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Following the news that South Korean automaker Hyundai plans to offer hydrogen fuel cell versions of all its commercial vehicles by 2028; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Hyundai’s announcement to feature fuel cell electric or battery electric powertrains, as well as the […]
Flipkart prepares ground for IPO, hires for those with listing experience, observes GlobalData
Flipkart’s plans for an IPO in 2021 could well be on track. The India-based e-commerce giant’s recent listings suggest that the company is hiring for mid-level and senior-level positions aimed for IPO preparedness, among other key responsibilities. The company is posting jobs to staff its financial planning and analysis (FPA) and the consolidating and reporting […]
UltraFan engine another example of why Rolls-Royce is considered by GlobalData as a significant player in the climate change theme
Rolls-Royce’s gas-powered turbine demonstrates how the company is embracing decarbonization strategies and its willingness to embrace more climate-friendly solutions in pursuit of profit, according to GlobalData. The leading data and analytics company notes that Rolls-Royce took a significant hit to profits during the pandemic, accruing significant debt due to its exposure to the civil aerospace […]
US to continue providing natural gas to Mexico and leading North America’s LNG exports, says GlobalData
Natural gas production in the US and Canada is expected to see 12% growth by 2025 from 2021 levels. Mexico, on the other hand, is forecasted to suffer a decline in domestic natural gas production by as much as 28% from 2021 to 2025, according to GlobalData. The leading data and analytics company notes that […]
Civil unrest in South Africa to derail economic recovery in 2021, reveals GlobalData
Following the civil unrest in South Africa following the arrest of Former President Jacob Zuma; Jasleen Sandhu, Economic Analyst at GlobalData, a leading data and analytics company, notes her research into the economic impact of both this unrest and COVID-19 recovery: “GlobalData has marginally lowered its 2021 GDP growth rate forecast for South Africa from […]
Ono Pharma Braftovi approval in South Korea will strengthen oncology portfolio but with limited sales potential, says GlobalData
Ono Pharmaceutical’s Braftovi (encorafenib) was recently approved in South Korea as a combination therapy with cetuximab to treat BRAF V600E mutant in previously treated metastatic colorectal cancer (mCRC) patients. However, the limited potential population of BRAF V600E mCRC patients in South Korea is expected to impact its overall sales potential, says GlobalData, a leading data […]
Ford ceasing local manufacturing is a major blow to Indian automotive industry, says GlobalData
Following the news that automaker Ford announced to shut down both its vehicle manufacturing factories in India; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Ford has reportedly decided to bring the final curtain down on its presence in India with the announcement of ending […]
Vaccine tourism is a double-edged sword
Vaccine tourism, where tourist hotspots are now offering COVID-19 vaccinations on holiday to attract visitors, is a double-edged sword as, while it could assist travel’s restart, it also raises the question of vaccine equity as it will further increase the divide between the wealthy and less privileged, says GlobalData, a leading data and analytics company. […]
FC Barcelona’s troubles may be just beginning following termination of $35m Rakuten deal, says GlobalData
Following today’s news (Thursday 9 September) that Rakuten has cancelled its agreement with FC Barcelona one year early; Conrad Wiacek, Head of Sport Analysis at GloblaData, a leading data and analytics company, offers his view: “News that FC Barcelona and Rakuten are ending their partnership one year early will not only impact FC Barcelona’s finances […]
McDonald’s McPlant burger will see success with UK’s non-meat eaters despite late market entry, says GlobalData
Following today’s news (9 September) that McDonald’s will be trialling a plant-based burger in some of its UK stores; Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “The McPlant burger will join the list of existing plant-based products in the UK foodservice sector, such as the growing alternative […]
Diagnosed incident cases of neuroendocrine tumors in 8MM set to surpass 133,000 in 2030
The burden of diagnosed neuroendocrine tumors (NETs) is expected to increase at an annual growth rate (AGR) of 2.37% from an estimated 108,000 cases in 2020 to 133,000 in 2030 in the eight major markets (8MM*), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Neuroendocrine Tumors (NETs): Epidemiology Forecast to 2030’, […]
Diagnosed prevalent cases of cystic fibrosis to near 84,000 by 2030 in the 7MM, says GlobalData
Diagnosed prevalent cases of cystic fibrosis (CF) in the seven major markets (*7MM) are projected to increase from over 79,000 in 2020 to nearly 84,000 in 2030, with an annual growth rate (AGR) of 0.52%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Cystic Fibrosis (CF) – Epidemiology Forecast to […]
Burger King’s celebrity endorsements will promote its natural rebrand to 38% of US population that demand healthier foods
Following today’s news that Burger King will release a celebrity endorsed meal range, ‘Keeping it Real’, in line with its recent ban on 120 artificial ingredients; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Burger King is hoping to cash in on the immense success that McDonald’s sponsored […]
Drug developers recent interest in targeting CHE could boost better management over the next decade
The lack of approved treatments for chronic hand eczema (CHE) demonstrates that there is a clear need for more targeted therapies. However, based on the recent boost of interest by drug developers in targeting CHE, GlobalData, a leading data and analytics company, believes that great strides will be made over the next decade toward better […]
Induction of MRSAM to significantly enhance Indian Air Force’s air and missile defense capability, says GlobalData
Following the news that Indian Air Force (IAF) has inducted the first Medium Range Surface to Air Missile (MRSAM) system; Tushar M, Defence Analyst at GlobalData, a leading data and analytics company, offers his view: “The addition of MRSAM is expected to augment the country’s aerial surveillance and air defense capabilities against a variety of […]
Massive capital raising will help Sea to pursue expansion, inorganic growth strategies, says GlobalData
Following the news that Singapore-based online gaming and e-commerce firm Sea Limited (Sea) will raise over US$6bn; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “The fund raising, which comes at a time of recovery in cross-border issuance across the Asia-Pacific region, will help Sea not only […]
ObsEva’s Yselty provides promise in endometriosis drug market, says GlobalData
Endometriosis is an indication that needs new therapy options. The variety of symptoms across cases, non-specificity of symptoms, and overlap of symptomology with other conditions make it difficult to manage, with cases often being misdiagnosed. According to GlobalData’s Pharma Intelligence Center database, there are 46 pipeline drugs currently being developed for endometriosis worldwide*. The leading […]
Singapore deploys technology to drive its vision of achieving smart healthcare system, says GlobalData
Singapore aims to provide smart healthcare to people with the help of novel technologies, which is helping the country to withstand the impact of COVID-19 on its healthcare system, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘CountryFocus: Healthcare, Regulatory and Reimbursement Landscape – Singapore’, reveals that the Singapore healthcare market is a […]
South Korea’s preferential drug pricing system can boost innovation in pharma research, says GlobalData
South Korea has recently decided to provide practical support to innovative pharmaceutical companies by revising the existing health insurance benefits system. The new system of preferential drug pricing, if designed effectively, can boost innovation in the country’s pharmaceutical research, says GlobalData, a leading data and analytics company. According to GlobalData, the pharmaceutical market in South […]
Interconnectivity key to powering smart hospitals
The idea of a smart hospital has been increasingly discussed in recent months due to a combination of new technologies such as the release of 5G networks and the COVID-19 pandemic highlighting the need for telehealth and other connected solutions. At its core, a smart hospital is an interconnected one, where patient health metrics, test […]