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Hospitalized incident cases of MRSA to reach 791,000 in 7MM in 2033, forecasts GlobalData

The burden of hospitalized incident cases of methicillin-resistant Staphylococcus aureus (MRSA) is forecast to increase at an annual growth rate (AGR) of 1.08% from around 714,000 cases in 2023 to 791,000 cases in 2033 in the seven major markets (7MM*), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Methicillin Resistant Staphylococcus […]
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Top 20 global biopharmaceutical companies report 9.6% market capitalization growth in Q1 2024, reveals GlobalData

Despite the ongoing uncertainties surrounding macroeconomic activities, fluctuating interest rates, and changes in the Medicare Drug Price Negotiation landscape, the top 20 global biopharmaceutical companies experienced a promising first quarter this year. They reported a total increase of 9.6% in market capitalization from $3.67 trillion as on 31 December 2023 to $4 trillion as on […]
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Boston Scientific reports 138% CAGR since US market release of Farapulse PFA System, reveals GlobalData

Boston Scientific has successfully ended Medtronic’s brief one-month monopoly in the US pulsed-field ablation (PFA) space after receiving FDA approval for its Farapulse System in January 2024. The medical device giant has experienced a compound annual growth rate of 138% in market value between January and February 2024, according to the Electrophysiology Devices March 2024 […]
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Alternative payments account for over 40% of Hong Kong e-commerce payments in 2023, reveals GlobalData

Alternative payment solutions are the preferred payment method for e-commerce purchases in Hong Kong (China SAR), collectively accounting for 41.7% share in 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that e-commerce market in Hong Kong grew by 9.2% in 2023 to reach HKD158.3 billion ($20.2 billion), as increasing number […]
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Sintilimab and fruquintinib combination to face stiff competition in endometrial cancer market in China, says GlobalData

Innovent Biologics Inc and HUTCHMED (China) have recently announced the acceptance of new drug application (NDA) for fruquintinib (Elunate) in combination with sintilimab (Tyvyt) for the treatment of advanced endometrial cancer with pMMR or non-MSI-H tumors that have failed prior systemic therapy but are not candidates for curative surgery or radiation with priority review status […]
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HIV tests market in New Zealand to grow at 2% CAGR through 2033, forecasts GlobalData

Human immunodeficiency virus (HIV) self-testing carries significant importance in the global fight against HIV. Particularly crucial for the LGBTQ+ community, it actively promotes HIV prevention, testing, and care, by offering a confidential, accessible, and empowering means of testing. New Zealand has implemented initiatives including targeted outreach programs and community-based testing services at events such as […]
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Covington & Burling and TriLegal top M&A legal advisers in Asia-Pacific region during Q1 2024, reveals GlobalData

Covington & Burling and TriLegal were the top mergers and acquisitions (M&A) legal advisers in the Asia-Pacific region during the first quarter (Q1) of 2024 by value and volume, respectively according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database revealed that Covington […]
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AI sets in motion next wave of disruption in insurance, reveals Technology Foresights by GlobalData

Artificial intelligence (AI) has been instrumental in shaping the insurance industry for the past few years. Insurance providers have integrated AI models with established methodologies from the actuarial sciences to enhance risk analysis and streamline claim processing workflows. Recent progress in AI, supported by Large Language Models (LLMs) and generative AI, marks a new phase […]
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GlobalData reveals list of top 10 LLMs on social media

Large language models (LLMs) have seen significant advancements in recent years, with the introduction of new artificial intelligence (AI) chatbots and upgrades to the existing models. These advancements have not only revolutionized the ability of LLMs to mimic human-like text but have also opened new possibilities for applications, showcasing their potential to transform various industries […]
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ACC 24: Empagliflozin remains competitive therapy in HF market despite EMPACT-MI trial outcome, says GlobalData

At the American College of Cardiology’s (ACC) 73rd Annual Scientific Session, the results of Eli Lilly and Boehringer Ingelheim’s Phase III EMPACT-MI trial, which examined patients treated with sodium-glucose co-transporter-2 inhibitor (SGLT-2I) empagliflozin (Jardiance) following a heart attack, were reported. However, the treatment with empagliflozin did not impact the study’s primary endpoint of a combination […]
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Roche’s PRX-002 shows promise in slowing Parkinson’s disease motor progression, says GlobalData

There are currently no marketed disease-modifying therapies (DMTs) for Parkinson’s disease (PD). At the American Academy of Neurology (AAN) 2024 annual meeting, Roche presented positive four-year results from a six-year open-label extension of their Phase II “PASADENA” trial evaluating the efficacy of PRX-002 (prasinezumab), a potentially PD modifying monoclonal antibody. These latest results strengthen the […]
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Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis top M&A legal advisers in North America during Q1 2024, reveals GlobalData

Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the North American region during the first quarter (Q1) of 2024 by value and volume, respectively according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of […]
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CaranX Medical’s TAVI success highlights transformative potential of robotic-assisted techniques in cardiovascular medicine, says GlobalData

CaranX Medical, an innovative medical technologies company, announced the successful completion of the world’s first robotic Transcatheter Aortic Valve Implantation (TAVI) procedure. The completion marks a significant milestone in the field of interventional cardiology, showcasing the transformative potential of robotic-assisted techniques in cardiovascular medicine, says GlobalData, a leading data and analytics company. According to GlobalData, […]
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