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Following the conclusion of International Gaucher Disease Awareness Month, key opinion leaders (KOLs) interviewed by GlobalData believe pipeline gene therapies will significantly impact the Gaucher disease landscape. Gene therapy has the curative potential to provide patients with a healthy GBA1 copy, disrupting the Gaucher drug market. However, much groundwork remains to be covered, says GlobalData, […]
PDS Biotech’s $500M upside for PDS0101 challenged by limited HPV positivity patient data, says GlobalData
PDS Biotech recently announced the initiation of a Phase III pivotal trial for its immunotherapy asset PDS0101 in recurrent/metastatic HPV-16+ head and neck squamous cell carcinoma (HNSCC). If approved, PDS0101 could reach $500 million in 8MM* sales in metastatic HNSCC, but the current lack of data for HPV-positive patients endangers the outcome of the Phase […]
Masimo’s medical watch regulatory approval to bolster remote patient monitoring space, says GlobalData
In the ever-evolving landscape of healthcare technology, medical smartwatches are emerging as transformative devices that seamlessly integrate health monitoring into our daily lives. One notable development in this space is the recent FDA clearance for Masimo‘s medical watch for both prescription and over-the-counter (OTC) use. The clearance will provide a significant boost to the remote […]
FDA’s recall of stolen laryngoscopes highlights need for increased vigilance on online healthcare marketplace, says GlobalData
In a recent development, the Food and Drug Administration (FDA) issued a medical device recall, targeting stolen Medtronic laryngoscopes that were illicitly sold on the popular online platform, Facebook Marketplace. This unprecedented move highlights the pressing need for increased vigilance in the realm of online commerce, particularly within the healthcare sector, says GlobalData, a leading […]
The Open 2023 season generates over $63 million in sponsorship revenue, reveals GlobalData
Sponsorship remains key in supporting the Open in maintaining its status as one of the most prestigious golf events in the world. These partnerships ensure that the Open is receiving global recognition from some of the biggest luxury brands around, while also allowing the brands partnering with it to take advantage of the exposure that […]
Positive post hoc analysis of SCORED trial to bolster Inpefa use for heart failure, says GlobalData
At this year’s American Heart Association Scientific Session, positive results were presented from Lexicon Pharmaceuticals’ SCORED analysis of Inpefa (sotagliflozin), providing insight into the drug’s ability to significantly reduce the risk of heart failure (HF) in as little as three months. The post hoc analysis could be of high clinical value to cardiologists looking to […]
Positive phase III data could help position Ubrelvy in crowded migraine market, says GlobalData
AbbVie recently announced its publication in The Lancet showing that administration of Ubrelvy (ubrogepant) during the prodrome stage of a migraine can reduce the likelihood of a migraine attack developing. Ubrelvy is the first and only acute migraine treatment that has demonstrated Phase III data in the prodrome stage. These findings could grant Ubrelvy a […]
Microsoft’s GenAI capabilities continue to impress, says GlobalData
Occupying center stage at Ignite 2023 was Microsoft Copilot, the company’s virtual assistant and umbrella brand for its AI capabilities. At the event, Microsoft introduced hybrid work capabilities infused with GenAI that touch multiple Microsoft 365 apps, offer diverse functionality, and are well positioned, according to research conducted by GlobalData, a leading data and analytics […]
New generative AI capabilities are a win for RingCentral, says GlobalData
RingCX contact center and RingCentral Events are the new generative AI capabilities added by RingCentral to increase productivity, making contact center agents and event planners (respectively) even more valuable to their organizations. The new capabilities place RingCentral in an enviable spot, according to research conducted by GlobalData, a leading data and analytics company. Gregg Willsky, […]
Oncology KRAS-targeting therapy market to exceed $4 billion by 2029, forecasts GlobalData
Kirsten rat sarcoma viral oncogene homolog (KRAS) mutations are common in solid tumors, including lung cancer, colorectal cancer, and pancreatic ductal adenocarcinoma. The introduction of KRAS inhibitors has become a significant advancement in the quickly developing area of oncology, providing hope in the battle against difficult solid tumors. The global market for KRAS-targeting drugs in […]
LaLiga generates $152.56 million in sponsorship revenue for 2023-24 season, reveals GlobalData
Sponsorship plays a crucial role in supporting LaLiga in maintaining its ambition of being the best professional soccer league in the world. It contributes to the smooth operation of the league, as exemplified by their top associations with EA Sports and Visit Saudi. LaLiga generated $152.56 million annually through central sponsorship deals, according to GlobalData, […]
Arrowhead Pharmaceuticals’ plozarsiran and zodasiran hold potential to treat dyslipidemia, says GlobalData
At the American Heart Association (AHA) Scientific Sessions 2023 in Philadelphia, Arrowhead Pharmaceuticals unveiled the Phase II clinical data for plozasiran (ARO-APOC3) and zodasiran (ARO-ANG3). The Phase II SHASTA-2 study showed that plozasiran decreased APOC3 to -79%, triglycerides (TGs) to -74%, remnant cholesterol to -65% and increased high-density lipoprotein (HDL)-cholesterol (HDL-C) to 68% at 24 […]
FDA’s orphan drug designations increase for myelofibrosis drugs, reveals GlobalData
Concerns have been raised over the suitability of current FDA-approved treatments for myelofibrosis due to the negative associations with anemia. In response, the FDA has significantly increased the number of awarded orphan drug designations (ODDs) for myelofibrosis-indicated drugs in recent years. Since 2014, a total of 11 ODDs have been granted, with eight of them […]
FDA’s Fast Track designation for Altimmune’s pemvidutide reinforces use of GLP-1RAs in NASH, says GlobalData
In October 2023, the FDA granted Fast Track designation for Altimmune’s incretin mimetic, pemvidutide, in non-alcoholic steatohepatitis (NASH). Pemvidutide is a glucagon-like peptide 1 (GLP-1) glucagon receptor (GCGR) dual agonist peptide (GLP-1R/GCGR) currently in Phase IIb development for NASH (IMPACT trial) and for obesity (MOMENTUM trial). The Fast Track designation is supported by the data […]
Verve’s gene-editing therapy trial to lower cholesterol levels opens doors for use in cardiovascular disease, says GlobalData
The first human clinical trial of a novel gene-editing technique known as base editing has shown promising results in maintaining healthy levels of cholesterol. In the trial by Verve Therapeutics, physicians injected patients with a Clustered Regularly Interspace Short Palindromic Repeats (CRISPR)-based gene editing therapy called VERVE-101, which inactivated the liver gene PCSK9 that typically […]
Nike emerges as biggest spender in European soccer kit supplier market for 2023-24 season, reveals GlobalData
American brand Nike boasts 24 active deals across the 10 biggest European soccer leagues for the 2023-24 season. The number puts it on par with adidas as the most prominent brand in the market, while both brands are five deals ahead of Puma, which is the next most visible brand on the continent. Not much […]
Aurelius’ acquisition highlights potential for The Body Shop to bounce back, says GlobalData
Following the news that Aurelius has bought The Body Shop in a £207m deal; Tash Van Boxel, Analyst at GlobalData, offers her view: “The Body Shop’s recent struggle has been driven by consumers trading down to more affordable retailers, casting aside sustainability and ethical claims in favour of value for money and lower price points. […]
Tech skills shortage still a major challenge for healthcare industry, finds GlobalData
The shortage of talents that have specific digital skills continues to be a pressing issue for businesses since the lockdowns caused by COVID-19. Despite the growing demand for tech-savvy specialists, there is still a limited supply of individuals possessing digital skills, according to a recent survey by GlobalData, a leading data and analytics company. GlobalData’s […]
Wimbledon 2023 generates over $95 million in sponsorship revenue, reveals GlobalData
Sponsorship remains key in supporting Wimbledon in maintaining its global status as the most prestigious tennis tournament in the world. These partnerships are the most lucrative on offer and contribute to ensuring Wimbledon maintains its status and allow the brands partnering with it to take advantage of the global exposure that comes with such a […]
Big Data, Cloud and AI emerged as prominent technology themes in Q3 2023 hiring, reveals GlobalData’s Job Analytics report
Job postings across the globe declined by 29.3% YoY in Q3 2023 Key tech themes with most job postings include Big Data, Cloud, and AI Cargill, Tesla, AECOM, Marriott International, and IBM were among the top recruiters The third quarter (Q3) of 2023 saw many companies across the globe announcing layoffs amidst a continuous decline […]