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shankar besta

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  • Author: shankar besta

Inflation and declining FDA drug approvals will pose challenges for pharma contract manufacturers in 2023, says GlobalData

Pharma manufacturers will be challenged by the effects of high inflation and declining FDA drug approvals in 2023. Pharmaceutical companies have a high tendency to outsource the finished dose manufacture of new molecular entities (NME). A sharp decrease in FDA approvals of the most innovative drugs in 2022 will directly reduce commercial-scale production contracts in […]
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Indian Navy acquisition of patrol and missile vessels will help enhance self-reliance in defense manufacturing, says GlobalData

The Indian Navy recently signed multiple contracts worth approximately $2.4 billion (Rs 19,600 crore) with domestic companies to acquire eleven Next Generation Offshore Patrol Vessels (NGOPVs) and six Next Generation Missile Vessels (NGMVs), as part of its ongoing fleet modernization plans. In addition to enhancing the navy’s combat capability, these programs will also facilitate the […]
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Jyseleca safety data will allow Galapagos to build up therapy’s position in crowded UC market, says GlobalData

Following the news that Galapagos presented new efficacy and safety data of Jyseleca (filgotinib) 200mg (FIL200) therapy for the treatment of patients with ulcerative colitis (UC) being assessed in the continuing SELECTION long term extension (LTE) study: Ramla Salad, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “The encouraging SELECTION […]
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Next-gen enterprise tech investments give Gulf telcos new lease of life, says GlobalData

Major Gulf telecom operators in the Middle East have gained a new lease of life by actively investing in in-house enterprise technology expertise through both partnerships and acquisitions of start-ups, according to research conducted by GlobalData, a leading data and analytics company. Ismail Patel, Research Analyst at GlobalData, comments: “A recurring feature across all operators […]
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HSBC acquisition of SVB UK may pave way for new opportunities in biotech sector, finds GlobalData

HSBC’s acquisition of Silicon Valley Bank UK following the collapse of its parent company Silicon Valley Bank may result in new opportunities for biopharmaceutical companies, says  GlobalData, a leading data and analytics company. According to GlobalData’s Pharma Intelligence Center Deals Database, SVB Financial Group and its subsidiaries were involved in over $1.4 billion in total […]
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Regenerative medicine displays new focus on VEGF target, says GlobalData

Regenerative medicines in early-stage development have seen a change in drug targets compared to therapies in late-stage development. Early-stage therapies are now focused on vascular endothelial growth factor (VEGF) as the top drug target, with three drugs currently in development, according to GlobalData, a leading data and analytics company. Regenerative medicine is an approach to […]
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First new NHS treatment for incurable cervical cancer since 2009 becomes accessible, says GlobalData

Following the news that the National Institute for Health and Care Excellence (NICE) has recommended the first new treatment for incurable cervical cancer in 14 years; James Donagher, Oncology & Hematology Analyst at GlobalData, offers his view: “NICE has recommended Merck’s Keytruda (pembrolizumab) in combination with chemotherapy for use in patients with persistent, recurrent, or […]
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Philippines hot drinks sales to rise by 7.9% CAGR through 2027 aided by hospitality sector’s revival, says GlobalData

The Philippines’ hot drinks sector is set to witness premiumization, spurred by product innovations by leading companies and the recovery of the hospitality industry. As the cost-of-living crisis subsides and the economy recovers, more Filipinos will go for specialty tea and coffee. As a result, the Philippines hot drinks sales are projected to reach PHP147.8 […]
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Maritime exercises with US will help Japan enhance deterrence against China and North Korea, says GlobalData

Following the news that the Japanese Maritime Self-Defense Force (JMSDF) Hyuga-class destroyer conducted maritime bilateral exercise with the US Navy’s carrier strike group; Kandlikar Venkatesh, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The maritime drills with the Hyuga-class helicopter carrier will assist the JMSDF in preparing for the F-35B’s […]
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ST Engineering bags estimated $1.2 billion deal to build multirole combat vessels for Singapore Navy, says GlobalData

Following the announcement of the new contract signed between Singapore and ST Engineering to build multirole combat vessels; Akash Pratim Debbarma, Defense Analyst at GlobalData, offers his view: “The contract is part of the modernization of the Armed Forces of Singapore to secure its maritime boundaries and sovereignty. The country plans to replace its current […]
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