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The use of mobile wallets as the primary payment method in China has become widespread, surpassing traditional forms of payment like cash and cards. Consequently, China is among the top countries in terms of mobile wallet adoption and usage globally with 84% survey respondents indicating that they have a mobile wallet and used it, according […]
North America to drive global small-scale LNG liquefaction capacity additions through 2027, says GlobalData
North America is expected to witness the highest small-scale LNG liquefaction capacity additions globally during 2023-2027, contributing about 32% of the total global small-scale LNG liquefaction capacity additions by 2027, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Small-Scale LNG Liquefaction Capacity and Capital Expenditure (CapEx) Forecast by Region, Key Countries, Companies […]
Amneal Parkinson’s drug IPX203 needs to compete with novel subcutaneous levodopa delivery systems post FDA CRL, says GlobalData
Following the news that Amneal Pharmaceuticals received a complete response letter (CRL) from the FDA, concerning its new drug application for IPX203 (carbidopa/levodopa) as a treatment for Parkinson’s disease (PD); Christie Wong, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “Although levodopa has been the gold standard for patients with […]
Banking and payments industry takes center stage in AI discussions during Q2 2023, reveals GlobalData
Artificial intelligence (AI) continues to influence the way we live and work, generating a lot of discussions across different industries. The banking and payments industry had the highest discussions about AI after technology during the second quarter (Q2) of 2023, reveals the Company Filings Analytics Database of GlobalData, a leading data and analytics company. Misa […]
Sponsorship vital for NASCAR high-cost operations as Sunoco and Goodyear lead the way, says GlobalData
Sponsorship plays a crucial role in supporting The National Association for Stock Car Auto Racing (NASCAR) due to the high costs involved in running the sport. It contributes to the smooth and efficient operation of the racing series, exemplified by their top associations with Sunoco and Goodyear, supplying fuel and tires to each racing team, […]
Bad clinical practices overshadow BioXcel positive results for Igalmi in Alzheimer’s agitation, says GlobalData
Following the news that BioXcel Therapeutics announced positive top-line results from TRANQUILITY II (NCT05271552), a Phase III study of Igalmi (dexmedetomidine sublingual film) for the acute treatment of agitation episodes associated with Alzheimer’s disease (AD); Philippa Salter, Senior Neurology Analyst at GlobalData, offers her view: “Although the clinical trial met its primary endpoint for the […]
Microsoft, Salesforce generative AI investments drive innovation in low-code platforms, reveals GlobalData report
The digital transformation era has brought forth the need for accelerated app development and intelligent automation, prompting innovative enterprises to investigate how they can utilize emerging technologies in their businesses. Under this backdrop, Microsoft and Salesforce have been named leaders in the low-code space for their integration of generative AI, according to GlobalData, a leading […]
India economy set for robust growth in 2023, driven by domestic consumption and infrastructure boost, says GlobalData
Amidst a gloomy global economic scenario, India emerges as a ray of hope and is positioned to achieve the highest GDP growth rate among major economies in 2023. The growth will be driven by robust private consumption and investment, supported by government efforts to enhance infrastructure, logistics, and the overall business climate. However, a decline […]
Diagnosed prevalent cases of atrial fibrillation in 8MM to reach 15.64 million in 2032, forecasts GlobalData
The diagnosed prevalent cases of atrial fibrillation (AF) in the eight major markets (8MM*) are set to register an annual growth rate (AGR) of 2.16% from 12.86 million in 2022 to 15.64 million in 2032, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Atrial Fibrillation – Epidemiology Forecast to 2032,” reveals that […]
Adjunct long-term weight management will facilitate optimum results in UK obesity pilot scheme, says GlobalData
The UK has recently announced a two-year pilot scheme aimed at tackling obesity, which has become a significant financial burden on the National Health Service (NHS). With a budget of GBP40 million ($50 million) over two years, the program aims to reduce patient wait times for effective obesity drugs by enabling access through general practitioners […]
Venous thromboembolism market set to grow at 2.6% CAGR across 7MM, forecasts GlobalData
The venous thromboembolism (VTE) market is set to grow at a compound annual growth rate (CAGR) of 2.6% from $3.6 billion in 2022 to $4.6 billion in 2032 across the seven major markets (7MM*), forecasts GlobalData, a leading data and analytics company. The growth of the VTE market is expected to be restrained due to […]
Global M&A activity down by 21% YoY during January-May 2023, reveals GlobalData
The global merger and acquisitions (M&A) activity witnessed a significant year-on-year (YoY) decline from January to May 2023 in comparison to the corresponding period in the previous year. The total number of M&A deals announced globally during January-May 2023 amounted to 12,619, marking a decline of 21.4% compared to the 16,055 M&A deals announced during […]
Synthetic data startups redefining AI landscape to unlock new frontiers across industries, says GlobalData
Synthetic data startups are spearheading a revolution in artificial intelligence (AI) by redefining the landscape of data generation. With substantial venture capital investments and a clear sense of direction, these startups are transforming industries, overcoming data limitations, and propelling AI innovation to new heights, according to GlobalData, a leading data and analytics company. Kiran Raj, […]
Zolbetuximab niche patient target in gastric cancer will limit its potential in Japan, says GlobalData
Astellas Pharma recently filed new drug application (NDA) in Japan for zolbetuximab, a novel chimeric immunoglobulin G1 antibody highly specific for Claudin 18 isoform 2 (CLDN18.2) for the first-line treatment of gastric cancer patients. Following approval, the drug is expected to have limited potential in the first-line treatment setting, considering the clinical success of its […]
FDA approval for Pfizer Talzenna paves way for advanced treatment of gene-mutated metastatic prostate cancer, says GlobalData
Pfizer has received FDA approval for Talzenna, a combination therapy with Xtandi, as a treatment for metastatic castration-resistant prostate cancer (mCRPC) with homologous recombination repair (HRR) gene mutations. Talzenna becomes the first and only PARP inhibitor approved for use in combination with Xtandi, offering new hope for patients. Sales projections indicate significant growth potential, making […]
Asia-Pacific M&A deal activity down by 16.3% YoY during January-May 2023, reveals GlobalData
A total of 2,765 mergers and acquisitions (M&A) deals were announced in the Asia-Pacific (APAC) region during January to May 2023, a decline of 16.3% compared to the 3,304 M&A deals announced during the same period in the previous year, finds GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database […]
Unravel ESG 2.0 with GlobalData: Decoding decarbonisation and harnessing sustainable growth opportunities
As the landscape of environmental, social, and governance (ESG) considerations continues to evolve, it is essential for companies to stay ahead of the curve and adapt their strategies accordingly. Against this backdrop, GlobalData’s Thematic Intelligence team invites you to attend “ESG 2.0: Decoding Decarbonisation” webinar on Thursday, 29 June at 4pm BST/11am EST. During this […]
Indonesia mobile service revenue growth to remain tepid over 2022-2027, forecasts GlobalData
Indonesia’s mobile service revenue is poised to grow at a mere 0.3% compound annual growth rate (CAGR) from $10.4 billion in 2022 to $10.6 billion in 2027, with continued decline in mobile voice revenues outweighing steady progress in the mobile data service segment, according to GlobalData, a leading data and analytics company. GlobalData’s Indonesia Mobile […]
Intercept opportunity to market first-ever NASH therapy diminishes with negative FDA GDAC vote, says GlobalData
The FDA’s Gastrointestinal Drugs Advisory Committee (GDAC) has recently voted against Intercept Pharmaceutical’s new drug application (NDA) for obeticholic acid (OCA) 25 mg oral tablets as a treatment for pre-cirrhotic liver fibrosis due to nonalcoholic steatohepatitis (NASH) on the basis that the benefits did not outweigh the risks. The move will significantly reduce the potential […]
Wearable tech market poised to reach $156 billion in 2024, forecasts GlobalData
The market for wearables has been growing significantly in the medical device industry over the past several years. Wearables have the potential to address spiralling healthcare costs, aging populations, and the burden of chronic disease. Against this backdrop, the market for wearable technology is set to grow at a compound annual growth rate (CAGR) of […]