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Pharma

Immuno-oncology agents to continue transforming cancer treatment landscape, says GlobalData

Immuno-oncology (IO) agents have transformed the oncology landscape in the last decade, particularly immune checkpoint inhibitors (ICIs) in solid tumor settings and chimeric antigen receptor (CAR) T-cells in hematological malignancies, with patients who previously had very limited therapeutic options achieving long term remissions and even cure. Continued investment into IO R&D in both academia and […]

Mining

Mine-site investment in safety-related technologies rising, says GlobalData

High levels of investment are being made in areas such as mine planning and management software, mine communication, and predictive maintenance, with increasing levels of investment in safety-related technologies that include drones, collision avoidance, and fatigue detection, according to the latest global mine-site technology adoption survey by GlobalData, a leading data and analytics company. The […]

Pharma

Farxiga’s expanded approval highlights potential to differentiate in HF space, says GlobalData

Farxiga’s (dapagliflozin) recent approvals will help a broader range of patients with heart failure (HF) in the US. Resultantly, AstraZeneca is expected to see a significant boost in its revenues. Farxiga is expected to have such a strong influence on the market due to the impressive results and valuable evidence seen in recent trials. The […]

Business Fundamentals

Discussions on strategic partnerships decreased by 39% in Q1 2023, finds GlobalData

Discussions on strategic partnerships are indicative of the imperative to proactively anticipate and respond to emerging challenges and opportunities and stay ahead of the curve in the business landscape. However, those discussions have experienced a significant decline of 39% in Q1 2023 compared to the same period in 2022, finds the Company Filings Analytics Database […]

Pharma

Novo Nordisk’s blockbuster Ozempic sales to surge by 23% in 2023, forecasts GlobalData

Novo Nordisk’s leading drug Ozempic (semaglutide) is forecast to demonstrate a growth of 23% in its sales to $12.5 billion in 2023, consolidating its position as the dominant market leader, as projected sales will be 54% greater than closest competitor Trulicity (dulaglutide) by Eli Lilly, which anticipates sales of $8 billion, says GlobalData, a leading […]

Oil & Gas

India to dominate upcoming trunk/transmission pipeline length additions in Asia by 2027, says GlobalData

India is set to dominate the trunk/transmission pipeline length additions for planned and announced projects in Asia between 2023 and 2027, contributing around 46% 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 Capital Expenditure […]

Banking

Axis Bank’s Citibank acquisition will further consolidate Indian credit card market, says GlobalData

The Indian banking space has been going through consolidation in the last five years, with an increasing number of mergers and acquisitions. The acquisition of the consumer business of Citibank by Axis Bank is the most recent one. The acquisition will result in further consolidation in the consumer banking space, especially the credit and charge […]

Medical Devices

Mobile health apps help encourage physical activity, says GlobalData

National Health and Fitness Day in Canada is quickly approaching and is encouraging Canadians to take control of their physical activity. National Health and Fitness Day is observed on June 3, 2023, and the purpose is to encourage people to get out and be active in any way they wish. Mobile health apps contribute to […]

Business Fundamentals

Hungary’s economic growth to almost stagnate in 2023, forecasts GlobalData

Hungary’s inflation rate, which reached a 26-year high in the early months of 2023, is predicted to reduce household purchasing power and affect domestic demand in the country. Moreover, the high borrowing costs will likely keep investment sentiment low. In addition, the country’s export growth is anticipated to slow in line with declining external demand. […]

Consumer

ONDC can trigger a price war in India’s ecommerce market with growing user base, says GlobalData

The Open Network for Digital Commerce (ONDC), a private non-profit ecommerce platform, has garnered a significant number of users and daily orders of consumer goods and food deliveries since its launch in 2022. However, ONDC has a long way to go to match the technological and service capabilities of industry heavyweights, such as Amazon, Flipkart, […]

Business Fundamentals

Top 25 banks revenue growth soars in 2022 despite inflation and geopolitical risks, says GlobalData

The top 25 global banks* registered revenue and total assets growth of 15.5% and 5.8%, respectively, in 2022, with most of the top players performing exceedingly well despite challenges from high inflation and the Russia-Ukraine war, says GlobalData, a leading data and analytics company. All the top 25 banks reported year-on-year growth in their revenues. […]

Pharma

Ultragenyx’s UX053 Phase I/II study termination a minor setback for mRNA therapeutics, says GlobalData

Ultragenyx has terminated its Phase I/II trial for pipeline candidate UX053, a non-vaccine mRNA therapeutic for glycogen storage disease type III, also known as Cori’s disease. The study was terminated due to reasons unrelated to safety concerns, although the specific rationale has not been disclosed by the biopharmaceutical company. mRNA therapeutics hold a lot of […]

Business Fundamentals

Asia-Pacific deal activity down by 28.3% YoY during January-April 2023, finds GlobalData

In line with the global trend, deal activity in the Asia-Pacific (APAC) region also declined year-on-year in the first four months of 2023. A total of 4,472 deals* were announced in the APAC region during January to April 2023, which represents a decline of 28.3% over 6,235 deals announced during the same period in 2022, […]

Business Fundamentals

Saudi Arabia’s economic growth to decelerate to 3.1 % in 2023, forecasts GlobalData

OPEC+ agreed to cut oil production until the end of 2023 to stabilize the market amidst an uncertain global economic outlook. The reduction in oil production is expected to have an impact on Saudi Arabia’s economy as the oil sector accounts for more than 45% of its GDP. Additionally, the slowdown in economic activities and […]

Pharma

National Lipid Day a timely reminder of dyslipidemia, says GlobalData

National Lipid Day, observed on 10 May every year creates awareness of dyslipidaemia, says GlobalData, a leading data and analytics company. Dr Shireen Mohammad, Cardiovascular & Metabolic Disorders Analyst at GlobalData, comments: “An unmet need in the dyslipidemia space is patient education and National Lipid Day is a great way to raise awareness for this […]

Pharma

GlobalData forecasts Immunogen’s Elahere sales to reach $615 million by 2029

US-based Immunogen recently announced positive top-line data from their Phase III MIRASOL trial evaluating Elahere (mirvetuximab) for the treatment of platinum-resistant ovarian cancer. The company plans to use the data to support their forthcoming supplemental Biologics Licensing Application for full FDA approval. Elahere’s sales are expected to reach $615 million by 2029, registering a 114% […]

Business Fundamentals

Global deal activity plunges by 29.9% YoY in January-April 2023, reveals GlobalData

Deal activity in the first four months of 2023 decreased in comparison to the same period in 2022, due to a decline in business activities, an increase in political and economic uncertainty globally, and volatility in financial markets. These factors may have reduced investors’ appetite for risk, making them hesitant to invest in new deals. […]

Insurance

UK motor insurance customers must switch more to combat sharp premium hikes, says GlobalData

The UK motor insurance market has witnessed a significant rise in premiums, with a 20% increase year on year till April 2023, according to a poll by One Poll for Confused.com, causing considerable concern among consumers. Low switching rates among customers is one of the contributing factors to the sharp premium hikes. Against this backdrop, […]

Business Fundamentals

Travel and Tourism sector deal activity down by 43% YoY in January-April 2023, finds GlobalData

A total of 219 deals* were announced in the global Travel and Tourism sector during January to April 2023, which is a 43% decline over 384 deals announced during the same period in 2022, finds GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Deal activity in the travel and […]

Business Fundamentals

Take-Two to release earnings on May 17: Will analyst sentiment continue to rise from 11% increase in previous earnings call?

Take-Two Interactive Software Inc (Take-Two) is scheduled to release its earnings on 17 May 2023. Analyst sentiment was up 11% in Q1 2023 over Q4 2022 with optimism around the Zynga acquisition, cost reduction initiatives, and digital net bookings, according to GlobalData, a leading data and analytics company. Gain a comprehensive understanding of Take-Two with […]

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Immuno-oncology agents to continue transforming cancer treatment landscape, says GlobalData

Mine-site investment in safety-related technologies rising, says GlobalData

Farxiga’s expanded approval highlights potential to differentiate in HF space, says GlobalData

Discussions on strategic partnerships decreased by 39% in Q1 2023, finds GlobalData

Novo Nordisk’s blockbuster Ozempic sales to surge by 23% in 2023, forecasts GlobalData

India to dominate upcoming trunk/transmission pipeline length additions in Asia by 2027, says GlobalData

Axis Bank’s Citibank acquisition will further consolidate Indian credit card market, says GlobalData

Mobile health apps help encourage physical activity, says GlobalData

Hungary’s economic growth to almost stagnate in 2023, forecasts GlobalData

ONDC can trigger a price war in India’s ecommerce market with growing user base, says GlobalData

Top 25 banks revenue growth soars in 2022 despite inflation and geopolitical risks, says GlobalData

Ultragenyx’s UX053 Phase I/II study termination a minor setback for mRNA therapeutics, says GlobalData

Asia-Pacific deal activity down by 28.3% YoY during January-April 2023, finds GlobalData

Saudi Arabia’s economic growth to decelerate to 3.1 % in 2023, forecasts GlobalData

National Lipid Day a timely reminder of dyslipidemia, says GlobalData

GlobalData forecasts Immunogen’s Elahere sales to reach $615 million by 2029

Global deal activity plunges by 29.9% YoY in January-April 2023, reveals GlobalData

UK motor insurance customers must switch more to combat sharp premium hikes, says GlobalData

Travel and Tourism sector deal activity down by 43% YoY in January-April 2023, finds GlobalData

Take-Two to release earnings on May 17: Will analyst sentiment continue to rise from 11% increase in previous earnings call?

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