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Following the news on 4th March 2019 that US-based biotechnology company, Biogen, has agreed to acquire London-based clinical-stage gene therapy company, Nightstar Therapeutics, which is focused on adeno-associated virus treatments for inherited retinal disorders, for approximately $800m, Maura Musciacco, MSc, Neurology & Ophthalmology Director at GlobalData, offers her view: “Biogen continues its diversification strategy through […]
Contactless transactions set to surge in Poland following raise in payment limit, says GlobalData
An increase in the number of people using banks, availability of low cost bank accounts, lower interchange fees and improved infrastructure have positioned Poland as one of the most advanced and innovative payment markets in Europe. Effective from the second quarter (Q2) 2019, contactless usage is anticipated to grow further in the country due to […]
China dominates list of global top VC funded emerging tech companies in 2018, reveals GlobalData
Four of the top five venture capital (VC) funded companies in the global emerging tech space were from China in 2018, according to GlobalData, a leading data and analytics company. The four Chinese companies raised a combined disclosed VC funding of $20.5bn while Singapore-based Grab, which is into digital business space, is the only non-Chinese […]
Top 20 VC deals account for over 80% of total deal value in payments tech space in 2018, says GlobalData
Low value deals (investment <=$10m) accounted for the majority of venture capital (VC) investments in the payment tech space in volume terms during 2018. However, the top 20 deals contributed more than 80% of total deal value during 2018, according to GlobalData, a leading data and analytics company. The number of VC deals with value […]
More than two-thirds of world’s megacities will be located in Asia by 2025, says GlobalData
Robust economic growth and rapid urbanization over the last few decades has resulted in the creation of a number of megacities in Asia. Against this back drop, 33 out of the projected 49 megacities will be located in the region, according to GlobalData, a leading data and analytics company. China to lead with 19 cities […]
M&A volume surges while VC funding count fluctuates in payment tech space between 2014 and 2018, says GlobalData
The payment technologies space witnessed a consistent growth in M&A volume between 2014 and 2018; however, venture capital (VC) funding fluctuated during the same period, according to GlobalData, a leading data and analytics company. M&A volume increased at a compound annual growth rate (CAGR) of 35.1% during the review period, with growth witnessed across all […]
Acrylonitrile capacity in China expected to witness double digit growth by 2022, says GlobalData
China’s Acrylonitrile plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 12.1% from 2.124 million tonnes per annum (mtpa) in 2017 to 3.754 mtpa in 2022, according to GlobalData, a leading data and analytics company. The company’s report: ‘Acrylonitrile Industry Outlook in China to 2022 – Market Size, Company Share, […]
ITC Wills Lifestyle unveils new brand identity to engage with eco-friendly consumers, says GlobalData
Following the recent news that India-based apparel brand ITC Wills Lifestyle has launched a new brand identity – WLS – as part of its strategy to go all 100% natural, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, offers her view: “Ethical fashion and sustainable clothing is one trend which is disrupting the entire clothing industry. […]
Swiggy’s grocery delivery service Stores likely to face stiff competition in India, says GlobalData
Following the recent announcement that Naspers-backed India-based food-delivery start-up Swiggy is foraying into on-demand product deliveries across categories with concierge-like service ‘Swiggy Stores’ in Gurugram, a city just southwest of national capital New Delhi, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, a leading data and analytics company, offers her view: “Swiggy, which in December 2018 […]
Caustic Soda capacity in India expected to witness moderate growth by 2022, says GlobalData
India’s Caustic Soda plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 6.1% from 3.751 million tonnes per annum (mtpa) in 2017 to 5.032 mtpa in 2022, according to GlobalData, a leading data and analytics company. The company’s report: ‘Caustic Soda Industry Outlook in India to 2022 – Market Size, […]
China to lead global crude distillation unit capacity growth by 2023, says GlobalData
China is expected to lead the global refinery industry in terms of capex as well as crude distillation unit (CDU) capacity additions during the outlook period 2019–2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Global Capacity and Capital Expenditure Outlook for Refineries – China Leads Global Refinery Capex […]
Kellogg’s eyes Indian snacks giant Haldiram’s to diversify beyond core breakfast cereal category, says GlobalData
Following the news that breakfast cereal behemoth Kellogg’s is in discussions to buy a 51% stake in two divisions of India-based snack maker Haldiram’s for US$3bn, Sumit Chopra, Consumer Research Director at GlobalData, a leading data and analytics company, offers his views: “Kellogg’s has been scouting for opportunities to foray into the traditional sweets & […]
Major economies set for moderate slowdown in 2019, says GlobalData
Major global economies, including the US, the EU region, Indonesia, Russia and China, are set for a moderate slowdown in 2019 owing to uncertainties related to the protectionist policies advocated by various national governments, lower levels of consumer confidence and high levels of national debts, according to GlobalData, a leading data and analytics company. Financial […]
AI attracts largest number of investors while payments technology commands highest investors-to-idea ratio, finds GlobalData
Among all emerging technologies, artificial intelligence (AI) has attracted the largest number of investors during 2018, according to GlobalData, a leading and data analytics company. With an increasing application of AI technologies across industries, more than 1,900 investors funded 1,000 AI-based companies in 2018. Some of the key funded companies working in the AI space […]
Asia to dominate global refining industry’s capacity and capex by 2023, says GlobalData
Asia is expected to lead the global refining industry, both in terms of capacity as well as capital expenditure (capex), between 2019 and 2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘Global Refining Industry Outlook to 2023 – Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned […]
China’s JinkoSolar leads global solar PV module shipment ranking in 2018, reveals GlobalData
JinkoSolar Holding was the leading company in terms of global solar photovoltaic (PV) module shipments in 2018, according to GlobalData, a leading data and analytics company. JinkoSolar topped the table with 11.6 gigawatts (GW) of PV modules compared to the second ranked JA Solar’s 8.8 GW. Majority of the companies featured in the table are […]
Patient coverage under P4P model for Pfizer’s Ibrance limited in current phase, says GlobalData
Pfizer, in collaboration with Shanghai Branch of PICC Health Insurance and the Shanghai MediTrust Health, launched China’s first pay-for-performance (P4P) model featuring its blockbuster breast cancer drug Ibrance – ‘Bo’ai Xin’an – Patient Benefit Management Program’ – in late January 2019. Against this backdrop, Prashant Khadayate, Pharma Analyst at GlobalData, offers his view on Pfizer’s […]
Asia will drive global economy in 2019, says GlobalData
Asia will drive the global economy in 2019, according to an analysis of 40 major economies based on inflation and GDP growth forecasts by GlobalData, a leading data and analytics company. The company’s analysis categorizes each country by ‘Low’, ‘Moderate’ and ‘High’ GDP growth rate together with ‘High Inflationary Economies’ during the period 2014-2018 (annual […]
Chinese companies outpace western counterparts in VC funding in 2018, says GlobalData
Chinese companies have outpaced their western counterparts by value in the top five VC funded companies in the global payments space during 2018, according to GlobalData, a leading and data analytics company. Of the top five, two companies represented China with a combined value of $14.73bn, followed by two American firms with a combined value […]
Despite Phase III failure, Gilead’s selonsertib may still have place in NASH combination therapy strategy, says GlobalData
Despite its failure in the Phase III STELLAR-4 trial, Gilead Sciences’ lead non-alcoholic steatohepatitis (NASH) drug candidate, selonsertib, may still have a place in NASH combination therapy strategy, according to GlobalData, a leading data and analytics company. On 11 February 2019, the American biotechnology giant announced that selonsertib did not meet its primary endpoint in […]