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Bristol Myers Squibb’s Sotyktu for psoriasis to see $2.9bn in sales by 2029, forecasts GlobalData

Bristol Myers Squibb (BMS) recently announced the European Commission approval for Sotyktu (deucravacitinib), its first-in-class, selective, allosteric tyrosine kinase 2 (TYK2) inhibitor for adults with moderate-to-severe plaque psoriasis (PsO). Representing a new class of small molecules with a unique mechanism of action, Sotyktu is set to become a blockbuster for the treatment of PsO with […]
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GlobalData reveals top ten banking and financial institutions driving social media conversations surrounding banking crisis

The ongoing banking crisis is the consequence of a dramatic increase in interest rates by central banks, particularly those in the economies of the US and the UK, in an endeavor to control inflation. Against this backdrop, GlobalData’s Social Media Analytics Platform reveals the list of top 10 banking and financial institutions that were most […]
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Reopening measures to support China’s economic rebound in 2023, forecasts GlobalData

The lifting of ‘Zero-COVID Policy’ in December 2022 is expected to drive domestic demand and accelerate economic activities in China. Coupled with this, the stable political leadership transition and institutional reforms are positive developments that could help ensure policy continuity and stability. Against this backdrop, GlobalData, a leading data and analytics company forecasts China’s economic […]
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Mentions of alternative propulsion increase significantly in company filings in Q1 2023, says GlobalData

The shift towards sustainable and eco-friendly transportation options has led to an increase in the adoption of different forms of alternative propulsion. Against this backdrop, alternative propulsions have become a more prominent topic of discussion in company filing documents in Q1 2023, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s […]
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Unipath’s homologous recombination deficiency gene panel to advance cancer genomics in India, says GlobalData

Indian firm Unipath Specialty Laboratory Limited (Unipath) recently launched a homologous recombination deficiency (HRD) gene testing panel using SOPHiA GENETICS technology. The collaboration of Sophia Genetics SA and Unipath will not only advance cancer research in India but also increase access to data-driven treatment options for cancer patients, says GlobalData, a leading data and analytics […]
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Oil and gas industry overall contract value plunges by 48% in Q1 2023, reveals GlobalData

With rising inflation and an increasing capital cost borrowing environment posing challenges for upcoming oil and gas projects, the overall oil and gas industry’s disclosed contract value saw a significant quarter-on-quarter (QoQ) decrease of 48% in Q1 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s latest report, “Oil and Gas Industry Contracts Analytics […]
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Global construction industry growth will remain sluggish in 2023, forecasts GlobalData

The global construction industry’s growth is forecast to remain sluggish in 2023, expanding by just 0.8%. Excluding China, the industry will contract by 0.1%, due to the weak economic backdrop and additional challenges specific to the global construction industry, notably high construction material costs and labor shortages, says GlobalData, a leading data and analytics company. […]
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Favorable regulatory measures to drive growth in Indian general insurance industry in 2023, says GlobalData

The general insurance industry in India is forecast to grow by 11.4% in 2023 in terms of gross written premiums (GWP), supported by strong economic growth, favorable regulatory developments, and rapid digitalization in the industry, according to GlobalData, a leading data, and analytics company. According to GlobalData, India’s general insurance industry will grow at a […]
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