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shankar besta

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Eli Lilly’s Mounjaro to become leading GLP-1 therapy for type 2 diabetes in NHS in UK, says GlobalData

Eli Lilly received approval for its dual glucagon-like peptide-1 receptor agonist (GLP-1)/gastric inhibitor polypeptide receptor agonist (GIP) therapy Mounjaro (tirzepatide) in August 2023 for use as a new treatment option for patients in England with type 2 diabetes (T2D), in cases where the existing treatment management options are insufficient. With the recent clinical data that […]
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Medtronic data privacy lawsuit may lead to heightened scrutiny of medical devices industry, says GlobalData

In a development that has sent shockwaves through the healthcare industry, Medtronic, a renowned medical device manufacturer, finds itself embroiled in a legal battle over allegations of sharing a ‘treasure trove’ of diabetes patient data with tech giant Google. The lawsuit, which was filed in July 2023 by concerned patients and privacy advocates, accuses Medtronic […]
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Asia to lead global refinery hydrocracking capacity additions by 2027, says GlobalData

Asia is expected to witness the highest refinery hydrocracking unit capacity additions globally between 2023 and 2027, contributing about 55% of the total global capacity additions by 2027, says GlobalData, a leading data, and analytics company. GlobalData’s latest report, “Refinery Hydrocracking Units Capacity And Capital Expenditure (CapEx) Forecast By Region And Countries With Details Of […]
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APAC automotive sensors market to record 1.7% CAGR over 2023-28, forecasts GlobalData

Vehicle electrification and hybridization, alliances and collaborations among industry players, and rising consumer disposable income have indirectly stimulated the demand for automotive sensors. In addition, the intensified use of electronics in cars and an increase in the number of innovative product launches are also driving the automotive sensor market. Against this backdrop, the Asia-Pacific (APAC) […]
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CureVac highlights shift to mRNA technology in seasonal influenza vaccine development, says GlobalData

CureVac, in collaboration with GSK, recently announced the advancement of its multivalent, modified mRNA seasonal influenza vaccine candidate into Phase II clinical trials. The interim Phase I results reported positive safety and immunogenicity data, citing observed humoral responses in support of the selection of a vaccine candidate to proceed into Phase II testing. CureVac’s utilization […]
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Major unmet needs plague classification and treatment of myasthenia gravis, says GlobalData

Myasthenia gravis (MG) is an autoimmune and neuromuscular disease characterized by muscle weakness and fatigue. Currently, most of the first-line treatment options are off-label symptomatic therapies, mainly due to their affordability and accessibility, while disease modifying therapies (DMTs) are typically reserved for refractory patients diagnosed with class II-V MG. As a result, major unmet needs […]
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APAC automotive active and passive safety systems market to register 2.4% CAGR over 2023-28, says GlobalData

Consumers are willing to pay more for the newest technology that improves the driving experience and enhances passenger safety. Furthermore, growing safety concerns are driving the implementation of advanced driver assistance systems (ADAS) in vehicles. Against this backdrop, the APAC automotive active and passive safety systems market is forecast to register a compound annual growth […]
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Turkiye economic growth to decelerate in 2023 and 2024, forecasts GlobalData

In February 2023, Turkiye experienced a catastrophic earthquake that resulted in over $100 billion in damages and claimed more than 50,000 lives, as per the United Nations estimates. This tragic event, coupled with soaring inflation rates, a depreciating currency, and reduced international demand, is anticipated to have substantial repercussions on Turkiye’s economic outlook. As a […]
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South Korea’s F-35 aircraft purchase to contribute to greater stability in Indo-Pacific region, says GlobalData

Following the news that the US approved a sale of up to 25 F-35 fighter jets to the South Korea; Kandlikar Venkatesh, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The approval for the additional units of F-35A fighter aircraft marks a significant milestone in the enduring partnership between the […]
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APAC electric and hybrid transmission and clutch market to register CAGR of 13.9% over 2023-28, says GlobalData

As the shift to electric vehicles (EVs) gains traction, demand for dedicated hybrid and electric transmissions and clutches is surging in major Asian automotive markets. As a result, the Asia-Pacific (APAC) electric and hybrid transmission and clutch market is expected to register a compound annual growth rate (CAGR) of 13.9% between 2023 and 2028, reaching 48.1 million […]
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South Korea and Airbus collaboration will be win-win situation for both entities, says GlobalData

Following the discussions between South Korea and Airbus to enhance cooperation for the development of advanced aerospace technologies; Tushar Mangure, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Through the discussions with Airbus Defense and Space, the South Korean government wants to set up a facility for the joint development […]
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APAC cockpits and instrumentation market to register 2.7% CAGR over 2023-28, forecasts GlobalData

Accelerated digitization in the auto industry, the continual rise in the proliferation of technological advancements in vehicle telematics and navigation, and increased focus on safety have led to a rise in demand for digital cockpits that provide consumers with an enhanced immersive experience with advanced features. As a result, the cockpits and instrumentation market is […]
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