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shankar besta

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Chinese companies lead ADC development pipeline, reveals GlobalData

Antibody drug conjugates (ADCs) are a rapidly growing therapeutic class, and Chinese companies are leading the ADC trend, accounting for half of the top 10 developers as they seek to capitalize on potential returns. The significant level of Chinese innovation and presence within the new cancer therapy space underlies the country’s emergence as a key […]
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Cybersecurity faces an AI challenge, says GlobalData

The cybersecurity industry faces a challenge that is anything but business as usual. The prospect of offensive attacks using artificial intelligence (AI) is prompting increases in cybersecurity budgets as organizations try to understand the impact of generative AI on their security. AI is already used for threat detection, and its greater adoption will undoubtedly help […]
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Samsung Biologics set to thrive if BIOSECURE bill passes in US, says GlobalData

The biopharmaceutical industry has been buzzing over the US government’s unveiling of the BIOSECURE bill. Introduced in the House of Representatives in January 2024, the bill mainly aims to restrict federal government funding and/or partnerships with a few Chinese companies deemed a threat to national security. Samsung Biologics, a South Korean biopharmaceutical contract development, and […]
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Neuromodulation devices for epilepsy to see steady market expansion in coming years, says GlobalData

Epilepsy, a neurological condition marked by repeated seizures, impacts millions globally. Though pharmaceuticals have traditionally been the mainstay of treatment, the realm of epilepsy care is evolving, with neuromodulation devices introducing promising innovations. As a result, the neuromodulation devices market is forecast to see a steady expansion in the coming years, according to GlobalData, a […]
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Immunovia’s pancreatic cancer test to further boost IVD’s role in early disease detection, says GlobalData

Immunovia, a Swedish molecular diagnostics company specializing in early cancer detection, announced promising results for its latest pancreatic cancer diagnostic test in a clinical trial. With the demand for early disease diagnosis and a transformative shift towards accuracy and efficiency in In Vitro Diagnostics (IVD), Immunovia’s new test contributes to the sector’s increasingly crucial role […]
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Growing preference for plant-based diets in Malaysia fuels dairy-free innovations, says GlobalData

There is a multitude of reasons why consumers opt for plant-based food and drinks, including dietary restrictions like allergies, adherence to vegan or vegetarian diets, or health considerations, which are pivotal to product innovations, given the positive perception of dairy-free alternatives. As a result, dairy-free innovations are on the rise in Malaysia, says GlobalData, a […]
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APAC automotive turbochargers market to decline at 2% CAGR over 2023-28, forecasts GlobalData

As emission standards have become more stringent globally, such as with the introduction of Euro 6 standards, manufacturers of passenger cars and commercial vehicles are focusing on implementing more fuel efficiency and complying with emission-standard engines, resulting in increased demand for turbocharger technology. However, the growth of electric vehicles (EVs) is significantly reducing the demand […]
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CRM platforms take center stage with Salesforce leading discussions on Reddit, reveals GlobalData

Customer Relationship Management (CRM) platforms are revolutionizing the way companies engage with their clients by improving communication channels and optimizing business processes, thereby enhancing overall productivity and customer satisfaction. In Q1 2024, Salesforce Inc occupied the first position among the top 5 most mentioned CRM platforms on Reddit, according to the report “Popular CRM Platforms […]
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APAC automotive roof systems market to grow at CAGR of 2.9% over 2023-28, forecasts GlobalData

The demand for luxury vehicles with cutting-edge roof systems is projected to increase due to shifting lifestyle trends and rising disposable income among consumers. It is anticipated that the enforcement of stringent regulations concerning vehicle safety standards and emissions control will also propel the uptake of lightweight and efficient roof systems. Against this backdrop, the […]
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Houlihan Lokey and Lazard top M&A financial advisers in automotive sector during Q1 2024, reveals GlobalData

Houlihan Lokey and Lazard were the top mergers and acquisitions (M&A) financial advisers in the automotive sector during the first quarter (Q1) of 2024 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that Houlihan Lokey […]
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Biohaven’s Taldefgrobep alfa could target broad SMA patient population, says GlobalData

At the American Academy of Neurology (AAN) 2024 Annual Meeting, Biohaven presented its Phase III RESILIENT (NCT05337553) trial design, which investigates the efficacy and safety of taldefgrobep alfa in patients with spinal muscular atrophy (SMA). Taldefgrobep alfa is a myostatin inhibitor in development as an adjunctive therapy alongside marketed therapies to offer symptomatic relief to […]
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