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

STAT

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%

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Innovent Biologics mazdutide can pave way for transformative T2D treatment: GlobalData

Express Pharma

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.”

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Innovating small molecule injectables: market forecast to 2033

European Pharmaceutical Review

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

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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.