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Business & Industry

AI in Pharma Market Access and Commercialization: Transforming Pricing and Tender Strategies

The pharmaceutical industry is undergoing a profound transformation in how it approaches pricing decisions, market access negotiations, and tender participation through the strategic deployment of artificial intelligence technologies. AI in pharma market access represents a paradigm shift from traditional...

FDA Looking to Lower Drugs Cost for All Americans

The Food and Drug Administration is looking to speed the development when it comes to biosimilars and has announced new guidelines, which would no longer want the makers of copycat biologics to indulge in human trials, therefore showing that...

GSK Licences COPD Drug from Empirico for $85 Million Upfront

In just a space of 24 hours, GSK, in its second pipeline-expanding deal, has gone on to license the rights to a drug for chronic obstructive pulmonary disease โ€“ COPD from Empirico, the US biotech, for $85 million, and...

KLN Named Exclusive Distributor for Siemens Healthineers Point-of-Care Testing Solutions in Hong Kong

KLN Logistics Group Limited announced a strategic partnership between its healthcare subsidiary, KLN Medical Limited (โ€˜KLN Medicalโ€™), and global medical technology leader Siemens Healthineers AG (Stock Code SHL.DE). KLN Medical will serve as the exclusive distributor for Siemens Healthineersโ€™...

CDMO Market for AAV Therapies to Hit $2.566 Billion By 2033

With a focus on Adeno-Associated Virus (AAV), the worldwide market for Contract Development and Manufacturing Organizations (CDMMOs) that biomanufacture cell and gene therapies has shown spectacular development, estimated to reach $0.2313 billion in 2022. Based on projections, this market...

Pharmaceutical CMO Market is Set for a 7.29% CAGR by 2028

It is projected that the market for pharmaceutical contract manufacturing organizations (CMOs) would expand at a compound annual growth rate (CAGR) of 7.29 percent until the year 2028. This rise may be ascribed to the expanded pharmaceutical industry, which...

Global CDMO Market for Cell and Gene Therapy Expands Rapidly

During the period of time from 2023 to 2029, the global market for cell and gene therapy Contract Development and Manufacturing Organization (CDMO) services is projected to grow at a compound annual growth rate (CAGR) of 17.5%. In 2022,...

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