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Poland’s card payment market, which has been on the rise for the past few years, registered a slowdown in 2020 with a growth rate of 9.9% due to COVID-19 as lockdowns reduced consumer and commercial spending, according to GlobalData. However, the leading data and analytics company notes that, with the gradual recovery in economic activities […]
Australia set to reinforce cancer research with committed funding and research collaborations, says GlobalData
Cancer remains the leading cause of death in Australia. Against this backdrop, the government is supporting the home-grown oncology research with committed funding. Moreover, the research collaborations between the Australian institutes and pharma companies will further help expedite the overall research developments, says GlobalData, a leading data and analytics company. In June 2021, Australia announced […]
Visiting friends and relatives will be a driving force behind travel’s recovery
A desire to reconnect with family and friends after a year of stringent lockdown measures due to COVID-19 is likely greater than a leisure getaway in 2021, and therefore its power should not be underestimated in travel’s recovery, says GlobalData, a leading data and analytics company. Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData, comments: […]
Mexico could feel the loss of US travelers as COVID-19 restrictions persist
Non-essential travel across the land border between the US and Mexico remains restricted 17 months on from the onset of the COVID-19 pandemic and this could have devastating impacts for Mexico’s tourism industry, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Tourism Source Market Insight – United States’, reveals that in 2020, […]
Novartis has an opportunity to expand SMA patient population for IT Zolgensma, says GlobalData
Novartis has recently announced that the Food and Drug Administration (FDA) has lifted a clinical hold on its spinal muscular atrophy (SMA) drug OAV-101, an intrathecal (IT) formulation of Zolgensma (onasemnogene abeparvovec). Novartis will now be able to initiate a pivotal Phase III trial (STEER) to evaluate OAV-101 IT in treatment-naïve patients with SMA Type […]
Neos limited presence among UK consumers may be challenging for Sky
Aviva has sold smart home technology provider to Sky, after a successful partnership which modernized the insurer’s home insurance offering and saw it hold the largest market share in that line, according to GlobalData GlobalData’s 2020 UK Insurance Consumer Survey found that only 3.9% of consumers had heard of Neos. This is most likely because […]
Axsome Therapeutics AXS-05 shows promising results in resistant depression treatment, says GlobalData
Axsome Therapeutics recently announced that its pipeline product AXS-05 (bupropion + dextromethorphan) achieved primary and key secondary endpoints in the MERIT Phase II Trial for the treatment of resistant depression (TRD). A large number of major depressive disorder (MDD) patients do not respond to the available treatments and are referred to as treatment-resistant. There is […]
GlobalData reveals top 10 solar power influencers on Twitter in Q2 2021
Growing greenhouse gas emissions, government incentives and tax rebates, and increase in investors’ interest are driving the global solar energy market. Companies are also responding to the rising demand for reliable and sustainable energy. Against this backdrop, GlobalData, a leading data and analytics company, has ranked the top solar power influencers during the second quarter […]
Oil and gas companies are failing to capitalize on MSGBC Basin’s huge gas discoveries, says GlobalData
Two major gas discoveries have been made in the MSGBC Basin; however, oil and gas companies so far have failed to capitalise on these significant resources, and it could be quite some time until we see an intention to develop them, says GlobalData, a leading data and analytics company. One reason for the lack of […]
UK domestic tourism price increases could see travelers flock to outbound operators in 2022, says GlobalData
Some UK domestic holiday and accommodation providers have increased prices significantly throughout 2021 amid soaring ‘staycation’ demand and this could deter British tourists in 2022, says GlobalData, a leading data and analytics company. Craig Bradley, Associate Travel & Tourism Analyst at GlobalData, comments: “Increasing prices risks resulting in a lost opportunity for many UK tourism […]
Climate change disrupts US natural hazard & fire insurance market as premiums no longer cover sums paid out
The regularity of severe weather and fire events across the US last year led to the US natural hazard & fire insurance market paying out more in claims than it received in premiums in 2020. As wildfires continue to rage in California and the recently published U.N. Intergovernmental Panel on Climate Change (IPCC) report warning […]
Samsung’s new Google-enabled smartwatch gives it a shot at a $64bn market, says GlobalData
Following today’s news (11 August) that Samsung announced a Galaxy smartwatch with Google’s Wear smartwatch OS; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “Samsung’s new Google-enabled Galaxy Watch 4 series, unveiled at Samsung’s Unpacked event, will allow Samsung and Google a real shot at the wearables market […]
Deliveroo sees strong results as one in five Brits order a takeaway at least once a week
Following today’s news (11 August) that Deliveroo has released its HY 2021 results, seeing its orders double to 148.8 million; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Many consumers have become comfortable with a digital lifestyle during the COVID-19 pandemic, and it will be difficult to unlearn […]
Samsung’s $999 folding phone will establish company’s lead in the foldable phone market, according to GlobalData
Following today’s news (11 August) from the Galaxy Unpacked 2021 event that Samsung announced two new folding phones; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “Samsung’s two new folding phones, the Z Fold 3 5G and the Z Flip 3 5G, will firmly establish Samsung’s dominance in this advanced category of […]
Disappointing setback for Kyowa’s Nouryant in the treatment of Parkinson’s disease in Europe, says GlobalData
While the EMA’s recent recommended rejection of Kyowa Kirin’s Parkinson’s disease (PD) drug Nouryant (istradefylline) may have come as a surprise, key opinion leaders interviewed by leading data and analytics company GlobalData had mixed views on the drug’s efficacy and safety as an add-on therapy. Kyowa Kirin needs to capitalize on Nouryant’s sales in the […]
Competition for mass affluent individuals is fiercer than ever among providers as digital entrants make their mark, says GlobalData
As the historically paper-based wealth management industry undergoes a long-awaited digital transformation, mass affluent customers are now open to a wider range of providers managing their investments. Traditional players must step up their digital services or lose out on this underserved investor segment, says GlobalData, a leading data and analytics company. Sergel Woldemichael, Wealth Management […]
Offshore acreage dominates global licensing rounds that are due to close in H2 2021, says GlobalData
Over 35% of the acreage available in licensing rounds that are either open or scheduled to close in H2 2021 are located in shallow water, while ultra-deep water and deepwater acreage accounts for 24% and 19%, respectively, according to GlobalData, a leading data and analytics company. The company’s report, ‘H2 2021 Global Bid Round Outlook […]
Biogen will establish strong presence in multiple sclerosis market through InnoCare Pharma collaboration
Biogen recently announced that it has entered into a license and collaboration agreement with InnoCare Pharma for orelabrutinib, an oral small molecule Bruton’s tyrosine kinase inhibitor (BTKi), for the potential treatment of multiple sclerosis (MS). This new collaboration will enable Biogen to expand its MS pipeline portfolio, while also providing a potential treatment for MS […]
Parkinson’s disease market set to triple in sales to $11.5bn in 2029 driven by novel biologics and delivery systems, says GlobalData
The Parkinson’s disease (PD) market is expected to almost triple in sales in the seven major markets (7MM*) by 2029, rising from $4bn in 2021 to $11.5bn in 2029 at an impressive 12.6% compound annual growth rate (CAGR), says GlobalData. The leading data and analytics company notes that this growth is largely driven by the […]
Coinbase more than ready for institutional era of crypto, says GlobalData
Following today’s (10 Aug 2021) release of Coinbase’s results; George Monaghan, Analyst on the Thematic Team at GlobalData, a leading data and analytics company, offers his view: “The arrival of big institutional investors in the crypto market will steady the ship in terms of market enthusiasm. While purists may fear the presence of crypto ‘whales’ […]