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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: 2248

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: 12609

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

NEWS #PharmaBuzz

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https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/india-mulls-floating-global-tenders-for-key-patented-drugs-amid-supply-gaps/articleshow/125509557.cms

ECONOMICTIMES
23 Nov 2025

https://www.reuters.com/business/healthcare-pharmaceuticals/lilly-becomes-first-drugmaker-join-trillion-dollar-club-weight-loss-demand-boom-2025-11-21/#:~:text=Nov%2021%20(Reuters)%20%2D%20Eli,as%20a%20weight%2Dloss%20powerhouse.

REUTERS
22 Nov 2025

https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/patent-expiry-looms-eli-lilly-and-novo-nordisk-strategise-to-defend-their-top-obesity-drugs-in-india/articleshow/125393382.cms

ECONOMICTIMES
18 Nov 2025

https://www.business-standard.com/companies/quarterly-results/mounjaro-crosses-rs-100-cr-sales-india-top-selling-drug-october-2025-125110701830_1.html

BUSINESS STD
07 Nov 2025

https://www.expresspharma.in/needles-pens-and-pressure-the-glp-1-challenge/

EXPRESSPHARMA
05 Nov 2025

https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/whats-powering-mounjaros-rise-to-the-top-of-indian-drug-market/articleshow/125064263.cms

ECONOMICTIMES
03 Nov 2025