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NLS Pharmaceutics has recently announced new data confirming that its narcolepsy product, a controlled release (CR) formulation of mazindol, has agonist activity at orexin-2 receptors (OX2R). While mazindol is a monoamine reuptake inhibitor like the many other stimulants used to treat narcolepsy, the additional OX2R agonist activity could give it a competitive edge in the […]
Mental health to be an increasingly important consideration for FMCG players
Mental health and wellbeing is a nuanced discussion that is gaining traction within the consumer sphere, and it is important for FMCG players to identify and adapt their strategies to these talking points, writes GlobalData, a leading data and analytics company. There are two main ways in which mental health is impacting the industry: through […]
Hong Kong’s card payment market to grow by 4.4% in 2021, forecasts GlobalData
Hong Kong card payments market, which registered subdued growth in 2020 due to the COVID-19 pandemic, is expected to rebound with the gradual economic recovery, rise in consumer spending and the launch of COVID-19 vaccination program and grow at 4.4% to reach HK$1,112.5bn (US$143.5bn) in 2021, forecasts GlobalData, a leading data and analytics company. According […]
ANVS401’s trial hints at promising new approach for early Parkinson’s treatment, says GlobalData
Annovis Bio recently announced positive results from a Phase IIa trial of its pipeline asset ANVS401 (posiphen) in patients with early Parkinson’s disease (PD). The data presented further strengthens the previous interim trial findings, where ANVS401 showed an improvement in the overall motor skill functions of PD patients with no serious adverse events, says GlobalData, […]
Compass Group’s move to go plant-based reflects massive industry shift to ‘greener’ operations, says GlobalData
Following today’s news (May 24th) that Compass Group plans to convert 40% of meals to plant-based alternatives by 2030; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “News that Compass Group is planning to convert 40% of its portfolio to plant-based meals is a key industry signifier, particularly […]
World MS Day: Opportunities remain for products that fulfil significant unmet needs in the MS market, says GlobalData
The multiple sclerosis (MS) therapeutics market is becoming increasingly crowded, but the overall fulfillment of unmet needs is medium. There are no curative therapies for MS, and most existing disease modifying therapies (DMTs) are only partially effective in preventing relapses, with limited impact on the accrual of disability. This means that most patients still experience […]
Pakistan’s card payment market to grow by 12.3% in 2021, forecasts GlobalData
The card payments market in Pakistan is set to grow by 12.3% in 2021 with expected economic recovery from the COVID-19 pandemic. The growth will be supported by government’s financial inclusion initiatives and gradual improvement in payment infrastructure, says GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of […]
UK’s 2022 Menu Labelling Requirements to have serious implications for restaurants’ recovery
The UK Government’s plan to introduce new Menu Labelling Requirements, which will enforce major foodservice operators to include a calorie count on the food items of both their digital and physical menus by April 2022, could come as a hard blow to the UK’s restaurant and pub and bar industries, which declined by 40.2%, from […]
Bio/Pharma industry works to solve worldwide shortage of viral vector component used in many COVID-19 vaccines
The bio/pharmaceutical industry is experiencing a shortage of viral vectors, a component needed to produce gene therapies and gene-modified cell therapies, as well as certain COVID-19 vaccines that require a viral vector, notably those from AstraZeneca and Johnson & Johnson (J&J), says GlobalData, a leading data and analytics company. GlobalData’s report, ‘The Outlook for Viral […]
BCMA-targeting therapy market to become highly competitive in the next five years, says GlobalData
Therapies targeting B-cell maturation antigen (BCMA) now account for approximately 10% of immuno-oncology drugs in Phase I-III development globally. With just two marketed agents available targeting BCMA, and impressive clinical data emerging from pipeline agents, the market for BCMA-targeting therapies is set to become increasingly competitive in the near future, says GlobalData a leading data […]
Entresto uptake likely to remain low compared to Ramipril in post-AMI treatment, says GlobalData
At the 70th annual American College of Cardiology (ACC) 2021 meeting, results were presented for the PARADISE-MI trial. The results demonstrate that for Novartis to remain competitive in the heart failure (HF) market, Entresto will likely require further long-term studies to determine an effective treatment regimen for a broader niche of the HF population including […]
Hostile relationship with North Korea, friction with Japan and China drive South Korea defense spending, says GlobalData
South Korea’s defense expenditure is anticipated to register 5.58% CAGR over 2022-2026 Continues to perceive Chinese military expansion with distrust and wary of Japan’s remilitarization plans Plans to eventually equip own aircraft with F-35B Lightning II aircraft and deploy them in a light carrier role With the collapse of the peace process with North Korea […]
Japan’s soups market to reach US$3.6bn in 2025, forecasts GlobalData
The Japanese soups market is projected to grow at a compound annual growth rate (CAGR) of 3.5% from JPY289.1bn (US$2.7bn) in 2020 to JPY343.1bn (US$3.6bn) in 2025, driven by rising demand for quick and easy-to-prepare food options, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Japan Soups Market Assessment and Forecasts to 2025’, […]
COVID-19 likely to have long-term impact on global diabetes market, says GlobalData
Prior to the COVID-19 pandemic, the diagnosed prevalence of type 1 diabetes (T1D) was predicted to grow annually by 0.93% in the US, and the diagnosed prevalence of type 2 diabetes (T2D) was expected to grow annually by 1.8%, according to GlobalData, a leading data and analytics company. As diabetes case numbers are expected to […]
Twitter influencers see AT&T, Discovery deal as bold strategic move, finds GlobalData
US-based telecoms giant AT&T has agreed to combine its WarnerMedia business, which includes HBO, CNN, Warner Bros. and TNT, with Discovery in a US$43bn deal to create a new streaming giant. Against this backdrop, the company witnessed a 200% jump in influencer conversations on Twitter during the third week of May 2021 over the previous […]
Convenient food options to drive Malaysia’s soups sector through 2025, says GlobalData
The Malaysia’s soups market is projected to grow at a compound annual growth rate (CAGR) of 1.0% from MYR61.1m (US$14.6m) in 2020 to MYR64.3m (US$15.2m) in 2025, driven by the growing demand of convenient food options among busy consumers, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Malaysia Soups Market Assessment and Forecasts […]
SK Innovation to support Ford electrification goals with BlueOvalSK joint venture, says GlobalData
Following the news that South Korean battery maker SK Innovation and Ford Motor have signed a MoU to form EV battery joint venture BlueOvalSK to manufacture battery cells and arrays in the US; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “With Blue Oval SK, […]
Increasing natural catastrophes accelerate reinsurance demand in Asia-Pacific, says GlobalData
Increasing frequency of natural catastrophic events has created demand for reinsurance in the Asia-Pacific (APAC) region as domestic insurers seek financial resources to cover such massive risks, according to GlobalData, a leading data, and analytics company. GlobalData’s insight report, ‘Global Reinsurance Market Outlook, 2021 Update – Market Analysis, Key Trends, Competitive Intelligence, Drivers, Challenges, Regulatory […]
Indonesia’s soups market to grow at 6.9% CAGR over next five years, forecasts GlobalData
The Indonesia’s soups market is projected to grow at a compound annual growth rate (CAGR) of 6.9% from IDR108.5bn (US$7.7m) in 2020 to IDR151.3bn (US$10.2mn) in 2025, owing to the rising demand of instant and shelf-stable soups products among busier consumers, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Indonesia Soups Market Assessment […]
Natures Organics taps into refillable packaging to minimize waste, says GlobalData
Australian personal care brand Natures Organics has launched ‘My Soda’, the first haircare brand in Australia to offer sustainable refill solutions in supermarkets, designed to curb plastic waste by almost 80%, says GlobalData, a leading data and analytics company. Namrata Sain, Consumer Insights Analyst at GlobalData, says: “As consumers turn away from single-use plastics, manufacturers […]