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At this year’s European Society of Cardiology (ESC) Congress, positive results were presented from Bayer’s FIGARO-DKD Phase III trial of Kerendia (finerenone), providing insight into the drug’s ability to reduce risk of morbidity and mortality in diabetic kidney disease patients. The positive data from the FIGARO-DKD study will help support the use of finerenone to […]
BMW shows that chips shortage a double-edged sword for vehicle makers, says GlobalData
Following the news that BMW has raised its financial results guidance for the 2021 financial year; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view; “Car companies are getting a bottom-line lift on recovering vehicle markets and high margins on sales – especially in North America, but also […]
Amgen’s Otezla wins patent battle, but a marketing war may await, says GlobalData
The recent ruling in favor of upholding Amgen’s patents for its phosphodiesterase inhibitor Otezla (apremilast) until its patent expiry in 2028 is an important safeguard for Amgen, according to GlobalData, and will allow the company to protect the last seven years of Otezla’s sales. The leading data and analytics company notes that, despite Otezla’s assured […]
Two, three-wheelers and buses at forefront of India’s electrification agenda, says GlobalData
Vehicle electrification has become a strategic priority for the stakeholders of the automotive market in India. Therefore, everybody is undergoing the essential ‘upskilling’ phase to be future-ready for electric vehicles (EV). To give an impetus to this idea, India plans to prioritize the electrification of the two-wheelers, three-wheelers and buses, says GlobalData, a leading data […]
Former Soviet Union expected to lead global working gas capacity additions by 2025
The Former Soviet Union (FSU) is expected to lead the global planned and announced working gas capacity additions, contributing approximately 34% of the total global capacity additions by 2025, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Capacity and Capital Expenditure Outlook for Underground Gas Storage, 2021–2025 – Gazprom to Drive […]
Washington Capitals and Caesars Entertainment build on US sports betting industry momentum in $5m multi-year jersey patch deal
Caesars’ jersey partnership with National Hockey League (NHL) side Washington Capitals further adds to an industry that has been growing in North America since the removal of the US Professional and Amateur Sports Protection Act (PASPA), with sponsorship from betting and gambling firms in North America now worth nearly $450m in 2021, says GlobalData, a […]
Enterprise security spending in South Korea to reach US$2bn in 2025, forecasts GlobalData
The total addressable market size of enterprise security in South Korea, in terms of spending opportunity, is poised to reach US$2bn in 2025 as the need to secure vital information assets against security breaches becomes crucial for enterprises shifting towards digital infrastructure, says GlobalData, a leading data and analytics company. According to GlobalData Market Opportunity […]
Supply chain and inflation issues should galvanize UK restaurants to start sourcing locally, says GlobalData
The UK restaurant sector suffered heavy losses due to the pandemic, with the market value falling by 43% in 2020 to £18.2bn – a whopping £13.9bn loss*, according to GlobalData. The sector’s recovery will be hampered by problems in the industry for restaurants and pubs relating to labour shortages and price hikes for food. However, […]
High Delta variant prevalence in children places millions of adults in nursing homes at risk
The Delta variant continues to infect a substantial number of school-aged children as school begins throughout the US. This may exacerbate transmission to the general population and subsequently place millions of adults at risk for severe COVID-19, such as those living in nursing homes at an additional risk for contracting COVID-19, says GlobalData, a leading […]
Combination therapy approaches may be the most promising method for glioblastoma multiforme patients, says GlobalData
With Bristol Myers Squibb’s (BMS) Phase III CheckMate-498 and CheckMate-143 Opdivo (nivolumab) studies both failing to meet primary or secondary endpoints, the use of single-agent PD-1 blockade for glioblastoma multiforme (GBM) remains unsatisfactory, says GlobalData. The leading data and analytics company notes; considering that multiple immunosuppressive mechanisms and low immunogenic responses are observed in GBM, […]
Philippines make-up sector to be driven by eco-friendly and efficient product launches, says GlobalData
The make-up sector in the Philippines is expected to be driven by efficient and eco-friendly product launches. Consequently, this is likely to boost the sector to grow at a compound annual growth rate (CAGR) of 6.6% from PHP9.9bn (US$0.2bn) in 2020 to PHP13.6bn (US$0.3bn) in 2025, according to GlobalData, a leading data and analytics company. […]
AME telecom operators to add 7.58 million 5G subscribers in 2021 due to expanding coverage of 5G networks, says GlobalData
The total number of 5G subscribers in Africa and the Middle East (AME) will reach 10.4 million by 2021, with the majority of 5G networks being in the Gulf Cooperation Council (GCC) countries, Israel, and South Africa, says GlobalData. According to the leading data and analytics company, 7.58 million 5G subscribers will be added in 2021, […]
Mox failure in Hong Kong highlights need to resonate with customers, says GlobalData
Mox Bank Limited (Mox), a virtual bank created by Standard Chartered in partnership with PCCW, HKT and Trip.com, failed to make a mark in the Hong Kong banking market. The failure highlights that the ability to launch a proposition that resonates with customers remains elusive for many, says GlobalData, a leading data and analytics company. […]
Next-generation plant-based eggs could be a gateway ingredient into healthier eating, says GlobalData
With almost a third* of global consumers telling GlobalData that they are willing to choose vegan eggs over traditional eggs, the leading data and analytics company notes that these could offer consumers a gateway into plant-based/vegan diets. Carmen Bryan, Consumer Analyst at GlobalData, comments: “Plant-based eggs are the perfect transitional product to adopt a healthier […]
Amylyx’s ALS drug AMX0035 likely available much sooner than expected, says GlobalData
Following the recent shift in the FDA’s stance on Amylyx Pharmaceuticals’ AMX0035* new drug application (NDA), leading data and analytics company, GlobalData, expects that this drug could be available for amyotrophic lateral sclerosis (ALS) patients much sooner than anticipated. Sarah Elsayed, Neurology Analyst at GlobalData, comments: “As AMX0035 targets a serious neurological condition with huge […]
Defense Solar Farm demonstrates no area of government is immune to the Greening Agenda, says GlobalData
Following today’s news (29 September) that the British Army has opened its first solar farm at the Defence Training School of Transport in Leconfield; Daniel Morris, Lead Analyst at GlobalData Aerospace, Defence and Security, a leading data and analytics company, offers his view: “The MoD has been pushing ahead with a number of programs since […]
‘Shock factor’ soft drink flavors on the rise, says GlobalData
The traditionally popular flavors of cola, lemon-lime and pepper saw a combined 4.3% volume decrease in 2020, according to GlobalData. While these flavors will remain dominant, the leading data and analytics company says that leading drinks brands are making room to experiment with unique, limited-time-only flavors that entice a young generation that is fuelled by […]
NFTs have potential to transform IP industry, says GlobalData
Non-fungible tokens (NFTs), at the outset, were predominantly used by artists to claim the ownership and novelty of their digital creative work. Nevertheless, enterprises have entered the space to use the technology to their advantage. Several established companies have filed patents in the NFT space to secure their innovations, which endorse the technology’s potential to […]
Air India opens for bids, but investment in the struggling airline could prove risky, says GlobalData
As the bidding war for Air India hots up, there is evidence to suggest the Indian travel market is more interested in value for money, rather than preserving its full-service legacy carrier. Research by leading data and analytics company GlobalData indicates that the Indian aviation market has a strong preference for low-cost carriers (LCCs). Craig […]
Thailand make-up market to be catalyzed by natural and value-for-money offerings, says GlobalData
The make-up market in Thailand is expected to be driven by natural and value-for-money product offerings. Subsequently, this is likely to incentivize the make-up market, which is projected to grow at a compound annual growth rate (CAGR) of 7.2% from THB19.7bn (US$0.6bn) in 2020 to THB27.9bn (US$0.9bn) in 2025, forecasts GlobalData, a leading data and […]