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Following the UK government’s announcement to consider using the Regulated Asset Base (RAB) financing model for nuclear power plants, after Hitachi’s decision to pull out from the Wylfa Newydd Nuclear Power Plant, Harminder Singh, Power Analyst at GlobalData, a leading data and analytics company, offers his views on the impact of this on the UK’s […]
Sainsbury’s vows to fight on, but ASDA merger looks doomed, says GlobalData
In response to the CMA’s provisional findings on the proposed ASDA/Sainsbury’s merger, Patrick O’Brien, UK Retail Research Director for GlobalData, a leading data and analytics company, offers his view: “The CMA’s provisional findings on the proposed merger of ASDA and Sainsbury’s have devastated any prospect of the merger going ahead. Rather than just point to a […]
The inequality in the provision of Employee Benefits throughout the UK SME landscape creates opportunities for insurers to grow, says GlobalData
The majority of UK SMEs are not offering income protection cover to their entire workforce, with many choosing to only offer protection to management or owners. Given this, insurers which are already providing cover in this space could capitalize by targeting certain industries to increase penetration to all employees by leveraging their existing relationships, according […]
Kuwait Petroleum leads global new-build regasification capacity additions by 2023, says GlobalData
Global liquefied natural gas (LNG) regasification capacity is expected to grow by 43% between 2019 and 2023, from 45.7 trillion cubic feet (tcf) in 2019 to 65.9 tcf by 2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals – […]
AI in epidemiology could lead to more efficient identification of the source of foodborne illness, says GlobalData
Following the news that researchers at the University of Georgia developed an Artificial Intelligence (AI) process that can help identify the source of a Salmonella outbreak, Ana Fernandez Menjivar, Senior Epidemiologist at GlobalData, a leading data and analytics company, offers her view on the impact of this innovation: “As more machines are able to comb […]
Adoption of drones being held back by regulation, says GlobalData
The disruption caused at UK airports last Christmas brought the use of drones into the public eye, but adoption is actually being held back by regulation, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Drones – Thematic Research’ states that the market for the civilian use of drones, both as recreational […]
Stem cell therapy offers potential for thalassemia patients to have fewer blood transfusions, says GlobalData
The possibility of using hematopoietic stem cells to restore production of normal hemoglobin is being investigated as a potential strategy to reduce the number of blood transfusions for thalassemia patients. Magdalene Crabbe, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “In clinical trials, stem cells from the bone marrow of […]
UCB’s partnership with Epilepsy Society offers strategic advantage to further their position in epilepsy, says GlobalData
UCB’s £2.5 million genomic research program with Epilepsy Society has the potential to transform the diagnosis and treatment of epilepsy patients, says GlobalData, a leading data and analytics company. The program is expected to be pioneering for a number of reasons. Most important of which is the rich source of clinical data available from the […]
Brand new type of cancer drug has potential to fill unmet needs in oncology market, says GlobalData
Following a study published in The Lancet Oncology regarding a brand new type of cancer drug that has shown promise in multiple cancer types in early Phase I/II trials, Philippa Salter, Pharma Analyst at Global Data, a leading data and analytics company, offers her view: “Although cancer treatment has significantly advanced over the past few […]
Development progress in 2018 for acute ischemic stroke drugs will fuel market growth, says GlobalData
Activase (alteplase) is currently the only FDA-approved drug available for the treatment of acute ischemic stroke (AIS) in the 8MM*; however, novel drugs designed to improve clinical outcomes of AIS patients will start launching from 2021, which along with the increasing prevalence of AIS, will fuel AIS market growth, according to GlobalData, a leading data […]
UK consumers are set to spend over £1bn on Valentine’s Day, says GlobalData
This year Valentine’s Day is predicted to be worth just over £1bn, up 0.7% on 2018, as shoppers spend on the romantic occasion despite disposable incomes remaining squeezed, according to GlobalData, a leading data and analytics company. Buying food and drink to have at home remains the greatest opportunity for retailers to entice shoppers to […]
Over half of all UK bank customers prefer simple day-to-day balance alerts to sophisticated AI or robo assistance tools, says GlobalData
The majority of UK banking customers prefer day-to-day assistance with existing personal financial management (PFM) tasks like simple balance alerts, rather than more sophisticated financial planning tools such as robo-advisors or AI-driven virtual assistants, according to GlobalData, a leading data and analytics company. Image for publication: Click link for UK banking heat map The company’s […]
Alzheimer’s disease drug failures plague R&D in neurology, says GlobalData
Despite 2018’s successes in the neurology market, research and development (R&D) setbacks in the field of Alzheimer’s disease continue to disappoint, says GlobalData, a leading data and analytics company. The Alzheimer’s disease market received major blows when several amyloid targeting β-secretase (BACE) inhibitors dropped out during the year. Merck & Co. terminated verubecestat due to […]
Female contraceptive market set to be worth $8.7bn by 2027 following the expected release of four new drug candidates, says GlobalData
Contraceptive market sales were estimated to be $6.3bn across the 8MM* in 2017, which is expected to grow to $8.2bn in 2027, at a compound annual growth rate of 2.7%, according to GlobalData, a leading data and analytics company. GlobalData’s report: ‘Contraceptives: Opportunity Analysis and Forecasts to 2027’ states that the launch of four novel contraceptive […]
CKD Epidemiology shows stagnant prevalence but changing patient characteristics, says GlobalData
Following the news (Wednesday February 6) that the Centers of Disease Control and Prevention (CDC) released new numbers for US chronic kidney disease (CKD) prevalence in adults, Kasey Fu, Director of Epidemiology at GlobalData, a leading data and analytics company, offers her view on CKD trends and current challenges: ‘‘The CDC released the latest data […]
Unilever’s acquisition of Graze necessary step to achieving leadership in direct to consumer space, says GlobalData
Following the news of Unilever’s acquisition of Graze, Ronan Stafford, Research Director at GlobalData, offers his view: “Direct to consumer brands have a big future ahead of them, and Unilever’s acquisition of Graze is a necessary step in helping it to achieve leadership in this space. “Last July Unilever stated that direct to consumer accounted […]
Millennials to drive the rise of digital mortgage brokers, taking market share from incumbents, says GlobalData
Incumbent mortgage brokers such as John Charcol and Countrywide will face a strong challenge to their market shares over the next five years from digital hybrids after 57% of millennials stated that if they were applying for a mortgage today, they would choose a digital channel, says GlobalData, a leading data and analytics company According […]
Australia leads FPSO deployments in Oceania by 2025, says GlobalData
Australia will account for all floating production, storage and offloading vessels (FPSOs) planned for deployment in Oceania during 2019–2025, according to GlobalData, a leading data and analytics company. The company’s report: ‘Q1 2019 Global FPSO Industry Outlook – Australia Leads FPSO Deployments in Asia-Pacific’ reveals that, globally, 67 planned and announced FPSOs are expected […]
Israel hi-tech ecosystem is moving from startup to scale up, says GlobalData
Israeli hi-tech startups are increasingly keen on organic means to scale up into global markets over quick exit to international companies through mergers and acquisitions (M&A). The trend will result in the growth of large home grown multinational companies and become core to the country’s economic growth in future, says GlobalData, a leading data and […]
No-deal Brexit would lead to food inflation levels of over 5%, says GlobalData
In response to the BRC’s letter signed by major supermarkets warning that a no-deal Brexit would threaten the UK’s food security and lead to higher prices, Thomas Brereton, Retail Analyst for GlobalData, a leading data and analytics company, offers his view: “The supply chain chaos caused by a no-deal Brexit would force food inflation in 2019 […]