Rystiggo Receives FDA Approval for Generalized Myasthenia Gravis
Published : Jul 2023
On June 27, 2023, UCB - A multinational biopharmaceutical company based in Belgium announced that their Rystiggo (rozanolixizumab-noli) has been approved by The US Food and Drug Administration (FDA) for the treatment of adult patients with Generalized Myasthenia Gravis (gMG) who are positive in the antibody anti-muscle-specific tyrosine kinase (MuSK) or anti-acetylcholine receptor (AChR).gMG is a progressive autoimmune disease that impacts the neuromuscular system of the body. The symptoms vary greatly for each patient, and hence there is no cure for this disease so far. However, clinical trials and history have indicated that several different types of treatments can help reduce the symptoms in gMG and help remission. The latest addition to treatment options is the FDA-approved Rystigg...
Daiichi Sankyo’s FLT3 Inhibitor VANFLYTA Approved by the FDA in the US.
Published : Jul 2023
On July 20, 2023, Daiichi Sankyo Company, Limited – a global pharmaceutical giant, announced that for the treatment of adults with newly diagnosed FLT3 - ITD Positive Acute Myeloid Leukemia (AML) - an inhibitor, VANFLYTA (Quizartinib), has been approved by The US Food and Drugs Association in combination with anthracycline induction, standard cytarabine, and cytarabine consolidation, and as maintenance monotherapy following consolidation chemotherapy. The FLT3 - ITD mutation is present in around 37% of patients with AML, which is a common Leukemia form in adults. This mutation contributes to cancer growth and reduces the survival rate of patients. However, the approval of Daiichi Sankyo’s VANFLYTA is a sign of advancement in the treatment of patients with the mutation.“The approval of V...
Global Agriculture Industry: Transforming Smart
Published : Jul 2023
Agriculture is one of the most crucial industries for the economic growth of the world contributing 4% of the world's total GDP. Many developing and underdeveloped countries are dependent on the revenue that comes from agriculture and it can be accounted for more than 25% of their GDP (WorldBank.org, 2023). According to the OECD.org, agricultural trade is growing rapidly and has increased by 7% annually between 2001-2019. Trade of agricultural products has not just been restricted to national boundaries since COVID-19 and going global. This generates the need for custom research in the agriculture industry to move towards smart transformation for growth and sustainability.Smart Transformation of the Global Agriculture IndustryA report by OMR presented that is agriculture industry global...
Integrating Semiconductor Market with Automotive Industry: The New ICE Age
Published : Jul 2023
The semiconductor market globally is seeing an increase in sales and revenue due to increasing demand for semiconductor supplies by different industries. According to research by OMR, the Semiconductor market is forecast to grow by 7% in 2023-30. Every sector such as electronics, information and communication, automotive and many more to improve performance and productivity requires semiconductors. Various research has shown that technologies like AI, IoT and Big Data are using semiconductors to improve the profitability, productivity and performance of the product. Automotive Industry is benefitting immensely while integrating with the semiconductor market.Automotive Semiconductor for New ICE Age VehiclesSemiconductor in the automotive industry has been used widely for different purpos...
Global Air Humidifier Market- Changing Trends and Technologies
Published : Jul 2023
Due to rising respiratory diseases such as asthma and chronic obstructive pulmonary disease (COPD) and other health issues due to dry air, the trend of using air humidifiers in the market has drastically increased in the past several years. The market of global air humidifiers is forecasted to record growth of a CAGR of 5.0% by 2031.Since marketing is growing and expected to grow further rapidly, new trends and technologies are being used to grow the market higher with the right integration of technologies. Some major players in the global air humidifier market are Honeywell International Inc., Koninklijke Philips N.V., Mitsubishi Heavy Industries, Ltd. and more. Many new entrants are entering the market with new-age technologies and upgradation making the market more competitive. So le...
Food and Beverages Industry: Changing Packaged Food Market
Published : Jul 2023
Since COVID-19, there is a consistent debate going on in the food and beverage industry about changing consumer preferences and perceptions towards personal health and healthy packaged food and beverages products and current research in the industry shows that millennials and Gen Z are driving the demand for packaged food and beverages and choosing healthy packaged food items.A study by OMR suggests that consumption of healthy biscuits is rising and is forecasted to record a significant growth of a CAGR of 5.4% during 2022-28. Similarly, another study by OMR forecasted that the cereal market will record significant growth of CAGR of around 4.9% during 2022-28. All these changes are driving due to rising health issues all around the globe and consumers are moving towards more healthy and...
Global Battery Recycling Market- Present and Future
Published : Jul 2023
The global battery recycling market continues to rise due to the increased application of various battery types such as lead acid batteries, nickel-based, lithium-ion batteries, and others in various industries like electronics, automotive and industries. The global battery recycling market has been significantly growing and is expected to grow at a CAGR of 6.5% during 2022-28, as per a report published by OMR. The market is important because it helps in conserving the demand for natural virgin materials for battery production as well as it helps in reducing the cost and improving production techniques. The market is growing significantly because of increasing global demand for consumer electronics, the rising popularity of electric vehicles (EVs) and surging demand for effective used b...
Big Break in India’s “Make in India” Semiconductor Plan- Foxconn Announced Breakup with Vedanta
Published : Jul 2023
India has been waiting for its first semiconductor plan since the day Foxconn and Vedanta announced a joint venture worth $19.5 billion in February 2022. This joint venture aimed to support Indian Government in its "Make in India" movement and to boost the domestic manufacturing of electronics in India. The semiconductor plant was supposed to be built in Dholera Industrial City, Gujarat but a recent press release by Foxconn also known as Hon Hai Technology Group, Taiwan left everybody stunned with their announcement of getting out from the deal with Vedanta Group on July 11, 2023, in absence of missing Tech. There were no exact reasons provided by the companies for breaking up the deal except Foxconn's official statement which says -"the breakup was not acrimonious—both sides just recog...
Current State of Automotive Industry and Future Revolution Shaping Passenger Car Market
Published : Jul 2023
Being one of the largest industries in the world, the global automotive industry is going through a major transition of its time. 81.6 million vehicles are produced all around the globe. Due to all these Industry is facing the highest prices of vehicles of all time majorly because of the auto chip crisis and shortage of raw material delaying production worldwide. High carbon emission and pollution is also concerning the industry. Currently Automotive industry is at the stage where it requires big innovation and revolution to improve the quality of the products at economical prices. One segment of the automotive industry which is most affected by the transitions is the passenger car market because of high demand and changing technologies.Automotive Industry- Passenger Car Market- Present...
Can AI Replace Humans?—Bard Edition
Published : Jun 2023
There is a huge debate going on about whether AI will replace humans or not. And as a writer, if you are stressing about your career, then I can assure you that you’re not getting replaced. Not anytime soon.Although AI has huge potential to be HELPFUL as a writing tool, depending on it for the whole piece of content or article, especially research-based content, will neither serve you nor your audience.Here’s an example:I asked Bard some basic questions about the company I work for. I was expecting some insightful information (as it claims it can); however, the details were horrific and way far from facts. The results-