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In 2024, the global payment ecosystem witnessed structural changes with digital acceleration, consumer behavior shifts, and macroeconomic pressures reshaping the industry landscape. The top 20 publicly listed payment companies by revenue have navigated this landscape with varying degrees of agility, innovation, and strategic execution. The top 20 public payment companies saw their revenues rise by […]
EyePoint’s Duravyu holds potential to become new treatment option for wAMD, says GlobalData
EyePoint Pharmaceuticals’ Duravyu (vorolanib) is in the spotlight following its recent advancements in its Phase III trial. The company recently announced the completion of patient enrollment for LUGANO, its pivotal Phase III clinical trial. The current wet age-related macular degeneration (wAMD) treatment landscape is largely dominated by vascular endothelial growth factor (VEGF) inhibitors. Duravyu is […]
UAE’s power capacity to reach 79.1GW in 2035, forecasts GlobalData
The United Arab Emirates (UAE) boasts one of the most secure and stable electricity supply systems in the region. Leveraging its substantial natural gas and oil reserves, among the largest globally, the UAE generates sufficient electricity to satisfy domestic consumption. The nation primarily utilizes its gas for power generation and for re-injection into oil fields […]
Egypt’s renewable power capacity to reach 31.6GW in 2035, forecasts GlobalData
Egypt is endeavoring to augment the proportion of renewable energy within its electricity mix to 42% by the year 2035. The nation is actively expanding its capacity through the implementation of large-scale solar and wind energy initiatives. Against this backdrop, renewable power capacity in the country is expected to reach 31.6GW in 2035, registering a […]
Enterprises need to jump on opportunities presented by global AI sovereignty strategies, says GlobalData
AI is no longer simply a competitive differentiator for enterprises; the technology is increasingly critical to national security and economic empowerment, prompting countries across the globe to implement strategies that support AI sovereignty. While narrowly defined by some as a focus primarily on infrastructure, AI sovereignty should include a broad swath of capabilities that relate […]
UK biopharma venture financing QoQ doubles to $1.1 billion in Q1 2025, reveals GlobalData
UK biopharmaceutical companies experienced a quarter-on-quarter (QoQ) surge in venture financing, reaching $1.1 billion in the first quarter (Q1) of 2025—twice the amount raised in the fourth quarter (Q4) of 2024 and exceeding all quarterly totals from 2021. This surge highlights investor appetite for breakthrough innovation, but growing dependence on US capital and policy-driven cost […]
CAR-T therapies need to overcome current limitations to unlock promising treatment possibilities for solid tumors, says GlobalData
CAR-Ts are revolutionizing the treatment of blood cancers, such as B-cell acute lymphocytic leukemia. However, their success has not yet extended to the realm of solid tumors, as no CAR-T therapy has advanced beyond Phase II in one of these indications. Overcoming current limitations and expanding the reach of CAR-T therapeutics could unlock promising new […]
Sibeprenlimab’s priority review highlights potential to differentiate in IgAN space, says GlobalData
Otsuka Pharmaceutical recently announced that the FDA has accepted for review the Biologics License Application (BLA) for sibeprenlimab, which acts as A Proliferation Inducing Ligand (APRIL) inhibitor in development for immunoglobulin A (IgA) nephropathy (IgAN). This followed sibeprenlimab’s 2024 FDA breakthrough designation for the same indication. The BLA was supported by the Phase III VISIONARY […]
Audi YouTube ads blend performance with purpose, emphasizing electric mobility and social responsibility, reveals GlobalData
Audi AG’s (Audi) YouTube advertising campaigns from November 2024 to April 2025 spotlight its growing commitment to electric mobility models ranging from the Quattro all-wheel drive system to A6 e-tron and Q6 e-tron. The ads blend high performance with sustainability, reflecting the Germany-based automotive giant’s aim to meet the needs of today’s luxury buyers who […]
Global renewable power installed capacity to surge to 11.2TW by 2035, forecasts GlobalData
The power sector is experiencing a notable growth in renewable energy sources, propelled by an array of factors such as technological progress, policy incentives, and a heightened awareness of the imperative for sustainable energy solutions. Consequently, renewable resources, particularly solar photovoltaic (PV) and wind energy, are gaining a larger share in the energy portfolio. Driven […]
Deforestation now poses material risk as EUDR enforces strict supply chain accountability, says GlobalData
Deforestation is no longer just a reputational concern, it is now a material risk with regulatory teeth. With the EU Deforestation Regulation (EUDR) taking effect in December 2025, companies across sectors must prove their supply chains are deforestation-free or face severe penalties. The shift demands urgent action on traceability, supplier engagement, and sustainability strategy to […]
Foreign reinsurers’ market share in India to surpass 50% in 2025, estimates GlobalData
Licensed foreign reinsurers continue to expand their market presence in India, with their share, in terms of gross written premiums (GWP), almost doubling from 25.8% in 2019 to 49% in 2023 (financial year ending March 2024). Their market share is estimated to surpass 50% in 2025, according to GlobalData, a leading data and analytics company. […]
India VC funding activity sees significant YoY growth during January-April 2025, finds GlobalData
India has demonstrated a good performance in venture capital (VC) funding activity in early 2025, recording a significant increase in both deal volume and value. The total number of VC deals announced in India surged by approximately 19% during January-April 2025 compared to the same period in the previous year, while the total funding value […]
Malaysia payment card market to surpass $177 billion in 2025 as POS overtakes ATM withdrawals, forecasts GlobalData
The Malaysian payment card market (including at POS and ATM cash withdrawals) is expected to grow by 4.0% to reach MYR814.1 billion ($177.9 billion) in 2025e, driven by a clear shift from cash to digital payments. Contactless cards and wider card acceptance are playing a key role, with card payments at POS now set to […]
Laos’ large hydropower capacity to reach 16GW in 2035, forecasts GlobalData
Laos’ Ministry of Energy and Mines (MEM) has set a goal to reach hydropower capacity of 12GW by 2025 and 20GW by 2030, with the objective of facilitating regional exports. The nation is poised to export renewable electricity to Thailand, Cambodia, and Vietnam, and to a lesser extent, to Myanmar and Malaysia. Against this backdrop, […]
Kazakhstan’s electricity consumption to increase to 111TWh by 2035, forecasts GlobalData
Kazakhstan’s electricity consumption has been on a steady rise, driven by industrial expansion, urbanization, digitalization, and electrification. The nation’s power demand is predominantly fueled by energy-intensive industries, mining, oil and gas operations, and residential sector growth. This surge in industrial activity has led to a heightened demand for electricity; annual consumption escalated from 83.9TWh in […]
2025 Indian Premier League estimated to generate $105.31 million in sponsorship revenue, reveals GlobalData
Six brands partnered with the 2025 edition of the Indian Premier League (IPL), with Tata Group holding the largest sponsorship agreement with the league in terms of annual value, worth an actual value of INR 5,000 million ($60.15 million). Tata has agreed to serve as the league’s title sponsor. Wonder Cement was the only new […]
China’s biopharma commands $30 billion in oncology licensing deals, triples US output in 2024, reveals GlobalData
China’s biopharmaceutical sector experienced a notable increase in oncology drug licensing deals in 2024, particularly for monoclonal antibodies (mAbs) and antibody-drug conjugates (ADCs), with a combined deal value of $30 billion. The mAbs and ADCs licensed from Chinese biopharma accounted for 89% of all molecule types, with the total deal value being three times that […]
GlobalData forecasts ADC NSCLC market to reach $3.9 billion in 2032
Despite the FDA first approving Pfizer’s antibody-drug conjugate (ADCs) Mylotarg (gemtuzumab ozogamicin) in 2000, it was not until 2022 for non-small-cell lung cancer (NSCLC) to see its first ADC approval, AstraZeneca’s and Daiichi Sankyo’s Enhertu (trastuzumab deruxtecan), for human epidermal growth factor receptor (HER) 2-mutated patients. Following this approval, the ADC market in NSCLC is […]
UK VC funding up by 31% YoY during January-April 2025, finds GlobalData
The venture capital (VC) funding landscape in the UK has demonstrated notable resilience in terms of value during early 2025, despite experiencing a decline in deal volume. The UK recorded a decrease of around 13% in VC deal volume during January-April 2025 compared to the same period in the previous year. Meanwhile, the UK’s VC […]