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Even though blockchain stands out as a potential solution to improve pharmaceutical supply chains, COVID-19 may become a hindrance rather than a trigger in the technology’s future implementation and uptake, says GlobalData, a leading data and analytics company. Urte Jakimaviciute, MSc, Senior Director of Market Research at GlobalData, comments: “A blockchain-based distributed ledger can provide […]
Anti-TNF therapies could treat patients with COVID-19-related acute respiratory distress, says GlobalData
Remicade (infliximab) and Humira (adalimumab) are the established anti-tumor necrosis factor (TNF) therapies that have been shown to decrease inflammation in diseases such as rheumatoid arthritis (RA) and inflammatory bowel disease (IBD). As these anti-TNF therapies reduce inflammation, they could treat COVID-19 patients with acute respiratory distress (ARDS), says GlobalData, a leading data and analytics […]
India’s Sun Pharma bets on another repurposed drug research for COVID-19 cure, says GlobalData
Following the news that India-based Sun Pharmaceutical Industries Ltd (Sun Pharma) has received Indian regulatory approval to start clinical trials of pancreatitis drug nafamostat mesylate in COVID-19 patients; Prashant Khadayate, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “Sun Pharma being the leading player in India seems to be slightly […]
Launch of dasatinib generics will be huge financial upside for CML patients in India, says GlobalData
The launch of the generic versions of dasatinib, following the expiration of Indian patent in April 2020 will increase the accessibility for treatment of chronic myeloid leukemia (CML) and acute lymphoblastic leukemia (ALL) and subsequently result in huge cost savings, says GlobalData, a leading data and analytics company. Post patent expiry of BMS’ Sprycel (dasatinib), […]
Healthcare sector witnessed 10.1% decline in deal activity during week ended May 31
The number of deals announced in the global healthcare sector (including pharmaceuticals and medical equipment) declined by 10.1% during the week ended May 31, 2020 compared to the previous week, according to GlobalData’s deals database. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Though the healthcare sector has been relatively resilient compared to other sectors amid […]
Five bio/pharmaceutical companies that accepted PPP loans are developing COVID-19 therapies
Paycheck Protection Program (PPP) loans from the US Government were taken out by at least 49 publicly traded bio/pharmaceutical companies from the $659bn loan program, according to GlobalData, a leading data and analytics company. Of these, five are working on COVID-19 therapies. The SBA loans were originally intended to aid small businesses to cover payroll, […]
Ferring’s recent Milprosa approval set to partially address unmet need in the female infertility space, says GlobalData
Ferring Pharmaceuticals recently gained FDA approval for Milprosa, a once-weekly progesterone vaginal ring for the luteal phase support in women undergoing Assisted Reproductive Technology (ART) treatment cycles. According to GlobalData, US sales of the various progesterone options used for luteal phase support during ART cycles were estimated at $78M in 2019. By 2028 sales are […]
Indian pharma companies join race for favipiravir clinical trials for COVID-19, says GlobalData
The Drug Controller General of India (DCGI) has recently given approval to Indian pharma companies Glenmark and Strides Pharma Science to initiate clinical trials of favipiravir for COVID-19 patients. The lack of definitive treatment for COVID-19 has paved the way for repurposing the existing drugs for COVID-19 treatment and Indian pharma companies also want to […]
Six medical marijuana clinical trials have been disrupted by COVID-19, says GlobalData
As of May 2020, six clinical trials for investigational medical marijuana products have been suspended as a result of COVID-19. Four of these trials had not started yet, with their initiation dates suspended. The primary reasons for disruptions are delayed initiation and delayed enrollment or recruitment due to the social distancing and lockdown measures. Johanna […]
Reopening communities involves looking at the epidemiology
As the global COVID-19 crisis continues, countries are taking stock of the current epidemiology information on the disease and attempting to evaluate if it is safe to open their societies again. The number of new cases in several countries has slowed; however, reopening communities too soon may lead to significant spikes in case numbers at […]
India’s COVID-19 average case fatality rate is relatively low despite a surge in cases, says GlobalData
With a total of nearly 200,000 confirmed cases and over 5,500 deaths reported due to COVID-19 in the past three months, India stands in tenth position in terms of the number of confirmed cases. Though India showed a surge in new cases over the past few days, the average case fatality rate (CFR) is relatively […]
Eligibility questions remain about publicly traded bio/pharma companies that received Paycheck Protection Program loans, says GlobalData
At least 49 publicly traded bio/pharmaceutical companies took Paycheck Protection Program (PPP) loans from the US Government’s $659bn program despite official guidance that the money was not intended for large public companies, says GlobalData, a leading data and analytics company. Peter Shapiro, PhD, PharmSource and Senior Director, Drugs and Business Fundamentals Databases at GlobalData, comments: […]
South Korea gained greater control over COVD-19 than US with early testing, says GlobalData
The US remains the most heavily affected country by the COVID-19 pandemic, with more than 1.7 million total confirmed cases. In comparison, South Korea is now thought to be in the recovery phase of this disease with more than 11,500 total confirmed cases. Though the US has now performed 40 COVID-19 tests per 1,000 population […]
COVID-19 has put elderly and those with pre-existing conditions on the front lines of the pandemic
The elderly and those with pre-existing conditions have now been drafted onto the front lines in order to restart economies as we face a balancing act of the costs of the shut-down versus the lives of the most vulnerable. The COVID-19 situation is now a moral ethics problem, in which we must decide between letting […]
Scientific, ethical, legal and practical issues of immunity passports must be addressed before they become a reality
The concept of an immunity passport is under scrutiny and it is crucial that the underlying scientific, ethical, legal and practical issues must be addressed before they become a reality, says GlobalData, a leading data and analytics company. Urte Jakimaviciute, MSc, senior director of market research, commented: “Even though immunity passports could help the world […]
COVID-19 may have long-term complications and increased long-term costs on the healthcare system
As many COVID-19 patients may experience long-term complications from the illness such as intensive care unit (ICU) delirium, post-traumatic stress disorder (PTSD), lung damage, heart damage and possible neurological issues, GlobalData expects the market for these treatments to increase due to the COVID-19 pandemic as recovered patients may need long-term care for these issues after being released […]
CCR4 antagonists are a promising combinatorial agent for the future
As novel immuno-oncology (IO) drugs become established in the market, a new trend of combinatorial treatments is arising. The race to develop combinatorial drugs is increasing with more companies including IO potentiating drugs in their pipelines and investigating these in combination with established IO drugs, says GlobalData, a leading data and analytics company. Miguel Ferreira, […]
Psoriasis digital landscape for patients in Japan offers competent patient engagement, says GlobalData
In Japan, the plaque psoriasis (PsO) treatment landscape is highly competitive with the availability of conventional topical therapies, as well as biologics including anti-TNF, anti-IL-17, anti-IL-23 inhibitors, and a small molecule PDE4 inhibitor. To differentiate within this crowded market, companies offering novel therapies are using branded and unbranded channels to enhance patient engagement throughout all […]
CVMD clinical trials disrupted by COVID-19 slow to resume and investigation of diabetes drugs intensifies, says GlobalData
The clinical trial landscape has had multiple disruptions due to the COVID-19 pandemic, including the cardiovascular and metabolic disorder (CVMD) space. Despite a few trials resuming, most remain suspended or postponed indefinitely. Within the past two months, there has also been a noticeable uptick in COVID-19-related trials that are focusing on diabetes drugs, according to […]
Novo Nordisk aims to cement its dominance in the obesity market, says GlobalData
Novo Nordisk’s recent announcement of positive topline data from its Phase IIIa study STEP 4, investigating the use of semaglutide to treat obesity, will enable them to remain a leader in the obesity space, according to GlobalData, a leading data and analytics company. In early May, Novo Nordisk announced positive topline data from its Phase […]