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Growing consumer inclination for rapid delivery services drives quick commerce expansion in India, says GlobalData

The rapid rise of quick commerce in India is reshaping the retail landscape, with urban populations progressively seeking fast delivery services for daily necessities. The food collection take-away segment in India is projected to register a compound annual growth rate (CAGR) of over 7.7% during 2023–28^. As consumers increasingly rely on instant access and time-saving […]
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AbbVie’s tavapadon holds potential to become prominent treatment in dopamine agonist market, says GlobalData

AbbVie recently announced positive topline results from its pivotal Phase III TEMPO-2 trial evaluating investigational tavapadon as a flexible-dose monotherapy in early Parkinson’s disease (PD). Tavapadon, the first and only D1/D5 partial agonist in the dopamine agonist class, is under investigation as a once-daily treatment for PD. The trial met both its primary and secondary […]
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Humanoid robotics transform industries with human-like dexterity and intelligence, says GlobalData

Humanoid robotics technologies are set to transform industries by offering advanced dexterity, precision, and human-like capabilities. These developments promise to automate complex tasks, address labor shortages, and enhance operational efficiency across industries such as healthcare, manufacturing, logistics, and service industries, says GlobalData, a leading data and analytics company. Saurabh Daga, Project Manager of Disruptive Tech […]
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Surge in tunneling and anchoring patents highlights technological innovations in mining, reveals GlobalData

The mining industry is embracing advanced tunneling and anchoring machines, with patent filings surging from 754 in 2022 to 1,266 in 2023. These innovations are revolutionizing excavation processes by enhancing efficiency, safety, and adaptability to diverse geological conditions, driving productivity and sustainability while addressing the sector’s evolving operational challenges, according to GlobalData, a leading data […]
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Race to deliver food in minutes heats up in India, says GlobalData

The Indian food delivery industry is witnessing fierce competition as demand for ultra-fast services surges. In a bold move, Zomato-owned Blinkit has launched “Bistro,” a quick food delivery platform promising snacks and meals within 10 minutes, challenging players like Swiggy Bolt, Zepto Café, and Swish. This rapid growth is driven by the country’s fast-paced urban […]
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Travel and tourism sector deal activity down by 5.9% YoY during January-November 2024, finds GlobalData

A total of 649 deals (mergers and acquisitions (M&A), private equity and venture financing) were announced in the travel and tourism sector during January-November 2024, which represents a year-on-year (YoY) decline of 5.9% compared to the 690 deals announced during the same period in 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s Deals […]
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Celltrion leads biosimilars deals landscape in South Korea, finds GlobalData

South Korea has emerged as a global leader in the biopharmaceutical industry, driven by its advanced clinical research infrastructure and government support. Key companies like Celltrion and Samsung Bioepis dominate the biosimilars market, contributing significantly to the approvals and pipelines. Celltrion’s strong presence in deal-making further underscores South Korea’s growing influence in the global biosimilars […]
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Lilly’s GBP279 million investment set to boost UK life sciences sector, reveals GlobalData

Eli Lilly and Co (Lilly) has recently announced a GBP279 million ($365.5 million) investment in the UK at the International Investment Summit in London. The initiative is set to accelerate early-stage ventures and spearhead advancements in obesity treatments, invigorating the UK life sciences sector, says GlobalData, a leading data and analytics company. A key element […]
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