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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 […]
Zogenix’s Fintepla projected to reach $872m by 2026 despite recent setback
The FDA recently rejected a marketing application for Zogenix’s Fintepla, an anti-epileptic drug candidate for Dravet syndrome. Magdalene Crabbe, Neurology and Ophthalmology Analyst at GlobalData, a leading data and analytics company, discusses the revelation: “The impact of this setback is not necessarily catastrophic. Fintepla is still at the pre-registration stage in the EU and in […]
Saudi Aramco’s bond debut intended to inspire confidence as company fires up global expansion strategy, says GlobalData
Following Saudi Aramco’s bond debut and the release of their bond prospectus on April 1, 2019, Anna Belova, Senior Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers her view on the company’s current strategy: “As the world’s most profitable company, it can be argued that Aramco does not need to […]
Debenhams saved from hands of Mike Ashley but needs more cash to safeguard its future
Following today’s news (Tuesday 9 April) that Debenhams has fallen into administration, Sofie Willmott, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “The cash injection from the new owners will not be enough to turn around the failing department store’s fortunes. Although Sergio Bucher’s Redesigned strategy, announced almost two years […]
Alnylam continues to blaze the RNAi frontier with Regeneron partnership
Following the news on April 8, 2019 that Alnylam and Regeneron have entered into an $800m pact to develop RNA interference (RNAi) therapies for eye and CNS diseases, Paul Jeng, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on the growing opportunities for RNAi: “RNAi therapies are still relatively […]
Carmakers will look to ‘pool’ ahead of tough CO2 emission rules in Europe
As average vehicle CO2 emissions trend upwards in Europe, carmakers are looking to form ‘pools’ that can help avoid large fines under new tighter EU CO2 emission rules that come into force in 2021. Dave Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Average CO2 emissions for new cars […]
Flying taxis will become a reality by 2030; dramatically affecting the tourism industry
Airspace above cities is becoming increasingly valuable as the concept of pilotless flying vehicles is becoming more of a reality. This will potentially have a dramatic effect on the tourism industry as travelers flock to the early-adopting countries to take a first-hand look at the new technology, says GlobalData, a leading data and analytics company. […]
US will contribute 95% of North America’s new-build underground gas storage capacity growth by 2023
The US will drive growth in North America’s new-build underground gas storage industry between 2019 and 2023, contributing around 95% of the working gas capacity growth in the region, according to GlobalData, a leading data and analytics company. The company’s report: ‘Underground Gas Storage Industry Outlook in North America to 2023 – Capacity and Capital […]
UK supermalls spend to reach £10.9bn by 2023 as they suck sales from the high street
As physical retail spend comes under increasing threat from the online channel, supermalls are set to outperform the total offline market over the next five years as their destination appeal will ensure that growth is resilient, according to GlobalData, a leading data and analytics company. GlobalData’s report: ‘UK Supermalls 2018 – 2023’ reveals that supermalls retail spend […]
28.3% of HNW clients’ children move their assets to a new provider when they inherit
After inheriting, 28.3% of HNW clients’ children discontinue the relationship with their parents’ wealth manager, according to GlobalData, a leading data and analytics company. The company’s report: ‘2019: Trends to Watch in Global Wealth Management’ states that 38% of the global HNW population is above the age of 60, which equates to 4.3 million individuals. […]
Louisiana achieves major discount from Gilead’s subsidiary through Hepatitis C procurement model
Louisiana’s Department of Health recently announced that Gilead’s subsidiary Asegua Therapeutics has been selected as the pharmaceutical company for hepatitis C procurement model. Arafa Salam, PhD, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view on the cost savings realized by this innovative procurement strategy: “The strong competition for patient share […]
Bonmarché has found a saviour in Philip Day with his Spectre Holdings acquisition
Following the news that Spectre Holdings, the Dubai based company owned by Philip Day of Edinburgh Woollen Mills, has bought the majority of shares in Bonmarché and is making an offer for the remaining shares, Maureen Hinton, Global Retail Research Director at GlobalData, a leading data and analytics company, offers her view: “This is an […]
UCB’s Cimzia US approval for nr-axSpA places company ahead of competitive biologic space
The approval of UCB’s Cimzia marks the first anti-tumor necrosis factor biologic therapy for non-radiographic axial spondyloarthritis (nr-axSpA) patients in the US, having been already approved for the condition in Europe. Antoine Grey, MBiochem, Immunology Analyst at GlobalData, a leading data and analytics company, offers his view: “UCB’s efforts to expand into a patient population […]
Kellogg’s cookie sale part of an emerging trend for portfolio consolidation
Following the news that Kellogg Company has reached an agreement to sell Keebler Cookies and other related businesses to Ferrero, Richard Parker, Principle Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on this latest development: “Kellogg’s divestiture reflects an emerging trend for portfolio consolidation and the company’s commitment to focusing on […]
Ford takes the axe to operations in Russia, but cost-cutting is no solution to its problems
Ford has announced that it will end passenger car production and shut plants at its Sollers joint venture in Russia as part of a restructure to operations there. Dave Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Ford profits have been on a declining path and it should come […]
Daimler-Geely JV moving Smart to China with all-electric product renewal makes sense for both
News has emerged today (28 March) that Daimler has struck a deal with Geely for a 50:50 joint venture based in China to develop and operate the Smart brand globally as an all-electric carmaker. Dave Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “This deal makes a lot of […]
Outbound traveller departures from Italy set to increase to 36.2 million in 2022
The number of outbound travellers departing from Italy is set to increase at a compound annual growth rate (CAGR) of 2.6% from 32.6 million travellers in 2018 to 36.2 million in 2022, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘Tourism Source Market Insight: Italy’ reveals that the factors influencing […]
High fuel prices and overcapacity strike again as WOW Air is added to the long list of recent airline closures
Following the news that WOW Air has ceased operations after failed negotiations to save it, leaving thousands of passengers stranded, Ralph Hollister, Associate Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view: “The closures of smaller sized airlines such as WOW Air come as little surprise. Even major airlines […]
Dune not the best fit for LK Bennett
Following today’s news (Wednesday 27 March) that Dune has tabled a bid for LK Bennett, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “While both retailers tap into the premium occasionwear market, footwear specialist Dune and LK Bennett do not seem like an obvious fit, given the latter’s […]