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Arcutis Biotherapeutics recently announced the submission of a New Drug Application (NDA) for its topical phosophodiesterase 4 (PDE4) inhibitor, roflumilast cream (ARQ-151), in the treatment of mild-to-severe plaque psoriasis (PsO). Despite having a potential commercial advantage as the first topical PDE4 inhibitor for an underserved PsO patient segment, GlobalData, a leading data and analytics company, […]
Google going the Apple way with the Pixel 6 smartphones to ride 5G services market wave worth $644.6bn by 2026, says GlobalData
In anticipation of Google’s expected launch of the new Pixel 6 and 6 Pro smartphones on 19 October 2021; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “Google’s upcoming Pixel 6 and 6 Pro smartphones will include both sub-6 and mmWave 5G connectivity, helping them ride the growing […]
New investments flow to support Tata’s ambition of making EVs mainstream in India, says GlobalData
Following the news that Investment firm TPG Rise Climate along with its co-investor ADQ announced investment of INR7.5bn (US$1bn) in Tata Motors electric vehicle (EV) arm; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Tata Motors has been striving hard to make EVs mainstream in […]
Netherlands on track to phase out coal power by 2030, says GlobalData
The Netherlands is on track to phase out the use of coal for power generation by 2030, according to GlobalData, which notes that the country’s coal power capacity is expected to decline from 3.31 GW in 2020 to 3.18 GW in 2025, before being phased out altogether in 2030. The leading data and analytics company […]
Indonesia to commence 27 midstream projects in Asia through 2025, says GlobalData
Indonesia is likely to start the operations of 27 midstream oil and gas projects between 2021 and 2025, mainly in transmission pipelines and liquids storage segments, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Midstream New Build and Expansion Projects Outlook, 2021-2025 – Transmission Pipelines Dominate Global Midstream Project Starts’, […]
New low-cost start-up Bonza Airlines set to fill void in Australia’s domestic routes, says GlobalData
Australia’s newest low-cost start-up Bonza Airlines will provide the vital low-cost competition in a ‘full-service’ dominated market which could expectedly be a disruptive force. COVID-19 has presented Bonza Airlines with a prime opportunity to get launched with the current situation aiding its expansion plans of filling the void in the Australian air routes, says GlobalData, […]
Addressing sustainability challenges and commercial success correlate, highlights GlobalData
It is becoming evident that addressing environmental, social and governance (ESG) issues is not only beneficial to the planet and society, but also makes commercial sense. Robert Pritchard, Senior Technology Analyst at GlobalData, highlights a key example of this in the telecoms sector. Pritchard comments: “Every telecoms company is looking for ways to embrace and […]
Green hydrogen production to drive Latin America and the Caribbean’s green energy agenda with effective policy intervention, says GlobalData
The Latin America and the Caribbean (LAC) region is well positioned to participate in the burgeoning hydrogen market, which will play an important role in the coming decades in the global transition to greener energy, according to GlobaData, a leading data and analytics company. GlobalData’s latest report, ‘Latin America and the Caribbean Hydrogen Market’, notes […]
Nissan ready for next-gen vehicle manufacturing with intelligent factory in Japan, says GlobalData
Nissan Motor Corporation has unveiled ‘Intelligent Factory’ initiative to use artificial intelligence (AI), IoT and robotics to manufacture next-generation vehicles and a zero-emission production system in Japan. With the ‘smart’ factory, Nissan is heading in the direction where most of the players will be ensuing soon, says GlobalData, a leading data and analytics company. Out […]
GlobalFoundries’ IPO will not soothe semiconductor shortage, says GlobalData
GlobalFoundries’ proposed initial public offering (IPO) will have little effect on solving the semiconductor shortage, says GlobalData, a leading data and analytics company. Dr Lil Read, Analyst in the Thematic team at GlobalData, comments: “This IPO is essentially GlobalFoundries crying to Wall Street for help. The semiconductor manufacturer has been put in a precarious financial […]
India looks to enhance naval warfare synergies with Quad during Malabar-21 to counter China threat, says GlobalData
Following the commencement of the phase II of maritime exercise Malabar-21; Sourabh Banik, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the countries that are participating: “As the Quad countries consisting of India, US, Australia and Japan assemble again to participate in the second phase of Malabar-21, […]
Plaque psoriasis population to reach over 16.8 million by 2030 in the 7MM influenced by obesity, type 2 diabetes and smoking, says GlobalData
The number of individuals with diagnosed plaque psoriasis in the seven major markets (7MM*) is projected to increase from around 15,720,000 in 2020 to over 16,850,000 in 2030, at an annual growth rate (AGR) of 0.72% according to GlobalData, a leading data and analytics company. These increases are likely to subsequently increase the size of […]
Growing importance of AI in pharmaceutical industry is mirrored by steady rise in AI-related job postings, says GlobalData
There has been a strong increase of vacancies in artificial intelligence (AI) related jobs in the pharmaceutical sector this year, despite the impact of COVID-19, says GlobalData. According to the leading data and analytics company’s Jobs Analytics database, the number of AI-related job announcements tripled from over 1000 in Q3 2019 to more than 3,000 […]
China to witness significant midstream project starts in Asia by 2025, says GlobalData
China is expected to commence the operations of 70 midstream oil and gas projects from 2021 to 2025, accounting for about 21% of the total upcoming midstream project starts in Asia by 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Midstream New Build and Expansion Projects Outlook, 2021-2025 – […]
Sweden may achieve 100% electricity generation from renewables by 2040, says GlobalData
Sweden has the potential to achieve 100% electricity generation from renewables by 2040, according to GlobalData. The leading data and analytics company notes that the country is rapidly decommissioning its thermal power plants, and is expected to reduce its cumulative thermal power capacity from 3.2 GW in 2020 to 1.8 GW in 2030. Rohit Ravetkar, […]
UK SMEs value sustainability but not when it comes to choosing insurers, says GlobalData
An insurer’s record in sustainability is the least important factor to UK-based small-to-medium enterprises (SMEs) when it comes to choosing insurers, according to a recent survey by GloalData*. The leading data and analytics company asked UK SMEs to rank factors ranging from the cost of a policy to the speed at paying claims in terms […]
India to account for over one-third midstream project starts in Asia by 2025, says GlobalData
India is likely to start the operations of 118 midstream oil and gas projects from 2021 to 2025, accounting for 35% of the total upcoming midstream project starts in Asia by 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Midstream New Build and Expansion Projects Outlook, 2021-2025 – Transmission […]
Russia to dominate FSU’s gas processing capacity additions by 2025, says GlobalData
Russia is expected to dominate the Former Soviet Union (FSU) region in terms of the number of gas processing capacity projects expected to be planned or announced between 2021 and 2025, according to GlobalData. The leading data and analytics company notes that Russia will contribute around 77% of FSU additions by 2025. The mammoth increase […]
AbbVie’s Qulipta set to become blockbuster in the migraine market
AbbVie has recently announced that Qulipta (atogepant) has received FDA approval for the preventive treatment of episodic migraine in adults. Qulipta is the first and only oral calcitonin gene-related peptide (CGRP) receptor antagonist (gepant) specifically developed for the preventive treatment of migraine. The market for oral prophylactic treatments to reduce the number of migraine days […]
Burger King’s gourmet range will entice curious consumers on a budget
Following today’s news (11 October) that Burger King has launched a new Gourmet Kings range comprising of two premium burgers; Hannah Cleland, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Marketing this as a premium range will give Burger King a strategic point of difference as a budget food outlet […]