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Phase III trial results could strengthen Ocrevus’s position in multiple sclerosis market, says GlobalData

Genentech recently announced positive results from its phase III trial, OCARINA II (NCT05232825), investigating the efficacy of Ocrevus (ocrelizumab) as a subcutaneous injection, administered twice yearly for ten minutes, in patients diagnosed with relapsing multiple sclerosis (RMS) and primary progressive multiple sclerosis (PPMS). Roche announced the trial met all of the primary and secondary endpoints, […]
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Economic recovery to drive Indonesia card payments to grow by 19.5% in 2023, says GlobalData

Indonesia’s card payments market is forecast to grow by 19.5% to reach IDR1,032.9 trillion ($66.1 billion) in 2023, supported by an economic rebound and growing consumer preference for electronic payments, according to GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, Indonesia saw a significant decline of 22.4% in card payments […]
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Iran to dominate upcoming oil and gas transmission pipeline additions in Middle East by 2027, says GlobalData

Iran is expected to dominate the Middle East’s oil and gas trunk/transmission pipeline length additions from upcoming projects between 2023 and 2027, accounting for around 38% of the region’s total planned and announced pipeline additions by 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Oil and Gas Pipelines Length and […]
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China laparoscopic trocars market poised to reach $30 million by 2030, forecasts GlobalData

Being home to the largest elderly population in the world, China has a high prevalence of metabolic and chronic diseases. Elderly patients remain physically and emotionally vulnerable to surgical treatments and operations to treat such medical conditions. Laparoscopy is one of the most preferred minimally invasive techniques that improve surgical outcomes in the elderly population. […]
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South Korea’s naval drills with US and Japan to bolster deterrence against emerging regional threats, says GlobalData

Following the news that South Korea has held a joint naval missile defence drill with the US and Japan in the East Sea; Kandlikar Venkatesh, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The coordinated naval drills by the US, South Korea, and Japan highlight their shared commitment to tackling […]
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Low-carbon hydrogen critical for net-zero transition, says GlobalData

Oil companies are looking for avenues to move towards operations with net-zero emissions. Low-carbon hydrogen – with a low to zero net carbon footprint – presents an attractive avenue for industry players in their energy transition, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, ‘Hydrogen in Oil and Gas,’  reveals that, […]
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2022 saw decade-high immuno-oncology approvals, finds GlobalData

As oncology diagnoses increase across the globe, immuno-oncology therapies have emerged as a novel treatment category, outside of chemotherapy and radiotherapy, that can help combat aggressive forms of cancer. Against this backdrop, 2022 saw a record number of immuno-oncology approvals with 10 new innovative drugs being approved, finds GlobalData, a leading data and analytics company. […]
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Advancements in wearable technology revolutionizing fitness and wellness landscape, says GlobalData

The month of July is a time dedicated to celebrating fitness and wellness, providing an excellent opportunity to explore the latest advancements in wearable technology. With the growing emphasis on leading a healthy lifestyle, wearable technology has become increasingly sophisticated, offering a range of features to track and analyse fitness-related data. With the integration of […]
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EVE Energy’s cylindrical batteries will help meet global EV demand of 62.74 million units by 2030, says Globaldata

Following the news that China-based EVE Energy achieved the production of one millionth 4695 cylindrical battery; Sumit Das, Senior Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “EVE Energy, being one of the pioneers in developing 4695 cylindrical cell type technology, also produces different types of cells such as pouch, […]
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Asia to lead global polyethylene terephthalate capacity additions by 2027, says GlobalData

Asia is set to lead the global polyethylene terephthalate (PET) industry capacity additions with a share of 61.8% 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, ‘Polyethylene Terephthalate (PET) Industry Installed Capacity and Capital Expenditure (CapEx) Forecasts […]
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Renault and Geely JV to challenge top players in powertrain technologies in long run, says GlobalData

Following the news that Renault Group and Geely signed a joint venture agreement to launch a powertrain technology company; Rupayan Chakraborty, Automotive Analyst at GlobalData, offers his view: “As the automobile industry is making rapid strides towards low-emission vehicles and traditional engines are experiencing a reduction in demand, synthetic fuel technologies are now in high […]
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