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shankar besta

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California faces staggering economic costs of $89.5 billion due to obesity, reveals GlobalData

Obesity and overweight are estimated to have caused a staggering $89.5 billion reduction in California economy in 2022, equivalent to 2.5% 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 California’s Economy and Labor Force,’ analyzes the economic and workforce […]
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CAR T-cell assets for SLE and LN diseases hold potential for growth with China emerging as key player, says GlobalData

At the recent European Alliance of Associations for Rheumatology (EULAR) 2024 conference, industry sponsors presented preliminary data from ongoing, early-stage clinical trials evaluating CAR T-cell assets in autoimmune diseases, including systemic lupus erythematosus (SLE) and lupus nephritis (LN). While the overall results gave early indications of the potential ability of CAR T-cell assets in achieving […]
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GlobalData’s Technology Foresights reveals surge in AI activity in luxury goods industry to transform personalization

Artificial Intelligence (AI) has induced a fresh wave of technological advancement, prompting businesses across various sectors to intensify their efforts to integrate AI capabilities into their products and services. As the industry grapples with the interpretation of new AI regulations, such as the EU AI Act, investments in AI—particularly in generative AI—are steadily increasing. Even […]
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Success of resellers in enterprise telecoms market underlines need for smart segmentation, says GlobalData

An analysis of the US reseller market illustrates that enterprise telecoms service providers worldwide need to embrace smarter customer segmentation. About 1,800 significant resellers in the US account for as much as 20% of the enterprise telecoms market. Their intensely customer-focused approach means that all service providers need to get smart in their market segmentation, […]
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Mental wellbeing top concern for nearly three quarters of consumers globally, urging insurers to prioritize mental health support, says GlobalData

Concerning levels of mental wellbeing have been identified among selected countries, underscoring the need for intervention and attention in this critical area. This emphasizes the role of insurers and employers in addressing these concerns to enhance overall consumer wellbeing. Nearly three quarters of consumers globally see mental wellbeing as their top concern, according to a […]
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Bayer’s BAY2927088 to face intense competition in EGFR-mutant but limited competition in HER2-exon 20 mutant NSCLC market in China, says GlobalData

Bayer AG’s BAY2927088 recently received the Breakthrough Therapy designation from the Center for Drug Evaluation (CDE) of the National Medical Products Administration (NMPA) in China. Following approval, BAY2927088 is expected to face intense competition in the epidermal growth factor receptor (EGFR)-mutant non-small cell lung cancer (NSCLC) but limited competition in the human epidermal growth factor […]
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Vertex could solidify dominance in cystic fibrosis market with vanza triple approval, says GlobalData

With the submission of regulatory marketing applications for its once-daily vanzacaftor triple, also known as the vanza triple program (vanzacaftor/tezacaftor/deutivacaftor) with the European Medicines Agency (EMA) and the US FDA, Vertex Pharmaceuticals is expected to hold its lead in the development of therapies for the treatment of cystic fibrosis (CF). Approval and success of vanza […]
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Prachand LCH procurement to propel India’s quest for indigenization of defense manufacturing, says GlobalData

The Indian Ministry of Defence (MoD) issued a Request for Proposal (RFP) to Hindustan Aeronautics Limited (HAL) for the acquisition of 156 Prachand Light Combat Helicopters (LCH), which will cost the country’s exchequer about $5.4 billion. This procurement holds paramount importance in India’s quest for self-reliance in defense manufacturing and is expected to boost the […]
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