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The Scoop and Stack shale plays of Oklahoma may not be as prolific as the Permian Basin or the Bakken shale play. However, acreages across Kingfisher, Canadian, Blaine, and Grady counties continue to attract sizable interest for hydrocarbon appraisal and development in the Scoop-Stack, according to GlobalData, a leading data and analytics company. The company’s […]
Synairgen’s SNG001 will prevent cell damage in fight against coronavirus pandemic
Synairgen has received approvals from the Medicines and Healthcare products Regulatory Agency (MHRA) and Health Research Authority (HRA) to conduct a trial of SNG001 (inhaled interferon-beta-1a) in coronavirus (COVID-19) patients. SNG001 will prevent cell damage in a similar fashion to that of multiple sclerosis (MS) patients, says GlobalData, a leading data and analytics company. Synairgen […]
UK household insurance gross written premiums fall by 4.9% in 2018 to £6.2bn
Generation rent is an impeding factor on the household insurance market, with start-ups and some incumbents now offering flexible renters’ cover. Under the backdrop of a decline in UK household insurance gross written premiums (GWP), which fell by 4.9% to £6.2bn in 2018, this transition within the market creates a harder environment for insurers, who will likely see combined policies decline and a rise in cheaper landlords’ and renters’ policies, says GlobalData, a leading data and […]
Uncertainty looms over oil and gas M&A deals landscape amidst coronavirus outbreak and drop in oil prices
The recent coronavirus (COVID-19) outbreak is adding further woes for the oil and gas industry, which is already plagued by oversupply and declining prices. This is expected to affect the completion of announced and planned mergers and acquisitions (M&A) deals, according to GlobalData, a leading data and analytics company. GlobalData’s deals database identifies that a […]
Investors’ confidence and funding activity plummet amidst coronavirus risks
Concerns around the coronavirus (COVID-19) outbreak in China and its subsequent outbreaks in several other nations are expected to have a large impact on the global economy, which is also hurting investor sentiments. As investors are wary of gloomy economy prospects, COVID-19 emerged as a topic of discussion for investment firms, according to GlobalData, a […]
GlobalData ensuring business continuity and client support in challenging times
Since the outbreak of COVID-19 was confirmed, GlobalData has been closely monitoring and ensuring the timely implementation of the recommendations and advice of the World Health Organization (WHO) to its business operations around the world. This extends to heeding the advice issued by local government and relevant health authorities where we have business operations. Whilst […]
Thermo Fisher to be key player in COVID-19 diagnostic tests following acquisition of Qiagen
Thermo Fisher Scientific is expected to produce millions of coronavirus (COVID-19) diagnostic tests following the acquisition of Qiagen for an approximate transaction value of US$11.5bn per share, says GlobalData, a leading data and analytics company. Qiagen, a provider of molecular diagnostics and sample preparation technologies, offers a long list of nucleic acid amplification tests (NAATs) […]
ACC’s virtual scientific session may limit impact of COVID-19 pandemic on cardiovascular research and market
Following the cancelation of the 2020 Scientific Session due to the coronavirus (COVID-19), the American College of Cardiology (ACC) has created a virtual three-day scientific session in order to minimize any impact to the advancement of cardiology research. However, this may limit the impact of the COVD-19 pandemic on cardiovascular research, says GlobalData, a leading […]
Production in Bakken formation expected to drop by 170 thousand boe per day in 2020
Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock from the Russia-Saudi price war; Adrian Lara, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “Whenever available, companies will try to focus on […]
Superdry’s comeback firmly in doubt as coronavirus hits its recovery
Following today’s news (Wednesday 18 March) that Superdry has issued a profit warning; Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Given Superdry’s profit warning in early January following poor festive trading, today’s announcement that it will miss its revised FY2019/20 profit target was inevitable given the […]
COVID-19 cases in US could total more than 228,000 by end of March
There has been an exponential increase of coronavirus (COVID-19) cases in the US since the beginning of March, from less than 70 to more than 4,000. In just two more weeks, there could be over 228,000 confirmed cases, says GlobalData, a leading data and analytics company. Kasey Fu, Director of Epidemiology at GlobalData, comments: “Depending […]
Carphone Warehouse store closures essential to adapt to the changing mobile market
In response to Dixons Carphone’s announcement that it is closing all 531 standalone Carphone Warehouse stores, Zoe Mills, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “After a number of years of double digit declines in its mobile business, Dixons Carphone’s decision to shutter its standalone Carphone Warehouse stores is […]
Laura Ashley’s collapse amid coronavirus outbreak is a sign of things to come
Following today’s news that Laura Ashley has filed for administration amid the coronavirus (Covid-19) outbreak, Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Laura Ashley blames recent poor trading (at least in part) to the Covid-19 outbreak, and though this has no doubt had a significant impact on […]
Tessa Therapeutics TT11 will replace stem cell transplants as standard of care in Hodgkin’s lymphoma
Tessa Therapeutics’ TT11 has become the first CAR-T therapy to receive the Food and Drug Administration (FDA) regenerative medicine advanced therapy (RMAT) designation and is set to become the leading cell-based therapy in Hodgkin’s lymphoma (HL), displacing the outdated stem cell transplants as the standard of care by 2024, says GlobalData, a leading data and analytics company. Miguel Ferreira, MSc, Oncology and Hematology Analyst at GlobalData, comments: “TT11, being the first CAR-T therapy to emerge from […]
RWE AG announces its year end results with big plan on renewable expansion
Following the announcement of strong results by German energy major RWE AG for the financial year ending 2019, Mohit Prasad, Project Manager at GlobalData, a leading data and analytics company, offers his view: “RWE AG’s EBITDA witnessed a jump of around 61% from €1,538m in 2018 to €2,489m in 2019, mainly due to a strong […]
Global capsule endoscopes market set to reach $401.4m by 2028
The global capsule endoscopes market is expected to reach $401.4m by 2028, growing at a compound annual growth rate (CAGR) of 4.2%, according to GlobalData, a leading data and analytics company. The company’s recent report, ‘Capsule Endoscopes – Medical Devices Pipeline Assessment, 2020’, reveals that the Asia Pacific region will be one of the fastest growing […]
M&A activity across media industry witnesses consistent volume growth but showcases decline in value
A total of 839 mergers and acquisitions (M&A) deals were announced in the global media (including advertising), communication and collaboration services sector during 2019, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s deals database reveals that the number of M&A deals in this sector has been consistently increasing with the […]
Russia to drive Former Soviet Union’s refining industry capacity growth by 2024
Russia is expected to lead the refining industry capacity growth in the Former Soviet Union (FSU) from active and upcoming (planned and announced) projects, accounting for 56% of the total capacity growth between 2019 and 2024, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Refining Industry Outlook to 2024 – Capacity […]
As Boeing’s problems mount Airbus sales stall
As setbacks for Boeing’s 737 MAX accumulate, uncertainty over its path to recertification continues to impact companies within Boeing’s US supply chain, says GlobalData, a leading data and analytics company. While some companies attempt to solicit business elsewhere, others cut jobs in order to deal with reduced demand. For example, General Electric has moved towards […]
Angina landscape shifting towards increased recognition of microvascular angina in clinical practice
Microvascular angina (MVA) is being increasingly recognized in clinical practice, says GlobalData, a leading data and analytics company. According to key opinion leaders (KOLs) interviewed by GlobalData, patients with exertional angina and symptoms strongly suggestive of coronary artery disease (CAD) were previously often disregarded since the diagnosis of chronic stable angina was highly related to […]