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At this year’s American College of Cardiology (ACC) Scientific Session, Johnson & Johnson has presented positive results from “A DUE” analyses of Opsynvi (macitentan and tadalafil), providing insight into the drug’s ability to reduce pulmonary vascular resistance (PVR) in patients with pulmonary arterial hypertension (PAH). Against this backdrop, the PAH market across the seven major […]
Brain Awareness Week brings awareness to stroke risk, observes GlobalData
Brain Awareness Week is an annual global campaign that takes place from March 13-19, aimed at raising awareness and support for brain science and issues related to the brain and nervous system. One of the conditions that the campaign seeks to highlight is stroke. In the US, strokes rank as the fifth leading cause of […]
Nanoparticle-based deep brain stimulation therapy to revolutionize neurological disease treatment in South Korea, says GlobalData
The treatment of neurodegenerative diseases such as Parkinson’s or Alzheimer’s has been a longstanding challenge for medical researchers. However, researchers at South Korea’s Pohang University of Science and Technology have developed a new nanoparticle-based technique to administer electrical stimulation to the brain without the use of implanted electrodes. This has the potential to establish a […]
Artificial intelligence startups raise over $50 billion venture capital funding in 2022, reveals GlobalData
The rapid advancement of artificial intelligence (AI) has captured the attention of venture capital (VC) investors globally. Against this backdrop, 3,198 AI startups received $52.1 billion funding across 3,396 VC funding deals during 2022, reveals GlobalData, a leading data and analytics company. However, an analysis of GlobalData’s Financial Deals Database reveals that 2022 experienced a […]
Challenging market conditions fail to deter companies from discussing about investment around R&D, new technologies, reveals GlobalData
Amid the ongoing volatile market conditions, companies continue to engage in discussions surrounding potential investments. Despite the challenges posed by inflation, companies remain focused on driving innovation and growth in their respective industries, reveals the study of companies’ annual reports and earnings call transcripts by GlobalData, the leading data and analytics company. GlobalData’s latest report, […]
Global agriculture industry sees 13.5% rise in venture capital funding deal volume in 2022, reveals GlobalData
A total of 655 venture capital (VC) funding deals worth $7 billion were announced in the global agriculture industry during 2022. This is a growth of 13.5% in terms of deal volume compared to the previous year while the total value declined marginally, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead […]
Diagnosed prevalent cases of ulcerative colitis to surpass two million in 2031 across 8MM, forecasts GlobalData
The diagnosed prevalent cases of ulcerative colitis (UC) in the eight major markets (*8MM) are projected to increase from 1.9 million cases in 2021 to 2.1 million in 2031, equating to an annual growth rate (AGR) of 0.63%, forecasts GlobalData, a leading data and analytics company. Ulcerative colitis is an inflammatory bowel disease (IBD) characterized […]
APAC biotech companies lag US counterparts in venture funding for innovator drugs, finds GlobalData
Venture financing for early-stage innovator drugs by biotech companies headquartered in Asia-Pacific (APAC) and the US increased from 2020 to 2021. However, the APAC biotech companies received three times less investments than their US counterparts between 2018 and 2022, reveals GlobalData, a leading data and analytics company. According to GlobalData’s Pharma Intelligence Center Deals database, […]
GlobalData forecasts Australia heart valve market to reach $50 million in 2030
The sedentary lifestyle and unhealthy choices of the geriatric population in Australia will continue to put them at risk of cardiovascular diseases, especially after the COVID-19 pandemic. Consequently, the rising burden of these diseases will likely increase the demand for minimally invasive procedures, such as Anteris Technologies’ DurAVR transcatheter heart valve. Against this backdrop, the […]
GlobalData company filings report shows dwindling business sentiment, escalating macroeconomic risks in 2022
Inflation, Slowdown, Recession, Shortages, Supply Chain dominated discussions Ukraine among key countries discussed amidst geopolitical tensions Aerospace & Defense, and Insurance industry sentiment positive Carbon Capture & Storage, Metaverse and Cryptocurrencies trending themes The year 2022 brought about a significant shift in the sentiment of businesses as they navigated through a challenging economic landscape. There […]
Telecom companies poised to take lead in developing, commercializing metaverse services, says GlobalData
As the metaverse come closer to reality, telecommunication companies are in a unique position to capitalize on the trend by offering consumers a range of services in areas such as content aggregation, digital security, and device lifecycle management. With their vast infrastructures and expertise in providing quality assurance, prioritized access, and curation, telcos are poised […]
Soaring food and energy prices to remain pain points for UK economy in 2023, forecasts GlobalData
The cost-of-living crisis in the UK is becoming increasingly severe as millions of people struggle to keep up with soaring prices, particularly for essential goods like food and energy. The overall inflation rate in the UK is expected to remain stubbornly high at 6.8% in 2023, far above the Bank of England’s inflation target of […]
Ericsson most mentioned telecom company on Twitter during MWC 2023, reveals GlobalData
The Mobile World Congress (MWC) 2023 has recently come to an end, leaving behind a wealth of insights into the telecom industry’s latest trends and key players. Against this backdrop, Telefonaktiebolaget LM Ericsson (Ericsson) has taken center stage as the most mentioned company among the top 10 companies in the telecom industry. Twitter influencers fueled the […]
Beijing business-friendly policies, reopening borders set to drive economic growth at 3.5% in 2023, forecasts GlobalData
The Beijing metropolitan municipality’s emphasis on fostering a business-friendly environment through the creation of two zones, including the establishment of a free trade zone, showcases a greater openness to foreign investors and is expected to boost the economic activities in the coming years. Along with it, the lifting of Zero-COVID policy and reopening of borders […]
Novel pipeline agents to bring innovation to ulcerative colitis market, says GlobalData
Inflammatory bowel disease (IBD) refers to two autoimmune diseases that cause intestinal inflammation: Crohn’s disease (CD) and ulcerative colitis (UC). The market for the UC is filled with several different treatment options, and the pipeline is relatively strong. Novel agents such as toll-like receptor 9 (TLR9) cobitolimod and microRNA 124 (MIR124) inhibitor obefazimod are expected […]
Terran Biosciences novel PCT patent application shows growing interest in psilocin therapies, says GlobalData
Terran Biosciences has recently published a PCT patent application for unnamed orally administered novel psilocin prodrugs. The biotech platform company joins a growing number of companies developing psilocybin-based drugs, including MindMed and Compass Pathways, two leading companies in the psychedelic therapy space. Terran’s patent filing shows that interest in psilocin therapies is growing, says GlobalData, […]
Generics dominate lupus marketplace but new biologics will drive growth in coming years, says GlobalData
The systemic lupus erythematosus (SLE) and lupus nephritis (LN) market comprises a wide range of medications, from anti-malarials to immunosuppressive agents, which are largely genericized to biologics used both off- and on-label. As such, the SLE and LN marketplace is dominated by generics and a few key biologics such as GSK’s Benlysta and Roche’s Rituxan. […]
GlobalData sees companies posting jobs around cellular agriculture as food production shifts towards sustainability
The food industry is undergoing a major transformation as companies seek to reduce the environmental impact of meat production and create a sustainable food system. Against this backdrop, cellular agriculture has emerged as a core platform to produce animal products without the need for traditional livestock farming methods. This innovative approach is gaining traction among […]
COVID-19 to drive demand for extracorporeal membrane oxygenation devices market, says GlobalData
The global extracorporeal membrane oxygenation (ECMO) devices market is expected to experience significant growth over the next few years, driven by increasing investment in healthcare infrastructure, growing awareness of ECMO therapy, and the rising adoption of ECMO devices in emerging markets. The market is also likely to be driven by the ongoing COVID-19 pandemic, which […]
TikTok emerges as Twitter influencers top choice for shopping, reveals GlobalData
Live stream shopping on social media has gained popularity since the COVID-19 pandemic, as it provides a full-funnel customer experience by blending entertainment with instant shopping. In line with this, TikTok has emerged as the most discussed social media app related to shopping among the Twitter influencers in the last six months (Sep-22 to Feb-22) […]