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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, […]
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 […]
ASML bullish on H2, yet Q2 strength seemingly driven by China’s machine stockpiling, says GlobalData
Following the news that ASML reported solid Q2 2023 results; Josep Bori, Thematic Research Director at GlobalData, a leading data and analytics company, offers his view: “ASML’s Q2 2023 results were solid, and the company raised full-year guidance. However, investors may be less sanguine about weak bookings and the fact that the quarter was driven […]
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 […]
Novel pipeline therapies to drive Parkinson’s disease market across 7MM to $6.4 billion in 2029, says GlobalData
The Parkinson’s disease (PD) market across the seven major markets (7MM*) is poised to grow at a compound annual growth rate (CAGR) of 6.4% from $3.4 billion in 2019 to $6.4 billion in 2029, driven by the anticipated introduction of 14 promising late-stage pipeline products as well as an increase in the prevalent patient population, […]
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. […]
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 […]
Kirkland & Ellis top M&A legal adviser for H1 2023, finds GlobalData
Kirkland & Ellis has emerged as the top mergers and acquisitions (M&A) legal adviser for H1 2023 in terms of both value and volume on the latest Legal Advisers League Table by GlobalData, which ranks legal advisers by the respective value and volume of mergers and acquisition (M&A) deals on which they advised. Based on […]
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, […]
Goldman Sachs and Houlihan Lokey top M&A financial advisers in H1 2023, finds GlobalData
Goldman Sachs and Houlihan Lokey have emerged as the top mergers and acquisitions (M&A) financial advisers by value and volume for H1 2023 in the latest Financial Advisers League Table by GlobalData, which ranks financial advisers by the respective value and volume of M&A deals on which they advised. Based on its Financial Deals Database, […]
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. […]
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 […]
2023 Stanley Cup Finals sees 59 brands partnerships worth $487 million annually, says GlobalData
A total of 59 brands, which included many globally recognised brands from across the world, partnered with the National Hockey League (NHL) for the 2022/23 season & post season. The combined worth of these brand partnerships with the annual series is estimated to be $487 million annually, says GlobalData, a leading data and analytics company. […]
Unmanned maritime vehicle market to reach over $3.1 billion by 2033, forecasts GlobalData
Unmanned maritime vehicles (UMVs) are expected to play a significant role in future naval warfare. Developments in Ukraine have shown the world that unmanned maritime platforms can effectively operate hundreds of miles away from their home ports. Against this backdrop, the size of the UMV market is forecast to reach over $3.1 billion by 2033, […]
Atrial fibrillation market to decline at 1.3% CAGR across 8MM during 2022-32, forecasts GlobalData
The atrial fibrillation (AF) market is forecast to decline at a compound annual growth rate (CAGR) of 1.3% from $14.53 billion in 2022 to $12.8 billion in 2032 across the eight major markets (8MM*), due to the patent expiration of the novel oral anticoagulants (NOACs) and the entry of low-cost generics, according to GlobalData, a […]
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, […]
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 […]
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 […]
FluMist Quadrivalent unlikely to see great success in Japan, says GlobalData
Japan’s Ministry of Health, Labour, and Welfare approved FluMist Quadrivalent in March 2023, marking the first approval of an intranasal vaccine in the country’s history. FluMist Quadrivalent is a live attenuated influenza vaccine (LAIV) comprised of four influenza strains. It will be available for use in Japan in children 2-18 years of age for the […]
Nothing to face tough times in US without carrier partnerships, says GlobalData
Following the launch of UK-based Nothing Technology’s Phone (2) in the US; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “The number one priority for Nothing in the immediate future should be to offer support for Verizon’s network on its Phone (2) and strike carrier partnerships with all […]