Trends in the Global Drug Development Pipeline 2024

Author(s)

Brian O'Shea, MA Economics, Allison Carey, BSc Hons, Biochemistry w/specialty in Pharmacology;
Patented Medicine Prices Review Board, Ottawa, ON, Canada

Presentation Documents

OBJECTIVES: Analyzing the international drug pipeline is a horizon-scanning exercise to identify trends in current development. The goal is to provide intelligence on the future pharmaceutical landscape to aid the optimal adoption of novel medicines.
METHODS: The primary source for this study is GlobalData’s Healthcare database, which contains information on medicines in the development pipeline. The snapshot of the global pipeline current to 2024 is obtained by filtering for medicinal ingredients with a highest development stage of Phase I, II, and III clinical trials, or pre-registration. Therapeutic area, indication, and orphan drug designation for each medicine are also extracted for analysis and comparison with past extracts dating back to 2019.
RESULTS: There were 12,203 new medicines at different stages of development in the global development pipeline in 2024, more than double the number observed in 2019 (5,584). The pre-registration development stage showed the most growth, increasing 244% from 68 to 234 over the same period. Oncology medicines constitute a plurality of each phase of the 2024 development pipeline, accounting for 33% of the total pipeline, followed by infectious disease medicines at 13%. Orphan designated medicines represent 22% of the pre-registration stage of the pipeline, pointing to a focus on bringing new therapies for rare diseases to market.
CONCLUSIONS: The rapid growth in the international drug research pipeline observed since 2019 has continued in 2024, with a higher number of medicines in later development stages. This research provides a timely overview of general trends in international drug development and highlights therapeutic areas, such as oncology, which will likely be affected by the launch of novel treatments.

Conference/Value in Health Info

2025-05, ISPOR 2025, Montréal, Quebec, CA

Value in Health, Volume 28, Issue S1

Code

RWD109

Topic

Real World Data & Information Systems

Topic Subcategory

Health & Insurance Records Systems

Disease

No Additional Disease & Conditions/Specialized Treatment Areas, SDC: Oncology, SDC: Rare & Orphan Diseases

Your browser is out-of-date

ISPOR recommends that you update your browser for more security, speed and the best experience on ispor.org. Update my browser now

×