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Following the announcement by Vestas Wind Systems A/S, on its first quarter 2019 results, Mohit Prasad, Power Analyst at GlobalData, a leading data and analytics company, offers his view: “Vestas Wind Systems A/S reported revenue of €1,730m, an increase of two percent on year on year basis. The order intake of firm and unconditional wind turbine […]
Takeda’s strategic offloading of blockbuster-to-be Xiidra to Novartis will cut debt
Following the news that Takeda has agreed to sell dry eye drug Xiidra to Novartis for $3.4bn, Maura Musciacco, Senior Director of Neurology & Ophthalmology at GlobalData, a leading data and analytics company, offers her view: “Now that Takeda has completed the acquisition of Shire, it comes as no surprise that the Japanese pharma company […]
Trump’s requirement to disclose drug prices will cause confusion not clarity
The news that pharmaceutical companies will be required to include drug prices on TV adverts comes as part of President Trump’s commitment to promote lower drug prices. James Mather, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “At first this appears a logical approach to tackling high drug prices; however, […]
EMEA region leads contract award activity with 569 contracts in the oil and gas industry in Q1 2019
In Q1 2019, the oil and gas industry reported 1242 contracts, of which 1178 were awarded contracts, according to GlobalData, a leading data and analytics company. EMEA recorded the most contracts with 569 contracts, representing around 48% of the total awarded contracts in Q1 2019, followed by Americas region with 366 contracts, accounting for 31% […]
Baby boomers represent an opportunity for employers as over 50% would like to receive several benefits they are not currently offered
There are opportunities for employers at small and medium-sized enterprises (SMEs) to improve staff satisfaction and attract new staff by offering a range of competitive benefits and out of all the generations, baby boomers represent the biggest opportunity for employers, according to GlobalData, a leading data and analytics company. GlobalData’s report: ‘UK SME Adoption of […]
CMA merger block leaves Sainsbury’s CEO out of the money and into a difficult position
On the decision by the CMA to block the ASDA – Sainsbury’s merger, Patrick O’Brien, UK Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “The CMA’s decision to block the Sainsbury’s – ASDA merger puts the heat on Sainsbury’s CEO Mike Coupe. Whatever the rights or wrongs of the […]
Swelling population of unvaccinated children in US, France and UK pose an imminent danger to public health
Following the news that the US, UK and France top UNICEF’s report of children unvaccinated against measles between 2010 and 2017, James Mather, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “The number of children not receiving their first dose of measles vaccinations reported by UNICEF, particularly in high-income […]
Global surgical adhesion barriers market to reach $1.4bn by 2028
The global surgical adhesion barriers market is expected to grow at a compound annual growth rate (CAGR) of 3% to reach $1.4bn by 2028, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘Surgical adhesion barriers – Wound Care Market Analysis and Forecast Model’ reveals that Asia-Pacific will be one of […]
SGRE will solidify leading position in offshore wind segment after replacing GE on French offshore projects
Following the news that General Electric (GE) has abandoned the rights to supply and service its Halide 150-6MW turbines for two French offshore wind projects totaling nearly 1GW, and Siemens Gamesa (SGRE) has stepped in to fill the space, signing a new framework agreement with EMF for the remaining two projects after GE’s exit; Ankit Mathur, […]
ConocoPhillips asset acquisition set to make Chrysaor the leader in UK oil and gas production, with over 180,000 boed forecast in 2019
Following the recent news that ConocoPhillips is to sell its remaining UK upstream assets to Chrysaor Holdings for US$2.675bn, Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData, a leading data and analytics company, estimates that Chrysaor will become a leader in UK oil and gas production and offers his insight on the transaction: “The […]
Renault-Nissan alliance breakdown would push both manufacturers behind their competitors
Following the news that Renault has again attempted to integrate with Nissan, a proposal that Nissan is expected to reject, as reported in Nikkei Asian Review; Calum MacRae, Director of Automotive Product Development at GlobalData, a leading data and analytics company, offers his view: “It’s a high-stake game that Nissan is playing here. Vehicle manufacturers need […]
After Phase III data, Novavax’s ResVax approval for RSV remains uncertain
Following the release of additional Phase III clinical trial (Prepare) data of Novavax’s ResVax, presented at the World Vaccine Congress in Washington, D.C., Paul Jeng, Senior Pharma Analyst at GlobalData, a leading data and analytics company, discusses what the results mean for Novavax’s maternal RSV vaccine: “Despite the stated commitment from Novavax to continue commercialization efforts […]
Autonomous vehicles set to be fastest-growing automotive sector with more than 11m sales by 2033
There is no doubt that profound change is occurring in the automotive industry and now more than ever, it is critical to know which sectors will grow rapidly in the coming years and the ones facing an existential threat, says GlobalData, a leading data and analytics company. Mike Vousden, Automotive Analyst at GlobalData, commented: “The […]
Asia and North America to lead global caustic soda capacity additions by 2023
Global caustic soda capacity is poised to see considerable growth over the next five years, potentially increasing from 93.71 million tonnes per annum (mtpa) in 2018 to 98.65 mtpa in 2023, registering a total growth of 5%, led by Asia and North America, says GlobalData, a leading data and analytics company. The company’s report, ‘Global […]
Gilead Sciences and Novo Nordisk NASH partnership will bolster growth for both companies
Following the news that Novo Nordisk and Gilead Sciences have partnered on a clinical trial combining drugs to treat the progressive fatty liver disease NASH, Kajal Jaddoo, Associate Analyst at GlobalData, a leading data and analytics company, offers her view: “Currently, treatment options for NASH are limited and populations are increasingly developing the disease fueled […]
Eastern Europe failing to boost domestic gas production as a result of economic and political difficulties
Moscow expects to reinforce its position as Europe’s largest natural gas supplier with Russia’s construction of two new pipelines. However, some Eastern European countries are concerned by this and have introduced policies aimed at promoting the development of domestic gas resources, but these policies appear to fall short of the targets, says GlobalData, a leading […]
Lack of strong brand appeal has led to shopper desertion at Monsoon Accessorize
Following today’s news (Monday 15 April) that Monsoon Accessorize is on the brink of launching a CVA, Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “It is essential that Monsoon Accessorize, like many other retailers over the last few years, works to reduce its high street presence. Monsoon, […]
Chevron’s deal with Anadarko creates leading oil producer in the US with forecast production of 1.6 mmboed in 2019
Following the recent news that Chevron Corp (Chevron) will acquire Anadarko Petroleum Corp (Anadarko) for US$33 billion, Jonathan Markham, Upstream Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the deal: “The acquisition is a continuation of Chevron’s recent focus on upstream operations in the US. The combined […]
World Parkinson’s Day 2019: Promising pipeline drugs could be key to tackling the disease and address unmet needs
In light of World Parkinson’s Day (11 April 2019), there have been a number of successes over the past half century in the treatment of Parkinson’s disease (PD) symptoms. However, key areas of unmet needs in the treatment of motor and non-motor symptoms still remain, says GlobalData, a leading data and analytics company. According to […]
JetBlue’s transatlantic flights stand a good chance of being successful
JetBlue announced yesterday (10 April 2019) that it is to commence flights from the United States to the UK. Nick Wyatt, Head of Research & Analysis, Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on the announcement: “JetBlue’s announcement that it is to commence transatlantic flights in 2021 comes […]