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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Industrial metaverse gains prominence in companies discussions and filing documents, finds GlobalData

The industrial metaverse has been gaining prominence among businesses and the growing interest is evident from discussions by companies in filing documents. Companies across various industries are exploring its potential to optimize business processes, enhance efficiency, lower costs, and promote sustainability. Notable collaborations, like those between Siemens and NVIDIA, highlight the industrial metaverse’s growing impact […]
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US inflation drop to 3.3% ignites influencers discussion on potential Fed rate cuts, reveals GlobalData

The US inflation, as measured by the Consumer Price Index (CPI), declined to 3.3% in May from 3.4% in April, becoming a trending topic among influencers on the social media platform “X.” This lower-than-expected inflation reading has sparked significant debate regarding its implications for future US monetary policy. Many consider it a key indicator that […]
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Global travel and tourism deals drop 10.9%; PE deals and European markets shine during January-May 2024, reveals GlobalData

Travel and tourism sector witnessed 10.9% year-on-year (YoY) decline in the number of deals (mergers and acquisitions (M&A), private equity (PE) and venture financing) announced globally during January-May 2024. Despite this downturn, PE deals showed improvement, and European markets showed growth, highlighting new opportunities for strategic investments, according to GlobalData, a leading data and analytics […]
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Energy harvesting tech transforms IoT and consumer electronics with sustainable power, says GlobalData

Energy harvesting technologies are set to transform IoT and consumer electronics by providing sustainable, efficient, and innovative power solutions. These advancements aim to significantly reduce reliance on traditional batteries, addressing environmental concerns and enhancing device performance. By offering eco-friendly alternatives, these technologies promise to extend device lifespan, reduce maintenance costs, and transform power sources in […]
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Tapinarof may mark Dermavant’s first atopic dermatitis approval, says GlobalData

Dermavant’s VTAMA (tapinarof), a nonsteroidal, topical AhR-modulating agent, achieved positive Phase III trial results in atopic dermatitis patients aged two and above, leading to FDA acceptance of its supplemental new drug application (sNDA). The promising results may bring Dermavant’s VTAMA closer to market authorization and will be its first atopic dermatitis marketed drug, subject to […]
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China neurosurgery robotic surgical systems market poised for 12% CAGR through 2033, forecasts GlobalData

China’s healthcare sector is witnessing substantial investment in robotic technologies, driven by an increasing demand for advanced medical solutions. Against this background, China’s neurosurgery robotic surgical systems market is projected to grow at a compound annual growth rate (CAGR) of 12% between 2023 and 2033, according to GlobalData, a leading data and analytics company. GlobalData’s […]
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Apple AI races up to Google and Microsoft, says GlobalData

Following the news (10 June) that Apple has introduced Apple Intelligence, the personal intelligence system that puts powerful generative models at the core of iPhone, iPad, and Mac at the Worldwide Developer Conference (WWDC) 2024; Anisha Bhatia, Senior Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “Apple is no longer […]
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Next generation sequencers market in India to grow at 11% CAGR through 2033, forecasts GlobalData

Next generation sequencing (NGS) is increasingly being applied in clinical oncology to advance personalized treatment of cancer. Technological advancements are driving a surge in the adoption of NGS in India, enhancing patient care and guiding more accurate and specific screening and targeted therapies. Against this backdrop, India’s next generation sequencers market is expected to grow […]
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China leads APAC in institute-led clinical trials, reveals GlobalData

With the evolving landscape of drug development and innovations, several institutes are serving as catalysts by partnering with pharmaceutical companies to drive progress at various stages of research and development. These collaborations are particularly significant in advancing clinical trials, a critical step in drug development. Against this backdrop, within the Asia-Pacific (APAC) region, China leads […]
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Cybersecurity companies discuss AI integration for enhanced risk management, finds GlobalData

Artificial intelligence (AI) is playing a significant role in the field of cybersecurity. It has the potential to enhance organizations’ incident response capabilities. Cybersecurity companies have been discussing incorporating AI capabilities in various areas, including incident response, threat detection, and prediction capabilities according to the Company Filings Analytics Database of GlobalData, a leading data and […]
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BIOSECURE Act forces US pharma to reevaluate China manufacturing reliance, says GlobalData

As the BIOSECURE Act progresses through the US legislative process, the US pharmaceutical industry finds itself at a crossroads. With heavy reliance on Chinese contract manufacturers, US companies are reevaluating their partnerships amidst the proposed regulations aimed at safeguarding national security interests. While the Act remains a topic of debate, some anticipate potential onshoring benefits, […]
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Roche’s Vabysmo further showcases stronghold across wAMD and DME spaces, says GlobalData

Roche has recently presented post-hoc analysis results of the TENAYA (NCT03823287) and LUCERNE (NCT03823300) trials of Vabysmo (faricimab), a VEGF and Ang2 inhibitor, at the Association for Research in Vision and Ophthalmology (ARVO) conference. The data not only showcases Vabysmo’s efficacy in wet age-related macular degeneration (wAMD) and diabetic macular edema (DME) but also the […]
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Biosimilar market poised for significant growth in the coming years, says GlobalData

The rise of biologics has revolutionized treatments for traditionally hard-to-treat diseases, leading to the growth of the biosimilar market. As more biologics lose patent protection, the influx of biosimilars is set to expand, offering cost-effective alternatives and significantly impacting their respective markets. This dynamic shift promises broader access to critical therapies, according to GlobalData, a […]
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Future business success hinges on sustainability and circular economy practices, says GlobalData

As public demand for climate action and resource conservation grows, businesses must pivot to sustainability to thrive. Embracing circular economy principles, such as reducing waste and extending product lifecycles, is crucial. As a result, future success hinges on adopting innovative technologies and sustainable practices, ensuring businesses remain efficient, compliant, and resilient in an evolving regulatory […]
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