Shanghai Pharma Leads China's Drug Market with $37 Billion Revenue

Shanghai Pharmaceuticals is the biggest drug importer in China and the second largest distributor of pharmaceuticals. Shanghai Pharmaceuticals generates $37 billion in total revenue and produces medications for cancer, diabetes, cardiovascular...

India's Pharma Industry to Hit $65B by 2024, Set to Double by 2030

India’s pharma industry is on an impressive growth trajectory, expected to reach $65 billion by 2024 and to double to $130 billion by 2030. CPHI & P-MEC India exemplifies this growth by connecting global and domestic stakeholders to showcase...

Aptar Empowers Indian Pharma with Inhalers, Nasal Sprays for Global Markets

Aptar is assisting Indian pharmaceutical firms in the launch of inhalers and nasal sprays for both local and export markets. Aptar is the top global supplier of inhalation devices, essential for administering medications used to manage respiratory...

Global Pharma Supplies $320.8 Billion in Clinical Research Medicines in 2023

In 2023, international pharmaceutical firms supplied clinical trial medications to local patients valued at approximately 320.8 billion. The overall quantity of clinical trials carried out that year was 1,723, reflecting a 7.7 percent rise...

AstraZeneca's US Investments Propel $80 Billion Revenue Goal by 2030

The US investments mark the initial phase of significant actions aimed at supporting AstraZeneca's goal of reaching $80 billion in overall revenue by 2030, as outlined in May of this year. An essential aspect of our approach is hastening the...

Price Drives Cardiac Growth in India's Top 10 Pharma Therapies

Among the leading 10 therapies that account for over 90% of the Indian pharmaceutical market, price was the key factor in the expansion of the cardiac sector. The anti-hypertensive medications, comprising nearly 50% of the cardiac sector, are...

India Ranks as Asia's 4th Largest Medical Devices Market, Eyes $50B by 2030

India is presently the fourth largest medical device market in Asia, boasting an industry valued at USD 14 billion and exports totaling USD 3.7 billion. The MedTech program is expected to assist local manufacturers in expanding the market value to...

Indian Pharma Market Grows 6.1% in October 2024

The Indian pharmaceutical market (IPM) experienced a 6.1 percent value increase in October 2024, with significant therapies demonstrating favorable value growth, as per a report from market research firm Pharmarack. Among these areas, the cardiac...

SystImmune's BL-M17D1 Bags FDA Nod for Phase 1 Trial in Metastatic Tumors

SystImmune, Inc (SystImmune), a biotechnology company in the clinical stage, declared that the US Food and Drug Administration (FDA) has approved its Investigational New Drug (IND) application for BL-M17D1, an antibody-drug conjugate (ADC)...

Moderna's mRNA RSV Vaccine Approved by Health Canada for Seniors

Moderna, Inc., a pioneer in mRNA medicine development, revealed that Health Canada has authorized mRESVIA (mRNA vaccine for Respiratory Syncytial Virus) for active immunization aimed at preventing lower respiratory tract infections caused by...

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