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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.
Innovent Biologics has unveiled Phase III (DREAMS-2) results for mazdutide, indicating superiority over dulaglutide in glycaemic control for type 2 diabetes (T2D) patients in China. per cent from 58.460,424 in 2023 to 63,342,654 in 2028. Dual agonism at GLP-1R and GCGR could potentially enhance efficacy beyond monotherapies.”
In a press release issued ahead of an investor meeting today, the company also said it plans to break even by 2028, when it expects it will reach annual sales of $6 billion. … Moderna plans to cut its annual spending on research and development by 23%, or $1.1 The stock was trading 3.5%
billion in 2028. million deaths from diabetes” worldwide. A report by the Business Research Company predicts that the small molecule injectable drugs market will value $355.14 As such, the compound annual growth rate (CAGR) is expected to be 12.8 percent up to this period. million deaths from cardiovascular diseases, 9.3
million in 2023 to 9 million in 2028. In the APAC region, several factors contribute to the increasing prevalence of neurological disorders, including ageing populations, lifestyle changes, and the rising incidence of risk factors such as hypertension and diabetes.” per cent from 7.45 These include Eisai Co.
Its diabetes treatment Mounjaro led this outcome. billion sales globally by 2029, this could offset Keytruda’s decline sales expected after its loss of exclusivity in 2028, GlobalData highlighted. billion to revenue in Q2 2023. billion in Q2 2023. With the company’s monoclonal antibody drug candidate PRA023 predicted to reach $2.1
Lilly’s strong market capitalisation growth over Q2 was attributed to its diabetes drug Mounjaro, a synthetic peptide that reported $980 million in global sales, according to GlobalData’s Pharmaceutical Intelligence Center Drugs Database. per cent increase in market capitalisation.” billion by 2029, according to GlobalData’s Drugs Database.
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%
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.
Eli Lilly and Boehringer Ingelheim have claimed FDA approval for their diabetes therapy Jardiance in heart failure with reduced ejection fraction (HFreF), setting up a market tussle with AstraZeneca’s Farxiga. Jardiance is also used to reduce cardiovascular complications in diabetic patients. billion in the first half of 2021.
Keytruda is due to lose patent protection in around 2028, and the threat of generic competition to it and other top sellers like type 2 diabetes therapy Januvia (sitagliptin) gives it one of the steeper patent cliffs among to-tier pharma groups.
The background of semaglutide Nearly 20 years ago the first glucagon-like peptide 1 (GLP-1), a class of Type 2 diabetes drug that improves blood sugar, was launched, creating what is today a market worth nearly $30B. This market was estimated to be worth over $80 billion, in addition to the $30 billion diabetes market.
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
HepaStem is projected to hit the US market in Q1 2027, while BioVie’s BIV201 is anticipated to be marketed in Q4 2028. As such, it is unsurprising that a stem cell therapy is being considered for the treatment of DC due to NASH. tumor formation, immune reactions, and therapy failure).
Boehringer and Eli Lilly have moved closer to a heart failure indication for their SGLT2 inhibitor Jardiance, as the FDA starts a fast-track review of the drug in its first use beyond diabetes. It says Farxiga will reach peak sales of $9 billion in 2028, with Jardiance forecast to reach $4.6
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.
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).
Due to their ability to effectively treat metabolic-related disorders, such as obesity and type 2 diabetes, the 11 approved GLP-1Rs generated sales of $37.2 Finally, Structure Therapeutics GSBR-1290 is in Phase II for obesity and type 2 diabetes. This drug is expected to launch in 2028 and ultimately generate sales of $1.2
The US FDA was granted the expanded conditional approval authority in the Animal Drug User Fee Act of 2018 with the program planned to sunset in 2028 The efficacy of molidustat oral suspension had been established based on the results of a study conducted in 2 phases in 23 cats aged 4-17yrs. from various breeds or breed mixes. in (SCORED).
Chronic conditions such as diabetes and cancer affect the region disproportionately, and the region will have to find its unique healthcare models to manage this disease burden. trillion by 2028. In terms of specific growth sub-sectors, HC services are the largest value pool in Asia, projected to grow between grow from $1.0-1.5
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