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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

mRNA licensing agreements surge 800% in value as confidence grows beyond vaccines, reveals GlobalData

Messenger ribonucleic acid (mRNA)-based innovator pharmaceuticals saw a staggering 800% increase in licensing agreement deal values from 2019 to 2024YTD, driven by the remarkable success of mRNA vaccines during the COVID-19 pandemic. With growing confidence in this transformative technology, key companies are investing heavily in its potential to address unmet medical needs, indicating that mRNA […]
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Hyundai Motor India takes IPO route to strengthen market position amidst rising local competition, says GlobalData

Hyundai Motor India Limited, a subsidiary of Hyundai Motor Company, has officially launched its initial public offering (IPO) on 15 October 2024. As India’s second-largest car manufacturer, Hyundai’s growth reflects a well-executed strategy of diversifying its product lineup and expanding into Tier-2 and Tier-3 cities. This IPO positions the company to bolster its market presence […]
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Intelligent automation primed for $47 billion revenue by 2030, driven by GenAI, says GlobalData

Intelligent automation goes beyond traditional automation systems by integrating artificial intelligence (AI) to manage more complex business processes. It drives innovation and creativity, making it essential for organizations looking to stay competitive in today’s market. The intelligent automation market is set to grow from $18 billion in 2023 to $47 billion in 2030, driven by […]
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Global partnerships to foster Singapore Project RESET against cardiovascular diseases, says GlobalData

Given the rising prevalence of cardiovascular diseases (CVDs) among Singapore’s aging population, the National University of Singapore (NUS) Medicine has taken proactive steps with initiatives such as MOMENTUM-CVD and Project RESET to develop preventive measures. International collaborations are expected to strengthen these efforts, considerably advancing cardiovascular research in the country, says GlobalData, a leading data […]
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Consumer demand for novelty and customization compels brands to explore new product segments in India, finds GlobalData

Novelty and experimentation trends have changed the consumption patterns of consumers. Consequently, brands are continuously innovating in line with the growing personalization trend to maintain consumer interest while gaining a competitive edge over the rivals in India. New market disruption will help the brands tap into emerging markets and enhance their relevance, says GlobalData, a leading […]
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S1P receptor modulators face uncertain future in Crohn’s disease amid efficacy and trial setbacks, says GlobalData

Pfizer’s upcoming presentation at United European Gastroenterology Week (UEGW) 2024 will reveal the initial findings from its CULTIVATE study of its sphingosine-1-phosphate (S1P) receptor modulator Velsipity (etrasimod) in Crohn’s disease (CD), showing modest efficacy in endoscopic response and remission rates. With its in-class competitor ozanimod also underperforming in trials, the outlook for S1P receptor modulators […]
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Sustainability drives green cosmetics demand in Asia-Pacific, reveals GlobalData

Growing environmental concerns are pushing consumers to embrace sustainable and eco-friendly cosmetics in the Asia-Pacific (APAC) region. Consumers believe that synthetic ingredients will not only damage their skin but also pollute ecosystems. In response, manufacturers are using clean and natural ingredients to align with consumer preferences. As a result, the green cosmetics trend is gaining […]
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Luxury beauty brands refocus on brick-and-mortar retail in Southeast Asia, says GlobalData

Despite the phenomenal growth of ecommerce during and after the COVID-19 pandemic, the premium beauty sector in Southeast Asia is experiencing notable growth within physical retail environments, through collaboration with omnichannel brand-builders. Companies can adapt to this trend and position beauty as a significant driver of revenue in their retail strategy, says GlobalData, a leading data […]
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Humanoid robots have arrived and are ready to start work, says GlobalData

The advent of OpenAI’s ChatGPT in 2022 revolutionized humanoid robotics, allowing for task execution without explicit programming. As developed nations grapple with labor shortages from aging populations and declining birth rates, the demand for automation grows. Humanoid robots are emerging as vital solutions, particularly in eldercare, yet their successful integration hinges on societal acceptance and […]
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Rising demand for data centers prompts innovative cooling solutions, reveals GlobalData

The rapid growth of artificial intelligence (AI) has significantly increased the demand for data processing capabilities and capacity, leading to the expansion of data centers globally. As these facilities operate continuously, their energy-intensive equipment are raising concerns about sustainability. New cooling technologies and innovative approaches are emerging to address the environmental challenges posed by these […]
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Coffee shops harness social media to boost consumer loyalty across Asia, finds GlobalData

As coffee shops in Asia adapt to evolving consumer preferences, social media has emerged as a pivotal tool for enhancing customer loyalty. The influence of digital platforms is particularly strong among younger consumers, who are increasingly attracted to personalized marketing and interactive engagement. By leveraging social media strategies, coffee shops can foster community and connection, […]
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Global leaders unite to combat AMR: targets set at UNGA are urgently needed, says GlobalData

In a crucial step forward, world leaders at the United Nations General Assembly (UNGA) have pledged to reduce antimicrobial resistance (AMR) associated fatalities by 10% by 2030. This declaration, which emphasizes a multi-sector approach, reflects a necessary shift toward a comprehensive “One Health” approach, integrating human, animal, and environmental health. By prioritizing collaboration and innovative […]
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Ebglyss FDA approval intensifies competition in atopic dermatitis market, says GlobalData

Eli Lilly‘s Ebglyss (lebrikizumab) has recently received approval in the US, adding a new competitor to the atopic dermatitis (AD) market alongside therapies like tralokinumab and dupilumab. Although there are current treatment options ranging from topical therapies to systemic treatments  there is a significant unmet need remains for safer and more effective long-term AD therapies, […]
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Mobile wallet adoption and usage growing rapidly in Asia-Pacific region, reveals GlobalData

Mobile wallet adoption and usage is growing at a fast pace in the Asia-Pacific region, supported by accelerated consumer shift towards non-cash payment methods, reveals GlobalData, a leading data and analytics company. Asian-Pacific markets have been actively promoting mobile wallets, placing them ahead of their Western counterparts. While already popular in countries like India and […]
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Enterprises mandate FinOps practices to ensure financial and performance improvements, says GlobalData

Triggered by the DevOps trend toward the continuous integration and continuous delivery (CICD) of modern application architectures, financial operations (FinOps) initiatives are growing in importance. The practice of FinOps represents a relatively new operational framework and initiative growing in recognition among enterprises undergoing digital transformations by migrating applications to the cloud and/or creating cloud-native apps. […]
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Oreo’s ad strategy blends family, nostalgia and playfulness to strengthen market leadership, reveals GlobalData

Mondelez-owned Oreo’s advertising strategy from April to September 2024 effectively integrates nostalgia, family values, and playfulness, capturing a broad audience through diverse campaigns. By leveraging emotional connections and cultural relevance, Oreo rejuvenates its brand appeal and reinforces its market leadership, resonating deeply with consumers across various demographics and regions, according to the Global Ads Platform […]
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