Evaluate Group’s EP Vantage pharma and biotech preview of 2018 predicts that the uptick in the pharmaceutical and biotech sectors that occurred in 2017 is likely to continue into 2018.
Evaluate's EP Vantage pharma and biotech preview of what’s in store for the industry in 2018 predicts that the uptick in the pharmaceutical and biotech sectors that occurred in 2017 is likely to continue into 2018, with more new medications expected to hit the market and with investors’ support for biopharma remaining strong. In addition, global demographic trends signal a rising demand for healthcare and medications. EP Vantage is the editorial arm of Evaluate Ltd, which provides commercial intelligence forecasts within the global life science industry.
New medicines are reaching the market more quickly than ever before, the report notes, with large and small drug developers successfully launching “transformative” products in a number of therapy areas over the last few years. The report cites the current business-friendly environment at the FDA as supporting the industry and being unlikely to change in the next year. FDA Commissioner Scott Gottlieb, MD, has been widely embraced by industry and investors. The FDA is on track to approve 43 novel drugs before the close of 2017, those drugs are forecast to generate a combined $32 billion in US sales in 5 years, and the FDA is now perceived as allowing greater leniency in its approval process (though the FDA strenuously denies that it has lowered hurdles for approval). The report cites Amicus’s Fabry disease treatment migalastat (Galafold) as an example of a “friendlier” FDA.
The report highlights the following key points:
What Stands in the Way of Biosimilar Use Across MENA Countries?
May 21st 2025Despite the clear promise of cost savings and expanded access, the path to integrating generics and biosimilars across the Middle East and North Africa (MENA) region is tangled in a web of distrust, inconsistent policies, and deep-rooted cultural preferences for branded drugs.
Escaping the Void: All Things Biosimilars With Craig & G
May 4th 2025To close out the Festival of Biologics, Craig Burton and Giuseppe Randazzo from the Association for Accessible Medicines and the Biosimilars Council tackle the current biosimilar landscape and how the industry can emerge from the "biosimilar void."
The Trump Administration’s Drug Price Actions and Why US Prices Are Already Sky-High
May 17th 2025While the Trump administration’s latest executive order touts sweeping drug price cuts through international benchmarking, the broader pharmaceutical pricing crisis in the US reveals a far more complex web of development costs, profit incentives, and absent price controls—raising the question of whether any single policy, including potential drug tariffs, can truly untangle it.
How AI Can Help Address Cost-Related Nonadherence to Biologic, Biosimilar Treatment
March 9th 2025Despite saving billions, biosimilars still account for only a small share of the biologics market—what's standing in the way of broader adoption and how can artificial intelligence (AI) help change that?
Switching From Avastin to Bevacizumab-bvzr in CRC, NSCLC Can Reduce Medicare Costs
May 10th 2025Monthly savings from fully converting Medicare patients with metastatic colorectal cancer (CRC) and non-squamous metastatic non-small cell lung cancer (NSCLC) from reference bevacizumab to bevacizumab-bvzr could fund 13,887 and 8,959 additional patient-months of treatment, respectively, according to a cost-effectiveness study.