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Gisela Abbam has been re-appointed as chair of the General Pharmaceutical Council (GPhC) for another term, until 2029. As part of the process, the […] The post Gisela Abbam reappointed GPhC Chair until 2029 appeared first on The Pharmacist.
GlobalData forecasts that Caplyta could generate sales of $640 million in MDD by 2029 in the 7MM. Caplyta is currently under FDA review for major depressive disorder (MDD), with a decision anticipated in the first half of 2025.
In the first part of his Pharma Commerce video interview, Murray Aitken, executive director, IQVIA Institute for Human Data Science, describes the process behind developing the “Global Use of Medicines Outlook Through 2029” report.
One of the key therapy areas that will be affected is oncology, with major drugs including Merck’s Keytruda and Johnson & Johnson’s Darzalex/Faspro both losing US exclusivity by 2029. Both drugs were among the top-selling drugs in 2024, with Keytruda leading by generating over $29 billion.
Major drugs including Merck’s Keytruda and Johnson & Johnson’s Darzalex /Faspro will lose US exclusivity by 2029. Which blockbuster drugs could be impacted in the next pharmaceutical patent cliff?
GlobalData estimates upadacitinib to launch in the US in 2029 and is likely to have an impact on Leqselvis patient share, as the former shares similar mechanism of action as Leqselvi. This is due to the anticipated approval and launch of another JAK inhibitor that is currently in pipeline development: AbbVies upadacitinib.
billion before the end of the decade, by 2029. The $440 million centre will manufacture injectable sterile products, bringing the company’s total planned and ongoing investment in the country to over $1.1 The new high-tech facility will produce both existing and upcoming biosimilar medicines in Sandoz’s portfolio.
GlobalData projects 44 new TCI drug approvals by 2029, with 18 expected in 2027 alone. Tokali adds, CAR-T therapies are at the forefront of T-cell immunotherapy, but the entire space, including TCR-based therapies, is advancing rapidly.
billion annually in 2029 will enhance Britain’s leading position in research and innovation, according to the Department for Science, Innovation and Technology (DSIT) and government MPs. The review will specify how the government is planning to invest in Britain’s renewal, which helps to drive its Plan for Change.
If there is a quick agreement with an expectation for changes to be implemented around 2029, Olteanu says crucial investment decisions can be made while considering the Pharma Package as investment remains one of the key challenges holding Europe back from its dreams of global competitiveness.
Other drugs are set to face competition too, with both MSD’s Keytruda (pembrolizumab) and Johnson & Johnson’s (J&J) Darzalex/Faspro (daratumumab and hyaluronidase-fihj) losing US exclusivity by 2029, representing a particular headwind in oncology.
per cent from 2025 to 2029. The global Sugammadex market, valued at approximately 1.53 billion in 2023, is projected to grow at a CAGR of 8.5 per cent, reaching $ 2.89 billion by 2031. Overall, the pharmaceutical market in the ASEAN region is projected to grow at a CAGR of 4.83
The company had hoped to kick off Phase 3 research in 2026 and launch the medicine around 2029. Chief Executive Kevin Ali called the drug a “multibillion dollar opportunity” during the J.P. Morgan Healthcare Conference in January. Organon acquired the drug in its purchase of Forendo Pharma in 2021.
According to William Blair, forecast revenue rate from 2024 to 2029 growth rate for AbbVie trails only Eli Lilly and Sanofi, representing an “attractive opportunity” for long-term investors.
The facility will be complete and ready for media fill by late 2029, with plans to move Vetter’s existing clinical operations in Skokie. The planned 160,000ft² facility will focus on aseptic production and includes areas for material preparation and compounding. Further supporting buildings will have storage spaces, laboratories and offices.
A report by UNAIDS predicts that six million new HIV infections and four million AIDS-related deaths could occur between 2025 and 2029 if US-supported HIV treatment and prevention services collapse.
For example, the rheumatoid arthritis drug market across the eight major global markets is forecast to reach $29.1bn by 2029, according to analysis by GlobalData. Sanofi’s blockbuster autoimmune drug Dupixent (dupilumab) is one of the best-selling drugs in the world, representing the lucrative nature of the sector.
Earlier in the week, it was reported that there was a bipartisan agreement on a bill that would have funded the government and extended the first sunset date for the rare pediatric disease priority review voucher program for nearly 5 years, until September 30, 2029.
By June 30, 2029, hospitals must offer prices at or below the statewide hospital price average. Rather than offering traditional health plans, employers can contract directly with the hospitals, tying health benefits to the capped prices. Failure to comply could result in losing nonprofit status for at least one year.
Also on January 14, Celltrion is pitched to highlight three ADC drugs and three multispecific antibody drugs currently under development (with targeted commercial launch by 2029).
The regulation came into force in March 2025; however, it has not yet come into application, with this set to happen in March 2029. The European Commission (EC) faces a March 2027 deadline to adopt several key implementing acts, which will lay out detailed rules for putting the regulation into practice.
This bill would extend the designation deadline until September 30, 2029, a five-year extension (and would require yet another GAO report). It was shortly thereafter introduced in the Senate and referred to the Committee on Health Education, Labor, and Pensions, where it remains.
Find out more According to GlobalData’s Acute Lymphocytic Leukemia: Epidemiology Forecast to 2029 report, the number of diagnosed incident cases in the eight major markets (8MM: China, France, Germany, Italy, Japan, Spain, the UK and the US) is projected to increase from 25,636 in 2025 to 26,482 by 2029 at an annual growth rate of 1.16%.
The 27-acre campus is slated to be completed in 2029 and will replace the system’s current hospital in downtown Charleston. billion Northeast Houston Hospital by early 2029. based Kaiser Permanente broke ground on a $1 billion hospital campus in Sacramento, expected to open in 2029. Francis Healthcare broke ground on a $1.2
The UK’s National Health Service (NHS) is receiving a £29bn ($39.1bn) funding boost, reflecting a 3% annual rise on current levels over the next three years to reach £226bn ($305.7bn) by 2029.
A House committee on Wednesday passed a bill to renew a program aimed at aiding development of drugs for rare diseases in children , putting it in a better position to be added to government funding legislation. The pediatric rare disease priority review voucher program is set to end on Sept.
Later, Amgen reworked old patent applications and, by doing so, succeeded in extending patent protection for the medicine from 2019 until 2029, according to an analysis by the advocacy group. Continue to STAT+ to read the full story…
Tagrisso is projected to be a pivotal contributor to AstraZeneca’s portfolio, with anticipated sales surpassing $7 billion and a 48 per cent market share of small molecules in lung cancer treatment by 2029, according to GlobalData. It is anticipated to generate $361 million in sales for lung cancer treatment by 2029.
Future of the antibody-drug conjugate therapy market By 2029, the global market for ADC therapies in oncology is expected to be worth more than $36 billion, the research predicted. Pfizer to acquire Seagen for $43 billion The post ADC oncology therapy market to value over $36b by 2029 appeared first on European Pharmaceutical Review.
billion in 2029, forecasts GlobalData. bn in 2029: GlobalData appeared first on Express Pharma. The key opinion leaders (KOLs) interviewed by GlobalData identified the greatest unmet needs within the ALS space. per cent and therefore, the opportunity within the space will parallelly grow,” concludes Ali.
The company said that it expects to add 1,000 new jobs, and that construction will gradually be finalized between 2027 and 2029. Novo Nordisk said the new facility would expand over 56 acres and add 1.4 million square feet of production space, doubling the combined square footage of the other three facilities in North Carolina.
House committee passed a bill to renew a program aimed at aiding development of drugs for rare diseases in children, putting it in a better position to be added to government funding legislation , STAT reports. The pediatric rare disease priority review voucher program is set to end on Sept.
billion by 2029, reflecting a robust 55 per cent compound annual growth rate (CAGR). billion in sales in 2029. billion in sales in 2029. billion in sales in 2029. bn in 2029: GlobalData appeared first on Express Pharma. The psychedelic drug market is on the brink of extraordinary growth, projected to soar to $7.2
The commitment came as part of the Welsh Government’s Strategic Workforce Plan for Primary Care for 2024/25-2029/30, published last week. The plan also committed […] The post GP pharmacists in Wales to get structured induction programme appeared first on The Pharmacist.
SB5 is set to become a leading biosimilar for this debilitating, chronic condition, with a global sales forecast of $832 million by 2029, according to GlobalData. The post Humira biosimilar to see $832 million in sales by 2029: GlobalData appeared first on Express Pharma.
million by 2029, the approval of carboplatin aims to strengthen Venus Remedies’ position in the African oncology market. The authorisation of bortezomib aims to enhance the company’s ability to deliver advanced cancer solutions in Southeast Asia. In Morocco, where the oncology drug market is set to reach $150.8
GlobalData anticipates the drug to earn $483 million by 2029. billion by 2029. Following the news that AbbVie has agreed to buy biotech ImmunoGen , the maker of the FDA-approved ovarian cancer treatment Elahere, for $10.1 With the deal, AbbVie joins the other major pharma companies investing billions in ADC programs.
billion by 2029. “ billion in 2023, and GlobalData projects it to surpass $14 billion by 2029. The ADC contains an anti-TROP2 monoclonal antibody covalently linked to the topoisomerase I inhibitor cytotoxic payload. GlobalData estimates the drug to earn $3.12
million by 2029. percent between 2022 and 2029. A report from Data Bridge Market Research has predicted that the upstream bioprocessing market will value $14,256.78 Additionally, the research calculated that market is anticipated to undergo a CAGR of 6.85
million cases in 2029, equating to an annual growth rate of 6.46 million cases in 2029, equating to an annual growth rate of 2.71 According to GlobalData’s Pharmaceutical Intelligence Center, the diagnosed prevalent cases of NASH in India are projected to increase from 10.7 million cases in 2023 to 12.6 million cases in 2023 to 6.5
According to GlobalData estimates, the global CGT market is projected to reach $80 billion by 2029. Oncology is expected to continue its lead as the indication and area of major development for cell and gene therapies, accounting for 44 per cent of the CGT market by 2029.
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