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Following the news that Budweiser is forgoing this year’s Super Bowl commercial and will instead put that money behind vaccine awareness; Arian Bassari, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Budweiser’s decision to forgo advertising and to support vaccine awareness during the high-profile Super Bowl games may come as […]
Artificial intelligence will be most disruptive technology across pharmaceutical industry in 2021 and beyond
Artificial intelligence (AI) will transform the pharmaceutical industry in the coming years by delivering productivity improvements and efficiencies across the entire pharma value chain, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘The State of the Biopharmaceutical Industry 2021’, reveals that AI is expected to be the emerging technology that will have […]
Orthopedics market set to reach $64bn by 2025 as acquisitions surge
Global market value for orthopedic devices is projected to grow at a compound annual growth rate (CAGR) of 4% to $64bn by 2025, driven by the rise in acquisitions within the orthopedics space in recent months, according to GlobalData, a leading data and analytics company. Kevin Dang, Medical Devices Analyst at GlobalData, comments: “While various […]
Nissan’s UK manufacturing move a boost for UK industry
Following the news that Nissan is to commit to manufacturing electrified vehicles at Sunderland and source more batteries in the UK; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The Nissan news will boost confidence in the UK’s automotive sector. Nissan’s Sunderland plant is the UK’s largest with […]
HSBC and Ernst & Young were top M&A financial advisers by value and volume in global power sector for 2020
HSBC and Ernst & Young were the top mergers and acquisitions (M&A) financial advisers in the global power sector for 2020 by value and volume, respectively. HSBC advised on six deals worth US$30.7bn, which was the highest value among all the advisers. Meanwhile, Ernst & Young led in volume terms having advised on 27 deals […]
North America continued to dominate global VC funding landscape during Q4 2020
Global venture capital (VC) funding volume continued to decline during the last quarter (Q4) of 2020 with inconsistent activity across most of the regions. However, North America continued to attract the highest number of VC investments during the quarter, according to GlobalData, a leading data and analytics company. North America accounted for 37.9% of global […]
Preliminary results from Aldeyra’s Phase III Tranquility trial offer promise for patients with dry eye syndrome
Aldeyra Therapeutics recently announced top-line results from the run-in cohort of the Phase III trial evaluating its product 0.25% reproxalap for patients with dry eye syndrome (DES). The positive impact of the therapy on endpoints, such as ocular dryness, discomfort and Schirmer’s test, although preliminary, signals an important advancement for DES patients compared to currently […]
Monzo needs to focus on what is essential to avoid the same fate as Xinja
Monzo will be the first major UK challenger to face the same fate as Xinja, which was recently forced out of the banking space, unless it changes its approach towards a more sustainable future, says GlobalData, a leading data and analytics company. Katherine Long, Banking Analyst at GlobalData, comments: “It is easy to see in […]
Morgan Stanley and Evercore were top M&A financial advisers by value and volume in global oil and gas sector for 2020, finds GlobalData
Morgan Stanley and Evercore were the top mergers and acquisitions (M&A) financial advisers in the global oil and gas sector for 2020 by value and volume, respectively. Morgan Stanley advised on 18 deals worth US$82.9bn, which was the highest value among all the advisers. Meanwhile, Evercore led in volume terms having advised on 19 deals […]
Biden’s carbon-free power plan equivalent to quadrupling renewables growth
Following President Biden’s moves to implement new climate policies upon taking office yesterday; Will Scargill, Managing Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the targets set out for decarbonizing the power sector: “Biden’s target of a carbon-free power sector by 2035 is extremely ambitious and would […]
Norwegian Air’s exit from long-haul routes emphasizes flaws in business model
Norwegian Air recently departing the long-haul game calls into question the business model’s viability going forward, as the airline’s high-cost base hindered its ability to turn a profit with a high proportion of its costs related to fuel, says GlobalData, a leading data and analytics company. Gus Gardner, Travel and Tourism Analyst at GlobalData, comments: […]
Kirkland & Ellis was top M&A legal adviser in global retail sector for 2020
Kirkland & Ellis emerged as the top legal adviser for mergers and acquisitions (M&A) in the global retail sector for 2020, having advised on 24 deals worth US$30.6bn. A total of 1,971 M&A deals were announced in the sector during 2020, marking a 42.5% decrease over the 3,430 deals announced in 2019, according to GlobalData, […]
Bank of America was top M&A financial adviser in global retail sector for 2020
Bank of America emerged as the top financial adviser for mergers and acquisitions (M&A) in the global retail sector for 2020, having advised on 17 deals worth US$40.6bn. A total of 1,971 M&A deals were announced in the sector during 2020, marking a 42.5% decrease over the 3,430 deals announced in 2019, according to GlobalData, […]
US construction industry to get a boost from Biden administration, says GlobalData
President-elect Joe Biden takes office today and whether he will be able to pass his campaign proposals through Congress will have major implications for the US economy and construction industry in the years ahead; Dariana Tani, Economist at GlobalData, a leading data and analytics company, offers her view on the situation: “Mr Biden’s proposal to […]
Morgan Stanley and Ernst & Young were top M&A financial advisers by value and volume in global TMT sector for 2020
Morgan Stanley and Ernst & Young were the top mergers and acquisitions (M&A) financial advisers in the global technology, media & telecom (TMT) sector for 2020 by value and volume, respectively. Morgan Stanley advised on 78 deals worth $340.9bn, which was the highest value among all the advisers. Meanwhile, Ernst & Young led in volume […]
Upgrade of T-72s to T-72B3M variant provides cost-effective means of enhancing Russian land capabilities in 2021
Russia has kicked off its 2021 calendar with the Central Military District tank division performing armoured warfare drills in Chelyabinsk. Among the equipment deployed is the T-72B3M, an upgraded variant of the T-72. While the new generation T-14/T-15 Armata family is Russia’s flagship development within the land domain, upgrading the country’s sizeable fleet of T-72s […]
Global esports sponsorship sector dominated by non-endemic brands worth $584m
The latest deep dive into the commercial landscape of esports finds that non-endemic brands are finally starting to dominate the sector, accounting for $584m of all sponsorship revenue. Non-endemic brands are also building their presence in tournaments, accounting for 51% of jersey sponsors at the last League of Legends World Championship, according to GlobalData, a […]
South Africa’s COVID-19 variant should be high on the agenda for governments
Governments need to place more focus on South Africa’s COVID-19 variant, 501.V2, as it is now considered more infectious than the UK variant based on its dominance compared with other strains of SARS-CoV-2, says GlobalData, a leading data and analytics company. Bishal Bhandari, Senior Epidemiologist at GlobalData, comments: “This new strain is independent of the […]
Morgan Stanley and JP Morgan were top M&A financial advisers by value and volume in global financial services sector for 2020
Morgan Stanley and JP Morgan were the top mergers and acquisitions (M&A) financial advisers in the global financial services sector for 2020 by value and volume, respectively. Morgan Stanley advised on 42 deals worth US$147.6bn, which was the highest value among all the advisers. Meanwhile, JP Morgan led by volume, having advised on 50 deals […]
Late-stage growth hormone deficiency pipeline addresses unmet needs for patient convenience and treatment compliance
The Food and Drug Administration (FDA) recently accepted Pfizer and OPKO Biologics Biologics License Application (BLA) for somatrogon for the treatment of pediatric growth hormone deficiency (GHD). Somatrogon belongs to a new class of long-acting growth hormones (GH) that are projected to steal substantial market share from the current leading GHD therapeutics, says GlobalData, a […]