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pharmaceutical industry struggles to improve access to medicine in low-income countries

Pharmaceutical companies are increasingly focusing on access to medicines in low-income countries, with Novartis leading the way by integrating access plans into 96% of its late-stage drug projects. However, many companies still prioritize the US market, resulting in limited availability of essential medicines globally. Roche aims to double patient treatment numbers in low-income regions by 2026, yet significant gaps in transparency and patient reach persist across the industry.

global hashimoto thyroiditis market projected to reach 12.6 billion by 2033

The global Hashimoto"s thyroiditis market is projected to grow from $8.3 billion in 2023 to $12.6 billion by 2033, with a CAGR of 4.26%. North America is expected to dominate the market, while Asia-Pacific will experience the fastest growth due to rising healthcare awareness and improved infrastructure. The tablet segment will hold the largest market share, driven by convenience and patient compliance.

ew immunosuppressive drug launched enhancing access for kidney transplant patients

A new generic immunosuppressive drug has been launched, enhancing access for kidney transplant patients. The global solid organ transplantation market is projected to grow, driven by innovations in transplantation methods, increased organ donation awareness, and tailored immunosuppressive treatments. North America is expected to dominate the market, while Asia-Pacific is poised for the fastest growth due to expanding healthcare infrastructure and rising public awareness.

Merck"s under-the-skin Keytruda shows promise in Phase 3 trial

Merck"s experimental under-the-skin injection of Keytruda demonstrated comparable characteristics to the intravenous version in a Phase 3 trial, prompting plans for discussions with regulators. With the IV formulation"s U.S. patent set to expire in 2028, Merck aims to sustain revenue from its leading cancer drug, which generated nearly $22 billion in sales in 2024. The subcutaneous version could offer greater convenience and is protected by new patents, but timely approval is crucial to fend off emerging biosimilar competition.

Cramer doubts RFK Jr. will disrupt drug and junk food industries

Jim Cramer expressed skepticism about the potential impact of Robert F. Kennedy Jr.'s nomination as head of the Department of Health and Human Services on the drug and junk food industries. Despite Kennedy's vaccine skepticism and opposition to processed foods, Cramer believes that government staff and lobbyists will resist significant changes, and that the industries are resilient. He cautioned investors against buying stocks in these sectors, particularly those related to vaccines, during a rate-cutting cycle.

Bristol-Myers Squibb focuses on diverse pharmaceutical treatments with strong US sales

Bristol-Myers Squibb Company focuses on developing, manufacturing, and marketing pharmaceutical products aimed at treating cancer, cardiovascular diseases, liver diseases, immune disorders, and psychiatric disorders. Notably, the United States represents 70.1% of the company's net sales. UBS maintains a neutral stance on the company.
17:03 12.11.2024

global healthcare services market poised for significant growth through 2028

The global healthcare services market is projected to grow from $8,348.44 billion in 2023 to $8,963.64 billion in 2024, driven by advancements in medical technology, an aging population, and health insurance expansion. By 2028, it is expected to reach $10,908.99 billion, with key trends including telemedicine integration and patient-centered care. Shared medical appointments are gaining traction as a cost-effective model for managing chronic conditions, enhancing patient outcomes through collaborative care.

teva reports strong generics demand raises 2024 revenue outlook

Teva Pharmaceuticals reported a 13% revenue increase in Q3, reaching $4.3 billion, driven by strong demand for its generics, particularly in the U.S. The company raised its full-year revenue guidance to $16.1-$16.5 billion, bolstered by successful products like Austedo and upcoming biosimilars, including Selarsdi and Simlandi. CEO Richard Francis emphasized a renewed focus on growth strategies to sustain this momentum.

global colorectal cancer therapeutics market projected to reach 19.90 billion by 2033

The colorectal cancer therapeutics market is projected to grow significantly, driven by increasing incidence rates, particularly in North America, where it holds the largest market share. Key developments include new product launches and strategic partnerships among major companies. The Asia-Pacific region is expected to experience the fastest growth due to rising awareness and screening initiatives.

nanotechnology revolutionizes cancer treatment with targeted drug delivery systems

Nanotechnology-based drug delivery systems are revolutionizing cancer treatment by enabling targeted drug delivery to tumors while minimizing harm to healthy tissues. The market is expected to grow rapidly, particularly in hospitals and clinics, driven by significant investments and advancements in North America and Asia-Pacific. Key players include major pharmaceutical companies, with ongoing innovations enhancing treatment efficacy and patient outcomes.
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