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Zucara Therapeutics recently announced the publication of ZT-01 preclinical data for the treatment of insulin-induced hypoglycemia in patients with type 1 diabetes (T1D). Zucara is currently conducting a Phase 1b proof-of-concept clinical trial in people with T1D, with results anticipated in Q2 2022. With few therapeutics in development that focus on hypoglycemic prevention specifically, GlobalData […]
Crypto markets exiting hype era, says GlobalData
Following the news that Crypto prices fell in the aftermath of Russia invading Ukraine George Monaghan, Thematic Analyst at GlobalData offers his view: “There is speculation that the Russia-Ukraine conflict will eliminate the prevalent belief that crypto is safe from geopolitical disruption, in a way akin to gold. “The idea of crypto being a safe […]
Airbus partnership indicates route to feasible hydrogen aircraft, says GlobalData
Airbus has long been a leading company in the hydrogen aircraft theme and is in the process of developing three new aircraft powered by hydrogen. Its recent partnership with CFM International (a subsidiary of GE and Safran) will use a converted A380 with a hydrogen combustible engine and is a major step in the development […]
Online travel market set to reach $765.3 billion by 2025, with COVID-19 accelerating digitization, says GlobalData
COVID-19 has accelerated the need for companies within the travel and tourism industry to rapidly invest in digital strategies including the global online travel market which is expected to grow at a compound annual growth rate (CAGR) of 8% to reach $765.3 billion between 2022 and 2025, according to GlobalData. The leading data and analytics […]
46% of travel app venture financing deals involved ridesharing, rental, or hailing companies in 2021, says GlobalData
Out of the 26 travel app venture financing deals in 2021, 46% of them involved ridesharing, rental, or hailing companies, according to GlobalData. The leading data and analytics company notes that this significant percentage showcases renewed confidence from investors as the impact of the pandemic lessens, as well as their keen interest in technologically advanced […]
Middle East set for low-cost carrier boom as market share grows by almost 8% in 10 years, says GlobalData
In 2009, low-cost carriers in the United Arab Emirates (UAE) and Saudi Arabia consisted of 8.8% of all seats sold within their respective markets and this had almost doubled to 16.3% by 2021 according to GlobalData’s Passenger Airlines Database. The leading data and analytics company finds that these statistics show that demand for low-cost airlines […]
Italy’s enforcement of ‘Golden Power’ law signals potential increase of foreign direct investment scrutiny, says GlobalData
Italian authorities have acted following a potential breach of the ‘Golden Power’ law. The breach was in the form of a Chinese company purchasing an Italian military drone manufacturer, via a Hong Kong company to avoid scrutiny but with the aim of production being transferred to China. Italy is concerned about the potential for China […]
The trauma fixation market will reach $5.9 billion by 2030 due to improving patient outcomes, says GlobalData
Trauma fixation devices are considered to be the essential first-line treatment for bone fractures. According to GlobalData analysis, the trauma fixation market is valued at $5.3 billion in 2021 and will reach $5.9 billion in 2030, with a Compound Annual Growth Rate (CAGR) of 1.3% from 2021 to 2030. According to GlobalData’s market model, ‘Trauma […]
The US was the biggest market for TMT IPOs in the last four years with the number doubling in 2021, says GlobalData
The US was the largest market for TMT IPOs between 2018 and 2021 with the number of IPOs doubling last year to make the country the biggest IPO market of all time, says GlobalData, the leading data and analytics company. Swati Verma, Associate Project Manager for the Thematic Team at GlobalData, comments: “Reverse merger listings […]
Company filings hint at 2022 being a good year for M&A, says GlobalData
Companies appear to be confident in acquisition and deal-making strategies in 2022 despite the ongoing pandemic and inflationary pressures says GlobalData. The leading data and analytics company found that mentions of Mergers and Acquisitions (M&A) in earnings call transcripts rose by 8% in January 2022 compared to the same month last year. Rinaldo Pereira, Business […]
Haplo-cord treatment may provide permanent cure for over 37.7 million HIV sufferers, says GlobalData
Following the recent news that the woman referred to as ‘the New York patient’, who received haplo-cord treatment four years ago, is now off HIV medication and remains asymptomatic and healthy: Sultan Ahmed, Infectious Disease Analyst at GlobalData, a leading data and analytics company, offers his view: “The haplo-cord transplant, conventionally used for cancer treatment, […]
Airbus expected to grow due to massive increase in new order intake value, says GlobalData
Following the news that Airbus SE reported strong financials for FY 2021; Tushar Sudesh Mangure, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Airbus seems to have successfully navigated through the COVID-19 pandemic as it attracted higher deliveries and a significant increase in new orders which helped boost the performance of its […]
Global chronic myeloid leukemia market set to decline due to most medication losing patent protection by 2030, says GlobalData
The chronic myeloid leukemia (CML) therapy market is dominated by tyrosine kinase inhibitors (TKIs) targeting aberrant BCR-ABL1. However, with all but one of the currently marketed BCR-ABL1 TKIs due to lose patent protection by 2030, the global market is set to decline from $4.25 billion in 2020 to $3.35 billion in 2030, says GlobalData. According […]
Defense industry CEO’s call on Defense Secretary to allocate specific funding to advance hypersonic weapons says GlobalData
The US is pursuing numerous hypersonic weapons programs, with three military branches, as well as DARPA and the Missile Defense Agency also pursuing their own programs. As a result, the forthcoming budget will likely look in detail at viability concerns surrounding programs and make tough decisions around ongoing funding says GlobalData. During a meeting between […]
US average overseas tourism expenditure per person reached $3,580 in 2021, making it the most valuable globally, says GlobalData
With an average spend per resident amounting to $3,580, the US source market is projected to be the most valuable globally in terms of average overseas tourism expenditure in 2021, according to GlobalData’s latest forecast. The leading data and analytics company notes that the willingness of the US market to dedicate significant amounts of its […]
Upstream sector dominates UK oil and gas projects starts by 2026, says GlobalData
The upstream (fields) sector is forecasted to dominate the upcoming projects count in the UK during the next four years, accounting for more than 70% of the total projects starts anticipated during that time, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Europe Oil and Gas Projects Outlook to 2026 – Development Stage, […]
Cruise intermediaries’ revenue increased by 65% due to pandemic which drove cruise tourists to book direct, says GlobalData
As a result of the COVID-19 pandemic, cruise bookings have shifted away from intermediaries with cruise tourists opting to book directly with the cruise line rather than through an Online Travel Agent (OTA) or the high street, finds GlobalData, the leading data and analytics company. Industry revenue from cruise intermediaries in 2021 increased by 65% […]
Global low carbon hydrogen pipeline projects reach 42 mtpa with 2022 a crucial year for progressing final investment and construction decisions, says GlobalData
With global leaders in search of energy solutions that help achieve decarbonization and enhance energy security, the global hydrogen energy transition market seems to be on track to becoming a major global energy source in its own right with the fuels use gathering momentum. Interest in the low carbon hydrogen as a way to accelerate […]
PepsiCo’s ingredients and packaging innovations may reinforce brand loyalty despite price hikes, says GlobalData
Following the fourth quarter and final year announcement results from PepsiCo; Chloe Gbadero, Senior Beverage Analyst at GlobalData, a leading data and analytics company, offers her view: “PepsiCo has comfortably exceeded initial expectations in Q4, driven by effective net pricing and higher advertising and marketing expenses. “However, it’s not been smooth sailing. Rising inflation has […]
The US and China attracted more than two-thirds of the world’s high-value VC investments in 2021, finds GlobalData
Start-ups in countries with conducive ecosystems were attracting high-value investments (more than or equal to US$100 million) in 2021 with Venture Capital (VC) firms betting big. More specifically, investors have shown huge interest in start-ups in the top two markets, the US and China, which managed to attract around 70% of the volume and value […]