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Following the release of Q2 2021 financials from Abbott; Dara Lo, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers her view: “GlobalData has observed a significant decline in the first half of the year in COVID-19 testing in US hospitals for both nucleic acid amplification tests (NAATs) and rapid tests such […]
Online beauty tutorials greatly appeal to the young and wealthy in Asia and South America, says GlobalData
Make-up is a fast-moving industry and technology will continue to play a crucial part in pushing it forward, according to GlobalData. The leading data and analytics company notes that live launch events and online masterclasses were vital in reaching audiences during the pandemic. In fact, a survey* by GlobalData identified that beauty tutorial videos were […]
Growth in Hong Kong wealth market to drive affluent population growth in 2021, says GlobalData
The Hong Kong wealth market is expected to rebound after a COVID-19 pandemic induced contraction in 2020, driving up affluent investor numbers. This population, including mass affluent investors (holding liquid assets of US$50,000–$1m) and high-net-worth (HNW) individuals (holding liquid assets of more than US$1m), is expected to grow by 7.8% to reach 3.9 million in […]
Hutchmed Orpathys better positioned to gain from AstraZeneca commercial experience in China, says GlobalData
Hutchmed (China) Limited’s Orpathys (savolitinib) is now launched in China for patients with lung cancer and MET exon 14 skipping alterations that have progressed following prior systemic therapy or who are unable to receive chemotherapy. In June 2021, China became the first country globally to approve savolitinib. However, as seen with a few other China […]
Economic impact of floods in Henan province may be short-lived, opines GlobalData
Following the news that China received heaviest rainfall in 1,000 years, causing loss of life, property and millions to migrate; Gargi Rao, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “China’s real GDP growth rate of 1.3% (quarter-on-quarter) in the second quarter (Q2) of 2021 may lose steam as […]
12-month total prevalent cases of migraine to reach 73.7 million by 2030 in the 7MM, says GlobalData
The 12-month total prevalent cases of migraine in the seven major markets (*7MM) are expected to increase from 72.7 million cases in 2020 to 73.7 million cases in 2030, at an annual growth rate (AGR) of 0.13%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Migraine – Epidemiology Forecast to 2030’, […]
Ryanair’s bullish summer 2022 plans likely to pay dividends, says GlobalData
Ryanair has set its eyes on a strong summer 2022. With the pending delivery of new aircraft and a large recruitment drive, next year looks set to pay dividends for the airline, despite some travelers experiencing depleted travel budgets, says GlobalData, a leading data and analytics company. Gus Gardner, Associate Travel and Tourism Analyst at […]
China and India likely to be pitched for Russia’s next-generation S-500 air defense system, says GlobalData
Following the news that the Russian Ministry of Defence released footage of the S-500 Prometey missile defense system in action; Sourabh Banik, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Apart from becoming the mainstay air defense system of Russian forces, the S-500 has potential to become a […]
Goldman Sachs and PwC were top M&A financial advisers by value and volume in retail sector for H1 2021, finds GlobalData
Goldman Sachs and PwC were the top mergers and acquisitions (M&A) financial advisers in the retail sector for H1 2021 by value and volume, respectively. Goldman Sachs advised on eleven deals worth US$11.2bn, which was the highest value among all the advisers. Meanwhile, PwC led in volume terms having advised on 13 deals worth US$2.8bn. […]
Simpson Thacher & Bartlett and Latham & Watkins were top M&A legal advisers by value and volume in retail sector for H1 2021, finds GlobalData
Simpson Thacher & Bartlett and Latham & Watkins were the top mergers and acquisitions (M&A) legal advisers in the retail sector for H1 2021 by value and volume, respectively. Simpson Thacher & Bartlett advised on seven deals worth US$13.5bn, which was the highest value among all the advisers. Meanwhile, Latham & Watkins led in volume […]
The Olympics will allow Japan to demonstrate its robotics capabilities and show us the future of sporting events, says GlobalData
From drones delivering food and drink to field robots recovering javelins, Olympics viewers worldwide are about to see the capabilities of Japanese robot manufacturers and think: “Hey, why don’t I have one of those?!”. Leading data and analytics company GlobalData notes that robotics is one of the key technologies that will impact business and society […]
China to lead deployment of electric vehicles during 2021 to 2030 period
China continues to be the largest electric vehicles market in terms of fleet size and annual sales as of 2020. The country is expected to maintain its dominant position during the 2021–2030 period as well, deploying more than 50 million electric vehicles in the next ten years, says GlobalData, a leading data and analytics company. […]
Indian startups raise US$9.7bn VC funding during H1 2021, finds GlobalData
Indian startups followed Chinese counterparts in terms of venture capital (VC) funding activity among the Asia-Pacific (APAC) countries during the first half (H1) of 2021. A total of 635 VC funding deals were announced in India during the period while the corresponding disclosed funding value of these deals stood at US$9.7bn, according to GlobalData, a […]
Digital promotional activity will further help Evrysdi disrupt spinal muscular atrophy market in Japan, says GlobalData
The approval of Roche / Chugai Pharmaceutical’s Evrysdi (risdiplam) as the first ever oral therapy in Japan for the treatment of spinal muscular atrophy (SMA) in June 2021 has a strong potential to disrupt the Japanese SMA market. This can be further bolstered if Roche builds up its digital presence in Japan, says GlobalData, a […]
Healthcare companies see tech partnerships as necessary to implement smart technologies, according to a survey by GlobalData
As pharma companies continue to scale up digital transformation processes, a survey by GlobalData has highlighted that teaming up with experienced external vendors is driving innovative technology implementation. The leading data and analytics company notes that technologies such as 5G, IoT, sensors, blockchain, cloud and virtual/augmented reality were the top technologies for which pharma companies used […]
B Corp certification could represent the future of sustainable tourism, says GlobalData
Numerous sustainability certifications exist within the travel sector, but by spanning all areas of the environment, social and governance (ESG) spectrum, B Corp certification could become the sought-after standard, says GlobalData. The leading data and analytics company notes that, as it stands, around ten travel operators hold B Corp status, so there is great scope […]
Loss of world heritage status could prolong Liverpool’s tourism recovery, says GlobalData
Following the recent announcement that Liverpool will be stripped of its Unesco World Heritage status; Ralph Hollister, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “While domestic tourism demand may not be massively impacted by the loss of Liverpool’s world heritage status, international demand could […]
Pinheiro Neto Advogados was top M&A legal advisers by value and volume in South & Central America for H1 2021
Pinheiro Neto Advogados was the top legal adviser for mergers and acquisitions (M&A) in South & Central America for H1 2021 by both value and volume, having advised on seven deals worth US$11bn, according to GlobalData, a leading data and analytics company. Mattos Filho Veiga Filho Marrey Jr e Quiroga occupied the second position by […]
JP Morgan and Clairfield International were top M&A financial advisers by value and volume in South & Central America for H1 2021, finds GlobalData
JP Morgan and Clairfield International were the top mergers and acquisitions (M&A) financial advisers in South & Central America for H1 2021 by value and volume, respectively. JP Morgan advised on four deals worth US$11bn, which was the highest value among all the advisers. Meanwhile, Clairfield International led in volume terms having advised on nine […]
Unilever beats sales estimates off back of strategic investments, says GlobalData
Following Unilever’s announcement that it has reported H1 2021 underlying sales growth of 5.4%, with 4.0% volume and 1.3% price; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Despite difficult market conditions this year, Unilever has pulled through with consistent growth once again. The company’s beauty and personal […]