USFDA Clears Smith+Nephew's Stemless Shoulder Implant for AETOS System

Smith+Nephew, the worldwide medical technology firm, announces it has obtained 510(k) authorization from the United States Food & Drug Administration for a stemless anatomical total shoulder for the AETOS Shoulder System (AETOS Stemless). AETOS...

China to Lead Pharma Data Analytics Market with 25.9% Share by 2028

China is the biggest market for data and analytics in the pharmaceutical industry, accounting for about 20.2% of worldwide sales in 2022, rising to 25.9% by 2028. The global data and analytics market in pharmaceuticals is projected to grow at a...

PLI Scheme Boosts Drug Security and Domestic Production

The PLI scheme will enhance resilience against external shocks, strengthen drug security, and increase the ability to produce critical bulk drugs and higher-value products domestically. The three support schemes revealed by the government will...

USFDA Grants Tentative Approval for Lasix ONYU in Heart Failure Treatment

Gerresheimer, a creative systems and solutions provider and a worldwide partner for the pharmaceutical, biotech, and cosmetics sectors, has announced that the US Food and Drug Administration (FDA) has granted SQ Innovation Tentative Approval for...

Strategic Pricing Drives Indian Pharma Market to Rs 19,388 Crore Growth

The Indian Pharmaceutical Market experienced significant growth, reaching Rs 19,388 crore in November 2024. Strategic pricing played a crucial role in this increase, as several therapies saw price rises. Chronic therapy areas, especially cardiac...

Prokinetic Agents Drive Growth in Gastroparesis Drugs Market

The application of prokinetic agents for symptoms such as constipation, which is a result of reduced motility in the distal gastrointestinal tract, further boosts their demand and propels the growth of the gastroparesis drugs market throughout the...

US FDA Nods Ascendis Pharma's sBLA for TransCon hGH in Adult GHD

Ascendis Pharma A/S, a worldwide pharmaceutical firm utilizing its cutting-edge TransCon technology platform to develop a prominent and fully integrated biopharma business dedicated to significantly improving patients' lives, reported that the US...

Sun Pharma Leads with 8% Share in 2.28 Lakh Crore Pharma Market

Sun Pharma maintained its position at the forefront, holding an 8% share in the total pharmaceutical retail market worth Rs 2,28,059 crore. Cipla and Dr Reddy's likewise raised their shares from one month to the next. Throughout the month, both...

Chronic Ailments Fuel Indian Pharma Growth in November 2024

The Indian pharmaceutical market showed significant recovery, demonstrating solid growth in major therapeutic fields such as dermatology, respiratory therapies, cardiac treatment, and pain relief in November. As per IQVIA's most recent Market...

Diagnostics Market Expands as AI Revolutionizes Healthcare Solutions

The increasing use of AI technologies in the healthcare sector aids in diagnostics market growth. Additionally, the demand for quicker diagnosis procedures can positively influence the market. AI promotes advancements in radiology, pathology...

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