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Alzheimer’s drug Leqembi set to generate $12.9bn in sales by 2028

Pharmaceutical Technology

The breakthrough drug is predicted to be a blockbuster, generating total forecast sales of $12.9bn between 2023 and 2028. Leqembi is a monoclonal antibody that targets amyloid beta A4 protein and acts by selectively binding and eliminating amyloid beta plaques, thought to be clinically significant for the treatment of Alzheimer’s disease.

Sales 147
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Alzheimer’s drug Leqembi set to generate $12.9bn in sales by 2028

Pharmaceutical Technology

The breakthrough drug is predicted to be a blockbuster, generating total forecast sales of $12.9bn between 2023 and 2028. Leqembi is a monoclonal antibody that targets amyloid beta A4 protein and acts by selectively binding and eliminating amyloid beta plaques, thought to be clinically significant for the treatment of Alzheimer’s disease.

Sales 130
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Antibody Drug Conjugates Market Update: Ambrx and NovoCodex Collaborate

Roots Analysis

Ambrx and NovoCodex Biopharmaceuticals announced that they have formed a second collaboration to develop and commercialize Ambrx’s internally developed site-specific antibody drug conjugates. The antibody drug conjugates market is expected to grow at a CAGR of ~10% during the forecast period.

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GSK beats forecasts, thanks to COVID antibody and Shingrix sales

pharmaphorum

GlaxoSmithKline has made a promising start to 2022 with a 32% rise in group sales, albeit measured against a downbeat first-quarter result in 2021. Vir Biotechnology-partnered COVID-19 antibody Xevudy (sotrovimab) was the big contributor to the improved result, adding £1.3 billion with no sales recorded in the prior year.

Sales 90
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Market cap growth surges for over half of the top biopharmaceutical companies in 2022

Pharmaceutical Technology

The top 20 companies in the global biopharma industry saw 5.4%* aggregate market capitalization from $3.43 Pfizer maintained its third-place position in the market in 2022, reporting a market capitalization of $287.6 witnessed the biggest market capitalization growth of 45.3% trillion to $3.61 billion on Dec 31, 2022.

Marketing 195
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GSK will pull Blenrep from US market after failed trial

pharmaphorum

GSK confirmed this morning that the disappointing readout from the DREAMM-3 trial of multiple myeloma therapy Blenrep reported earlier this month means that it will take the drug off the US market. The post GSK will pull Blenrep from US market after failed trial appeared first on.

Marketing 105
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Immuno-oncology market set to grow in billions, but access concerns remain

Pharmaceutical Technology

The immuno-oncology market continues to evolve as treatments establish their presence across different types of cancer, having seen approvals in multiple indications in the past decade. These figures are only expected to grow in the coming years, with sales forecasted to reach over $150 billion by 2028.

Marketing 264