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Raman spectroscopy market expected to value $875m by 2028

European Pharmaceutical Review

million by 2028, with a CAGR of 7.3 percent from 2023 to 2028. Between 2023 to 2028, the research suggested that a greater focus on drug development, growing requirement for spectroscopy via cloud-based platforms, alongside the industry’s need for precise and effective analytical methods, will drive the market.

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US companies drive 2023 drug launches positioned for blockbuster success by 2028

Pharmaceutical Technology

According to GlobalData’s Looking Ahead to 2023 – the Future of Pharma report, five drugs set for approval in 2023 are projected to attain blockbuster status or near-blockbuster status by 2028 with US company dominance. These drugs are set to make a combined $4.34bn in sales in 2028.

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STAT+: Merck licenses Chinese cancer drug, searching for next Keytruda blockbuster

STAT

“At Merck, we continue to assemble a strong and diversified oncology pipeline spanning differentiated mechanisms and multiple modalities,” said Dean Li, the president of Merck Research Laboratories, in a statement.

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STAT+: Moderna touts research progress as it cuts R&D spending by $1.1 billion

STAT

The announcement was made ahead of a meeting being held by Moderna on Thursday to update investors on its research and development efforts. The company also said that it plans to break even by 2028, when it expects it will reach annual sales of $6 billion. Continue to STAT+ to read the full story…

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STAT+: Vertex Pharmaceuticals is considering relocating its headquarters

STAT

When Vertex Pharmaceuticals moved from Cambridge to Boston’s Seaport a decade ago, it signaled that what was then a sea of parking lots could be a booming business district, and galvanized a wave of new development. Now, Vertex may be on the move again. Continue to STAT+ to read the full story…

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Understanding Large Molecule Drug Development: From Biologics to Market

Syner-G

Cell Line Development Demand for biologics has impacted the cell line development (CLD) market, expected to reach $1.7 billion by 2028. The post Understanding Large Molecule Drug Development: From Biologics to Market appeared first on SYNER-G.

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OneSource pharma launches new brand identity at CPHI, Milan

Express Pharma

OneSource’s flagship site is one of the few facilities globally that can manufacture both biologics drug substances and drug products at the same location. The company is on track for significant growth, with projected revenue increases of 32% in 2025 and anticipated sales of $400 million by 2028.