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shankar besta

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  • Author: shankar besta

APAC EV infrastructure market to expand at 13.5% CAGR over 2024-29, forecasts GlobalData

Governments worldwide currently face the challenge of creating the strong infrastructure required to accelerate the shift toward electric vehicles (EVs). The Asia-Pacific (APAC) region is experiencing significant growth in this area, with China leading as a major EV market and boasting an extensive infrastructure. Government agencies and private entities in other nations in the region, […]
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Epigenetic drugs witness 375% growth in series A venture financing in 2024YTD, reveals GlobalData

Advances in gene editing, such as the FDA approval of Vertex Pharmaceuticals’ Casgevy (exagamglogene autotemcel) in December 2023 for the treatment of beta thalassemia and sickle cell disease, have fueled significant interest in innovative epigenetic drugs. Against this backdrop, the total value of series A venture financing for epigenetic drugs almost doubled from $172 million […]
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APAC automotive glazing market to expand at 1.4% CAGR over 2024-29, forecasts GlobalData

As the automotive industry progresses with technological advancements, enhancing vehicle performance and efficiency, customers increasingly demand superior driving comfort. This shift has heightened the importance of the automotive glazing segment, especially in the Asia-Pacific (APAC) region, where hot summer climates and dense traffic conditions are common. Moreover, the critical nature of road safety, particularly during […]
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A schizophrenia win for BMS’s Cobenfy, but challenges lie ahead, says GlobalData

Bristol Myers Squibb (BMS) has recently secured approval from the US FDA for Cobenfy (xanomeline and trospium chloride) for the treatment of adults with schizophrenia. Cobenfy has a mechanism of action (MOA) distinct from traditional antipsychotics. However, as the drugs most widely used to treat schizophrenia are inexpensive, genericized atypical antipsychotics, the schizophrenia market is […]
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Adaptive deep brain stimulation holds potential to transform Parkinson’s disease treatment, says GlobalData

Two recent UC San Francisco studies have shown that adaptive deep brain stimulation (aDBS) offers personalized, 24/7 care for Parkinson’s disease through an implanted device. Unlike regular DBS, which delivers constant pulses, aDBS uses AI to monitor brain activity and adjust treatment based on symptom fluctuations. This marks a major advancement in the management of […]
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Fungi-based food surge in Australia marks new era for sustainable eating, says GlobalData

The surging consumer demand for sustainable, plant-based, and alternative protein sources has sparked a notable upswing in the availability of fungi-based food products in Australia. With a growing emphasis on environmental consciousness and health benefits, fungi-based products are emerging as a significant trend in the food industry, offering nutritious and eco-friendly alternatives to traditional meat […]
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Non-opioid medications for addiction treatment remain key unmet need in OUD market in 8MM, reveals GlobalData

Opioid Use Disorder (OUD) is a chronic neurological disorder that is described as the consequences associated with repeated, compulsive use of opioid drugs and prolonged self-administration of opioid drugs. In August 2024, 110 high-prescribing psychiatrists, addiction specialists, neurologists, and primary care physicians from eight major markets (8MM*) were surveyed by GlobalData on the key unmet […]
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Foodservice operators need to navigate challenges in leveraging technology to improve customer experience, says GlobalData

Given the changing operational dynamics and the squeeze on profits, foodservice operators are increasingly leveraging technology to enhance operational efficiency while striving to maintain a personal touch in customer service. While technology can significantly enhance operational efficiency and customer experience in the foodservice industry, operators must navigate challenges related to maintaining personal service, integrating data, […]
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Sustainability and social media engagement key for retailers to attract Gen Z and Gen Alpha consumers, says GlobalData

Retailers must emphasize their sustainability credentials and social media engagement to better cater to the younger generations and capitalize on their growing influence on retail market trends, according to GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, “Demographics in Retail and Apparel,” highlights the differing expectations of younger consumers, particularly when it […]
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Innovative AI partnerships redefine healthcare delivery, says GlobalData

As artificial intelligence (AI) continues to progress, it is increasingly becoming a key element of modern healthcare systems, enabling clinicians to offer more personalized care while alleviating the pressure on overworked healthcare staff. Recent collaborations and initiatives in the industry showcase how AI is being integrated into both clinical and administrative processes. From enhancing bedside […]
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