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The global immuno-oncology (IO) market expanded at an impressive 24.3% compound annual growth rate from $10.4 billion in 2014 to $74 billion in 2024. The success of immune checkpoint inhibitors (ICIs) and CAR-T cell therapies fueled this initial market growth. As many of the ICIs approach the patent cliff, the spotlight has shifted toward next-generation […]
AbbVie’s upadacitinib holds potential to cement dominant place in alopecia areata with latest results, says GlobalData
AbbVie recently announced topline results from one of two parallel studies of the pivotal Phase III UP-AA trial evaluating upadacitinib in severe alopecia areata (AA). Upadacitinib’s latest results could provide AbbVie with a dominant place in AA while potentially addressing the need for treatment options with higher efficacy, according to GlobalData, a leading data and […]
Parkinson’s disease market to grow to $7 billion in 7MM by 2033, forecasts GlobalData
The Parkinson’s disease (PD) market across the seven major markets (7MM*) is forecast to grow at a compound annual growth rate (CAGR) of 7.6% from $3.4 billion in 2023 to $7.0 billion in 2033, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Parkinson’s disease: Seven Market Drug Forecast and Market Analysis […]
Nanoscope Therapeutics’ MCO-010 holds potential to become new treatment option for retinitis, says GlobalData
Nanoscope Therapeutics has recently submitted a rolling biologics license application (BLA) to the FDA for MCO-010 (sonpiretigene isteparvovec), a novel gene therapy candidate targeting retinitis pigmentosa (RP). Currently, the RP treatment landscape includes only one FDA-approved therapy, Luxturna (voretigene neparvovec), which is indicated for a small subset of patients with biallelic RPE65 mutations. In contrast, […]
US-EU trade deal puts pharmaceutical industry at substantial fiscal risk, says GlobalData
For the first time in decades, the pharmaceutical industry has been directly affected by a geopolitical trade negotiation between the US and the EU. On July 27th, 2025, the US government announced a 15% tariff on branded pharmaceutical products imported from the EU. The trade deal puts the pharmaceutical industry at a substantial fiscal risk, […]
Unmet needs present persistent challenges for effective endometriosis treatment, says GlobalData
The endometriosis therapeutics market continues to face significant unmet needs, primarily due to low diagnosis rates, limited disease awareness, and a lack of well-tolerated, long-term treatment options. While surgical interventions can offer symptomatic relief, they are costly and do not guarantee long-term remission or prevention of recurrence. Moreover, patients often undergo multiple surgeries throughout their […]
Hidradenitis suppurativa market set to quadruple to $7.8 billion in 7MM by 2034, forecasts GlobalData
The hidradenitis suppurativa (HS) market across the seven major pharmaceutical markets (7MM*) is projected to grow from $1.84 billion in 2024 to $7.83 billion in 2034, registering a compound annual growth rate (CAGR) of 15.6%, driven by the approval and uptake of next-generation biologics and small molecules with novel mechanisms of action, according to GlobalData, […]
Biomarker identification to address unmet needs of idiopathic pulmonary fibrosis treatment, says GlobalData
Idiopathic pulmonary fibrosis (IPF) is a progressive and often fatal lung disease characterized by the accumulation of scar tissue in the lungs, leading to respiratory failure. The current treatment approaches for IPF include Boehringer Ingelheim’s Ofev (nintedanib) and Roche’s Esbriet (pirfenidone). However, current treatments may not address several unmet needs in this space, particularly regarding […]
World Hepatitis Day 2025: Renewed global push urgent need amid rising mortality, says GlobalData
World Hepatitis Day, observed each year on 28 July, highlights the urgent need to combat viral hepatitis—one of the world’s deadliest infectious diseases, impacting over 300 million people globally. Despite available vaccines and treatments, rising mortality and persistent systemic, financial, and social barriers underscore the critical importance of renewed global efforts toward hepatitis elimination by […]
China’s obesity market poised for takeoff with homegrown therapies and late-stage pipeline, says GlobalData
China has recently approved the first locally developed obesity drug “Xinermei (mazdutide),” marking a critical milestone in the country’s obesity treatment landscape. Backed by a robust late-stage pipeline and differentiated dual-receptor mechanisms, the domestic obesity therapeutics market is set for rapid expansion, driven by innovation, rising disease burden, and a shift toward more accessible, locally […]
Diagnosed prevalent cases of HER2- breast cancer across 8MM set to reach 4.12 million in 2034, forecasts GlobalData
The burden of five-year diagnosed prevalent cases of HER2-Negative (HER2-) breast cancer is expected to increase at an annual growth rate (AGR) of 1.42% from around 3.61 million in 2024 to 4.12 million in 2034 across the eight major markets (8MM*), forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “HER2-Negative Breast Cancer: […]
Semaglutide emerges as contender in cerebrovascular disease management, says GlobalData
Semaglutide, a GLP-1R agonist also known as Ozempic or Wegovy and initially developed for type 2 diabetes, is emerging as a promising candidate for neurological conditions. The recent clinical findings suggest its potential to improve outcomes in stroke and brain hemorrhage patients, driven by its cardiovascular and anti-inflammatory effects. These developments highlight a significant therapeutic […]
AP301 phase 3 trial highlights Alebund’s potential to differentiate in HP space, says GlobalData
Alebund Pharmaceuticals announced positive topline phase III results highlighting that the use of AP301 demonstrated a statistically significant and clinically meaningful improvement in serum phosphorus control in dialysis patients with hyperphosphatemia (HP). If approved, AP301 could potentially address two unmet needs in HP management: poor patient adherence and inadequate phosphorus control, says GlobalData, a leading […]
India overtakes Iran in clinical trial initiations outside North America and Europe in Q2 2025, reveals GlobalData
China maintains its place as the most popular country for clinical trials outside North America and Europe for Q2 2025. However, India knocked Iran out of second place with the most clinical trials initiated in the rest of the world (ROW), according to a report by GlobalData, a leading data and analytics company. GlobalData’s latest […]
FDA discontinue rare pediatric disease designation program despite increase in RPD approvals, says GlobalData
Due to concerns surrounding their effectiveness, the FDA ended the Rare Pediatric Disease Designation (RPDD) program in late 2024. Following the program’s introduction, the FDA oversaw a surge in drug approvals for rare pediatric disorders (RPDs). From 2016 to 2024, the positive trend in RPDDs awarded was mirrored by a general increase in RPD approvals. […]
FDA approves 127 innovator and biosimilar drugs in 2024, marks shift in pharmaceutical approval landscape, says GlobalData
The US Food and Drug Administration (FDA) announced the approval of 127 innovator and biosimilar drugs in 2024, a notable decrease from the 149 approvals recorded in 2023. Despite the decline in overall approvals, the year saw a remarkable surge in innovative drug approvals, particularly from small pharmaceutical companies, many of which secured their first […]
Eli Lilly’s orforglipron and other key catalysts set to reshape drug landscape in Q3 2025, says GlobalData
Eli Lilly and Co’s orforglipron is emerging as a promising oral glucagon-like peptide (GLP)-1 therapy, with upcoming clinical milestones in obesity and diabetes set to shape its market trajectory. As a wave of key catalysts—including FDA decisions and late-stage trial results—approaches in Q3 2025, the pharmaceutical landscape is poised for shifts driven by innovation, competitive […]
Pulmonary arterial hypertension market to reach $9.3 billion in 7MM by 2034, forecasts GlobalData
The pulmonary arterial hypertension (PAH) market across the seven major markets (7MM*) is poised to grow at a compound annual growth rate (CAGR) of 2.0% from $7.6 billion in 2024 to $9.3 billion in 2034, driven by the adoption of triple combination therapy, novel prostacyclin formulations, and the entry of disease-modifying therapies, according to GlobalData, a […]
CDC’s vaccine advisory committee overhaul raises concerns for vaccine oversight, says GlobalData
On 9 June 2025, in a significant and controversial shake-up, US Secretary of Health and Human Services Robert F. Kennedy Jr. dismissed all 17 members of the Centers for Disease Control and Prevention (CDC) Advisory Committee for Immunization Practices (ACIP), the body responsible for advising the federal government on vaccine safety. This decision has raised […]
Big Pharma prepare for next patent cliff as blockbuster drugs revenue losses loom, says GlobalData
The pharmaceutical industry is bracing for one of its most financially significant patent cliffs in over a decade, with multiple blockbuster drugs set to lose exclusivity by 2030. As biosimilars and generics flood the market, pricing pressures will intensify—particularly in oncology—challenging pharma companies to rethink revenue strategies, pipeline investments, and lifecycle management to safeguard long-term […]