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Following today’s news (Thursday 28 June) that Novo Nordisk achieved positive top-line results in its Phase 3a trial for oral semaglutide in type 2 diabetes patients, Tom Moore, Healthcare Analyst at GlobalData, a leading data and analytics company, offers his view: “Novo Nordisk has been able to further strengthen its type 2 diabetes (T2D) portfolio […]
GW Pharmaceuticals hitting new highs with FDA approval of cannabis-based Epidiolex
The US Food and Drug Administration (FDA) has just approved GW Pharmaceuticals’ lead pipeline candidate, Epidiolex, for the treatment of rare, pediatric epilepsy conditions – but why the fuss? Well, for one, it looks to address significant unmet need in the epilepsy market, but more importantly; the drug is a marijuana based-cannabidiol which, according to […]
Petronas-Sarawak oil dispute may complicate Malaysian regulatory landscape, says GlobalData
The outcome of the federal court case brought by state-owned oil company Petroliam Nasional (Petronas) against the Sarawak state government’s assertion of full regulatory control of Malaysia’s upstream sector could complicate regulatory landscape, says leading data and analytics company GlobalData. At the heart of the dispute is the status of the 1974 Petroleum Development Act, […]
Immune-based gene therapy candidates should prevail in oncology
Gene therapy combines a reduced treatment duration with a higher chance of cure unlike conventional oncology treatments such as chemotherapy. However this novel therapeutic approach requires the delivery of genetic material to the patient, an uncharted territory in oncology which will necessitate the implementation of new regulatory guidelines and the restructuring of existing treatment algorithms […]
Women around the world use cash more frequently than men, find GlobalData
Women tend to use cash 6% more frequently than men at a global average, which is a very common trait across all the markets, according to a consumer payments survey conducted in 2017 of 30,000 consumers across 35 markets by leading data and analytics company GlobalData. The company found that majority of consumers feel most […]
Number of Immuno-Oncology (IO) trials in China surge by more than 50% in 2016 and 2017, finds GlobalData
In recent years, China increased its focus on the clinical trial investigation of immuno-oncology (I/O) drug candidates. The number of clinical trials recorded a compound annual growth rate (CAGR) of ~34% since 2008, according to leading data and analytics company GlobalData. GlobalData identified 819 clinical trials that have been initiated in the last 10 years […]
UK based pharma professionals not anticipating staff relocations after Brexit but EU and US colleagues not so sure
In a recent survey of global healthcare professionals into the impact of Brexit on the Pharma industry, most participants working for UK-headquartered companies did not expect staff relocation's because of Brexit.
Tesco looks to defend its grocery share and consolidate operations as non-food website closes
Following the news of Tesco’s planned closure of its loss-making non-food website, Tesco Direct,
Over half of UK individuals are not accessing financial advice
Financial services must do more to narrow the advice gap in the UK as currently 56.5% of individuals are not accessing financial advice, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Customer Engagement with Financial Advice’ states that the industry should seek to engage those currently underserved in the advice space. […]
AI, IoT and blockchain dominate influencer mentions during in Q1 2018, says GlobalData
Artificial Intelligence (AI) has emerged as the most frequently mentioned theme in discussions among the key disruptive technologies during the first quarter (Q1) of 2018 on Twitter, according to leading data and analytics company GlobalData. An analysis from GlobalData’s influencer platform revealed that AI was way ahead of other disruptive technologies with more than one-fourth […]
More than half of osteoporosis cases in 7MM are undiagnosed, says GlobalData
Osteoporosis has become a highly prevalent disease across the globe. The number of osteoporosis cases and fractures occurring due to this problem is steadily increasing as the average life span has improved. Despite increased awareness of the disease, more than half of the cases years in the seven major markets (7MM: US, France, Germany, Italy, […]
Premiumization opportunities abound in Singapore wine market, says GlobalData
Led by the still wine category, the Singapore wine market is expected to record a compound annual growth rate (CAGR) of 5.1% over the period 2016–2021 to reach a market value of US$1.4bn by 2021, according to leading data and analytics company GlobalData. The Singaporean wine market grew at a CAGR of 5.5% during 2011–2016. […]
Domestic tourist expenditure in China hit $679bn in 2017 thanks to burgeoning middle class, says GlobalData
In 2017, Chinese tourists made 2.8 billion trips within the country compared to 136.5 million outbound trips. The trend reflects in tourist spending, as total outbound tourist expenditure stood at $220.6bn, whereas domestic tourist expenditure registered $679.1bn in 2017, according to leading data and analytics company GlobalData. China is the largest domestic and outbound travel […]
Brands need to communicate insect protein benefits to facilitate adoption, says GlobalData
The greatest barrier to the uptake of insect protein is that consumers are simply unaware of the numerous benefits of insect proteins, with 38% of global consumers saying they are not familiar with the ingredient, according to research by leading data and analytics company GlobalData. The company found that while 17% of consumers surveyed had […]
Takeda chases after its largest deal yet
Takeda’s possible $65B takeover of Shire could be the largest deal value in pharma this year, says GlobalData a leading data and analytics company. This is the Japanese company’s fifth attempt at merging with Shire, clearly highlighting Takeda’s readiness for this move. Notably, this deal is significantly larger than Takeda’s acquisition of Millennium in 2008 (for $8.8B), Nycomed in 2011 (for $13.7B), and Ariad in 2017 (for $5.2B).
Candies with tangy twist emerge as trending flavor in India, says GlobalData
Growing demand for exciting flavors is prompting companies in the Indian hard boiled sweets market to explore new flavor combinations in a single candy and offer a unique consumption experience, according to leading data and analytics company GlobalData. Tapping this trend, DS Group launched Pulse branded hard boiled sweets in flavors such as raw mango, […]
Global mobile banking usage highest in India, while Sweden sees fastest growth, says GlobalData
India leads the world for regular mobile banking usage as a proportion of online consumers with current accounts, while Sweden has risen to second place in the global rankings thanks to the fastest growth of any country between 2016 and 2018, according to leading data and analytics company GlobalData. Consumers in the majority of global […]
Canned water brands can alleviate sustainability problems of bottled water, says GlobalData
Water is an everyday necessity, associated with life, healthiness and purity. To sustain this image, water packaging should feature simple and recyclable design. Since the impact of plastic packaging on the environment is widely discussed, canned water brands have an important role to play to reduce packaged water’s impact on the environment, says leading data […]
5G may usher in next wave of satellite communications, says GlobalData
By augmenting fifth generation (5G) mobile networks with next-generation satellite capabilities, satellite operators have an opportunity to become a major player in the emerging 5G ecosystem, says leading data and analytics company GlobalData. Sluggish speeds, high latency and lower reliability compared to traditional fiber and digital subscriber line (DSL) options have restricted satellite’s role to […]
Price comparison websites helping to revive UK insurance brokers
Brokers continue to dominate commercial insurance distribution, as the channel’s UK market share is expected to have grown in 2017 to an estimated footprint of £13.3bn. Brokers’ market influence grew for the first time in years in 2016, largely at the expense of the direct channel, according to GlobalData, a leading data and analytics company, […]