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Australian biotech startup Ferronova has recently secured A$11 million to advance its nanoparticle platform and help surgeons locate and remove complex gastrointestinal and brain tumors. International investment, coupled with government support, is expected to provide a solid foundation to accelerate research and advance nanotechnology frontiers in the treatment of all types of brain and gastric-esophageal […]
Olezarsen Fast Track FDA approval strengthens Ionis Pharmaceuticals outlook in dyslipidemia space, says GlobalData
Ionis Pharmaceuticals has recently received the US FDA Fast Track designation for its investigational therapy, olezarsen, in patients with familial chylomicronemia syndrome (FCS). Olezarsen is also being investigated in a Phase III clinical trial for severe hypertriglyceridemia (sHTG) in the US and several EU countries, including France, Germany, Italy, and the UK. If approved, olezarsen […]
Overdependency on gas, lack of supportive policies hinder renewable power growth in Qatar, says GlobalData
Qatar has one of the lowest shares of renewables in the power mix among the Gulf Cooperation Council (GCC) countries. The abundant gas reserves have enabled Qatar to enjoy supply security with 99.6% of the capacity and generation coming from thermal power in 2021. The country lacks robust policies that support renewable power and offers […]
Multiplay service revenue in APAC to grow at 3.4% CAGR over 2022-2027, forecasts GlobalData
Multiplay service revenue in Asia-Pacific (APAC) is expected to grow at a compound annual growth rate (CAGR) of 3.4% from $239.7 billion in 2022 to $283.6 billion in 2027, driven by the continued rise in the number of multiplay households in the region, and growth in the average monthly multiplay household spending, forecasts GlobalData, a […]
iSono Health ATUSA AI-driven ultrasound scanner to drive 3D breast imaging in Asia-Pacific, says GlobalData
iSono Health Inc has recently signed an agreement with Abdul Latif Jameel Health to distribute ATUSA System, an AI-driven and portable 3D breast ultrasound scanner, in an initial 31 countries across the Global South covering the Middle East and North Africa, Africa, South Asia, and Southeast Asia. This is expected to drive the 3D ultrasound […]
Maiden landing of LCA Navy, MIG-29K on INS Vikrant demonstrates India maritime power in Indian Ocean region, says GlobalData
Following the successful landing and take-off of the indigenous LCA Navy and MiG-29K on India’s first Indigenous aircraft carrier INS Vikrant (IAC-1); Venkatesh Kandlikar, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The move marks the official start of the aircraft carrier’s fighter jet aviation trials, as well as a […]
GlobalData forecasts mobile service revenue in China to increase at 5.5% CAGR over 2022-2027
The total mobile services revenue in China is poised to increase at a compound annual growth rate (CAGR) of 5.5% from $144.3 billion in 2022 to $188.2 billion in 2027, mainly driven by the robust growth in mobile data services segment, according to GlobalData, a leading data and analytics company. GlobalData’s latest China Mobile Broadband […]
RBC Capital Markets top M&A financial adviser in oil and gas sector in 2022, reveals GlobalData
RBC Capital Markets was the top mergers and acquisitions (M&A) financial adviser in the oil and gas sector in 2022 by value as well as volume, according to the latest financial advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that RBC Capital Markets achieved […]
Vinson & Elkins top M&A legal adviser in oil and gas sector in 2022, reveals GlobalData
Vinson & Elkins was the top mergers and acquisitions (M&A) legal adviser in the oil and Gas sector in 2022 by value as well as volume, according to the latest legal advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that Vinson & Elkins achieved […]
Apple adopts conservative hiring strategy; cuts down job postings by 11% in 2022, reveals GlobalData
Apple Inc (Apple) has emerged as a notable exception at a time when many of its peers are announcing layoffs. The Cupertino-based tech major seems to be adopting a conservative hiring strategy. Job postings by the company were down by 11% in 2022 compared to the previous year, according to GlobalData, a leading data and […]
JP Morgan and Rothschild & Co top M&A financial advisers by value and volume in automotive sector in 2022, reveals GlobalData
JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the automotive sector in 2022 by value and volume, respectively, according to the latest financial advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that JP Morgan achieved its […]
Wachtell, Lipton, Rosen & Katz and Baker McKenzie top M&A legal advisers by value and volume in automotive sector for 2022, reveals GlobalData
Wachtell, Lipton, Rosen & Katz and Baker McKenzie were the top mergers and acquisitions (M&A) legal advisers in the automotive sector in 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that Wachtell, Lipton, […]
New helicopter manufacturing factory may help HAL to venture into rotary UAV production, says GlobalData
Following the news that Prime Minister Narendra Modi inaugurated Hindustan Aeronautics Limited’s (HAL) new helicopter manufacturing facility in Tumakuru, Karnataka; Tushar Mangure, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “With the development and expansion of supply chain infrastructure involving small and medium enterprises, aided by technology infusion by leading […]
Credit Suisse and Rothschild & Co top M&A financial advisers by value and volume in retail sector for 2022, reveals GlobalData
Credit Suisse and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the retail sector in 2022 by value and volume, respectively, according to the latest financial advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that Credit Suisse achieved its […]
Davis Polk & Wardwell and Kirkland & Ellis top M&A legal advisers by value and volume in retail sector in 2022, reveals GlobalData
Davis Polk & Wardwell and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the retail sector in 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that Davis Polk […]
GlobalData slashes Moderna COVID-19 vaccine Spikevax sales forecast amid strong competition
It was an exceptional year for Moderna’s vaccine Spikevax, with forecast sales of $19.5 billion in 2022. However, increasing competition from Pfizer’s Comirnaty, Novavax’s Nuvaxovid, and COVID-19 therapeutics has forced GlobalData to slash Spikevax’s average annual sales forecast by 23% between H1 and H2 2022 in its Coronavirus Disease 2019 (COVID-19) Sector Forecast reports. Kevin […]
Cost, inflation, Russia-Ukraine war, layoffs prominent topics of discussion by companies in 2022, reveals GlobalData
The business world did not expect the way 2022 shaped up and resultantly, developments such as Russia-Ukraine war, recession fears, and macro-economic challenges weighed heavily on the discussions by companies in their filings. Against this backdrop, ‘Cost’, ‘Inflation’, ‘Russia-Ukraine war’, ‘Layoffs’ and ‘Hiring freeze’ emerged as some of the prominent points of discussions, according to […]
Goldman Sachs and Rothschild & Co top M&A financial advisers by value and volume in consumer sector for 2022, reveals GlobalData
Goldman Sachs and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the consumer sector in 2022 by value and volume, respectively, according to the latest financial advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that Goldman Sachs achieved the […]
Paul, Weiss, Rifkind, Wharton & Garrison and Kirkland & Ellis top M&A legal advisers by value and volume in consumer sector in 2022, reveals GlobalData
Paul, Weiss, Rifkind, Wharton & Garrison and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the consumer sector in 2022 by value and volume, respectively, according to the latest legal advisers league table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that […]
Persistent border flare-ups with China spur India to boost defense spending by 13.1%, says GlobalData
Following the news that India has allocated $72.6 billion to the Defence Research Development Organisation (DRDO) in its Union Budget for the Financial Year 2023-24; Abhijit Apsingikar, Defense Analyst at GlobalData, offers his view: “Growing presence along the Himalayan frontier, cross-border incursions and increased naval activity in the Indian Ocean by China are a cause […]