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Type 1 diabetes market to reach $9.9 bn in 7MM by 2033

Express Pharma

The type 1 diabetes (T1D) market across the seven major markets (7MM*) is set to grow at a compound annual growth rate (CAGR) of 13.3 The type 1 diabetes (T1D) market across the seven major markets (7MM*) is set to grow at a compound annual growth rate (CAGR) of 13.3 per cent from $2.2 billion in 2023 to $9.9 per cent from $2.2

Diabetes 105
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STAT+: Wegovy is among drugs set to be targeted in the next round of Medicare price negotiations, researchers say

STAT

1, and the negotiated prices of those drugs take effect in 2027.  Wegovy contains the same active ingredient, semaglutide, as Ozempic and Rybelsus, which help manage blood sugar levels in people with type 2 diabetes. Now, all eyes are on which Part D drugs will be chosen for the next round of 15 drugs.

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JP Nadda inaugurates Jan Aushadhi Diwas celebrations

Express Pharma

Under PMBJP, the government has set a target to open 25000 JAKs by March 31, 2027 across the country. The target of opening 15000 JAKs by March 2025 has already been achieved by PMBI on January 31,2025.

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Lilly surges on positive phase 3 readout from diabetes contender

pharmaphorum

Eli Lilly’s decision to throw large amounts of research dollars at its next-generation diabetes drug tirzepatide could be vindicated, according to its first phase 3 trial readout. More than half (51.7%) of participants in the treatment arm achieved an A1C less than 5.7% – the level seen in people without diabetes.

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STAT+: Pharmalittle: We’re reading about Moderna R&D cuts, Lilly plant investments and more

STAT

billion, between 2024 and 2027 in a concession to investors who have viewed the company’s outlays following its pandemic-era windfall as profligate, STAT writes. So here are some items of interest. Have a great day, everyone. … Moderna plans to cut its annual spending on research and development by 23%, or $1.1

Packaging 137
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FDA sets August decision date for Provention’s type 1 diabetes drug

pharmaphorum

Shares in Provention Bio cratered last July when the FDA turned down its marketing application for type 1 diabetes therapy teplizumab. Provention is seeking approval of teplizumab as a treatment to delay clinical type 1 diabetes in at-risk individuals, hoping the drug can become the first disease-modifying therapy in these patients.

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Trial win sets up filings for Lilly’s diabetes blockbuster hope tirzepatide

pharmaphorum

Eli Lilly has scored five out of five with its phase 3 trials of type 2 diabetes candidate tirzepatide, setting up regulatory filings for a drug that the drugmaker thinks could be the lynchpin of its franchise in the coming years. . Treatment with Lilly’s drug also resulted in a 11.7