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DATA COMPILATION #PharmaFlow

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DMF filings rise 4.5% in Q3 2025; China holds lead, India records 20% growth in submissions
The third quarter (Q3) of 2025 witnessed a steady rise in Drug Master File (DMF) submissions to the US Food and Drug Administration (FDA). DMFs are used to provide confidential, detailed information about facilities, processes, or articles used in the manufacturing, processing, packaging, and storing of human drug productsA total of 323 Type II DMFs were submitted during this period, as opposed to 309 submissions in Q3 2024, marking an increase of 4.53 percent. This is the second highest number since 2018. In Q1 2025, 339 Type II filings were recorded.Across all DMF types (II, III, IV, and V), 479 DMFs were filed in Q3 2025, compared to 394 in Q3 2024, representing a 21.57 percent increase. Out of the 323 Type II DMFs submitted in Q3 2025, 40 had completed their review by the end of Q3, reflecting a processing lag between submission and review completion. View FDA DMF Filings in Q3 2025 (Power BI Dashboard, Free Excel Available)China maintains its lead while India posts double-digit growth in DMF submissions China and India continued to dominate DMF submissions in Q3 2025. China retained the top spot with 153 Type II DMFs, matching its submission count from Q3 2024. India recorded 131 DMFs, marking a 20.18 percent increase over 109 filings during the corresponding period last year.The United States stood a distant third with 17 filings, compared to 13 in Q3 2024. Among European nations, Italy recorded eight DMFs, doubling its 2024 tally. The Netherlands filed four, up from three. Spain submitted only one DMF, as against seven submitted in Q3 2024. Taiwan made three filings, up from one submitted in Q3 2024. Together, India, China and Taiwan accounted for about 88.9 percent of all Type II DMFs filed during the quarter. View FDA DMF Filings in Q3 2025 (Power BI Dashboard, Free Excel Available) China’s Suzhou Ryway Biotech tops corporate tally; India’s Hetero, Biophore followChina’s Suzhou Ryway Biotech led the company-wise tally with 12 DMF submissions in Q3 2025. The company had not filed any DMFs in Q3 2024.India’s Hetero Group followed with nine DMFs, maintaining the same number of filings as Q3 2024. Biophore India Pharmaceuticals ranked third with six DMFs, doubling its count from three last year.Other notable contributors include Sai Sreyas Pharmaceuticals (India) and Shanghai Haoyuan Chemexpress (China), with five DMFs each. Companies such as SNJ Group, Lunan Pharmaceutical, Allsino Pharmaceutical, Shankus Pharma, Jiangxi Xinganjiang Pharmaceutical, Sunpure Extracts, Lee Pharma, Umedica Laboratories, Linhai Tianyu Pharmaceutical and Maithri Drugs filed four DMFs each. View FDA DMF Filings in Q3 2025 (Power BI Dashboard, Free Excel Available) Olaparib, semaglutide lead molecular filings; Dr. Reddy’s files DMF for edoxaban & tucatinibDr. Reddy’s Laboratories also featured among key DMF filers in Q3 2025, submitting two DMFs — for edoxaban tosylate monohydrate and tucatinib copovidone. Edoxaban tosylate monohydrate (marketed as Savaysa by Daiichi Sankyo) is a prescription anticoagulant used to reduce the risk of stroke and to treat deep vein thrombosis and pulmonary embolism. Patent exclusivity for Savaysa extends until October 2026 in the United States, with no generic currently available.In terms of molecules, the highest number of DMFs were filed for olaparib, semaglutide, ruxolitinib phosphate, ferric carboxymaltose, and vismodegib, with three DMFs each in Q3 2025.Olaparib, sold by AstraZeneca under the brand name Lynparza, saw DMFs being filed by BDR Lifesciences and Intas Pharmaceuticals from India, and by ScinoPharm Taiwan during the quarter.Semaglutide, a glucagon-like peptide-1 (GLP-1) receptor agonist developed by Novo Nordisk, continued to draw strong interest from API manufacturers. DMFs for semaglutide were filed by three Chinese companies: Yangzhou Aurisco Pharmaceutical, Zhejiang Peptites Biotech, and Fujian Genohope Biotech.Ruxolitinib phosphate, marketed by Incyte as Jakafi, saw three DMFs. Three Indian companies — Alembic Pharmaceuticals, Valary Labs, and Devi Pharmatech — filed DMFs for this API in Q3 2025. Other molecules that received multiple DMF submissions include ferric carboxymaltose (used to treat iron-deficiency anemia) and vismodegib (an oral therapy for basal-cell carcinoma). View FDA DMF Filings in Q3 2025 (Power BI Dashboard, Free Excel Available) First-time DMF filings span 17 companies; India leads with nine first-time DMFs The quarter saw first-time DMF filings from 17 companies. India took a lead here with nine first-time DMF filings, followed by China (six), and the US (two).The DMF filings in this quarter included inclisiran sodium (filed by Aurisco Pharmaceutical of China), pacritinib citrate (by TAPI Nl B.V. of the Netherlands), and vosoritide (by Apicore LLC of the US).Out of the 19 first-time DMFs filed in Q3 2025, four completed their Generic Drug User Fee Amendments (GDUFA) review process during the quarter. View FDA DMF Filings in Q3 2025 (Power BI Dashboard, Free Excel Available) GDUFA fee for FY 2026: The FDA Generic Drug User Fee Amendments (GDUFA) is a law designed to speed access to safe and effective generic drugs to the public and reduce costs to the industry.Fee rates for fiscal year 2026 were published on July 30, 2025. FDA has revised fees under GDUFA III across all categories. While there is a slight increase in the DMF fee from US$ 95,084 in 2025 to US$ 102,584 in 2026, the ANDA fee has seen a sharp rise: from US$ 321,920 in 2025 to US$ 358,247 in 2026.FY 2025 and FY 2026 User Fee Rates Generic drug fee category Fees rates for FY 2025 Fees rates for FY 2026 Applications:     Abbreviated New Drug Application (ANDA) US$ 3,21,920 US$ 3,58,247 Drug Master File (DMF) US$ 95,084 US$ 1,02,584 Facilities:     Active Pharmaceutical Ingredient (API)—Domestic US$ 41,580 US$ 43,549 API—Foreign US$ 56,580 US$ 58,549 Finished Dosage Form (FDF)—Domestic US$ 2,31,952 US$ 2,38,943 FDF—Foreign US$ 2,46,952 US$ 2,53,943 Contract Manufacturing Organization (CMO)—Domestic US$ 55,668 US$ 57,346 CMO—Foreign US$ 70,668 US$ 72,346 GDUFA Program:     Large size operation generic drug applicant US$ 18,91,664 US$ 19,18,377 Medium size operation generic drug applicant US$ 7,56,666 US$ 7,67,351 Small business generic drug applicant US$ 1,89,166 US$ 1,91,838 Our viewFor several years prior to the pandemic, India had a lead in Type II DMF submissions. In recent years, China has surpassed India in DMF filings. But Q3 2025 numbers indicate that Indian drugmakers are fast catching up. Since DMFs establish trust in APIs from across the world, we feel this healthy competition between drugmakers from the two countries is good for the global pharmaceutical industry. 

Impressions: 4826

https://www.pharmacompass.com/radio-compass-blog/dmf-filings-rise-4-5-in-q3-2025-china-holds-lead-india-records-20-growth-in-submissions

#PharmaFlow by PHARMACOMPASS
13 Nov 2025

STOCK RECAP #PipelineProspector

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Pipeline Prospector 2024 highlights: Rise in new breed of biotechs with maiden approvals; GLP-1 meds show promise beyond obesity
December proved to be one of the most bearish months of 2024 for the biopharma sector. The Nasdaq Biotechnology Index (NBI) sank 7.2 percent from 4,638.6 to 4,310.6. The SPDR S&P Biotech ETF (XBI) plummeted 9.6 percent (from 99.29 to 90.06) and the S&P Biotechnology Select Industry Index (SPSIBI) plunged 9.5 percent (from 7,763.7 to 7,023). This downturn in indices at the fag-end of 2024 effectively erased the gains they had made during the year. NBI was lower by 0.68 percent at the end of 2024, as opposed to 2023. XBI and SPSIBI posted modest gains of 1.84 percent and approximately 1 percent, respectively. The sector’s tepid performance stands in stark contrast to the broader market, which closed 2024 at near-record highs.  Access the Pipeline Prospector Dashboard for December 2024 Newsmakers (Free Excel) GLP-1 drugs show promise beyond obesity, diabetes; Novo Holdings completes US$ 16.5 bn Catalent buyout Glucagon-like peptide-1 (GLP-1) agonists created much news in 2024, for not just their demand and concomitant shortages, but also for their health benefits beyond weight-loss and diabetes.  December saw Lilly’s Zepbound break new ground as the first FDA-approved treatment for obstructive sleep apnea (OSA) in adults with obesity. OSA affects around 1 billion people globally. In March 2023, Novo’s Wegovy became the first obesity drug cleared by the FDA to lower the risk of cardiovascular death, heart attack, and stroke. In the same month, Novo’s blockbuster Ozempic also slashed the risk of kidney disease progression in a late-stage trial. The biggest investments in December came from Novo Nordisk and Eli Lilly — the two early entrants into the potential US$ 150 billion obesity market. Throughout 2024, the two companies kept injecting billions to boost production in order to meet the burgeoning demand. Just last month, Lilly invested US$ 3 billion to expand its recently acquired injectables plant in Wisconsin, US, to meet the soaring demand for GLP-1 drugs. And Novo invested US$ 1.2 billion to establish a new rare disease drugs plant in Odense, Denmark. After much ado, Novo Holdings completed its US$ 16.5 billion acquisition of Catalent in December, having won the greenlight from both the US Federal Trade Commission and European Commission. This was the biggest pharma deal of 2024 (announced in February). Interestingly, Lilly turned out to be the best performing pharma stock of the year (its market cap increased by a whopping US$ 163 billion in 2024) while Novo’s stock ended the year 17 percent lower than 2023. It crashed 21 percent in December after disappointing results from a late stage trial of its eagerly awaited experimental next-generation obesity drug CagriSema.  Access the Pipeline Prospector Dashboard for December 2024 Newsmakers (Free Excel)  Rise of ‘buyout-hesitant’ biotechs that bagged maiden approvals; Novartis snaps up PTC’s Huntington’s disease program Novartis has been investing in early-stage science. The Swiss drugmaker inked over 20 deals in 2024, paying over US$ 5.5 billion upfront and promising over US$ 25 billion in biobucks. In December, Novartis snapped up PTC’s Huntington’s disease program in a US$ 2.9 billion deal, including US$ 1 billion upfront. Barring the Novo-Catalent buyout, all other deals in the biopharma space last year were in the sub-US$ 5 billion range. The other major deals were Vertex’s US$ 4.9 billion acquisition of Alpine Immune, Gilead’s US$ 4.3 billion buyout of CymaBay and Lilly’s US$ 3.2 billion acquisition of Morphic Holding. The most striking trend was the emergence of a new breed of ‘buyout hesitant' biotech firms that preferred to commercialize their products independently instead of seeking Big Pharma partnerships. This shift in strategy proved successful for many, as numerous companies completed the transition from clinical-stage to commercial-stage operations. December saw several such notable commercial debuts. Ionis Pharmaceuticals secured approval of Tryngolza, the first-ever treatment for familial chylomicronemia syndrome (FCS), a rare genetic disorder. Mesoblast’s cell therapy Ryoncil gained US approval for treating post-transplant complications (graft-versus-host disease), offering a novel approach to managing immune-related adverse events. Mesoblast’s stock grew 950 percent in 2024. Similarly, Checkpoint Therapeutics (stock up 50 percent in 2024) secured FDA approval for Unloxcyt, targeting cutaneous squamous cell carcinoma in patients with locally advanced or metastatic disease where surgery and radiation are not viable options. Merus’ Bizengri brought new options to patients with hard-to-treat cancers, adding to the growing arsenal of precision oncology treatments. Merus’ stock ballooned 48 percent last year. Though the trend caught momentum in December, even the preceding months of 2024 saw significant debuts. For instance, in March, Madrigal’s Rezdiffra became the first drug approved in the US for the common fatty liver disease known as metabolic dysfunction-associated steatohepatitis (MASH). Madrigal’s stock grew 35 percent last year. Similarly, Verona brought to market Ohtuvayre (approved in June), the first new mechanism of action in over two decades for the treatment of chronic obstructive pulmonary disease. Verona’s stock soared 147 percent in 2024. And in May, PTC’s Kebilidi, a treatment for enzyme deficiency disorder, became the first FDA-approved gene therapy directly administered to the brain. PTC’s stock rose 68 percent in 2024.  Access the Pipeline Prospector Dashboard for December 2024 Newsmakers (Free Excel)  Drug approvals gain momentum in December; Vertex, Neurocrine, Astra score wins The year 2024 saw some landmark drug approvals. And as the year drew to a close, FDA began approving drugs at a feverish pace. Novo won approval for Alhemo, a once-daily subcutaneous injection that significantly reduces bleeding episodes in hemophilia patients, marking a shift from more burdensome treatment regimens.  Vertex Pharmaceuticals expanded treatment options for cystic fibrosis patients with its triple combination therapy that targets specific genetic variants of the disease. Dermatology saw two advancements with the approvals of Organon’s Vtama cream and Galderma’s Nemluvio injection, both targeting atopic dermatitis through distinct mechanisms. FDA also approved Neurocrine Biosciences’ Crenessity — the first new treatment in 70 years for classic congenital adrenal hyperplasia, a rare hormonal disorder. The oncology landscape saw Bristol Myers-Squibb enhance patient convenience with Opdivo Qvantig, an injectable formulation of its blockbuster cancer drug. And FDA expanded the approval of AstraZeneca’s Imfinzi to treat adults with limited-stage small cell lung cancer.  Access the Pipeline Prospector Dashboard for December 2024 Newsmakers (Free Excel)  Our view The industry dynamics witnessed a marked shift in 2024. The absence of mega-mergers, coupled with Novartis’ approach to buy smaller companies, suggests a more measured approach to deal-making. The emergence of companies like Madrigal, Verona, and Ionis signals a maturing biotech sector, less dependent on Big Pharma partnerships. Looking ahead, this evolution could herald a more diverse and resilient industry landscape. Access the Pipeline Prospector Dashboard for December 2024 Newsmakers (Free Excel) 

Impressions: 14623

https://www.pharmacompass.com/pipeline-prospector-blog/pipeline-prospector-2024-highlights-rise-in-new-breed-of-biotechs-with-maiden-approvals-glp-1-meds-show-promise-beyond-obesity

#PharmaFlow by PHARMACOMPASS
09 Jan 2025

WEEKLY NEWS RECAP #Phispers

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FDA refuses to review Moderna’s mRNA-based flu vaccine application; Lilly buys Orna for up to US$ 2.4 billion
The US Food and Drug Administration (FDA) has said it will not review Moderna’s application for its experimental influenza vaccine — mRNA-1010 — as its control arm did not “reflect the best-available standard of care” in the US.In deals, Eli Lilly has agreed to acquire Orna Therapeutics for up to US$ 2.4 billion in order to expand into cell therapy portfolio. Lilly also entered into a strategic collaboration with Chinese drugmaker Innovent Biologics to advance novel medicines in oncology and immunology. And Madrigal Pharmaceuticals has expanded its pipeline for liver diseases through an exclusive global license agreement with Suzhou Ribo Life Science and its subsidiary Ribocure Pharmaceuticals.Drugmakers are also inking artificial intelligence (AI) deals to speed up drug discovery. Japanese drugmaker Takeda Pharmaceutical has entered into a multi-year partnership worth over US$ 1.7 billion with Iambic and Bristol Myers Squibb (BMS) has signed an agreement with Evinova.After winning dozens of approvals, Merck’s blockbuster cancer drug Keytruda (pembrolizumab) has won its first FDA approval to treat ovarian cancer. The agency rejected Regenxbio’s experimental therapy for Hunter disease (RGX-121).In clinical trials, Bayer’s experimental blood thinner — asundexian — reduced the risk of recurrent stroke by 26 percent. And Novo Nordisk sued Hims and Hers Health over infringement of patent of its weight loss drug Wegovy.FDA refuses to review Moderna’s application for its mRNA-based influenza vaccineFDA has said it will not review Moderna’s application for the approval of its experimental influenza vaccine — mRNA-1010. In its refusal-to-file (RTF) letter, FDA has said the Center for Biologics Evaluation and Research (CBER) does not consider the application to contain an “adequate and well-controlled” trial. This is because “your control arm does not reflect the best-available standard of care in the United States at the time of the study,” it said.Moderna’s CEO Stephane Bancel has said the letter “did not identify any safety or efficacy concerns”. Last year, Moderna had said mRNA-1010 vaccine was 26.6 percent more effective than an approved annual flu shot from GSK in a late-stage trial.Lilly buys Orna, strikes immunology deal with Innovent worth up to US$ 8.8 bnEli Lilly has announced the acquisition of Orna Therapeutics for up to US$ 2.4 billion in cash. This buyout will give Lilly access to a new class of therapeutics (known as circular RNA) that allows patients’ own cells to generate therapies (to treat underlying diseases) inside the body, without the need to extract them.Its lead drug candidate, ORN-252, is a chimeric antigen receptor T-cell (CAR-T) therapy. Lilly plans to explore CAR-Ts for autoimmune disorders.Lilly has also entered into a strategic collaboration with Chinese drugmaker Innovent Biologics  to advance novel medicines in oncology and immunology. This is the seventh collaboration between the two companies. Under the deal, Lilly will pay US$ 350 million upfront and as much as US$ 8.5 billion more to Innovent if certain milestones are met. Additionally, Innovent will be eligible for tiered royalties on net sales of each product outside of Greater China.AI deals: Takeda inks deal with Iambic; BMS ties up with EvinovaTakeda and BMS are the latest drugmakers to turn to AI technologies to speed up drug discovery and cut costs. Takeda Pharmaceutical has entered into a multi-year partnership that could be worth over US$ 1.7 billion with San Diego-headquartered Iambic to use AI for designing small-molecule drugs targeting cancer and gastrointestinal diseases. The partnership will utilize Iambic’s broad suite of AI drug discovery technologies and wet lab capabilities.BMS-Evinova deal: BMS has signed an agreement with Evinova to optimize clinical trials using Evinova’s AI-native clinical development platform. Under the terms of the agreement, BMS will deploy the “cost optimizer” module of Evinova’s study designer solution across the company’s global portfolio. Evinova was launched by AstraZeneca in 2023 to advance digital health solutions.FDA rejects Regenxbio’s gene therapy for Hunter syndrome over trial designAfter putting Regenxbio’s experimental therapy for Hunter syndrome on clinical hold, FDA has declined to approve RGX-121 (clemidsogene lanparvovec). Hunter syndrome is an ultra-rare genetic disorder. In its complete response letter, FDA has said Regenxbio’s biologics license application for RGX-121 was turned down due to uncertainty regarding the trial design.Keytruda approved to treat ovarian cancer: Blockbuster cancer drug Keytruda (pembrolizumab) has been approved to treat ovarian cancer. According to the FDA, Merck’s Keytruda and Keytruda Qlex (pembrolizumab and berahyaluronidase alfa-pmph) in combination with paclitaxel, with or without bevacizumab, have been approved for treating adult patients with platinum-resistant epithelial ovarian, fallopian tube, or primary peritoneal carcinoma whose tumors express PD-L1 as determined by an FDA-authorized test, and who have received one or two prior systemic treatment regimens. This is Keytruda’s first FDA approval for ovarian cancerMadrigal inks pact with Suzhou Ribo to expand its MASH pipelineAfter bagging an FDA approval in 2024 for Rezdiffra (resmetirom) — the first approved drug to treat metabolic dysfunction–associated steatohepatitis (MASH) — Madrigal Pharmaceuticals has now expanded its MASH pipeline. It has entered into an exclusive global license agreement with Suzhou Ribo Life Science and its subsidiary Ribocure Pharmaceuticals for six preclinical small interfering RNA (siRNA) programs (a precision approach to gene silencing in MASH).  Madrigal said it will pay US$ 60 million upfront to Suzhou Ribo Life Science for access to the six siRNA candidates, and another US$ 4.4 billion in milestone payments.Bayer’s experimental blood thinner reduces risk of stroke by 26%In a phase 3 trial, Bayer’s experimental blood thinner — asundexian — reduced the risk of recurrence of stroke by 26 percent. The study compared a combination of standard anti-platelet therapy and Bayer's asundexian with anti-platelet therapy alone in patients who had suffered a stroke or had a blocked blood vessels in the brain. The study involved 12,327 patients.Novo sues Hims & Hers over patent infringement; plans to launch Wegovy in vialsNovo Nordisk has sued Hims and Hers Health over patent infringement after the latter, an American telehealth firm, launched, then cancelled, a US$ 49 copy of its weight-loss drug Wegovy (semaglutide). Novo is also seeking to recover damages from Hims and Hers.Meanwhile, Novo has said it plans to launch Wegovy in vials. Its competitor Eli Lilly has been selling two lowest doses of its obesity drug Zepbound (tirzepatide) in vials since 2024. 

Impressions: 1849

https://www.pharmacompass.com/radio-compass-phisper/fda-refuses-to-review-moderna-s-mrna-based-flu-vaccine-application-lilly-buys-orna-for-up-to-us-2-4-billion

#Phispers by PHARMACOMPASS
12 Feb 2026

NEWS #PharmaBuzz

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https://www.prnewswire.com/news-releases/metavia-presents-new-late-breaking-obesity-and-metabolic-data-at-the-ada-2026-scientific-sessions-supporting-da-1726-differentiation-and-vanoglipel-combination-potential-302793358.html

PR NEWSWIRE
08 Jun 2026

https://www.gov.uk/government/news/resmetirom-rezdiffra-authorised-to-treat-metabolic-dysfunction-associated-steatohepatitis-mash-in-adults

GOV.UK
03 Jun 2026

https://firstwordpharma.com/story/7499234

FIRSTWORD PHARMA
30 May 2026

https://www.globenewswire.com/news-release/2026/05/27/3301883/0/en/madrigal-presents-data-demonstrating-rezdiffra-reduced-markers-of-cardiovascular-and-liver-related-risk-in-patients-with-mash.html

GLOBENEWSWIRE
27 May 2026

https://www.globenewswire.com/news-release/2026/05/27/3301763/0/en/sagimet-biosciences-presents-two-posters-at-easl-2026-on-denifanstat-resmetirom-combination-in-mash.html

GLOBENEWSWIRE
27 May 2026

https://www.globenewswire.com/news-release/2026/05/20/3298428/0/en/madrigal-to-present-new-data-from-the-company-s-mash-program-at-easl-2026-demonstrating-the-effects-of-rezdiffra-on-markers-of-cardiovascular-and-portal-hypertension-risk.html

GLOBENEWSWIRE
20 May 2026