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Following the news today that UK car output declined by 14.2% in 2019 to 1.3 million units – the lowest annual total since 2010; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Last year was clearly a difficult one for the UK’s automotive industry. There were pressures at […]
Vaccine developments will bolster interest and market growth in the infectious diseases space, says GlobalData
Looking to the horizon for 2020, Michael Breen, Associate Director of Infectious Diseases, and Philipp Rosenbaum, Infectious Diseases Analyst, at leading data and analytics company GlobalData, comment on the key trends and events shaping the vaccines space in 2020. Expansion into new patient segments and geographies Breen says: “Merck’s Gardasil franchise has proven to be […]
Turkey’s 11th five-year plan to revive construction industry growth with output to reach $230bn by 2024, says GlobalData
Spurred on by the Turkish Government’s focus on developing transport, residential and energy infrastructure, as well as the investments under its 11th five-year development plan 2019–2023, the country’s construction industry is expected to recover from the current slump and rise to $230bn in 2024 – measured at constant 2017 US dollar exchange rates. GlobalData’s report, ‘Construction […]
Incyte’s topical Jakafi draws long-term side-effect caution, says GlobalData
Following Incyte’s announcement about positive topline Phase III results for topical Jakafi (ruxolitinib) in the treatment of mild-to-moderate atopic dermatitis (AD); Reynald Castaneda, Pharma Writer for the Investigative News team at GlobalData, a leading data and analytics company, discusses his reporting: “While experts I interviewed prior to Incyte’s announcement were optimistic about the Phase III’s […]
Construction activity to decelerate in Europe while Middle East and Africa rises from slump, says GlobalData
Construction activity growth in Europe is forecast to decelerate in 2020, while Growth in the Middle East and Africa region as a whole will steadily improve in 2020, following a contraction in 2018 and a relatively lackluster performance in 2019, says GlobalData, a leading data and analytics company. The slowdown in construction growth in Europe, […]
Huawei’s UK ambitions have been clear since 2003, says GlobalData
Huawei, at the centre of controversy over the UK’s 5G network, has not become a leading telecom equipment provider to the UK overnight. It has been steadily increasing its involvement in UK technology infrastructure for nearly 20 years. David Bicknell, principal analyst for the GlobalData Thematic Research Team, comments: “Huawei’s importance to the UK’s critical […]
Automotive sector is vulnerable to coronavirus impacts, says GlobalData
As the coronavirus crisis deepens, there are rising concerns over the potential economic impact, including for the global automotive industry; David Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “We are still at an early stage in this crisis and the authorities’ focus is obviously on direct human health […]
BorgWarner-Delphi Technologies merger a short-term fix for long-term issues ahead, says GlobalData
Following the news that BorgWarner is to acquire Delphi Technologies; Calum MacRae, Director of Automotive Product Development at GlobalData, offers his view: “Similar in rationale to the PSA and FCA merger, the recently announced move by BorgWarner and Delphi Technologies will help the two companies wrestle with the new challenges presented by the CASE megatrends and […]
Aviva’s strong consumer sentiment will ensure email mishap will not worry customers, says GlobalData
Following the news that Aviva has apologised after addressing millions of customers as ‘Michael’ in a mass email; Ben Carey-Evans, Insurance Analyst at GlobalData, offers his view: “Aviva has enough customer goodwill for this email error not to be an issue. This is clearly not ideal customer service and could even raise privacy concerns around […]
ExxonMobil to lead global ethylene capacity additions by 2030, says GlobalData
ExxonMobil is expected to lead global planned and announced ethylene capacity additions between 2019 and 2030, contributing around 5% of the global growth by 2030, according to GlobalData, a leading data and analytics company. The company’s report, ‘H2 2019 Global Ethylene Capacity and Capital Expenditure Outlook – China Leads Globally in Terms of Planned and […]
North America incurs highest crude oil refinery maintenance globally in 2019, says GlobalData
North America had the highest crude oil refinery capacity under maintenance (both planned and unplanned) globally in 2019, and the region had a refining capacity of 9.4 million barrels per day (mmbd) under both planned and unplanned maintenance in 2019, says GlobalData, a leading data and analytics company. The company’s report, ‘Global Crude Oil Refinery […]
Sustainability, prevention of cyber-attacks and connecting with generation hashtag the key insurance trends for 2020, says GlobalData
Sustainability will be the key trend in 2020 and for the coming decade as it is an industry-wide issue that will fundamentally change how insurers will do business and who they will partner with. Other key themes are the threat of cyber-attacks and how insurers will protect their clients and balances sheets and generation hashtag, […]
Immuno-oncology drugs and agents with novel MoAs to further influence treatment paradigms in cancer indications in 2020, says GlobalData
As 2020 commences for the pharmaceutical industry, Fern Barkalow, PhD, Senior Director of Oncology and Hematology, as well as members of her analyst team at leading data and analytics company GlobalData comment on some of the key trends that will continue to influence clinical development in both solid tumors and hematological cancers in 2020, including […]
Brexit impact on power sector remains elusive as UK reaches final phase countdown, says GlobalData
The UK’s power industry continues to remain uncertain by unknown risks and impacts of the post-Brexit scenario. Ankit Mathur, Practice Head of Power at GlobalData, provides his view on the potential impact: “The looming Brexit deadlock has created potential risks of higher prices for imported machinery and equipment, a shortfall in skilled and unskilled labor (given […]
Employees should tailor benefits packages to maximize employee satisfaction, says GlobalData
A recent survey has found that there are differences in the priorities of different generations when it comes to employee benefits packages, and employers should maximize packages by giving employees what they value most, says GlobalData. GlobalData’s UK SME Adoption of Employee Benefits 2019 report found that older generations within the workforce (baby boomers and generation X) are […]
Mesoblast’s stem cell candidate for chronic low back pain expected to have market access challenges, says GlobalData
In the search for non-opioid options to treat pain, Mesoblast has turned to a stem cell approach, which is currently in late-stage development for chronic low back pain. However, interviewed experts say its potential for Phase III success is uncertain due to scant human evidence with this stem cell product for treating pain. Even if […]
HPV testing devices market expected to total $440.2m by 2028, says GlobalData
There are more than 500,000 incident cases of cervical cancer each year, and yet 10% – 20% of women forego regular screening, according to GlobalData, a leading data and analytics company. This is something that events such as Cervical Cancer Prevention Week wish to address. Dara Lo, Medical Devices Analyst at GlobalData comments, “Remarkably, the […]
Key trends that will shaped the immunology market in the last decade, according to GlobalData
From an increase in sales of interleukin inhibitors to the prevalence of biosimilars, this decade has been an eventful one in the immunology industry. Patrick Aiyes, Senior Immunology Analyst at leading data and analytics company GlobalData, observes the key trends that has shaped the immunology market in the last decade: Key immunology drugs “The immunology […]
Antibiotic stewardship programs a double-edged sword for tackling sepsis, says GlobalData
News earlier this week highlighted that new data have emerged suggesting that sepsis is a bigger killer than cancer. Sepsis has proven to be deadly, but perhaps its most pernicious aspect is that it results from myriad factors, including uncontrolled infection and inflammatory processes across multiple organs. Experts interviewed by data and analytics company GlobalData routinely […]
Coupe leaves Sainsbury’s dreaming of what-ifs around Asda merger, says GlobalData
Following the announcement that Sainsbury’s Mike Coupe will be replaced by Simon Roberts; Patrick O’Brien, Retail Research Director at GlobalData, a leading data and analytics company, offers his view: “The replacement of Coupe with Simon Roberts appears to be an entirely amicable change, but the failure of Coupe’s attempt to merge the supermarket with Asda […]