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shankar besta

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  • Author: shankar besta

Scholar Rock’s apitegromab holds potential to become first myostatin inhibitor for SMA patients, says GlobalData

As part of its Q2 2024 Financial Results and Business Progress reporting, Scholar Rock disclosed new positive data from its Phase II TOPAZ trial, with results showing continued and sustained motor function over four years in non-ambulatory patients with spinal muscular atrophy (SMA) treated with apitegromab and nusinersen. The positive data lays the foundation for […]
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Sunification of cosmetics gaining traction in China, says GlobalData

The increased need for sun protection and climate adaptation is fueling the demand for suncare products in China. Consumer inclination towards a lighter skin tone in the country is a key factor enabling them to progressively choose suncare solutions, which limit discoloration and sunspots. Additionally, consumers are preferring added functionalities in cosmetics, resulting in growing […]
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Cost-of-living crisis-led shift toward cheaper options poses challenges for premium brands in home and personal care, says GlobalData

Brands across the FMCG space are experiencing new challenges and opportunities relative to regional and generational shifts in consumer attitudes regarding value for money. Although the effects of the cost-of-living crisis have lessened in many countries, many values and behaviors arising from it have stuck. The crisis has resulted in a shift in consumer preferences […]
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South Korean companies look to tap growing personalized nutrition demand in Japan, says GlobalData

Japanese consumers are increasingly interested in personalized nutrition, driven by East Asian trends, especially from South Korea. The surge in popularity is attributed to the focus on natural ingredients. South Korean health and beauty companies are strategically targeting the Japanese market to leverage this trend. With Japan’s consumer health industry projected to grow at a […]
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Florida faces staggering economic costs of $30.1 billion due to obesity, reveals GlobalData

Obesity and overweight are estimated to have caused a staggering $30.1 billion reduction in Florida’s economy in 2022, equivalent to 2.2% of the state’s gross domestic product, according to a report released by GlobalData, a leading data and analytics company. GlobalData’s report, ‘Obesity’s Impact on Florida’s Economy and Labor Force,’ analyzes the economic and workforce […]
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China to spearhead global polyethylene capacity additions through 2028, says GlobalData

China is likely to register the highest polyethylene capacity additions globally by 2028, contributing about 29% of the total capacity additions from 46 upcoming projects, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Polyethylene Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028” reveals that […]
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North America to dominate global renewable refinery capacity additions through 2028, says GlobalData

Global consumption of renewable fuels produced in refineries is increasing due to environmental concerns about fossil fuels, technological advances, and growing regulations on carbon emissions. As a result, global renewable refinery capacity additions are growing rapidly, with North America expected to drive the capacity additions among all the regions globally, says GlobalData, a leading data […]
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Southeast Asian consumers more likely to boycott brands due to geopolitical tensions, says GlobalData

Geopolitical tensions, such as the Israel–Hamas war, continue to pose a significant risk factor for brands. In the age of social media, brand boycotts over geopolitical tensions are becoming increasingly common. Moreover, Southeast consumers are more likely to boycott brands than consumers in most other markets, says GlobalData, a leading data and analytics company. Shravani […]
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Global unmanned surface vessel market to more than double to $2.5 billion by 2034, forecasts GlobalData

In recent years, a number of systems have entered the battlespace, and more than 40 countries will operate unmanned surface vessels (USVs) by 2034. The proliferation of unmanned systems in the global defense market continues to have a growing impact on the future of naval warfare, following Ukraine’s successful campaign against the Russian Black Sea […]
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AI, 3D printing, and vehicle electrification drive efficiencies in automotive manufacturing and supply chain, says GlobalData

The global automotive industry is rapidly adopting innovative technologies, ranging from robotics to the integration of artificial intelligence (AI) and machine learning, as part of the evolution of Industry 4.0. This adoption is primarily driven by the need to enhance production efficiencies and eliminate the human error factor in complex manufacturing processes. The major advancements […]
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