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Despite its failure in the Phase III STELLAR-4 trial, Gilead Sciences’ lead non-alcoholic steatohepatitis (NASH) drug candidate, selonsertib, may still have a place in NASH combination therapy strategy, according to GlobalData, a leading data and analytics company. On 11 February 2019, the American biotechnology giant announced that selonsertib did not meet its primary endpoint in […]
Kuwait Petroleum leads global new-build regasification capacity additions by 2023, says GlobalData
Global liquefied natural gas (LNG) regasification capacity is expected to grow by 43% between 2019 and 2023, from 45.7 trillion cubic feet (tcf) in 2019 to 65.9 tcf by 2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals – […]
AI in epidemiology could lead to more efficient identification of the source of foodborne illness, says GlobalData
Following the news that researchers at the University of Georgia developed an Artificial Intelligence (AI) process that can help identify the source of a Salmonella outbreak, Ana Fernandez Menjivar, Senior Epidemiologist at GlobalData, a leading data and analytics company, offers her view on the impact of this innovation: “As more machines are able to comb […]
Russia and Colombia lead global oil and gas discoveries during Q4 2018
Russia and Colombia had the highest number of oil and gas discoveries amongst a number of key countries with three each in Q4 2018, according to leading data and analytics company GlobalData. Russia had two natural gas discoveries in the West Siberian basin and an oil discovery in the Okhotsk basin, while Colombia had three […]
China and Nigeria will spearhead global planned refining industry capex and capacity additions to 2023, says GlobalData
China and Nigeria are expected to be the major contributors to the global refining industry capacity growth from planned and announced projects between 2019 and 2023, according to GlobalData, a leading data and analytics company. The company’s report: ‘Global Planned Refining Industry Outlook to 2023 – Capacity and Capital Expenditure Forecasts with Details of All […]
Airbus well-placed to exploit the trend for end-to-end flights despite failure of A380
Following the news (14 February 2019) that Airbus is ceasing production of its A380 aircraft, Nick Wyatt, Head of Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on this development: “In an industry characterized by razor thin margins, the A380’s four-engine configuration, high fuel consumption and enormous weight made […]
Shell’s move on Bonga Southwest/Aparo is a major boost for Nigeria’s deepwater oil sector
Following the news (Wednesday 13 February) that Royal Dutch Shell and its partners are now set to commence the tendering process for the development of Bonga South West/Aparo (BSWA) deepwater oil project offshore Nigeria, Cao Chai, Upstream Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers her view on the deepwater […]
Stem cell therapy offers potential for thalassemia patients to have fewer blood transfusions, says GlobalData
The possibility of using hematopoietic stem cells to restore production of normal hemoglobin is being investigated as a potential strategy to reduce the number of blood transfusions for thalassemia patients. Magdalene Crabbe, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “In clinical trials, stem cells from the bone marrow of […]
UCB’s partnership with Epilepsy Society offers strategic advantage to further their position in epilepsy, says GlobalData
UCB’s £2.5 million genomic research program with Epilepsy Society has the potential to transform the diagnosis and treatment of epilepsy patients, says GlobalData, a leading data and analytics company. The program is expected to be pioneering for a number of reasons. Most important of which is the rich source of clinical data available from the […]
Global country risk heightened in Q4 2018, says GlobalData
An analysis of the latest results from GlobalData’s Country Risk Index (GCRI) reveals that the overall global risk score increased to 40.4 out of 100 in Q4 2018, from 40.2 in Q2 2018, following an increase from 40.1 in Q1 2018. The GCRI determines the existing and future level of country risk, by assessing various […]
Urbanization rate outpaces population growth in developed as well as developing countries, says GlobalData
Urban population increased by 45.8% between 2000 and 2018, outpacing the world’s overall population growth of 24.3% during the same period, according to GlobalData, a leading data and analytics company. The urban landscape is in the midst of a transformation, with focus on the urban world shifting east. The urban world will also see an […]
Major events that can shape the global economy in 2019, according to GlobalData
A few major geopolitical and economic events are expected to have an impact on the economic performance of countries and companies. As a result, it is important for many global organizations to track these events, as they are key steps in the planning process to get insulated from any kind of uncertainty arising during the […]
Shell leads global new-build capex outlook on planned and announced upstream projects to 2025
A total new-build capital expenditure (capex) of US$846bn is expected to be spent globally on planned and announced upstream projects from 2019 to 2025. Royal Dutch Shell Plc leads among all oil and gas companies and is expected to spend US$54.6bn on upcoming upstream projects during the forecast period, according to GlobalData, a leading data […]
Brand new type of cancer drug has potential to fill unmet needs in oncology market, says GlobalData
Following a study published in The Lancet Oncology regarding a brand new type of cancer drug that has shown promise in multiple cancer types in early Phase I/II trials, Philippa Salter, Pharma Analyst at Global Data, a leading data and analytics company, offers her view: “Although cancer treatment has significantly advanced over the past few […]
Cloud-based reactive microservices support engaging user experiences, says GlobalData
One of the year’s most significant DevOps innovations will be the release of reactive microservices through new cloud platform services, enabling real-time streaming and AI capabilities to support the industry’s most engaging user experiences (UX). Charlotte Dunlap, Principal Analyst at GlobalData, a leading data and analytics company, offers her insight on why reactive microservices are […]
Suntory’s PET bottle to revive RTD coffee sales in Japan, says GlobalData
The PET bottle has emerged as the preferred packaging for drinks among Japanese millennials due to its ease of use and eco-friendly nature. Against this backdrop, beverage giant Suntory Beverage & Food Limited (SBF) is looking to capitalize on the growing popularity of this packaging format to drive ready-to-drink (RTD) coffee sales amid a shrinking […]
Development progress in 2018 for acute ischemic stroke drugs will fuel market growth, says GlobalData
Activase (alteplase) is currently the only FDA-approved drug available for the treatment of acute ischemic stroke (AIS) in the 8MM*; however, novel drugs designed to improve clinical outcomes of AIS patients will start launching from 2021, which along with the increasing prevalence of AIS, will fuel AIS market growth, according to GlobalData, a leading data […]
APAC to remain largest combined heat and power market through 2025, says GlobalData
Asia-Pacific (APAC) is expected to remain the largest combined heat and power (CHP) market in the world due to an increase in capacity installations, led by countries such as China, India and Japan, according to GlobalData, a leading data and analytics company. The company’s latest report ‘Combined Heat and Power Market, Update 2019– Global Market […]
Restaurant Brands International is headed for success in 2019
Following Restaurant Brands International’s full year and Q4 2018 results, Lewis Towell, Consumer Analyst at GlobalData, offers his view: “2018 was a year which saw the company playing catch up with competitors, implementing all day breakfasts in Tim Hortons, rolling out delivery, and trying to expand all of its brands more aggressively using its franchising […]
Brewers adopting AI must be wary of challenges, says GlobalData
After disrupting different industries, artificial intelligence (AI) now finds its way through the beverage industry. Against this backdrop, Shagun Sachdeva, Consumer Insights Analyst at GlobalData, offers her view on the impact of AI in the brewery industry: “Technologies such as AI and machine learning are shaping a new era of personalization, giving rise to new […]