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China poised to lead the way with world’s first oral insulin for type 2 diabetes: GlobalData

Express Pharma

Hefei Tianhui Biotechnology (HTIT) has recently submitted a marketing authorisation application (MAA) in China for the world’s first oral insulin for type 2 diabetes (T2D). The number of diagnosed prevalent cases of type 2 diabetes in China is estimated to grow at a CAGR of 2.21 million in 2028, as per GlobalData.

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Top 20 global biopharma companies report 9.6 per cent market cap growth in Q1 2024: GlobalData

Express Pharma

Lilly’s market capitalisation growth was driven by the strong sales of Mounjaro, its glucagon like peptide 1 (GLP-1) drug for treating type 2 diabetes. These advancements aim to mitigate the impact of the upcoming patent loss of exclusivity for GSK’s HIV blockbuster drug, Dolutegravir, starting in 2028. billion and $4.4

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Market cap downturn hits over half of top 20 biopharmaceutical companies in Q1 2023

Pharmaceutical Technology

increase in market capitalisation over Q1 2023, fuelled by its robust portfolio of diabetes and obesity treatments – in particular, its line of glucagon-like peptide 1 receptor agonist (GLP-1) Type 2 diabetes drugs Ozempic, Rybelsus and Victoza. Novo Nordisk reported an 18.2%

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Alimera Sciences buys US rights to EyePoint’s Yutiq

Pharmaceutical Technology

EyePoint Pharmaceuticals will also receive potential royalties on the combined net sales of Iluvien and Yutiq in the US from 2025 to 2028. The company made a $75m up-front cash payment to EyePoint Pharmaceuticals on the closure of the deal, and an additional $7.5m will be paid in equal quarterly instalments in 2024.

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Farxiga faces first heart failure rival as EU OKs Boehringer/Lilly’s Jardiance

pharmaphorum

Jardiance, Farxiga (dapagliflozin) and other SGLT2 drugs are already widely used to treat type 2 diabetes, and their developers have long had aspirations to expand their use into other cardiometabolic disorders, including heart failure and chronic kidney disease (CKD).

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NICE backs AZ’s Forxiga for heart failure

pharmaphorum

Forxiga (dapagliflozin) – originally developed as a type 2 diabetes drug – is the first SGLT2 inhibitor to be approved for the treatment of symptomatic chronic heart failure with reduced ejection fraction (HFrEF) in adults with and without diabetes. billion, assuming a launch for HFrEF in 2021.

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AZ gets European approvals for Forxiga in chronic kidney disease

pharmaphorum

The European Commission has cleared Forxiga (dapagliflozin) for CKD in adults with or without diabetes, and the drug becomes the first new drug treatment for these patients in more than two decades. GlobalData has said Farxiga will reach peak sales of $9 billion in 2028, with Jardiance forecast to reach $4.6

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