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Over the past decade, disease-modifying cystic fibrosis transmembrane conductance regulator (CFTR) modulators have transformed the treatment paradigm for CF, according to GlobalData, greatly improving the quality of life and longevity of patients. The leading data and analytics company notes that this drug class has grown rapidly since 2012 with up to four different agents. In […]
Hydrogen Forward is a Key Pillar of the Energy Transition, Powered by Decarbonization, says GlobalData
Hydrogen is gaining prominence as a critical component of the energy transition as significant policy support and government commitment to deep decarbonization are spurring investments in hydrogen. This momentum that has been built along the entire value chain is accelerating cost reduction in hydrogen production, transmission, distribution, retail, and end-applications, says GlobalData, a leading data […]
Facebook’s antitrust victory shows that new legislation is necessary to tackle digital monopolies, says GlobalData
Following the news that Facebook stock market value reached $1tn after it scored an antitrust victory; Laura Petrone, Senior Analyst in the Thematic Research team at GlobalData, a leading data and analytics company, offers her view: “The US judge’s decision is a big setback for the Federal Trade Commission (FTC) and antitrust regulators, but it […]
‘Move on from COVID-19’: Distraction, digitalization and direct engagement will be the core strategy for Olympic 2021 marketing, says GlobalData
As we edge closer to the Olympic Games, leading data and analytics company GlobalData notes that brands will need to be creative with their Olympic marketing strategies, both finding topics that move away from talking about COVID-19 and towards areas that resonate with customers such as social responsibility, and using a digital strategy for increased […]
Governments must ensure global economic recovery is sustained amid rising inflation rates, says GlobalData
Economic recovery is picking up pace in major economies accompanied by rising prices as production units are struggling to keep pace with the ever-rising consumer demand. GlobalData, a leading data and analytics company, forecasts inflation rates will rise in the US (by 2.5%), UK (0.9%), Germany (2%), Russia (1.6%), Brazil (2.7%), and Canada (1.5%) in […]
Insurers’ response to COVID-19 pandemic has damaged their reputation, finds GlobalData
A recent poll by GlobalData has revealed that the reputation of the insurance industry globally has taken a hit due to its response to the COVID-19 pandemic. The poll found that almost a third (29%) of respondents felt that their opinions on global insurers had substantially worsened because of the pandemic. A total of 41% […]
Covid-19 infection prevention methods should be strictly adhered to during the Tokyo Olympic Games, says GlobalData
The Olympic games are considered to be the world’s most prestigious sports competition, with more than 200 nations participating. However, this year’s Olympic games are facing complications due to the global COVID-19 pandemic. In order to limit the potential outbreak of hosting the event, spectators as well as athletes and support staff should entirely avoid […]
Interim data from tenapanor’s OPTIMIZE trial signals promising treatment option for CKD-HP, says GlobalData
Ardelyx presented interim data from its ongoing OPTIMIZE study at the European Renal Association. The primary endpoint of the Phase IV OPTIMIZE study is to evaluate the use of tenapanor as the main therapy option for chronic kidney disease (CKD)–hyperphosphatemia (HP) patients on dialysis. Tenapanor is expected to gain a front-line position in the CKD […]
China to lead Asia-Pacific thyroid function tests market through 2025, forecasts GlobalData
China, which accounted for about 45% of the Asia-Pacific (APAC) thyroid function tests market in 2020, is expected to continue to lead the regional market through 2025, reveals GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thyroid Function Tests (In Vitro Diagnostics) – Global Market Analysis and Forecast Model (COVID-19 Market Impact)’, reveals […]
Life insurance industry in India to reach US$98.5bn in 2024, forecasts GlobalData
The life insurance industry in India is projected to grow from INR5.7 trillion (US$81.4bn) in 2019 to INR8.0 trillion (US$98.5bn) in 2024, in terms of gross written premium (GWP), according to GlobalData, a leading data, and analytics company. GlobalData has revised India’s insurance forecast in the aftermath of the COVID-19 outbreak. An analysis of GlobalData’s […]
Nissan batteries investment at Sunderland is a start, but much more to do, says GlobalData
Following the news that Nissan is to invest in more battery production at its UK production hub in Sunderland; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “There are a number of big decision-making drivers here for Nissan, partly industry trends driven and partly specific to the circumstances […]
Carbon capture could serve as a crucial step in more sustainable aviation, says GlobalData
A recent poll* by GlobalData has revealed that 68% of respondents consider climate change to be the most important environmental, social and governance (ESG) issue and airlines have been noted as some of the worst contributors with CO2 emissions. The leading data and analytics company notes that even though carbon capture should not be the […]
Robotic-assisted knee reconstruction surgeries will reach 700,000 globally by 2030, says GlobalData
Robotic-assisted knee reconstruction has increased significantly over the past years as robots have become more popular in the operation room. The number of robotic-assisted knee reconstruction surgeries will reach approximately 700,000 globally by 2030, at a compound annual growth rate (CAGR) of 8% from 2021 to 2030, according to GlobalData, a leading data and analytics […]
Anti-amyloid therapies show potential for Alzheimer’s after breakthrough designation, says GlobalData
Eisai and Biogen’s lecanemab (BAN2401) and Eli Lilly’s donanemab have recently received breakthrough therapy designation (BTD) by the US Food and Drug Administration (FDA) for the treatment of Alzheimer’s disease (AD). The potential approval of lecanemab and donanemab will increase the number of disease-modifying treatments (DMTs) available that target and affect the underlying disease progression […]
Zoom significantly increases hiring for Zoom Phone amid growing interest for hybrid work, finds GlobalData
After over a year of rapid growth, Zoom Video Communications emerged as a key company in the video teleconferencing space and more companies are moving to remote work processes that has become a norm. Interestingly, Zoom’s hiring activity shows that the company is increasing focus on Zoom Phone, its cloud phone system, even as hybrid work […]
Global economic growth forecast revised up to 6.14% for 2021 as economic activities gain traction, says GlobalData
With economic activities gaining traction along with progress in COVID-19 vaccination drives, GlobalData, a leading data and analytics company, has revised its 2021 global GDP growth rate forecast from 4.87% on 15 February 2021 to 6.14% on 21 June 2021. Emerging and developing economies’ growth is forecasted at 6.26% in 2021, with robust pickup in […]
UniQure’s AMT-130 joins the tough race to cure Huntington’s disease, says GlobalData
UniQure recently announced the enrolment of the first two patients in the second cohort of a Phase I/II clinical trial of AMT-130, a micro ribonucleic acid (miRNA) gene therapy, in development for Huntington’s disease (HD). Considering the pressing need for a DMT and the limited pipeline candidates, AMT-130 will have a great opportunity to become […]
Indian passenger vehicles production to grow in H2 2021, forecasts GlobalData
Post a relatively buoyant Q1 CY2021, passenger vehicle production in India suffered a setback in the Q2 due to a steep rise in the COVID-19 infections and deaths in April and May. However, the latter half of 2021 is expected to be better and full year production will be better than the previous year despite […]
Dave & Buster’s emerges from filing bankruptcy and increases hires, finds GlobalData
After a challenging year of heightened financial constraints and layoffs, Dave & Buster’s is on a hiring spree with a focus on providing innovative entertainment experiences. The surge in listings comes after a year of low hiring activity with a total of 300 jobs posted between June 2020 and April 2021. However, job postings rebounded […]
Economic recovery projected in 2021 for major European nations that were in recession in Q1 2021, says GlobalData
Major European nations witnessed contraction in real GDP in Q1, with the UK seeing -6.1%, Germany -3.1%, Italy -0.8%, and Spain -0.1%. However, Q2’s vaccination drives and reopening initiatives are expected to aid economic recovery, with the top ten European nations by nominal GDP expected to grow at an average annual rate of 4.5% in […]