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The FT, Sky News, Bloomberg, WSJ, along with over 77 other leading press organisations worldwide quote our data and insight and consider us a trusted, independent source.

APAC steering systems market to decline at 0.3% CAGR during 2024-2029, forecasts GlobalData

The automotive industry’s shift towards stricter emission standards is accelerating the transition to electrification, significantly impacting the steering systems market in the Asia-Pacific (APAC) region. Against this backdrop, the APAC steering systems market is forecast to register a negative compound annual growth rate (CAGR) of 0.3% over 2024-29, according to GlobalData, a leading data and […]
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Majority of top 20 biopharma firms see revenue growth in 2023 despite 1.6% fall in aggregate revenue, reveals GlobalData

The biopharmaceutical industry experienced varied revenue shifts in 2023, with significant success for companies with obesity drugs. Over half (13) of the top 20 publicly traded global innovative biopharmaceutical companies witnessed revenue growth in 2023, despite an overall 1.6% decline in aggregate revenue to $816 billion from 2022 to 2023, reveals GlobalData, a leading data […]
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Zydus and Roche legal battle highlights need for affordable breast cancer treatments in India, says GlobalData

Zydus Life Sciences is engaged in a legal battle with Roche over its biosimilar, Sigrima, which is based on Roche’s Perjeta (Pertuzumab), targeting the human epidermal growth factor receptor 2-positive (HER2+) breast cancer market in India. As cases of HER2+ breast cancer rise in the country, the conflict underscores the critical need for cost-effective biosimilars […]
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Sionna and AbbVie deal can redefine cystic fibrosis therapeutics, says GlobalData

Sionna Therapeutics, a US-based clinical-stage life sciences company specializing in cystic fibrosis (CF), has secured exclusive global rights to develop and commercialize multiple advanced compounds through a license agreement with AbbVie. This strategic acquisition includes Phase 2 compounds ABBV-2222 and ABBV-3067, and Phase 1 compound ABBV-2851, bolstering Sionna’s pipeline and its position in the CF […]
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Gilead’s lenacapavir holds greater potential in reducing HIV incidence than currently marketed drugs, says GlobalData

At the 25th International AIDS Conference (AIDS 2024) that took place from July 22-26 in Munich, Germany, Gilead presented full efficacy and safety results for its Phase III PURPOSE 1 HIV prevention trial for lenacapavir, a twice-yearly injectable HIV-1 capsid inhibitor. Lenacapavir demonstrated zero infections and 100% efficacy, as well as superior prevention of HIV […]
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Southwest Airlines new seating policy sparks influencer debate on efficiency and brand identity, reveals GlobalData

Southwest Airlines Co, which is known for unique open-seating arrangement since its inception, has recently introduced assigned seating and extra legroom options. This significant change has sparked diverse opinions among the influencers on social media platform “X”. The varied reactions highlight the broader debate within the travel community about how this shift impacts the airline’s […]
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Influencers on ‘X’ anticipate SearchGPT to revolutionize search engine market with AI-driven innovations, reveals GlobalData

The recent unveiling of OpenAI’s SearchGPT for an artificial intelligence (AI)-driven search experience, featuring real-time information summarization, interactive follow-up questions, and visual answers, has garnered widespread attention. The unveiling has sparked considerable discussion among influencers on social media platform ‘X’ in the fourth week of July, emphasizing its potential to revolutionize the search engine landscape, […]
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Fixed communication service revenue in Philippines to grow at 5.3% CAGR over 2023-2028, forecasts GlobalData

The total fixed communication services revenue in the Philippines is expected to increase at a compound annual growth rate (CAGR) of 5.3% from $3.7 billion in 2023 to $4.7 billion in 2028, mainly driven by the fixed broadband service segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest Philippines Fixed Communications Forecast (Q1 […]
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South Korea defense expenditure to reach $54.7 billion in 2029 amid tensions with North Korea, observes GlobalData

South Korea’s defense spending is set to grow from $45.2 billion in 2024 to $54.7 billion in 2029, primarily driven by the persistent threat posed by North Korea and to achieve the broader goal of strengthening the former’s overall security posture. This growth underscores South Korea’s determination to continue investing in the procurement of modern […]
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Phase III post-marketing commitment study data paves way for usage of Paratek’s Nuzyra in other indications, says GlobalData

Paratek Pharmaceuticals has announced positive topline efficacy and safety data from a global, Phase III post-marketing commitment study of its novel antibiotic, a next-generation tetracycline, Nuzyra (omadacycline). In a study of 670 adults with moderate to severe community-acquired bacterial pneumonia (CABP), Nuzyra was found to be generally safe and well-tolerated. The drug met both primary […]
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Healthcare’s growing reliance on tech demands robust cybersecurity measures, says GlobalData

The healthcare industry is increasingly dependent on digital technologies and interconnected medical devices, which has heightened the importance of cybersecurity. Given the growing dependence on technology in healthcare, there is a pressing need for increased spending on medical device security, a thorough understanding of the implications of expanding interconnectivity, and the need for robust cybersecurity […]
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