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There are concerns over the pricing of remdesivir and how to make it available in low-income and lower-middle income countries, says GlobalData, a leading data and analytics company. Historically, intravenously (IV) administered drugs come with a large price tag, but pharmaceutical companies are facing pressure to forego profits in exchange for reputation gains and goodwill. […]
70% of COVID-19 clinical trials run by non-industry sponsors, says GlobalData
At the beginning of June, more than 70% of trials were being run by non-industry sponsors, and the majority of clinical trial sponsors were based in the Asia-Pacific (APAC) region. As many of the drugs being evaluated are generic agents or traditional medicines, these trials are typically being run by academic or public institutions or […]
Telemedicine expected to be used at high levels after the COVID-19 crisis, with most potential in chronic disease management, says GlobalData
A total *76% of people, as surveyed by GlobalData, expect telemedicine to be used widely once the pandemic had abated. Kathryn Whitney, MSc, Director of Thematic Analysis, comments: “Telemedicine offers patients better access to care, improved health outcomes and increased patient empowerment. For healthcare professionals, it allows high-risk patients to be monitored and treated more […]
COVID-19 to boost healthcare wearables uptake, but consumer protection concerns remain, says GlobalData
The health and fitness wearables that monitor physiological parameters such as heart rate, body temperature, sleeping patterns, blood pressure and oxygen saturation levels may become an effective early-warning system to detect COVID-19 if regulatory, safety and consumer protection requirements are addressed, says GlobalData, a leading data and analytics company. Urte Jakimaviciute MSc, Senior Director of […]
Ferring’s Milprosa approval to partially address unmet need in female infertility space, says GlobalData
Following the FDA approval of Ferring Pharmaceuticals’ once-weekly progesterone vaginal ring for luteal phase support in women undergoing assisted reproductive technology (ART) treatment cycles, the drug is expected to capture a third of the total US sales for progesterone options in this space, which will rise from $78m in 2019 to exceed $100m by 2028. […]
Key pipeline advancements to propel myelodysplastic syndromes market to $2.4bn by 2028, says GlobalData
The myelodysplastic syndromes (MDS) market is expected to grow from $1.6bn in 2018 to $2.4bn in 2028 across the seven major markets (7MM*) at a moderate compound annual growth rate (CAGR) of 4.4%, driven by the anticipated approval and launch of ten new pipeline therapies according to GlobalData, a leading data and analytics company. The […]
Dexamethasone and remdesivir could compliment each other, says GlobalData
After receiving a world-first approval by the UK Government, following groundbreaking data showing it can reduce COVID-19 deaths among hospitalized patients, the inexpensive and widely available corticosteroid dexamethasone has been getting significant attention. While data supporting dexamethasone’s efficacy seem clear, the magnitude of its benefit remains modest. Further, additional studies are warranted so as to […]
Tonix Pharmaceuticals and Southern Research COVID-19 vaccine provides a novel vector
Tonix Pharmaceuticals and Southern Research have partnered to create a COVID-19 vaccine based on Tonix’s proprietary horsepox vaccine platform. The use of the horsepox vector will be an important addition to the 234 COVID-19 vaccines currently being developed, as it will add another vector to be used for COVID-19 vaccines and boosters, along with providing […]
IVIg is available for treating COVID-19
While researchers investigate recovered patient antibody treatments for COVID-19, intravenous immunoglobulin (IVIg) is a similar type of treatment that is already available and could be used for COVID-19, says GlobalData, a leading data and analytics company. Johanna Swanson, Product Manager at GlobalData, comments: “IVIg is generated from the pooled immunoglobulin G of approximately one thousand blood […]
Less than 30% of AML cases considered to be in adverse risk group
Acute myeloid leukemia (AML), a serious haematological cancer, remains a disease often defined by poor prognosis. However, less than 30% of diagnosed incident cases of AML are considered of adverse risk, according to GlobalData, a leading data analytics company. The company’s latest report, ‘Acute Myeloid Leukemia: Epidemiology Forecast to 2029’, reveals that by 2029, there […]
Gilead’s inhaled remdesivir to commence Phase I trials, but new formulation may be required, says GlobalData
Following Gilead’s announcement that it will begin Phase I clinical trials for inhaled remdesivir in healthy volunteers, data and analytics company GlobalData anticipates that a new route of administration will specifically target patients with mild to moderate COVID-19 infection and will be administered via a nebuliser so that patients can self-administer away from hospital. GlobalData […]
Despite temporary increased drug sales for most big bio/pharma companies, Regeneron Pharmaceuticals falls short of Q1 2020 forecast, says GlobalData
Despite the COVID-19 challenges, most of the big bio/pharma companies had reported temporary increase in drug sales in Q1 2020, mainly due to the stockpiling in preparation for reduced or no medical access during the lockdown. However, not all companies fared equally. Regeneron Pharmaceuticals was the only company to fall short of its Q1 2020 […]
Generic remdesivir approval will limit COVID-19 death rate in India post lockdown exit, says GlobalData
Following the news that domestic pharma giants Cipla and Hetero have received the Drugs Controller General of India’s (DGCI) approval to launch generic versions of remdesivir for COVID-19 treatment under the brand names Cipremi and Covifor respectively; Ms. Sasmitha Sahu, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “The approval […]
Dexamethasone could be another potential opportunity for Indian pharma companies, says GlobalData
Following the news that Indian drug firms cheer dexamethasone’s efficacy in severe COVID-19 patients;Nag Madhavi, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “Dexamethasone, an anti-inflammatory corticosteroid, is used for the treatment of various diseases such as inflammatory diseases, certain autoimmune diseases, skin conditions, asthma, lung conditions, and allergic reactions. […]
Alzheimer’s disease market to reach $12.9bn in 2028 driven by launch of new pipeline agents
Drug sales for Alzheimer’s disease (AD) and mild cognitive impairment (MCI) collectively reached $2.2bn in 2018 across the eight major markets (8MM*). By the end of the forecast period in 2028, these sales are forecast to increase to $12.9bn at a compound annual growth rate (CAGR) of 19.3%, according to GlobalData, a leading data and […]
Favipiravir approval in India will benefit majority of COVID-19 patients, says GlobalData
Following the news that Glenmark Pharmaceuticals has become the first company in India to receive regulatory approval for oral antiviral favipiravir for the treatment of mild to moderate COVID-19; Prashant Khadayate, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “The approval of Glenmark’s ‘FabiFlu’ for emergency restricted use only by […]
European COVID-19 clinical trials primarily focused on repurposing available therapies, says GlobalData
The phase distribution of clinical trials in Europe suggests that sponsors are focusing primarily on repurposing available therapies to treat COVID-19 and that the level of research directly correlates with the clinical need for effective therapies based on the severity of the COVID-19 pandemic in that country. Only 5.2% of trials have announced some form […]
Global dry eye syndrome market to grow at 10.6% CAGR to reach $11.1bn in 2028, says GlobalData
The launch of new therapies between 2018 and 2028, including new classes of drugs with novel mechanisms of action (MOAs), and an anticipated increase in the prevalence of dry eye syndrome (DES) are expected to lead to an expansion of the global DES market says GlobalData, a leading data and analytics company. The company’s latest […]
BeiGene’s commercialization experience will help it devise effective launch strategy for Brukinsa, says GlobalData
BeiGene has recently received approval for its second-generation Bruton’s tyrosine kinase (BTK) inhibitor Brukinsa (zanubrutinib) from the China National Medical Products Administration (NMPA). The China-based biotech firm’s experience of commercializing partner Celgene’s (now Bristol Myers Squibb) drugs will help in devising effective launch strategy for Brukinsa, says GlobalData, a leading data analytics and research company. […]
Pharma increases sedative drug production for COVID-19 patients as FDA declare shortages
As the COVID-19 pandemic continues to sweep across the US, around 12% of intensive care hospitalized COVID-19 patients need to be placed on a ventilator. Not only does the procedure to do this require thousands of patients to be sedated, but they must also remain sedated if they have to stay on a ventilator longer-term. This […]