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Marketed therapeutics for the treatment of acromegaly generated sales of at least $33m in Italy in 2019. The value of this market is expected to more than double, surpassing $75m in 2029, according to GlobalData, a leading data and analytics company. GlobalData’s recently published report, ‘Acromegaly and Gigantism: Global Drug Forecast and Market Analysis to 2029’, reveals that the size of the Italian acromegaly market will increase at a 10-year compound annual growth rate (CAGR) of 8.6%. Magdalene Crabbe, Senior Pharmaceutical Analyst at GlobalData, comments: “The Italian market will experience rapid […]
European Telcos stop the lockdown freebies and focus on driving customers to digital services and channels, says GlobalData
The first round of COVID-19 lockdowns in Europe saw an immediate, high-profile and fairly universal response from European telcos announcing free consumer service benefits ranging from additional mobile data boosters to bonus family entertainment content. However, the second wave has, so far, seen very little such activity – with telcos instead encouraging customers to self-service […]
Avastin and Tecentriq combination to take over standard of care in hepatocellular carcinoma, says GlobalData
Following the string of approvals this year for Roche’s combination of Avastin (bevacizumab) and Tecentriq (atezolizumab), key opinion leaders interviewed by GlobalData from the five major European pharmaceutical markets (5EU*) and China have noted that the majority of patients would receive Avastin plus Tecentriq in the first-line setting. This offers a major competition to current […]
Smarter hearables to overcome COVID-19 slowdowns on path towards becoming $146bn industry, says GlobalData
While lockdowns in China in early 2020 damaged the number of shipments of hearables technology and delayed production, adoption of this technology by consumers has remained strong. This was driven by increased digital media consumption, the widespread shift to home-working and the popularity of virtual fitness coaching. As hearables manufacturers continue to add more artificial intelligence […]
While Pfizer and BioNTech’s ‘90% efficacy’ data raises expectations for mRNA vaccines, it will take many more months for key questions to be answered, says GlobalData
Following the news that Pfizer and BioNTech have announced their COVID-19 vaccine is more than 90% effective in first interim data readout; Philipp Rosenbaum, PhD, Senior Infectious Diseases Analyst at GlobalData, a leading data and analytics company, offers his view: “Experts initially assumed that first iterations of a COVID-19 vaccine would show efficacies not much […]
Auto industry in UK now better prepared for lockdowns, says GlobalData
Following the news that the UK new car market was down by 1.6% in October, according to data released by the Society of Motor Manufacturers and Traders (SMMT); David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The latest market data is much as expected given Covid-induced population restrictions […]
Jaguar Land Rover struggling on EU CO2 emission fines, says GlobalData
Following the news that Tata-owned Jaguar Land Rover (JLR) has set aside GBP90 million in expectation of missing EU average CO2 fleet targets in 2020 and therefore incurring a penalty; Mike Vousden, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “JLR is emerging as one of the manufacturers struggling to […]
Ford Q3 earnings strong, but there are challenges ahead, says GlobalData
Following the news that Ford posted net income of $2.4bn for the third quarter, exceeding expectations; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Like several other carmakers, Ford is getting a boost from higher demand – especially in the US – after the pandemic-induced low points earlier […]
With US election days away, speed of future COVID-19 therapies and vaccine hang in the balance, says GlobalData
The use of Emergency Use Authorizations (EUA) has been deeply polarizing in the US. With only days left until the presidential election, a growing number of pharmaceutical companies are expected to file for emergency use of their products—both therapeutic and prophylactic—to allow for expedited approval and distribution, according to GlobalData, a leading data and analytics […]
Antibodies against SARS-CoV-2 wane over time, suggesting immunity may be short-lived, says GlobalData
Following new data from Imperial College London (ICL) suggesting that antibody levels against SARS-CoV-2 wane over time; Michael Breen, PhD, Director of Infectious Diseases and Ophthalmology at GlobalData, a leading data and analytics company, offers his view: “One of the most salient implications for the new data by ICL, which suggests that antibody levels against […]
Canadian LNG sector struggles amid low gas prices and LNG supply glut, says GlobalData
Significantly low gas prices and the global LNG supply glut caused by COVID-19 has led to a delay in upcoming LNG projects in Canada. Prevailing market conditions are making it difficult to find investors – even for projects in Western Canada, which are relatively closer to some of the biggest LNG buyers in Asia such […]
PAH market forecast to grow at 5% CAGR by 2029, says GlobalData
With recent pipeline approvals of varying mechanisms and an influx of newly diagnosed patients, the pulmonary arterial hypertension (PAH) market is expected to grow at a 5% compound annual growth rate (CAGR) from 2019 to 2029 in the seven major markets*, says GlobalData, a leading data and analytics company. Kajal Jaddoo, Associate Pharma Analyst at […]
UK coffee and tea sector sees £1.2bn downwards revision for 2020 due to COVID-19, risking collapse of cosy coffee culture, says GlobalData
As the UK faces a ‘second wave’, there are rising concerns around how COVID-19 is impacting the UK’s coffee and tea shops – with big names such as Costa and Pret-a-Manger announcing plans to cut more than 1,500 and 3,000 jobs, respectively. The sector has shrunk from £6.6bn in 2019 to a COVID-19-adjusted forecast of […]
Biopharma companies more optimistic about 2020 imports/exports than in Q1, says GlobalData
Senior management of biopharma companies were more optimistic about the COVID-19 pandemic’s effect on imports/exports in Q3 compared to Q1, according to respondents who completed GlobalData’s Pharmaceutical Trade and Supply Chain Survey, fielded in Q3 2020. Fiona Barry at GlobalData comments: “Across all company types and regions, 92% of companies said COVID-19 poses a risk […]
Shared mobility faces major COVID-19 threat, says GlobalData
A new study by GlobalData, a leading data and analytics company, highlights the threat to the formerly buoyant ride-hail sector posed by changed consumer attitudes across the world due to the COVID-19 pandemic. Mike Vousden, Automotive Analyst at GlobalData comments: “In simple terms, the concept of shared mobility is now in question as consumers re-evaluate […]
AR has potential to disrupt future oil and gas operational functions, says GlobalData
While the adoption of augmented reality (AR) in the oil and gas (O&G) industry is in the introductory phase, this evolving technology has the potential to disrupt the traditional operational functions in the sector over the next three to five years, according to leading data and analytics company, GlobalData. Worth nearly $4bn in 2018, the […]
Gibbs&Cox’s latest DARPA contracts yet another leap forward in USV industry, says GlobalData
Following the recent news that Defense Advanced Research Projects Agency (DARPA) has awarded seven contracts for the first phase of the No Manning Required Ship (NOMARS) program; Captain (Rtrd) Nurettin Sevi, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “The US Department of Defense (DoD) has been making […]
No full global automotive market recovery forecast until 2023, says GlobalData
The global light vehicle market is forecast by GlobalData, a leading data and analytics company, to stay under pre-pandemic levels until 2023. Calum MacRae, Automotive Analyst at GlobalData, comments: “Demand and industry output is now in recovery phase, but the economic foundations for the global vehicle market are fundamentally damaged.” GlobalData forecasts that the global light […]
Skadden and Kirkland & Ellis were top legal advisers by value and volume for Q1-Q3 2020, says GlobalData
Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers for Q1-Q3 2020 by value and volume, respectively, according to GlobalData’s Financial Deals Database. Skadden advised on 130 deals worth US$202.1bn, which was the highest among all the advisers. Meanwhile, Kirkland & Ellis led in volume terms and […]
Impact of COVID-19 forces pipeline operators in the US to continue adopting conservative strategies, says GlobalData
The COVID-19 pandemic has significantly impacted the US pipeline sector and operators are left with little choice than to adopt strategies to save cash. As a result, several pipeline companies in the country continue to delay or stall pipeline projects or reduce capital expenditure. In hindsight, pipeline operators are also analyzing the impact of COVID-19 […]