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shankar besta

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Smurfit and WestRock merger could potentially consolidate combined entity into industry giant, says GlobalData

Following the news that Smurfit and WestRock are in talks for a potential merger; Benher Gracio, Business Fundamentals Analyst at GlobalData, a leading data and analytics company, offers his view: “A potential merger of Smurfit Kappa and WestRock will see the emergence of a top global paper and packaging player with strong operational synergies, as […]
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Humira biosimilar to see $832mn in sales by 2029, forecasts GlobalData

Samsung Bioepis and Organon recently announced positive topline results from a Phase IV clinical trial of SB5, a biosimilar to the reference tumor necrosis factor (TNF) blocker Humira (adalimumab), in patients with moderate-to-severe chronic plaque psoriasis (PsO). The study met its primary endpoint of comparable pharmacokinetic profiles between SB5 and Humira, and showed comparable efficacy, […]
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Commercial impact for some of first drugs released for Medicare price negotiation to be minimal, says GlobalData

The Biden Administration has released its highly anticipated list of 10 drugs selected for Medicare drug price negotiation under the Inflation Reduction Act. The list contains several drugs that may face generic/biosimilar competition before, or very soon after, the negotiated prices start. Therefore, the commercial impact could likely be minimal for some of the drugs, […]
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Companies seen hiring for roles to lead digital initiatives in Q2 2023, finds GlobalData

Companies were seen posting a significant number of jobs with roles to drive their digital initiatives such as digital ultrasound services, artificial intelligence (AI)-enabled digital products, and remote software management in Q2 2023, according to Job Analytics Database of GlobalData, a leading data and analytics company. GlobalData’s latest report, “Global Hiring Activity – Trends & […]
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Big Tech faces significant risk in the new regulatory landscape, says GlobalData

Over the next few years, regulators will crack down on some of the world’s biggest tech companies, including Amazon, Google, Meta, X (Twitter), Alibaba, and Tencent, according to GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, ‘Tech Regulation,’ predicts that regulators will come after tech companies in 12 regulatory arenas: data security, […]
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J&J’s Akeega FDA approval to heat up PARP battle with dual-action treatment for prostate cancer, says GlobalData

The FDA recently granted approval for Johnson & Johnson’s (J&J) Akeega, a novel first-in-class combination tablet treatment for adults with breast cancer gene (BRCA)-positive, metastatic castration-resistant prostate cancer (mCRPC). Akeega’s current predicted sales will experience only a slight increase as a result of its narrow label and fierce competition with other recently approved poly(ADP-ribose) polymerase […]
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Pakistan defense budget to reach $10 billion by 2028 growing at 2.5% CAGR, says GlobalData

Pakistan’s efforts to secure its borders and maintain stability within the country have been the primary factors shaping its defense investments over the years. Historically, challenges including Pakistan’s volatile relationship with its neighbours and regional separatist movements, have played a major role in influencing the country’s defense policy making. These factors are expected to continue […]
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Indonesia property insurance industry to surpass $2 billion by 2027, forecasts GlobalData

Indonesia’s property insurance industry will grow at a compound annual growth rate (CAGR) of 8.7% from IDR26.6 trillion ($1.7 billion) in 2023 to IDR37.1 trillion ($2.4 billion) in 2027, in terms of gross written premiums (GWP), forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Insurance Database, Indonesia’s property insurance market is projected […]
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Technology, financial services, retail, and pharma industries top recruiters of GenAI talent, finds GlobalData

Generative artificial intelligence (GenAI) is a rapidly growing field, and the demand for skilled professionals with expertise in AI, machine learning, and related technologies is on the rise. As more companies adopt GenAI to improve their customer service and operational efficiency, there is an increase in job postings related to GenAI, with technology, financial services, […]
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