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Gilead and Galapagos recently announced the discontinuation of the ISABELA Phase III clinical trials investigating ziritaxestat, a once daily autotaxin inhibitor formerly known as GLPG-1690, in patients with idiopathic pulmonary fibrosis (IPF). Due to IPF’s high clinical unmet needs, this discontinuation represents a major setback in the disease space, according to GlobalData, a leading data […]
Demand for fourth-generation aircraft still strong in fifth-generation era
Following the news that the United States Air Force (USAF) is looking to acquire a new fourth-generation aircraft, even as the fifth-generation F-35 fleet expands, Abhijit Apsingikar, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The USAF’s studies into the future composition of its tactical aircraft fleet suggests […]
US dominates upcoming oil and gas project starts in North America by 2025
The US will drive upcoming project starts across the oil and gas value chain in North America, accounting for 70% of the total projects expected to start operations by 2025. Of these, new build projects dominate with 83%, while the remaining are expansion projects mainly in the upstream sector (fields, excluding shale), according to GlobalData, a leading data, and analytics company. GlobalData’s report, ‘North America Oil and Gas Projects Outlook to 2025 – Development Stage, Capacity, Capex and Contractor Details of All New Build and Expansion Projects’, reveals that 417 projects […]
Ford is the latest car company to bite the electric bullet
Following the news that Ford has unveiled a new ramped-up electrification strategy that includes making all its passenger cars sold in Europe zero emissions capable by mid-2026 and transforming its Cologne site into a hub for electric car manufacturing; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Ford […]
US continues to top cross-border M&A activity
The US secured the top spots in terms of outbound and inbound mergers and acquisitions (M&A) deal volume and value in 2020, despite witnessing a decline in activity during the COVID-hit 2020. Meanwhile, China continued to remain attractive to foreign investors and emerged as a notable exception to witness growth in inbound M&A activity, according […]
Apple and Alphabet only FAANG companies to see sentiment decline in Q1 2021
Apple and Alphabet were the only FAANG companies to see earnings transcript sentiment decline in Q1 2021, according to the Filing Analytics database by leading data and analytics company GlobalData. Both tech giants saw around 2% decline in Q1 2021*, compared to the previous quarter while Facebook, Amazon and Netflix saw 3.8%, 8.4% and 15% […]
Tidepool Loop app will be game-changing for type 1 diabetes management
If Tidepool’s diabetes management app Tidepool Loop gains its 510(k) clearance from the Food and Drug Administration (FDA), it will have a significant impact on patients’ ability to attain glycemic control, says GlobalData, a leading data and analytics company. This is especially prominent as only 20-30% of type 1 diabetes (T1D) patients meet their glycemic […]
Transformation of stock exchanges will be a boon for fintech
The rise of private securities marketplaces is likely to mark the beginning of the end for the national stock exchange monopolies. It will herald a chance for challenger banks and fintech to take advantage of lower funding costs from individual, accredited investors, says GlobalData, a leading data and analytics company. Katherine Long, Banking Analyst at […]
Low and no ABV beverages are shaping Western Europe spirits sector
As trends towards health and wellness continue to mount, producers in Western Europe are expanding their portfolios with low and no ABV products. Led by the beer and cider sector in 2010s, the 2020s will be the decade of ‘NoLo’ spirits. Between 2020–2024, low ABV products in the Western Europe Spirits sector will rise at […]
US to drive global crude oil trunk/transmission pipelines growth by 2024
The US is expected to dominate global crude oil trunk/transmission pipeline growth, accounting for almost one-fourth of the total pipeline length growth by 2024. With expected length additions of 4,900 km from projects that have received approval or are awaiting approval, the US is far ahead of any other country in the world in terms […]
Western Europe’s car market looking up
GlobalData forecasts the Western European light vehicle market at 15 million in 2021, 20.3% ahead of 2020 but still over 1.3 million units short of 2019’s market level. Calum MacRae, Automotive Analyst at GlobalData, comments: “The year was off to a tough start with vehicle sales in January across Europe heavily impacted by pandemic-related population […]
New COVID-19 strains are causing clinical trial resumptions to slow
Many clinical trials were set to resume activity as the initial peak of the COVID-19 virus started declining. However, with the number of confirmed COVID-19 cases rising globally, especially in Western areas such as the US and Europe, along with two more infectious variants of COVID-19, this has led to increased restrictive measures and has […]
GameStop unlikely to showcase largescale gains in 2021 despite sentiment growth in Q4 2020
GlobalData’s Filing Analytics platform found that GameStop’s earning transcript sentiment score rose by around 9.7% in Q4 2020 compared to Q3 2020. Starting mid-January 2021, the company’s stock grew almost 100x until 27 January 2021. However, most of its stock gains were lost by the end of the first week of February 2021. Notwithstanding sentiment […]
Coca-Cola joins vital sustainability movement with new plastic-free packaging
Following the news that the Coca-Cola Company is trialling its first paper bottle, Alice Popple, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Coca-Cola trialling a new paper bottle comes as no surprise as there has been an increase in sustainability initiatives from brands attempting to revamp strategy and ensure […]
AstraZeneca/Oxford’s COVID-19 vaccine could see increased global uptake after strong efficacy results
The primary analysis of AstraZeneca/Oxford’s vaccine is likely to put pressure on other companies to demonstrate reductions in transmission as soon as possible, says GlobalData, a leading data and analytics company. Arafa Salam, PhD, Infectious Diseases Analyst at GlobalData, comments: “While the efficacy profile of Pfizer/BioNtech may be higher after the second dose, the AstraZeneca/Oxford […]
Aunt Jemima’s rebrand will appeal to 43% of socially conscious consumers
Following the news that Aunt Jemima is being rebranded as the Pearl Milling Company by PepsiCo and its subsidiary Quaker; Khalid Peerbaccus, Senior Researcher at GlobalData, a leading data and analytics company, offers his view: “The name change could not come at a better time for some. GlobalData has found that *43% of consumers globally […]
Biogen’s main MS assets facing increasing competition and further losses in the MS market
Biogen recently announced Food and Drug Administration (FDA) approval of its new intramuscular (IM) injection route of administration for Plegridy (peginterferon beta-1a) for the treatment of relapsing forms of multiple sclerosis (MS). This new formulation will enable Biogen to expand its MS portfolio, while also reducing the side effects from the subcutaneous way of administration […]
Nissan strategic plan is on track
Following the news that Nissan has returned to a positive operating profit of 27.1 billion yen for the quarter ended 31 December 2020, David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The swing to operating profit for the latest quarterly financials is a sign that Nissan is now […]
AI and ML adoption in healthcare industry to surge following FDA’s issue of five-part action plan
The Food and Drug Administration’s (FDA) five-part artificial intelligence (AI) / machine learning (ML) based Software as a Medical Device (SaMD) action plan is set to accelerate the integration of AI and ML into healthcare systems. As a result, the industry will witness wider adoption of these digital health tools and technologies, says GlobalData, a […]
Travel & tourism sector witnessed 29.6% decline in deal activity during January 2021
A total of 57 deals were announced in the global travel and tourism sector during January 2021, which is a decrease of 29.6% over 81 deals announced in December 2020, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The travel and tourism sector has been one of […]