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The emergence of new SARS-CoV-2 variants have been detected in over 40 countries and are disrupting drug development worldwide. The prevalence of these more transmissible strains is growing fast and may require adjustments to current therapies to ensure they retain clinical efficacy, says GlobalData, a leading data and analytics company. Nancy Jaser, PharmD/MBA, Pharma Analyst […]
SalioGen therapeutics’ non-viral gene therapy platform may potentially expand access to novel rare disease therapeutics, says GlobalData
In March 2021, SalioGen therapeutics raised $20m to support the preclinical validation of its non-viral gene therapy platform, exact DNA integration technology. The development of non-viral gene therapy manufacturing platforms will likely increase patient access to gene therapy and improve the cost-to-benefit ratio, says GlobalData, a leading data and analytics company. SalioGen has engineered a […]
Abbott positioned to be leading COVID-19 point-of-care diagnostics manufacturer in the US, says GlobalData
Abbott’s rapid COVID-19 antigen self-test, the BinaxNOW, is now widely available across the US at CVS Pharmacy, Walgreens, and Walmart without a prescription; Dara Lo, Medical Analyst at GlobalData, a leading data and analytics company, offers her view: “The trend of moving from hospital lab-based testing to more rapid testing outside of that environment is […]
Face coverings drive demand for tailored personal care solutions in $135.5bn global skincare market in 2021, says GlobalData
The widespread adoption of facemasks over the last year has brought light to the adverse effect they can have on skin-related conditions, such as rosacea or acne. With the rise of DIY treatments and popular multi-step regimes, skincare in general has seen a renaissance over the pandemic period. With the global market value forecast to […]
Blockchain technology provides a potential game changer for clothing supply chain transparency and sustainability, says GlobalData
As governments around the world crack down on companies whose supply chains are linked to forced labour and other unethical and unsustainable practices, clothing retailers that have not considered introducing blockchain technologies to help provide them with supply chain transparency stand to lose out, says GlobalData, a leading data and analytics company. Blockchain technologies enables […]
Collaboration is the stepping stone to fashion’s green future, says GlobalData
Fashion firms are beginning to wise up to the advantages of joining forces with their contemporaries and working together for the greater good of the industry as it looks to transition to a more circular economy, writes GlobalData, a leading data and analytics company. Beth Wright, Apparel Correspondent at GlobalData, comments: “No company can go […]
Russian construction industry set to grow by 2.6% in 2021 due to infrastructure investments, says GlobalData
The Russian construction industry contracted marginally in 2020, with output declining by 0.7% in real terms. The lockdown measures and subsequent economic slowdown, as well as the severe dip in oil and gas prices weakened the construction industry. However, supported by investment in major infrastructure projects, rising oil prices and global economic recovery, the industry […]
Petrochemical projects drive upcoming oil and gas projects in Saudi Arabia by 2025, says GlobalData
Petrochemical projects are expected to drive the commencement of upcoming projects across the oil and gas value chain in Saudi Arabia, accounting for around 61% of the total projects expected to start operations during the period of 2021 to 2025. Among these, new build projects dominate with 84%, while the rest are expansion projects, according […]
University Technology Licensing Program will boost novel drug development, says GlobalData
The University Technology Licensing Program (UTLP) was created to improve innovation in multiple sectors and facilitate more efficient licensing between commercial companies and the 15 universities in the program. The UTLP participating universities have a sizeable pipeline of over 240 early-stage drugs that could be out-licensed, say GlobalData, a leading data and analytics company. The […]
Petrobras must play its part to invest in other less capital-intensive sustainability efforts to reduce emission, says GlobalData
Despite a global effort in energy transition, Petrobras has expressed no interest to pivot into renewable energy due to lack of expertise. As a leader in Brazil, it must play its part to invest in other less capital-intensive sustainability efforts to reduce emission, says GlobalData, a leading data and analytics company. The company laid out […]
Anticipated boom in summer holiday bookings dampened by uncertainty over travel restrictions, says GlobalData
European operators were banking on summer 2021 providing an opportunity to start generating some much-needed income. However, many travelers have remained hesitant and the anticipated boom in travel may not occur to the desired extent. With uncertainty over what travel restrictions will be in place, many travelers remain reluctant to book, says GlobalData, a leading […]
Abacai Holdings could surge ahead of competitors with AI investments, says GlobalData
Abacai Holdings, a new insurtech, has the potential to surge ahead of competitors by prioritising the role of artificial intelligence (AI) in insurance. According to GlobalData, a leading data and analytics company, this is a good area to focus on as there is a lot of anticipation around the future of AI across all industries, […]
Copper production in Chile is forecast to rise by 3.7% in 2021, says GlobalData
In 2021, Chile’s copper output is expected to grow by 3.7% to 5,957.1kt. This figure is expected to reach 6,702.8kt in 2024 – posting a compound annual growth rate (CAGR) of 4%. Over 20 projects are expected to commence operations during this period, of which, seven are under construction and expected to add 641.3kt of […]
AstraZeneca needs to regain public trust by showing benefits of COVID-19 vaccine far outweigh risks, says GlobalData
Following the news that the European Medicines Agency (EMA) has confirmed a possible link between very rare cases of unusual blood clots after vaccination with AstraZeneca’s COVID-19 vaccine Vaxzevria; Philipp Rosenbaum, PhD, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “AstraZeneca has had its fair share of bad luck […]
New product trends for a New Year: 10 trends to watch in fast-moving consumer goods in 2017
Ugly is beautiful, cold is hot, and alcohol is healthy: trends from the world of fast-moving consumer goods that reflect the upside-down innovation expected to roil the consumer marketplace in 2017. These are just three of 10 hot new trends GlobalData unit expects to change the course of packaged goods innovation and marketing in the New Year.