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Pharma

FDA rejection to dent mirikizumab’s chances to become first-to-market IL-23 inhibitor therapy for ulcerative colitis in US, says GlobalData

The FDA recently rejected Eli Lilly’s biologic license application (BLA) for their anti-interleukin (IL) -23, mirikizumab, which is in development for the treatment of ulcerative colitis (UC). This news will likely delay mirikizumab’s entry into the US market as it will inevitably fall behind competitors, which are aiming to enter the UC market during 2021-31, […]

Insurance

Property insurers in France will see continued losses over next five years, forecasts GlobalData

The property insurance business is expected to remain a loss-making line for French insurers over the next five years, with a loss ratio (ratio of incurred losses to earned premiums) exceeding 85% during 2023-2027, forecasts GlobalData, a leading data and analytics company. According to GlobalData, property insurance in France suffered losses during 2018-22, with loss […]

Automotive

Volkswagen EV battery gigafactory in Ontario will strengthen its vertical integration plans, says GlobalData

Following the news that the Canadian Federal Government and Volkswagen have agreed to invest more than $14.8bn for the construction of a battery gigafactory in Ontario; Lucy Tripathi, Automotive Senior Analyst at GlobalData, offers her view: “Volkswagen is the second largest automaker in the world and the battery cell business is one of its new […]

Consumer

Singapore’s race to become global alternative proteins hub to spur domestic meat substitutes sales, says GlobalData

Singapore has emerged as the leading innovation hub for alternative proteins in the Asia-Pacific, aided by government policy support. The city-state has also become one of the most promising markets for meat substitutes in the ASEAN region. As a result, Singapore’s meat substitutes sales will rise at a 7% compound annual growth rate (CAGR) over […]

Medical Devices

Tissue engineered skin substitutes market to reach $3 billion by 2033, forecasts GlobalData

Tissue engineered skin substitutes (TESSs) have widespread uses in wound care for treating skin defects and injuries, primarily burns and chronic wounds like leg and diabetic foot ulcers. These products supplement or replace damaged skin by providing a scaffold for new tissue growth and have shown decreased rates of infection, enhanced cosmetic outcomes, and long-lasting […]

Medical Devices

Telemedicine and RPM markets will continue to expand in coming years, says GlobalData

The market for telemedicine and remote patient monitoring (RPM) has been rapidly expanding, driven by the COVID-19 pandemic and the need for remote healthcare delivery. RPM devices are estimated to grow to a market value of $1.2 billion by 2025, while the market for telemedicine is projected to reach $185.6 billion by 2026, according to […]

Retail

The recent collapses of Cudoni and Dotte should act as a warning to resale players to find profitable revenue streams, says GlobalData

Following this week’s news that resale specialists Cudoni and Dotte have collapsed; Louise Deglise-Favre, Apparel Analyst at GlobalData, offers her view: “The collapse of luxury accessories resale specialist Cudoni the day after childrenswear resale platform Dotte permanently closed its marketplace, should come as a warning sign to other resale platforms. While GlobalData predicts that the […]

Consumer

Singapore’s unique coffee culture attracting producers and café operators worldwide, says GlobalData

Singapore is a unique coffee market given that it is a major coffee bean producer and exporter, a global coffee trading hub for the Southeast Asian region, and home to a distinctive café culture. The coffee market growth has gained pace, spurred by the proliferation of coffee roasters and cafés over the last decade, and […]

Oil & Gas

Iran to dominate methanol capacity additions in Middle East through 2027, forecasts GlobalData

Iran is set to register the highest methanol capacity additions in the Middle East, contributing about 94% of the region’s capacity additions by 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Methanol Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries Including Details of All Active Plants, Planned […]

Business Fundamentals

White & Case top M&A legal adviser in construction sector in Q1 2023, finds GlobalData

White & Case was the top mergers and acquisitions (M&A) legal adviser in the construction sector in Q1 2023 by both value and volume, according to the latest legal advisers league table by GlobalData, which ranks legal advisers by the value and volume of M&A deals on which they advised. Based on its Financial Deals […]

Business Fundamentals

Lazard and Deloitte top M&A financial advisers by value and volume in construction sector in Q1 2023, finds GlobalData

Lazard and Deloitte were the top mergers and acquisitions (M&A) financial advisers in the construction sector in Q1 2023 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised. Based on its Financial Deals […]

Consumer

Social media throws up new challenges for hot drinks companies in India, says GlobalData

The healthy living trend has gained traction in India due to the COVID-19 pandemic, and consumers have become more choosy about what they consume. While choosing other hot drinks products such as chocolate-based hot drinks and malt-based hot drinks, consumers are looking for health claims such as “low-sugar” and “immunity-boosting” for better health. Discussions on […]

Strategic Intelligence

TSMC facing cyclical headwinds, but its long-term outlook looks bright, says GlobalData

Following the news that TSMC reported solid Q1 2023 results; Josep Bori, Thematic Research Director at GlobalData, offers his view: “TSMC’s Q1 2023 results were mixed due to a significant deceleration since last December due to cyclical headwinds. Despite the Q2 guidance implying a revenue decline of 11% year over year, its long-term outlook looks […]

Banking

Alternative payments account for over 40% of e-commerce payments in Hong Kong, reveals GlobalData

Alternative payment solutions are the preferred payment method for e-commerce purchases in Hong Kong (China SAR), collectively accounting for a 43.3% share in 2022, finds GlobalData’s 2022 Financial Services Consumer Survey*. GlobalData’s E-Commerce Analytics reveal that the e-commerce market in Hong Kong grew by 13.7% in 2022 to reach HKD203.7 billion ($26.1 billion), as an […]

Retail

Retailers must focus on pricing ahead of Eid to appeal to younger cash-strapped consumers, says GlobalData

Ramadan started on 22 March and is expected to end around 20 April, but how UK consumers will celebrate Eid will be affected as they continue to feel the pinch of the cost-of-living crisis. As a result of lower discretionary incomes among young consumers, and Eid being impacted by the cost-of-living crisis, retailers must focus […]

Pharma

Novel pipeline therapies to drive ulcerative colitis market across 8MM to $9.6 billion by 2031, forecasts GlobalData

The ulcerative colitis (UC) market across the eight major markets (8MM*) is forecast to grow at a compound annual growth rate (CAGR) of 2.8% from $7.2 billion in 2021 to $9.6 billion in 2031, driven by the potential introduction of 11 promising late-stage pipeline products and an increase in the prevalent patient population, according to […]

Business Fundamentals

ARC Group and UBS top M&A financial advisers in South & Central America in Q1 2023

ARC Group Limited and UBS were the top mergers and acquisitions (M&A) financial advisers in the South & Central American region for Q1 2023 by value and volume, respectively, according to the latest Financial Advisers League Table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised. […]

Business Fundamentals

Pinheiro Neto Advogados and Bronstein, Zilberberg, Chueiri & Potenza Advogados top M&A legal advisers in South & Central America in Q1 2023

Pinheiro Neto Advogados and Bronstein, Zilberberg, Chueiri & Potenza Advogados were the top mergers and acquisitions (M&A) legal advisers in the South & Central American region in Q1 2023 by value and volume, respectively, according to the latest Legal Advisers League Table by GlobalData, which ranks legal advisers by the value and volume of M&A […]

Strategic Intelligence

ASML holds steady despite growing uncertainly around US export bans and the economy, says GlobalData

Following the news that ASML reported strong Q1 2023 results; Josep Bori, Thematic Research Director at GlobalData, a leading data and analytics company, offers his view: “ASML’s Q1 2023 results and outlook were strong, despite the growing uncertainty caused by bans on chip technology exports to China and the overall tech sector backdrop, including softening […]

Business Fundamentals

Top 25 global retailers see $270 billion gain in cumulative valuation in Q1 2023, finds GlobalData

The retail industry is poised for growth in 2023, even as soaring inflation, supply chain disruptions, and interest rate hikes pose challenges. As a result, the global top 25 retailers by market capitalization (MCap) witnessed an 8% growth in their cumulative valuation in Q1 2023, finds GlobalData, a leading data and analytics company. According to […]

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FDA rejection to dent mirikizumab’s chances to become first-to-market IL-23 inhibitor therapy for ulcerative colitis in US, says GlobalData

Property insurers in France will see continued losses over next five years, forecasts GlobalData

Volkswagen EV battery gigafactory in Ontario will strengthen its vertical integration plans, says GlobalData

Singapore’s race to become global alternative proteins hub to spur domestic meat substitutes sales, says GlobalData

Tissue engineered skin substitutes market to reach $3 billion by 2033, forecasts GlobalData

Telemedicine and RPM markets will continue to expand in coming years, says GlobalData

The recent collapses of Cudoni and Dotte should act as a warning to resale players to find profitable revenue streams, says GlobalData

Singapore’s unique coffee culture attracting producers and café operators worldwide, says GlobalData

Iran to dominate methanol capacity additions in Middle East through 2027, forecasts GlobalData

White & Case top M&A legal adviser in construction sector in Q1 2023, finds GlobalData

Lazard and Deloitte top M&A financial advisers by value and volume in construction sector in Q1 2023, finds GlobalData

Social media throws up new challenges for hot drinks companies in India, says GlobalData

TSMC facing cyclical headwinds, but its long-term outlook looks bright, says GlobalData

Alternative payments account for over 40% of e-commerce payments in Hong Kong, reveals GlobalData

Retailers must focus on pricing ahead of Eid to appeal to younger cash-strapped consumers, says GlobalData

Novel pipeline therapies to drive ulcerative colitis market across 8MM to $9.6 billion by 2031, forecasts GlobalData

ARC Group and UBS top M&A financial advisers in South & Central America in Q1 2023

Pinheiro Neto Advogados and Bronstein, Zilberberg, Chueiri & Potenza Advogados top M&A legal advisers in South & Central America in Q1 2023

ASML holds steady despite growing uncertainly around US export bans and the economy, says GlobalData

Top 25 global retailers see $270 billion gain in cumulative valuation in Q1 2023, finds GlobalData

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