[New] Pyrilutamide from Kintor Pharmaceutical met its Phase 3 primary endpoint in a 666-patient trial in China, with potential commercialization there in 2027.
Shapiro Medical Group
[New] The global pharmaceutical industry is expected to grow from approximately USD 1,627.73 billion in 2025 to USD 1,722.05 billion in 2026, representing a year-over-year growth rate of 5.8%.
store.frost.com
[New] New drug development programs could grow by more than 10% in three to five years.
Mimir's Well
[New] As synthetic drugs continue to reshape global drug markets, timely surveillance and public health responses will be essential to reducing harm and protecting communities worldwide.
recovered
[New] Generative AI, combined with other computational tools, could cut drug discovery timelines by as much as 50%.
MIT Technology Review
[New] Drug discovery and materials science are projected to expand at a 31.48% CAGR through 2031, which makes it the fastest-growing application area.
Mordor Intelligence
[New] The U.S. is the largest in North America and is expected to reach ~ US$ 18 Bn by 2026 (derived from OTC pharmaceutical consumption patterns and national health expenditure trends reported by CDC-linked wellness data and NIH nutritional studies).
Persistence Market Research
[New] AI has not yet produced an FDA-approved drug, and skeptics warn the ~90% drug failure rate could persist if models do not adequately account for human biological variation.
The Brief - Superculture
[New] Tirzepatide alone is forecast to be worth more than $70 billion, the biggest drug ever.
LinkedIn
[New] The cancer generics segment is anticipated to witness the fastest CAGR of 11.6% from 2025 to 2033.
Market Data Forecast
[New] HB 1477/SB 527, which was introduced in February, would establish grants so that research institutions in Maryland could conduct certified clinical drug development trials about ibogaine as a treatment for opioid use disorder and other neurological conditions.
UC Berkeley Center for the Science of Psychedelics
Peptide-drug conjugates are especially notable, combining selective receptor binding with targeted delivery, and one analysis projects roughly 20% annual growth through 2035.
Doctor NHS
China is projected to exhibit rapid volume growth driven by expanding centralized drug procurement programs and heavy state investments in urban hospital infrastructure.
Persistence Market Research
Last updated: 11 August 2026
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