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Israel Aerospace Industries has potential to capture growing UGV market with new vehicle, says GlobalData

Following the news that Israel Aerospace Industries has unveiled a new UGV at the DSEI conference;
William Davies, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers his view:
“This new vehicle, the REX MK II, has logistical capabilities as well as offensive ones. The development of this UGV builds on unmanned capabilities already developed by the IAI, including the older model ‘Rex UGV’ and the ‘Jaguar’.
“The new REX MK II is designed to be more manoeuvrable than its predecessor, with more advanced autonomy. A potential ongoing client for this vehicle will be the British military, …

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Despite bumetanide failure, promise remains in autism market, says GlobalData

Servier and Neurochlore have recently announced that, following a lack of efficacy in two Phase III trials of bumetanide for autism spectrum disorder (ASD) in adolescents, they would be terminating these trials early. These results are particularly disappointing given the promise bumetanide had shown in an earlier Phase IIb trial, and because there is a large unmet need for treatments for the core symptoms of ASD, says GlobalData. The leadng data and analytics company notes that currently, the only FDA-approved drugs for autism are the atypical antipsychotics, which aim to treat the associated symptom of irritability.
The large unmet need …

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Collaboration and communications tech to continue to thrive with hybrid working, says GlobalData

The attitudes of both employees and employers towards hybrid working – a style of working that allows for a more balanced home-office work pattern – have fundamentally changed due to the pandemic, according to GlobalData. The leading data and analytics company notes that this is good news for tech companies producing collaboration and communication (C&C) services such as Zoom that have seen a boost from remote working over the pandemic.
Robert Pritchard, Senior Analyst at GlobalData, comments: “C&C tech acted as a life vest for businesses forced to move to remote working. Their use will only continue as these enterprises …

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Medical device M&A activity high in H1 and connected care is the new buzzword, says GlobalData

M&A activity in the medical device industry has been rife in 2021 as companies recover from the pandemic. Q1 saw the highest number of deals compared to the same period in previous years, with figures reaching $58.1bn, according to the deals database by GlobalData.
Aliyah Farouk, Senior Medical Devices Analyst at GlobalData comments: “The number of deals slowed down in the second quarter of the year, but there was a 47% increase in deal value in comparison to Q1. One prominent deal was the acquisition of Hill-Rom by Baxter: Baxter’s largest deal to date. This deal will make Baxter one …

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Brazil to lead crude and condensate production from upcoming projects in Americas in 2025

Brazil is expected to contribute about 48% or 1,350 thousand barrels per day (mbd) of Americas crude and condensate production in 2025 from planned and announced projects (new build projects, excluding the US L48), according to GlobalData, a leading data and analytics company.
GlobalData’s latest report, ‘Americas Upstream Development Outlook, 2021–2025’, reveals that 1,164 mbd of crude and condensate production in Brazil in 2025 is expected from planned projects with identified development plans, while 364 mbd is expected from early-stage announced projects that are undergoing conceptual studies, and are expected to get approval for development.
In Brazil, Bacalhau, Itapu (Florim), and Buzios V (Franco) are some …

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Key players in psoriasis offer strong support through branded digital channels to Australian patients, says GlobalData

The psoriasis (PsO) therapeutics market in Australia is dominated by biologics such as anti-TNF, anti-IL-17, anti-IL-23, and anti-IL-12/anti-IL-23 therapies. Among these, stiff competition exists among AbbVie’s Skyrizi, Novartis’ Cosentyx, Eli Lilly’s Taltz and Sun Pharma’s Ilumya. Against this backdrop, the pharma giants offer strong support to PsO patients in the branded space through digital channels, says GlobalData, a leading data and analytics company.
According to GlobalData’s ‘Pharmaceutical Intelligence Center’, the number of diagnosed prevalent cases of PsO in Australia is estimated to increase at an annual growth rate of 1.37% from 521,584 in 2021 to 561,567 in 2027.
In Australia, …

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Trinidad and Tobago to dominate natural gas production from upcoming projects in Americas in 2025, says GlobalData

Trinidad and Tobago is expected to contribute around 25% or 820 million cubic feet per day (mmcfd) of the Americas natural gas production in 2025 from planned and announced projects (new build projects, excluding the US L48), according to GlobalData, a leading data and analytics company.
The company’s report, ‘Americas Oil and Gas Upstream Development Outlook to 2025’, reveals that 514 mmcfd of natural gas production in Trinidad and Tobago in 2025 is expected from planned projects with identified development plans, while 306 mmcfd is expected from early-stage announced projects that are undergoing conceptual studies and are expected to be granted approval for development.
A total …

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Venezuela’s heavy oil project reserves will be left stranded as international players divest their interest, says GlobalData

Two international oil and gas players in Venezuela, TotalEnergies and Equinor, recently divested their respective 30.32% and 9.67% interest in the largest project, Petrocedeno, to the state-owned Petróleos de Venezuela S.A (PDVSA) company. According to GlobalData, this means that due to high risks and the unstable deteriorating economy in the country, international players no longer see an upside in Venezuelan projects. The leading data and analytics company notes that with less investments supplied from the private sector, Venezuela will not be able to sustain its oil and gas industry for long, as its own cash resources are extremely limited.
Svetlana Doh, …

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Emma Raducanu’s commercial potential set to explode, says GlobalData

Following today’s news (Friday 10 September) that Emma Raducanu has become the first British woman to reach the tennis Grand Slam final;
Conrad Wiacek, Head of Sport Analysis at GloblaData, a leading data and analytics company, offers his view:
“By reaching the US Open Final at just 18 years of age, Emma Raducanu will become a commercial phenomenon in the UK. Should she win, it is likely her profile will go global. With British tennis having a gap at the top of the tree following the decline in Sir Andy Murray’s abilities through injury, the chances are that Emma Raducanu …

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FC Barcelona’s troubles may be just beginning following termination of $35m Rakuten deal, says GlobalData

Following today’s news (Thursday 9 September) that Rakuten has cancelled its agreement with FC Barcelona one year early;
Conrad Wiacek, Head of Sport Analysis at GloblaData, a leading data and analytics company, offers his view:
“News that FC Barcelona and Rakuten are ending their partnership one year early will not only impact FC Barcelona’s finances in the short term, given its $1bn debt, but may also present serious questions regarding its global commercial footprint moving forward. Rakuten has felt its partnership objectives have not been met and this situation is unlikely to improve with Lionel Messi’s departure from …

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