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Biotech trailblazers pushing boundaries with novel discoveries, says GlobalData

In the dynamic field of biotechnology (biotech), transformative technologies like AI-driven drug discovery, advanced sequencing, and brain-computer interfaces are revolutionizing healthcare and research. These innovations are enhancing medical efficiency and enabling more tailored and effective treatments, says GlobalData, a leading data and analytics company. Kiran Raj, Practice Head of Disruptive Tech at GlobalData, comments: “AI […]
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Ractigen’s RAG-01 becomes second saRNA drug globally to advance to clinical stage, says GlobalData

Ractigen Therapeutics, headquartered in China, submitted a clinical trial application for RAG-01 in Australia. This application paves the way for Phase I trial of RAG-01 in patients with non-muscle-invasive bladder cancer (NMIBC) who have not responded to Bacillus Calmette-Guérin (BCG) therapy, making it globally the second saRNA drug to advance into the clinical stage, says […]
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APAC automotive vehicle access market to expand at 5.6% CAGR over 2023-28, says GlobalData

Consumers are increasingly favoring more convenient choices for various aspects of their vehicles, particularly in terms of access. The rising disposable income and a growing preference for luxury cars in the Asia-Pacific (APAC) region are driving the demand for keyless entry systems, which provide convenience and a sophisticated appearance. Against this backdrop, the automotive vehicle […]
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Transitioning to P-8A maritime patrol aircraft will boost Australia’s anti-submarine capabilities, says GlobalData

As the last of the AP-3C Orion maritime patrol aircraft has been finally withdrawn from the service of the Australian Air Force on December 12, 2023, after 50 years of service, the baton has been passed on to the next-generation P-8A Poseidon aircraft fleet. This transition underscores Australia’s attempt to counter emerging threats in the […]
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Geopolitical conflicts, inflation, and drug pricing pressures will be top challenges for pharma industry growth in 2024, finds GlobalData

Lingering inflation, geopolitical tensions, and conflicts, as well as continuous pressures to cut drug prices, will be the top challenges for the pharmaceutical industry in 2024, finds GlobalData, a leading data and analytics company. GlobalData’s recent survey “The State of the Biopharmaceutical Industry 2024” found that drug pricing and reimbursement constraints elicited the strongest responses […]
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GLP-1R agonist withdrawal effect on weight loss and cardiovascular risks remains unmet need, says GlobalData

Eli Lilly recently published the results of a Phase III trial investigating the maintenance of Zepbound’s weight loss effects in overweight and obesity patients. Zepbound is Eli Lilly’s new glucagon-like peptide-1/gastric inhibitory polypeptide (GLP-1/GIP) dual agonist, approved by the FDA in November 2023, showing great promise compared to the other GLP-1R agonists on the market. […]
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APAC automotive front-end modules market to register 2.5% CAGR over 2023-28, forecasts GlobalData

Due to the growing production of small and light vehicles and the increased focus on passenger and driver safety, the market for automotive front-end modules is witnessing a rapid expansion. Moreover, automotive manufacturers are increasingly adopting innovative front-end modules to gain a competitive advantage and accelerate market growth. Against this backdrop, the automotive front-end modules […]
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AI and strategic partnerships to help Singapore accelerate transformation of kidney disease management, says GlobalData

Kidney failure poses a major health challenge in the Asia Pacific (APAC) region, with Singapore standing out as one of the APAC countries with a high incidence of end-stage renal disease. To address this issue, Singapore is actively working with national and international organizations to develop and implement new artificial intelligence (AI)-based models. This is […]
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AI revolutionizes material discovery across various industries, finds GlobalData

Artificial intelligence (AI) is transforming material discovery, ushering in a new era of innovation across key industries such as renewable energy, semiconductors, and pharmaceuticals. This shift is enabling faster, more efficient discovery processes, breaking down traditional barriers in research and development, and paving the way for unprecedented advancements in material science, according to GlobalData, a […]
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APAC automotive electric and electronic distribution systems market to see 2.5% CAGR over 2023-28, forecasts GlobalData

One of the most crucial parts of an automobile’s electrical system is the wire harness. In a typical car, it bundles up to 5km of cables. Profitable wire harness market opportunities are anticipated due to the rise in safety consciousness, strict government regulations, a connected car ecosystem, and the growing installation of communication devices in […]
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Inflammatory bowel disease market risks contraction, says GlobalData

In recent years, the increase in inflammatory bowel disease (IBD) biologic treatments has been a major driving force in the growth of this market. In 2007, AbbVie’s Humira received approval from the FDA to treat moderate-severe Crohn’s disease (CD). Since then, the IBD market has seen the entry of seven biologics. With more biologics anticipated […]
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