Friday, 14 March 2014

Small research focused companies to be the backbone of improved drugs

Need for innovative therapies for challenging diseases continues to grow and this is accelerating the pace of drug development. Innovation and improved drugs therapies through new technology platforms are expected to flow from the backyards of small research focused companies in coming years.

In 2012 sarepta therapeutics Inc made a 554% return on their investments in biotech research. The reliability of small research firms for future innovation within the sector and optimism is expected to penetrate further into companies with new technology platforms.

Small pharma and biotech companies will be the future of innovation and research producing improved drugs on low budgets. There is still a need for further innovation within the sector. Market Intelligence is critical in providing valuable insight into current market situation, in-depth company analysis and identifying market opportunities.

For more details on the trend in drug approvals, upcoming milestones and M&A in coming years please see: Global Pharmaceutical and Biotechnology Outlook 2013: Rising Stars.

About The Industry Report Store:

The Industry Report Store is one of the world’s most comprehensive libraries of market intelligence, with the perfect report for every business need at every budget. Business information is paramount for companies seeking to stay ahead amid challenging economic conditions and intense competition. Contact us today to take advantage of our premium intelligence insights and keep up with your industry competitors.

Kundan Sharma
Marketing

T: +44(0)20 3220 0810

M: kundan.sharma@industryreportstore.com

Headquarters: John Carpenter House, John Carpenter Street | London, EC4Y 0AN, United Kingdom

Why not take a moment to browse our new site www.industryreportstore.com. We cover over 50 industries, 130 countries and include over 30,000 company profiles.

Facebook | LinkedIn | Twitter

Biotech Sector hits new heights

A biosimilar version of a monoclonal antibody (mab) drug named inflectra has been approved for the first time in the EU. Hospira’s inflectra drug is a biosimilar medicine to the reference medicinal product remicade. The detailed scientific review and approval process by the european medicines agency and european commission confirms that inflectra has demonstrated similar quality, efficiency and safety to Remicade. The drug has been approved for the treatment of inflammatory conditions including rheumatoid arthritis, ankylosing spondylitis, Crohn's disease, ulcerative colitis, psoriatic arthritis (psa) and psoriasis.
These drugs are responsible for some of the highest medicinal costs for many countries.The introduction of biosimilar mabs in europe is expected to deliver savings of up to €20.4 billion by 2020, with the biggest savings predicted in France, Germany and the UK. Inflectra offers physicians, patients and healthcare systems a more affordable treatment option as well as maintaining similar quality and safety to its reference product - remicade.

Approval was given to hospira’s inflectra by the EC subsequent to the safety, efficiency and tolerability of the data collected from a comprehensive clinical trial programme. In the study, 73.4% of patients receiving Inflectra achieved a greater than or equal to 20% improvement in RA symptoms after 30 weeks of treatment (measured using the ACR20 scoring system), compared with 69.7% treated with remicade.

New product launches within the biotech sector indicates that competition has become increasingly intense. To find out more about this thriving sector please see: Global Pharmaceutical and Biotechnology Outlook 2014: Mature Biotech.

About The Industry Report Store:

Kundan Sharma
Marketing

T: +44(0)20 3220 0810

M: kundan.sharma@industryreportstore.com

Headquarters: John Carpenter House, John Carpenter Street | London, EC4Y 0AN, United Kingdom

Why not take a moment to browse our new site www.industryreportstore.com. We cover over 50 industries, 130 countries and include over 30,000 company profiles.

Facebook | LinkedIn | Twitter

The Ever Rising Cost of a Pint of Beer

Chancellor Exchequer and last year’s “Beer Drinker of the Year” - George Osborne faces pressure to “stand by the government’s commitment to crack down on cheap drink” by maintaining the alcohol duty escalator in next week’s budget.

The duty escalator has been in place since 2008 and its purpose is to ensure that the price of alcohol rises 2% above inflation.

Last year, following numerous campaigns from the brewer sector, George Osbourne rejected the planned 3p rise in beer duty and instead, replaced it with a 1p cut in the price of a pint as well announcing that beer would be exempt from duty increases – much to the delight of the beer industry.

This resulted in the industry-supported All-Party Parliamentary Beer Group presenting the Chancellor with a trophy titled “Beer Drinker of the Year.” In accepting the award, George Osborne stated that it was a "symbol that Parliament cares about this industry and Parliament cares about people employed in this industry".

One year later however, Osbourne is facing immense pressure to back the governments commitment to crack down on cheap drink by maintaining the alcohol duty escalator.

Katherine Brown, director of the Institute of Alcohol Studies says the UK chancellor should not “succumb” to industry lobbying to scrap the annual rise in alcohol duty because "society simply can’t afford for such cheap drink to get cheaper.”

According to Ms Brown, Osbourne ‘giving in’ to the drinks industry could mean the treasury facing a cost of £110m in 2014/15.

"This sum could fund 2,587 alcohol nurses in emergency departments, 468,085 ambulance call-outs, or 723,684 days of inpatient detoxification services," Ms Brown wrote in the British Medical Journal (BMJ).

According to BMJ, each year the United Kingdom sees more than 8700 deaths related to alcohol and 1.2 million hospital admissions, and alcohol is estimated to cost society more than £21bn. These figures include costs to the NHS (£2.7bn), the police and criminal justice system (£11bn), and loss of workplace productivity (£7.3bn), and they total more than double the £10bn annual revenue generated from taxes on alcohol.
The question remains, does reducing the affordability of alcohol reduce the problems associated with it?

The Wine and Spirits Trade Association, the Scotch Whisky Trade Association, and the Taxpayers Alliance are currently leading a campaign calling on the Chancellor to “Be Fair George!” and scrap the duty escalator for all alcohol in this year’s budget.

The way in which the beverage industry is affected by the government makes a significant difference to the future outlook of the market. It’s vital to invest in business intelligence so that you are aware of the actual market situation and prospects for the future. The Industry Report Store has a wide range of beverage reports, analysing the current market situation as well as identifying potential opportunities for the future.

Take a look at some of our reports to see how we could help you:

United Kingdom Beer Market Insights 2013

The Future of the Wine Market in the United Kingdom

The Future of the Spirits Market in the United Kingdom

Sources: OnMedica, BMJ, Telegraph

About Industry Report Store:

Industry Report Store is one of the world’s most comprehensive libraries of market intelligence, with the perfect report for every business need at every budget. Business information is paramount for companies seeking to stay ahead amid challenging economic conditions and intense competition. Contact us today to take advantage of our premium intelligence insights and keep up with your industry competitors.

Social media is now integral to successful business relationships. Connect with us to be the first to find out about exclusive offers and get involved with the latest industry discussions.

Wednesday, 12 March 2014

The Internet of Things Phenomenon

The UK government is to spend an extra £45m on research for the development of “internet of things” technology as it hopes to lead the new industrial revolution alongside Germany.

Speaking at the CeBIT technology trade show in Germany on 9^th March, UK Prime Minister David Cameron said that the UK government would pledge more than double the current funds available to UK technology firms, working on devices that can communicate over the internet. This additional £45m of funding brings the total pot to a whopping £73m!

Providing it with the simplest of definitions, “Internet of Things” refers to devices that can sense aspects of the real world – such as temperature, lighting, the presence or absence of people, etc. – and report or act upon that real-world data. At present, most data on the internet is being produced and consumed by people. It is about making information increasingly produced and consumed by machines. For example - an internet connected water pipe can automatically warn of a drop in pressure. It is hoped that this technology will provide a means of boosting productivity, keeping us healthier, making transport more efficient, reducing energy needs and even tackling climate change.

The Prime Minister hopes for the UK and Germany to lead this new “industrial revolution”:

"I see the internet of things as a huge transformative development - a way of boosting productivity, of keeping us healthier, making transport more efficient, reducing energy needs, tackling climate change," he said.

"Take British ingenuity in software, services and design, add German excellence in engineering and industrial manufacturing and together we can lead in this new revolution."

US research firm Gartner forecasts the market to be worth $300bn by 2020, with nearly 26 billion devices connected to the internet of things.

Sources: Marketing Week, BBC

The Industry Report Store has a newly written report comprehensively covering the Internet of Things market to 2016. The report provides essential insight into the market trends, drivers, challenges and opportunities, as well as SWOT overviews of the major companies operating within the market.

If you would like to request free sample pages or to find out more about any other reports we might have please don’t hesitate to contact us.

About Industry Report Store:

Social media is now integral to successful business relationships. Connect with us to be the first to find out about exclusive offers and get involved with the latest industry discussions.

Hung Yuen

Marketing

T: +44(0)20 3220 0811
M: hung.yuen@progressivemediagroup.com

Headquarters: John Carpenter House, John Carpenter Street | London, EC4Y 0AN, United Kingdom

Friday, 7 March 2014

Stonyfield and Happy Family team up to launch new yogurt pouches

The organic yogurt maker Stonyfield and baby food firm Happy Family are set to launch new yogurt pouches for babies, toddlers and kids.The co-branded “Organic yogurt and Baby Food” collaboration is said to be the first of its kind for both brands - combining a leading brand in organic yogurt with a leader in organic baby foods.

Always organic, the Stonyfield & Happy Family yogurt pouches are made with only the best ingredients and without the use of toxic persistent pesticides, GMOs, artificial hormones and antibiotics promising the best growth for babies, toddlers and kids. All the yogurts are fortified with vitamin D. The yogurt pouches are sold individually as well as in a pack of four. The suggested retail price is $1.49 for individual packs and $4.99 for the pack of four. The re-sealable package can be out of refrigerator for up to 4 hours.

Stonyfield Organic chairman and co-founder Gary Hirshberg said, "Stonyfield and Happy Family share the core belief that organic food made without the use of toxic persistent pesticides and GMOs is the very best for little ones."

Happy Family founder, CEO and Chief Mom Shazi Visram said, "Stonyfield & Happy Family yogurt pouches offer a convenient and portable option for busy families looking for delicious fruit and vegetable combinations their kids love and that also deliver the organic promise parents trust."

Available in convenient pouches, Stonyfield's popular yogurts will be co-branded with Happy Family later this year. The portfolio includes YoBaby Yogurt Pouches, YoTot Yogurt Pouches and YoKids Yogurt Pouches. The parties are set to launch the product line at Expo West, a natural and organic trade show scheduled to be held from 7-9 March. Parents can expect to see the exciting Stonyfield & Happy Family yogurt pouch line in their dairy cases starting in July.

Consumer behaviour within the dairy market is evolving constantly and market intelligence of the industry is critical to business success. The Industry Report Store has a variety of reports about the dairy market, providing valuable insight and analysis into current market situation and potential opportunities in the market.

Sources: KCTV5news, PRNewsFoto/Stonyfield.

About Industry Report Store:

T: +44(0)20 3220 0810

M: kundan.sharma@industryreportstore.com

Headquarters: John Carpenter House, John Carpenter Street | London, EC4Y 0AN, United Kingdom

Why not take a moment to browse our new site www.industryreportstore.com. We cover over 50 industries, 130 countries and include over 30,000 company profiles.

Facebook | LinkedIn | Twitter

Thursday, 6 March 2014

AB InBev prepares to launch new rum-flavoured beer

The new Carribean inspired beer named ‘Cubanisto’, will be launched by AB InBev at the end of this month.

The new 5.9 per cent ABV beer which will be sold in 330ml UV-light sensitive coated bottles is purported to taste of “citrus, orange zest and lime” and have the “aroma of caramelised cane sugar and treacle.”

The beer will be aimed at “tech savvy trendsetters” between the ages of 18 and 25 and is to be driven by a series of climactic marketing initiatives. Such initiatives include nightclub events, live art performances and secret pop-up events which can only be discovered through social media. By doing this, AB InBev are hoping to create a trendier brand experience and generate a buzz over the launch of their new product.

Senior brand manager for Cubanisto, Emily Kraftman says: “We really want consumers to connect differently with Cubanisto and so focused on crafting these theatrical experiences where it feels like they’ve discovered something new for themselves.”

AB InBev, whose most popular brands include Stella Artois and Budweiser, are not the only company attempting to revamp the ‘stale’ beer industry and penetrate the largely untouched market of younger beer drinkers. SAB Miller recently announced it was planning to launch a new range of experimental beers to attract wine and spirit drinkers, after its chief executive Alan Clark claimed that the beer market is one that has been neglected for a number of years and is in much need of rejuvenation. Last week, Carlsberg also launched its new Blackurrant favoured beer, which it too hopes will bring younger drinkers into the beer category.

These companies will hope to emulate the success of Heineken, who have set a precedent within this ‘alternative’ beer category thus far. Heineken's tequila-flavoured beer 'Desperado' has been a massive hit with younger drinkers and just last week, the company unveiled Desperados Verde, a premium lager flavoured with a twist of mint and lime in addition to tequila.

At present, the flavoured beer category is worth £115m in the UK, but it certainly seems set for rapid growth. The only question remaining is which company will enter it next?

Understanding how the beer market is evolving is fundamental to those operating within this inudstry. Market intelligence will provide you with the essential market insights, key drivers and trends analysis along with forecasts for the industry. The Industry Report Store has a huge variety of beverage reports, providing up to date insights and market data for the industry as well as outlining potential opportunities for the future.

Why not take a look at some of our most popular Beer Market titles:

United Kingdom Beer Market Insights 2013

The Premium Beer Market 2013

Global Brewer Analyser Report 2013

Global Beer Trends Report 2013

Contact us if you would like any sample pages or if you want to enquire about any reports that we might have.

Sources: Marketing Magazine, Marketing Week

About Industry Report Store:

Robyn Jones
Marketing

T: +44(0)20 3220 0810

E: robyn.jones@industryreportstore.com

W: www.industryreportstore.com.

Wednesday, 5 March 2014

Los Angeles to Ban E-cigs

America's second largest city is set to follow a growing list of cities, including New York, Boston and Chicago, to ban the use of electronic cigarettes from restaurants, bars, nightclubs and other public places.

On Tuesday the L.A. City Council voted 14-0 for those in favour of restricting the use of e-cigarettes in public places. All that’s left now is for Mayor Eric Garcetti to sign the measure into law (which it seems certain he will), and the ban will come into effect 30 days later. With the exception of vaping lounges, where e-cig smokers go to “smoke” and try various flavours, the ban prohibits the use of e-cigarettes from the same places as tobacco products.

The ban is to be imposed amid concerns over the long-term health effects of the devices, which due to their newness and a lack of scientific research are currently unknown. The popular devices consist of battery-powered cartridges containing liquid nicotine, which creates inhalable vapour when heat is applied. Critics have voiced concerns not only in regard to users of the devices, but also over the potential harm of inhaling second-hand vapour from these electronic cigarettes.

NJOY, a well established maker of electronic cigarettes, claimed that the councils’ decision was made in the absence of credible science. In a statement, the e-cig maker also said that "NJOY remains concerned that banning e-cigarette use in public places could deter current tobacco smokers from using the products and thus disserve public health."

However, in addition to concerns surrounding the potential harm the devices can cause, public health experts fear that these devices will act as a gateway to smoking. City Council member Mitch O'Farrell, who co-sponsored the proposal, said "We also have a responsibility to protect our youth and everyone else in public places from the carcinogens found in the ultra-fine particles in e-cigarette aerosol."

The US isn't the only place with concerns over e-cigarettes. Canadean Consumer recently conducted a survey to determine British consumer perceptions of the device and with interesting results.

The survey found that:

Whilst e-cigarettes are labelled as “safer” alternative to traditional tobacco products, and as an easy way to quit smoking, Brits are unconvinced about these safety claims. Only 35% believe e-cigarettes are safer than the normal ones, with the rest either unsure (44%) or disagree (21%). While those who smoke e-cigarettes perceive them to be safer (90%), the majority of smokers of normal cigarettes, don’t (54%).

Many still think that e-cigarettes contain toxins and harmful ingredients (56%) and believe these can lead to nicotine addiction (42%).

Currently, 4% of the population and 14% of all UK smokers use an e-cigarette. The survey indicate that the market is likely to grow as 10% of smokers are are considering using one in the near future as a means to give up smoking.

The survey also detects a general concern about the way these products are marketed and distributed.

A total of 40% of all adults believe that e-cigarettes glamorise smoking, while 44% believe they could encourage younger people to take up smoking. Some believe that the flavours (38%) and the marketing (35%) of e-cigarettes deliberately appeal to younger people, and 28% want e-cigarettes banned from supermarkets and newsagents.

In spite of critics concerns, the e-cigarette industry is booming, with analysts believing it will eventually overtake the $80 billion-a-year tobacco business.

The key to ensuring that your business has all the tools necessary to thrive in this growing market is premium market intelligence. The Industry Report Store has a brand new report which comprehensively covers the global e-cig market, from analysis of the present and predictions for the future. It covers the market trends, drivers and challenges as well as SWOT analysis of major companies such as NJOY.

Contact us now to find out more about this report.

Sources: Guardian Liberty Voice, Reuters

About Industry Report Store:

Robyn Jones
Marketing

T: +44(0)20 3220 0810

E: robyn.jones@industryreportstore.com

W: www.industryreportstore.com.

Follow us: