.4% and metabolic disorders at 10.8% according to GlobalData, a leading data and analytics company. GlobalData’s analysis of a proprietary dataset shows that global drug sales with […]
Hepatocellular carcinoma treatments are negatively impacted by COVID-19, says GlobalData
Hepatocellular carcinoma (HCC) treatment has been deferred due to overburdened healthcare systems as a result of the COVID-19 pandemic. Leading data and analytics company GlobalData has also found that, within HCC, the pandemic has caused a delay to 16 clinical trials across Phase I to III, with the most notable being the Phase II/III TACE-3 […]
Trilaciclib’s regulatory advancement signals a significant moment for supportive cancer care, says GlobalData
Trilaciclib’s new drug application (NDA) acceptance signals a significant moment for cancer patients that need support with chemotherapy-induced toxicities – further highlighted by the fact that the therapy has been granted Breakthrough Therapy Designation by the US FDA. By being able to preserve bone marrow and immune system function, Trilaciclib’s mechanism of action (MoA) of […]
Takeda’s hiring continues to decline following a 13.9% drop in Q1-Q2, finds GlobalData
Global pharmaceutical industry job postings see recovery in Q3 thus far, following a decline in Q2 2020 Takeda’s workforce size of 49,578 as of 31st March 2019, declined to 47,495 by end of March 2020 Takeda’s resources should be moved to areas that made Shire an appealing purchase Takeda Pharmaceutical’s (Takeda) hiring patterns show a […]
AstraZeneca’s COVID-19 vaccine data may fall short of desirable protection results, says GlobalData
In light of AstraZeneca’s denial that is it speaking to the FDA to push an emergency use authorisation for its COVID-19 vaccine, AZD1222; Reynald Castañeda, Pharma Writer for the Investigative News team at GlobalData, offers his view: “There is intense skepticism surrounding upcoming data releases from the early stage AstraZeneca trial of its vaccine, as […]
27% of healthcare experts believe it will take more than a year for COVID-19 disrupted clinical trial activity to return to normal, says GlobalData
In a recent GlobalData poll*, healthcare experts estimated that it would take some time for the clinical trials that were disrupted due to COVID-19 to return to normal. Out of 731 respondents, 27% suggested that it could take more than 12 months, while 23% said it would take four to six months. Priya Nair, Trials […]
US telemedicine mobile app downloads see dramatic increases during the COVID-19 pandemic, with some seeing 8,270% rise YoY, says GlobalData
Telemedicine looks to be here to stay as leading companies in this space have reported dramatic increases in demand for their services in the US since the COVID-19 pandemic began, according to GlobalData, a leading data and analytics company. Some of the biggest benefiters have been the Synzi Virtual Care app for physicians, which saw […]
BioMarin’s Valrox’s FDA rejection is a blow to severe hemophilia A patients in the US
Following the recent news that BioMarin received a Complete Response Letter (CRL) from the Food and Drug Administration (FDA) indicating that its gene therapy for severe hemophilia A, ValRox (valoctocogene roxaparvovec), was not yet ready for approval; Tajekesa Chapman, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “ValRox was expected to be the first-to-market hemophilia gene therapy and BioMarin had set its hopes on launching the product this year. However, the FDA has recommended evidence of durability with two years of follow-up safety and efficacy data, and so delaying launch to 2022. The introduction of gene therapies […]
Following FDA-issued CRL, head-to-head trial necessary strategy for Gilead and Galapagos’ filgotinib, says GlobalData
Gilead received a big shock following the FDA’s complete response letter (CRL) for filgotinib. While there has always been concerns surrounding the Janus kinase (JAK) inhibitor’s safety class profile across the immune space, Gilead’s hopes to differentiate the drug as ‘the safest JAK’ due to its lower rate of adverse events from cross-trial comparisons is […]
Aimmune’s Palforzia adoption in peanut allergy treatment hit by COVID-19, says GlobalData
Aimmune’s Palforzia (peanut allergy powder) has seen a slower uptake due to a knock-on effect of the COVID-19 pandemic. Uptake of new drugs such as Palforzia will likely be slower than initially expected due to pandemic-related logistical challenges since patients and staff need to now follow social distancing guidelines, as reported by Manasi Vaidya, Pharma […]
Spain’s spike in COVID-19 cases came after reopening too soon, says GlobalData
COVID-19 cases began increasing in Spain from July, which, while could be partially down to an increase in COVID-19 testing, does coincide with the holiday season, says GlobalData, a leading data and analytics company. Bishal Bhandari, PhD, Senior Epidemiologist at GlobalData, comments: “Spain’s reliance on summer holiday tourism meant that the country deemed that nation-wide […]
Use of stem cells appears promising in restoring fertility in premature ovarian failure patients
The use of stem cells to “re-awaken” the ovaries in women with premature ovarian failure (POF) pave the way for novel treatments for this cause of infertility, says GlobalData, a leading data and analytics company. Despite their young age, POF patients face a difficult-to-treat infertility issue with limited treatment options and relatively poor fertility outcomes. In the randomized, prospective, pilot study, presented at this year’s European Society of Human Reproduction and Embryology (ESHRE) congress, follicular development was demonstrated in a […]
UK’s plans for significant revisions to outbreak control agencies has questionable timing amid 40,000 death toll, says GlobalData
Following the news that UK Health Secretary Matt Hancock has announced National Institution for Health Protection; Michael Breen, Director of Infectious Diseases at GlobalData, offers his view: “The COVID-19 pandemic has exposed both global and national inefficiencies in responding to the COVID-19 outbreak, and, in light of an estimate that there has been 40,000 deaths […]
Hodgkin’s lymphoma market to suffer with Adcetris patent expiry but benefit from new competitive landscape, says GlobalData
Adcetris is the market-leading drug in the world’s 7MM* (US, 5EU and Japan) and the main contributor to the market growth in Hodgkin’s lymphoma (HL) over the recent years. The initial patent expiry in the US in 2024 is expected to lead to stagnation in this currently growing market. However, this could be compensated by […]
India’s CMO market emerges as hotbed for global private equity investment, says GlobalData
India’s contract manufacturing organization (CMO) and pharma market has strongly attracted investment from global private equity firms in recent times, driven by favorable government policies and a thriving generic drugs market, says GlobalData, a leading data and analytics company. In July 2020, US-based Advent International agreed to acquire a controlling stake in RA Chem Pharma […]
COVID-19 disrupted clinical trials with suspended enrollment more likely to resume, says GlobalData
The number of total disrupted clinical trials has begun to fall since June, however, only trials that suspended enrollment have been on a downward trajectory, says GlobalData, a leading data and analytics company. Brooke Wilson, Associate Director, Trials Intelligence at GlobalData, comments: “Trials that had already initiated enrollment before the pandemic – having already chosen […]
COVID-19 is causing lower flu vaccination rates in the UK, says GlobalData
The UK has one of the highest flu vaccination rates in the world. However, the COVID-19 pandemic is increasing appointment times due to extra precautions needing to be taken to avoid COVID-19 contamination and reducing patients’ access to healthcare over fear of catching the disease. Therefore, despite the importance of vaccination during the pandemic, GlobalData […]