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AstraZeneca’s Tagrisso to lead lung cancer small molecule market with over $7 billion sales by 2029, says GlobalData

In the ever-evolving landscape of oncology, small-molecule drugs are carving a significant niche in lung cancer treatment. In 2015, AstraZeneca’s Tagrisso  achieved landmark approval from the FDA following the results of the Phase III AURA trial. This approval marked a significant advancement in the treatment of metastatic EGFR T790M mutation-positive non-small cell lung cancer (NSCLC). […]
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South Korea likely to increase spending on border surveillance assets over next few years, says GlobalData

Following the news that South Korea is considering suspension of the previously agreed-upon border truce with North Korea; Harshavardhan Dabbiru, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “In the wake of the surprise coordinated attacks and infiltrations by Hamas in Israel, South Korea is mulling the suspension of the […]
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Alvotech’s AVT05 emerges as leading contender for Simponi biosimilar in rheumatoid arthritis, says GlobalData

The patent for Janssen’s second-generation, tumour necrosis factor-alpha (TNF)-a inhibitor Simponi (golimumab), is scheduled to expire in 2024 and in 2025 in the US and EU, respectively. As patent expiration approaches, strategic activity within this space indicates that the landscape is shifting. In May 2023, Alvotech and Advanz Pharma announced an extended strategic partnership with […]
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China to dominate methylene diphenyl diisocyanate capacity additions in Asia by 2027, forecasts GlobalData

China is set to register the highest methylene diphenyl diisocyanate (MDI) capacity additions in Asia, contributing about 80% of the region’s capacity additions by 2027, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Methylene Diphenyl Diisocyanate (MDI) Industry Capacity and Capital Expenditure with Details of All Active and Planned Plants,” reveals that […]
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Indonesia defense expenditure to reach $9.7 billion by 2028, forecasts GlobalData

With a total defense budget of $8.8 billion in 2023, Indonesia presently ranks as the second-highest military spender after Singapore in the Southeast Asia region. Driven by ongoing defense modernization initiatives, the country’s defense expenditure is forecast to reach $9.7 billion by 2028, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, […]
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Nanotechnology is orchestrating next industrial revolution, says GlobalData

Nanotechnology is making big waves in tech innovation, opening new opportunities in various industries like healthcare, agriculture, and aerospace. It’s changing how we manage supply chains, develop products, and lead sustainability efforts across different industries. GlobalData, a leader in data and analytics, sees nanotechnology as a key player in shaping a future where innovative and […]
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US space sustainability legislation begins to shape activity in space industry, says GlobalData

Following the news that the US government has issued a $150,000 dollar fine to Dish Network for leaving space debris in orbit; James Marques, Associate Defense Analyst at GlobalData, offers his view: “One organization’s space debris is everyone’s problem. Collisions and interference from debris can have expensive and dangerous consequences that transcend national boundaries. As […]
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APAC food and beverage brands can leverage throwback marketing amid turbulent times, says GlobalData

Asia-Pacific (APAC) food and beverage brands are banking on retro and vintage-themed product recipes, packaging, and marketing content to stoke consumer nostalgia. Such throwback marketing strategies can appeal to consumers in light of the growing apprehensions due to geopolitical tensions, climate change, the cost-of-living crisis, and economic uncertainty. For instance, 57% of APAC respondents said […]
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Asia to lead global methylene diphenyl diisocyanate capacity additions by 2027, says GlobalData

Asia is set to lead the global methylene diphenyl diisocyanate (MDI) industry capacity additions with a share of 74% by 2027, by gaining capacities from new-build and expansion projects between 2023 and 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Methylene Diphenyl Diisocyanate (MDI) Industry Capacity And Capital Expenditure With […]
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