Kajal Davra’s Post

The Vizient 2024 Pharmacy Market Outlook is out now, providing insights into pharmaceutical price changes and GLP-1 agents like semaglutide and tirzepatide, which are now FDA-approved to reduce cardiovascular risks in certain adults. 

The global pharmaceutical market is 1475 billion USD in 2022 growing at a CAGR of 5% during the next six years. In comparison the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U. S. dollars in 2022. #GlobalPrecisionCancerDiagnostics #CancerCare #EarlyDetection #PersonalizedMedicine #AdvancedDiagnostics #HealthcareInnovation #OncologyResearch #PatientOutcomes #MedicalTechnology #CancerTreatment

#Celltrion secures major supply contracts with #UniHA and #Bretagne, strengthening market leadership in France #Celltrion #Pharmaceuticals #Biosimilars #Healthcare #Innovation #France #UniHA #Bretagne #Remsima #Herzuma #Vegzelma #Omviclone #CTP43 #RASLifeScienceSolutions #MarketIntelligence #MarketResearch #CompetitiveIntelligence #StrategySupport #PortfolioOptimization #MarketExpansion #PartnerIdentification

🚀 Exciting news from Celltrion! 🚀 Celltrion Inc has successfully secured bids to supply three key biopharmaceutical products #Remsima (infliximab), #Herzuma (trastuzumab), and #Vegzelma (bevacizumab) to UniHA, France's largest pharmaceutical procurement group. These biosimilars treat #autoimmunediseases, #breastandgastriccancer, #colorectalcancer, and #nonsmallcelllungcancer. #UniHA controls significant market shares: 30% infliximab, 27% bevacizumab, and 13% trastuzumab. As a result, Celltrion will be the exclusive supplier of these products until June 2027. Additionally, through the #Bretagneprocurementgroup, Celltrion will supply #Herzuma and #Vegzelma until June 2028. Celltrion’s strategy focused on strong relationships with key stakeholders, ESG achievements, and supply stability. The company's #RemsimaSC has also captured a 26% market share, contributing to a combined 76% share for the #Remsima line in France. Looking ahead, Celltrion plans to expand its participation in the French bidding market and strengthen its sales capabilities for newly approved products like #Omviclone (omalizumab) and #CT-P43 (ustekinumab). The company will aggressively participate in upcoming bids and strive for outstanding results to ensure more patients benefit from Celltrion's treatments. #Celltrion #Pharmaceuticals #Biosimilars #Healthcare #Innovation #France #UniHA #Bretagne #Remsima #Herzuma #Vegzelma #Omviclone #CTP43 #Infliximab #Trastuzumab #Bevacizumab #Omalizumab #Ustekinumab #RASLifeScienceSolutions #MarketIntelligence #MarketResearch #CompetitiveIntelligence #StrategySupport #PortfolioOptimization #MarketExpansion #PartnerIdentification For Detailed News: https://lnkd.in/d94c3p4T Follow our page for more industry updates: https://lnkd.in/de5zNWmK

The global pharmaceutical market is 1475 billion USD in 2022 growing at a CAGR of 5% during the next six years. In comparison the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U. S. dollars in 2022. #GlobalOncology #MolecularDiagnostics #CancerResearch #BreastCancer #ProstateCancer #ColorectalCancer #CervicalCancer #PCR #MultiplexPCR #InSituHybridization

UCB Secures FDA Approval for Second Myasthenia Gravis Drug Belgian biopharmaceutical company UCB has received FDA approval for Zilbrysq, a treatment for generalized myasthenia gravis (gMG). Zilbrysq is the company's second drug aimed at treating this rare autoimmune and neuromuscular disease. It is the first once-daily subcutaneously-administered complement C5 inhibitor and can be self-administered by patients, minimizing clinic visits. It will compete with AstraZeneca's Soliris and Ultomiris, which are administered via intravenous infusions. Some analysts are skeptical about Zilbrysq's daily administration schedule and believe that Ultomiris may gain an advantage. Market research estimates project sales of $376 million for Zilbrysq by 2026. Zilbrysq has also received a recommendation for approval in the EU and clearance for marketing in Japan. For more details please click the link! https://lnkd.in/dxTzHhBD #marketaccess #reimbursement #pricing #hta #heor #healtheconomics #medicaldevices #pharmaceutical

On Thursday, Biocon announced a patent settlement with Janssen Inc. for its Stelara biosimilar. With this deal, Biocon will be launching its Bmab 1200, a biosimilar referencing Stelara, in February 2025, subject to FDA approval. Biocon's BLA for Bmab 1200 has already been accepted by the FDA for review under the 351(k) pathway. With this agreement, Biocon joins a list of other biosimilar competitors including Amgen, Alvotech/Teva Pharmaceuticals, Samsung Bioepis/Sandoz, Celltrion Inc, Formycon AG/Fresenius Kabi, and Dong-A Pharmaceutical Co.,Ltd/Accord Healthcare, all of whom have launch dates for their respective biosimilar products slated for the first half of 2025. Stelara, introduced in 2009, has been Janssen Inc.'s top-selling drug since 2019, with sales reaching $7 billion in 2023 and is expected to contribute significantly to the company's projected $57 billion revenue by 2025. https://lnkd.in/ddQwnNpq

The global pharmaceutical market is 1475 billion USD in 2022 growing at a CAGR of 5% during the next six years. In comparison the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U. S. dollars in 2022. #PancreaticCancerDrugMarket #BileDuctCancerDrugMarket #CancerTreatment #PharmaceuticalIndustry #DrugDevelopment #VEGFR #PD1 #STAT3 #PancreaticCancer #Cholangiocarcinoma

Did you know? 80% of the top 10 Pharmaceutical companies are increasing their orphan drug portfolios over the next 3 years towards 35% on average for their respective drug portfolios? With Johnson and Johnson (39%), Vertex (98%), and Astrazeneca (36%) leading the way according to the Evaluate industry report. The ESN Cleer Team 🫀 
#capitalcell #cleerhealth #therapeuticscompany #heartfailure #developing #cardiovasculardisease #heartdisease #hearthealth #heartattacks #heart #stroke #blood #diagnosticstreatments
#personalisedmedicine #BiotechInvestment #PharmaPartnerships #OrphanDrug #CardiomyopathyResearch #HealthInnovation #BioTechDevelopment https://lnkd.in/gJbZjvZa

Congratulations to SFJ Pharmaceuticals, Inc. , sponsor of the bentracimab Biologics License Application (BLA), and SERB Pharmaceuticals! The companies announced that the US Food and Drug Administration has accepted the bentracimab BLA for filing and priority review with a target action date in Q1 of 2025. SERB Pharmaceuticals acquired exclusive US rights to bentracimab from SFJ and will commercialize bentracimab in the United States. Bentracimab is a human monoclonal antibody fragment being developed as a specific reversal agent for patients treated with ticagrelor (BRILINTA®) when reversal of antiplatelet effects of ticagrelor and its active metabolite is needed in patients requiring nondeferrable surgery/invasive procedure or in patients experiencing major bleeding. #mabs https://lnkd.in/ecUrFwYt