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shankar besta

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  • Author: shankar besta

Investors continue to remain selective in funding CGT companies, says GlobalData

Investment for companies developing cell and gene therapies (CGTs) was discussed during the Genscript Biotech Global Forum London 2024 conference held on 20 November 2024. Following a sharp drop in CGT investment in 2022, trends suggest that CGT investment is currently undergoing a “renormalization”, commented speakers Josh Resnik, senior managing director at RA Capital Management, […]
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Demand for organic baby food gaining traction in India, says GlobalData

The demand for organic and more nutritious food options is increasing in the Indian baby food sector, especially from the country’s growing middle class. Increasing awareness regarding the importance of nutrition in the child’s development and concerns over food safety have heightened the sensitivity towards product quality. Indian parents, with increasing disposable income, are willing […]
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APAC automotive non-traction electric motors market to grow at 1.6% CAGR over 2024-29, forecasts GlobalData

The growth of the non-traction electric motors market in the Asia-Pacific (APAC) region is driven by factors such as rising consumer demand for premium features and technological advancements. These factors, along with expanding automotive industries, are accelerating the adoption of non-traction electric motors in the region. Against this backdrop, the APAC non-traction electric motors market […]
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Agentic AI fuels next wave of enterprise automation, says GlobalData

As enterprises seek to scale and innovate in an increasingly complex digital landscape, Agentic AI is emerging as a transformative force, redefining the boundaries of automation. From intelligent decision-making to real-time adaptability, this cutting-edge technology is reshaping industries like healthcare, banking, financial services, and insurance (BFSI), energy, and retail, according to GlobalData, a leading data […]
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Canada general insurance industry to surpass $90 billion by 2029, forecasts GlobalData

The Canadian general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.0% from CAD86.75 billion ($65.12 billion) in 2024 to CAD115.82 billion ($90.07 billion) in 2029, in terms of gross written premiums (GWP), forecasts GlobalData, a leading data and analytics company. GlobalData’s Insurance Database indicates that the general insurance industry in […]
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Toripalimab to fortify Dr. Reddy’s oncology portfolio as first checkpoint inhibitor for NPC in India, says GlobalData

Dr. Reddy’s Laboratories has recently become the first Indian company to launch checkpoint inhibitor Zytorvi (toripalimab) in collaboration with Shanghai Junshi Biosciences.  Zytorvi is a pioneering immuno-oncology therapy for recurrent or metastatic nasopharyngeal carcinoma (RM-NPC). This marks a transformative moment, bringing a next-generation PD-1 inhibitor to India and addressing significant unmet medical needs. With the […]
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APAC automotive auxiliary battery market to decline at negative CAGR of 1.9% over 2024-29, forecasts GlobalData

Driven by its status as the world’s largest automotive hub, the Asia-Pacific (APAC) region leads the lead-acid auxiliary batteries market in terms of volume, with India and China being the dominant markets. However, as electric vehicles (EVs) continue to gain popularity worldwide, the demand for internal combustion engine (ICE) cars is anticipated to decline, which […]
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Zendesk Talk Partner Edition for RingEX appealing but not game-changing, says GlobalData

RingCentral’s brand-new addition to its contact center capabilities is Zendesk Talk Partner Edition for RingEX, which integrates Zendesk’s customer contact platform with RingCentral’s RingEX employee communications platform. The offer leverages artificial intelligence (AI) to provide greater detail and insight regarding customer calls. While the new launch marks progress for RingCentral on the contact center front, […]
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Vizient contract for Seno Medical’s hybrid imaging technology to help transform breast cancer diagnosis, says GlobalData

In November 2024, Seno Medical secured an Innovative Technology contract from Vizient for its Imagio breast imaging system, a breakthrough device designed to enhance the diagnostic process for breast cancer. The system combines opto-acoustic and ultrasound imaging to provide real-time, non-invasive insights into breast masses, aiming to reduce the need for invasive biopsies. A contract […]
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Influencer sentiment on Trump’s proposed tariffs reveals deep divisions and economic uncertainty, reveals GlobalData

Discussions on X regarding tariffs proposed by US President-elect Donald Trump intensified between 20 November and 5 December 2024, with a focus on two distinct policy proposals. One proposal involved a 25% tariff on goods from Canada and Mexico, conditional upon their actions against illegal immigration and fentanyl trafficking. The second proposal is a 100% […]
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