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Following the news that the National Institute for Health and Care Excellence (NICE) is not recommending Eli Lilly’s anti-amyloid beta (Aβ) monoclonal antibody (mAb) Kisunla (donanemab) on the NHS following its approval by the Medicines and Healthcare products Regulatory Agency (MHRA) for the treatment of patients with mild cognitive impairment (MCI) or mild Alzheimer’s disease […]
Global VR market will hit $57 billion by 2030, forecasts GlobalData
Virtual reality (VR) is a niche technology with gaming, entertainment, and professional training applications. Despite the challenges that will limit the adoption of VR technology, the global VR market is forecast to grow from $11 billion in 2023 to $57 billion* by 2030, registering a compound annual growth rate (CAGR) of 26% over the period, […]
India’s sustainable eating habits offer glimmer of hope to mitigate climate change, says GlobalData
Sustainable eating encompasses of practices such as minimizing food waste, prioritizing plant-based diets, and consuming locally sourced foods. India is known for its extensive history of vegetarian diets. As the world grapples with the urgent need to address climate change, India’s sustainable eating habits offer a glimmer of hope to address the heightened ecological concerns, […]
Non-alcoholic beverage brands dominate sport sponsorship in Americas with soccer deals, reveals GlobalData
The non-alcoholic beverages sector continues to be one of the most active sectors globally in sports sponsorship. Some of the world’s most recognizable beverage companies, including PepsiCo and Coca-Cola, dominate the sport sponsorship in the Americas, with soccer deals accounting for over 40% of the total deal volume in 2024, reveals GlobalData, a leading data […]
Growing health consciousness drive Japanese consumers to embrace low-alcohol beverages, reveals GlobalData
Japanese consumers are experiencing a burgeoning interest in low-alcohol beverages, marking a significant shift in preferences driven by health consciousness and a desire for more mindful drinking choices. The rising adoption of low-alcohol beverages reflects a notable change from conventional drinking practices, says GlobalData, a leading data and analytics company. Shravani Mali, Consumer Analyst at […]
Zuranolone to face challenges in Japan’s MDD market despite demonstrating rapid onset of action, says GlobalData
In September 2024, Shionogi & Co., Ltd submitted a New Drug Application (NDA) in Japan for zuranolone, a gamma aminobutyric acid (GABA) type A receptor subunit agonist in development for major depressive disorder (MDD). Despite its rapid onset of action, zuranolone is expected to face challenges in Japan’s MDD market due to its severe side […]
India to spreadhead global PVC capacity additions through 2028, says GlobalData
India is likely to register the highest polyvinyl chloride (PVC) capacity additions globally by 2028, contributing about 29% of the total capacity additions from upcoming planned and announced projects, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Polyvinyl Chloride (PVC) Industry Capacity and Capital Expenditure Forecasts with Details of All Active […]
Goldman Sachs and Houlihan Lokey top M&A financial advisers in technology, media and telecom sector during Q1-Q3 2024, reveals GlobalData
Goldman Sachs and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the technology, media and telecom sector during the first three quarters (Q1-Q3) of 2024 by value and volume, respectively, according to the latest Financial Advisers League Table, which ranks financial advisers by the value and volume of mergers and acquisition […]
Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis top M&A legal advisers in technology, media and telecom sector during Q1-Q3 2024, reveals GlobalData
Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the technology, media and telecom sector during the first three quarters (Q1-Q3) of 2024 by value and volume, respectively, according to the latest Legal Advisers League Table, which ranks legal advisers by the value and […]
Opioid addiction market to reach $2.4 billion in 8MM by 2033, forecasts GlobalData
The opioid addiction market across the eight major markets (8MM*) is poised to grow at a compound annual growth rate (CAGR) of 1.8% from $2.0 billion in 2023 to $2.4 billion in 2033, according to GlobalData, a leading data and analytics company. GlobalData’s latest report “Opioid Addiction: Opportunity Assessment and Forecast,” reveals that growth will […]
Hurricane Helene and Milton damages will significantly impact profitability of US insurers, says GlobalData
Recent hurricanes Helene and Milton that have struck the US resulted in widespread devastation, claiming hundreds of lives and causing huge property damages. Hurricane Helene, which struck Florida’s Big Bend region as a Category 4 storm on September 26, 2024, resulted in catastrophic flooding throughout Florida, North Carolina, South Carolina, Georgia, and Ohio. The parts […]
Top 25 global banks navigate market shifts with 4% gain in MCap in Q3 2024, reveals GlobalData
Royal Bank of Canada and Bank Central Asia stocks see over 15% growth JPMorgan Chase remains top of the chart for the tenth consecutive quarter US-based securities broker-dealer Charles Schwab loses 12% market value The aggregate market capitalization (MCap) of the top 25 global banks went up by 4% to $4.27 trillion quarter-on-quarter (QoQ) during […]
Malaysia general insurance industry to reach $6.8 billion by 2028, forecasts GlobalData
Malaysia’s general insurance industry is forecasted to grow at a compound annual growth rate (CAGR) of 7.8% from MYR22.6 billion ($5 billion) in 2024 to MYR30.5 billion ($6.8 billion) in 2028, in terms of direct written premiums (DWP), according to GlobalData, a leading data and analytics company. According to GlobalData’s Insurance Database, the general insurance […]
Influencers embrace Adobe Firefly as game-changer in video creation with AI, reveals GlobalData
Adobe’s introduction of the Firefly Video Model at MAX 2024 has created significant buzz among influencers. This new tool, which integrates AI-driven enhancements into video editing, offers capabilities such as text-to-video and image-to-video generation with an emphasis on seamless and coherent results. Influencers are expressing considerable enthusiasm regarding Adobe Firefly’s capacity to streamline video production, […]
Premiumization trend reshapes consumer beauty preferences in APAC, says GlobalData
Rising consumer disposable income coupled with the increasing consumer inclination towards high quality ingredients in products is creating demand for premium and ultra-premium products in the Asia-Pacific (APAC). Consumers, especially older ones, are seeking luxury goods to get a superior experience. Moreover, the growing consumer preferences for a healthy grooming routine are enabling them to […]
Goldman Sachs and Rothschild & Co top M&A financial advisers in South & Central America during Q1-Q3 2024, finds GlobalData
Goldman Sachs and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the South & Central American region during the first three quarters (Q1-Q3) of 2024 by value and volume, respectively, according to the latest Financial Advisers League Table, which ranks legal advisers by the value and volume of mergers and […]
Clifford Chance and Skadden, Arps, Slate, Meagher & Flom top M&A legal advisers in South & Central America during Q1-Q3 2024, finds GlobalData
Clifford Chance and Skadden, Arps, Slate, Meagher & Flom were the top mergers and acquisitions (M&A) legal advisers in the South & Central American region during the first three quarters (Q1-Q3) of 2024 by value and volume, respectively, according to the latest Legal Advisers League Table, which ranks legal advisers by the value and volume […]
Johnson & Johnson’s subcutaneous Tremfya holds potential to set new standard in Crohn’s disease treatment, says GlobalData
Johnson & Johnson‘s subcutaneous (SC) Tremfya (guselkumab) demonstrated strong results in the Phase III GRAVITI trial, marking a major breakthrough in the treatment of Crohn’s disease (CD). This patient-friendly regimen could enhance patient autonomy, improve adherence, and lead to better outcomes. The GRAVITI results position guselkumab as a significant new option in CD, says GlobalData, […]
Legaltech will augment lawyers’ capabilities but not replace them, says GlobalData
Traditionally, law firms have been wary of adopting technologies that could compromise data privacy and legal accuracy; however, attitudes are changing Despite concerns about technology replacing humans in the legal sector, legaltech is more likely to augment the legal profession than replace it entirely Generative AI will accelerate digital transformation in the legal sector Legaltech […]
UNI-494 trial results highlight Unicycive’s potential to differentiate in AKI space, says GlobalData
Unicycive Therapeutics recently announced positive results from its Phase I trial of UNI-494, showing that the drug’s use was observed to be safe and well-tolerated in both single ascending and multiple ascending doses. The trial results also showed that UNI-494 absorption was fast, rapidly metabolized, and plasma concentration increases when dose increases. The drug potentially […]