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Cheniere Energy is off to a strong start in 2021 as the company had Q1 earnings of US$1.54 per share and generated revenue of US$3.09bn. After four tough quarters, strong LNG demand has provided a boost for Cheniere and the company has managed to exceed expectations, says GlobalData, a leading data and analytics company. Steven […]
Merck & Co and BMS set to retain their positions as current and future key players in head and neck cancer, says GlobalData
Merck & Co. and Bristol-Myers Squibb (BMS) have transformed the treatment paradigm in advanced and metastatic head and neck squamous cell carcinoma (HNSCC) settings by improving real-world patient outcomes in the first and second-line metastatic setting. These two companies are expected to retain their position as market leaders in HNSCC, primarily based on proven product […]
Brands must focus on replicating meat-eating experience without the need for animal products to support sustainability, says GlobalData
42% of global shoppers say that they are unlikely to choose plant-based (vegan) alternatives to conventional red meat while 32% prefer the alternatives 27% of global consumers admit that one key reason for consuming plant-based alternatives to meat or dairy products is sustainability. Animal welfare is also on the list, at 33% To avoid alienating […]
Diagnosed prevalent cases of CKD in the US projected to increase by 15.90% by 2030, says GlobalData
Diagnosed prevalent cases of chronic kidney disease (CKD) in the seven major markets (7MM*) combined is expected to increase from 8.57 million cases in 2020 to 9.44 million in 2030, at an annual growth rate (AGR) of 1.02%, according to GlobalData, a leading data and analytics company. Of the 7MM, the diagnosed prevalent cases of […]
India’s retail outlook appears shaky with COVID-19 second wave, says GlobalData
Retail industry in India witnessed just 4.4% growth rate in 2020 compared to the 12.5% reported during 2018-19. Although recovery is expected in 2021, the outlook currently remains clouded as the second wave of COVID-19 continues to wreak havoc, says GlobalData, a leading data and analytics company. Ankita Roy, Retail Analyst at GlobalData, comments: “The […]
UK involvement in Tejas Mk.2 would be major victory for industry, says GlobalData
Following the news that UK Prime Minister Boris Johnson and Indian Prime Minister Narendra Modi laid out a roadmap for cooperation between the two countries, including an expression of intent to cooperate in strategic partnership within defense and security. Harry Boneham, Aerospace and Defense Associate Analyst at GlobalData, a leading data and analytics company, offers […]
Russia, China lead global small-scale LNG liquefaction capacity additions by 2025, says GlobalData
Russia and China are expected to lead the global small-scale LNG liquefaction capacity additions, together contributing 43% of the total small-scale liquefaction capacity additions between 2021 and 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, Global Small-Scale LNG Liquefaction Capacity and Capital Expenditure Outlook, 2021–2025 – Russia and China Lead Global Capacity […]
Europe the most committed territory for tourist board sport sponsorship with 80 active deals in 2021, according to GlobalData
European tourist boards account for roughly two thirds of the sectors active sponsorship agreements with the sports industry. The tourist board sector sees 123 active deals in 2021, with European tourist boards accounting for 80 partnerships. France and Spain, the two most popular travel destinations globally, are the most active countries with a combined 40 […]
Broadband providers should highlight network reliability for new normal era consumers, says GlobalData
Data speed has always been, and still remains, a key selling point for fixed broadband networks. However, many service providers in Europe have altered their pitches to emphasize service reliability, though there are often few to no guarantees around that metric, says GlobalData, a leading data and analytics company. Natasha Rybak, Principal Analyst Global Telecom […]
Small cell lung cancer market to reach $2.4bn by 2029 in the 8MM driven by launch of 10 pipeline agents, says GlobalData
The small cell lung cancer (SCLC) market has experienced moderate growth since 2016, and is expected to increase further, from $698m in 2019 to $2.4bn in 2029 across the eight major markets (8MM*) at a compound annual growth rate of 12.9%, according to GlobalData, a leading data and analytics company. Growth will be driven by […]
Results from post hoc study may bolster current use of Veltassa among older patients with CKD-HK, says GlobalData
A post hoc analysis of the multicenter AMETHYST-DN study found that the use of Vifor Pharma’s Veltassa (patiromer) significantly reduced serum potassium in patients ages 75 years and older with chronic kidney disease (CKD)-related hyperkalemia (HK). This study could be of high clinical value to physicians with elderly patients looking to find an optimal treatment […]
Carbon capture and storage playing field is dominated by oil giants with no room for smaller operators, says GlobalData
The oil and gas playing field will become increasingly difficult for small and medium sized producers, as the world is pushing towards energy transition. Smaller operators will need government intervention to incentivise carbon capture to promote investments, because these companies will have to expend relatively more resources to lower their emissions as compared to oil […]
Clinical trials continue to resume but are still impacted by slow enrollment, says GlobalData
The surge in new variants for COVID-19 and an increase in subsequent cases is continuing to have an impact on clinical trials, while still allowing them to resume. The total number of disrupted trials has levelled off, but the number of clinical trials that have resumed continues to rise, although somewhat slower than the initial […]
Harley-Davidson accelerates job postings in 2021, gears-up to increase ridership, finds GlobalData
Harley-Davidson has taken a multi-pronged strategy to boost ridership, develop its dealer network, and to build customer-dealer relationships. Job positions in January 2021 indicate the company is strengthening its dealer network by advising on ways to increase sales and also consulting with dealers on how to boost product development, finds GlobalData, a leading data and […]
Anesthesia and respiratory devices market to reach $20bn in 2025 driven by recent surge in 510(k) clearances, says GlobalData
The global market value for anesthesia and respiratory devices is projected to grow to $20bn in 2025, up from $16.8bn in 2021, according to GlobalData, a leading data and analytics company. New and innovative products making their way into the market will provide stable growth over the coming years. Kevin Dang, Medical Data Analyst at […]
Ford and BMW raise the stakes in race for solid-state batteries, says GlobalData
Following the news that Ford and BMW are leading a $130m funding round for solid-state battery startup, Solid Power; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “As car companies eye much higher volumes for electric vehicles over the next five years, they are also making moves to […]
Phoenix Cardiac Devices to shake up mitral valve treatment markets with BACE device, says GlobalData
Phoenix Cardiac Devices recently gained regulatory CE mark approval for its basal annuloplasty of the cardiac externally (BACE) device, for treatment of functional mitral regurgitation. The company is set to shake up the mitral valve treatment markets due to its device being placed outside of the heart, which is a beneficial feature since it reduces […]
China’s fast-track regulatory reforms face difficulties in attracting non-Chinese companies, says GlobalData
China has reformed its regulatory system in recent years to include various fast-track programs similar to the US, EU, and Japan to incentivize the development of drugs for unmet medical needs and serious conditions. However, only a few companies based outside of China have been granted priority review status by the National Medical Products Administration […]
Freeline Therapeutics edges ahead of gene therapy competitors by progressing dose escalation for FLT190 Phase I/II study, says GlobalData
Freeline Therapeutics recently announced plans to progress dose escalation for its Phase I/II trial for FLT190, an adeno-associated variant (AAV) based gene therapy for Fabry disease. The current position that Freeline has achieved with FLT190 places the company ahead of its direct competitors and into a strategic position to dominate the Fabry gene therapy landscape, […]
Unmet needs in T1D highlight significant market gaps despite robust pipeline, according to GlobalData
It is expected that 15 therapeutics will launch in the Type 1 Diabetes (T1D) market in the eight major markets (8MM*) before 2030. They include Adocia’s BioChaperone Insulin lispro, an ultra-fast prandial insulin; Zealand Pharma’s dasiglucagon, a liquid-stable glucagon to manage hypoglycemia for use in a bihormonal pump; and Provention Bio’s teplizumab, the first preventative […]