Thursday, July 12, 2018

Sizing The Hnw Wealth Management Industry In China 2018: Ken Research


Private banking took shape in China, nearly in the year 2000 when Royal Bank of Scotland and Bank of China jointly introduced private banking services. More than 4 decades of strong growth in the Chinese economy has led to rise in private wealth to great extent. This has created a humungous market in terms of private wealth management as the number of high net worth individuals is on the rise. With capital market getting mature and private wealth increasing at an increasing pace, private banking in china has grown significantly.

According to the study, ‘WEALTH IN CHINA: HNW INVESTORS 2018’, the recent years have witnessed new trends in the Chinese economy that are shifting the landscape of the private banking environment. The private wealth is on the rise; however the quality returns on assets have come under pressure. This has resulted in huge wealth seeking scare high quality assets that has caused a shift in the expectation of both banks and individuals. The demands and requirements of HNW clients across china have changed. They have diverse demands on not only look forward for wealth preservation but also succession planning. The competition within private wealth management has intensified which has resulted in a more robust and enhanced banking mechanism. This well help banks to over step the boundaries set by cross border banking and come up with new business plans.
Chinese HNWs are still expanding their business. They prefer to reinvest their wealth in their own enterprise rather than preserving it. This preference is proven by the fact that returns on financial instruments issued by institutions have been relatively lower as compared to return on business and real estate.
The three prime reasons that HNWs do not prefer to have their wealth managed by financial institutions are:-
·         The first generation entrepreneurs rely on their own ability to make financial decisions and prefer to decide their own wealth appropriation into different assets.

·         Capital markets in China are still immature and have lacked high degree of efficiency.
·         The Chinese HNWs prefer to maintain confidentiality when it comes to financial matters. The wealth managers are unable to provide this confidentiality since they lack specialized teams.
The competition dynamics in the private wealth management business are being disrupted as new players enter the market. Majority percentage of high net worth individuals are currently not being served by any wealth management business. This implies that new companies entering the space do not have to gather their market share from existing companies but rather have the opportunity to gather it directly from clients that are not being served.  Third party wealth managers, trusts, banks all these are adding vitality in the industry. However, commercial banks tend to possess an advantage over the other business models due to established business and existing clientele.

 The various wealth management products include property investment, capital markets, bank wealth management products, overseas investment, life insurance and other domestic investment products. This share is led by property investment due to their inclination towards real estate investments.
There are various wealth management products being floated into the market by the big four. However the real potential of the market has not been tapped into as majority of the wealth is stored in form of cash only. This makes Chinese wealth management industry lucrative and as more companies enter this space, it will become more dynamic and fast paced.

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Availability of Alternative Metals and Environmental Concerns to Hinder Growth in Copper and Copper Alloy Foils in Asian Market: Ken Research

Copper and copper alloys foils are manufactured into thin sheets or foils using two major processes namely electro-deposition and rolled annealing. Copper and copper alloy foils are flat rolled copper sheets and its alloys, which are manufacture using different processes such as rolling, hammering and electrolysis. Copper alloy foils are widely consumed in many industries due to its exclusive properties such as conductivity, malleability and flexibility. Copper alloy foils are available in various thicknesses ranging from 0.025 mm to 5 mm, depending on the end use application.
Cooper and copper alloy foils are used across many industries such as electrical & electronics, automotive, decorative and others. However, electronics and electrical is the largest consumer of copper and copper alloys foils due to its wide application in manufacturing of PCB (Printed Circuit Boards). Copper and copper alloys foils offer an attractive balance in terms of performance characteristics compared to other foils with good conductivity, malleability and flexibility. Therefore, copper and copper alloys foils are widely used for manufacturing of PCB, lithium batteries, radiator materials and others. Copper and copper alloys foils are demanded in the manufacture of electronic devices. PCB is an important component for operation of any electronic devices where thin copper foils are adopted in the manufacturing process. Furthermore, the introduction of electric vehicles has led to more consumption of copper and copper alloys foils in Asia.
According to the study “Asia Copper and Copper Alloy Foils Industry Situation and Prospects Research report”, with abundant supply of copper as raw materials and a huge number of PCB manufacturers, the market for copper and copper alloys foils in Asia will witness a drastic growth. China accounts for a major share of copper and copper alloys foils market in Asia compared to other Asian countries due to many PCB industrial establishments within the country. Rapid urbanization, increasing disposable income of middle class population are few factors driving the growth of copper and copper alloy foils. Various products available in copper and copper alloys foils are natural cork stopper, agglomerated cork stopper and others. Geographically, Asia’s copper and copper alloys foils market is spread across China, India, Japan, Korea, Saudi Arabia and others. The leading players in Asia’s copper and copper alloys foils market are Amari Copper Alloys, Global Brass and Copper Holdings, Arcotech Ltd, Civen Metal Material (Shanghai) Co, JX Nippon Mining & Metals Corporation, Carl Schlenk AG, and Les Lamineries Matthey SA.
Asia’s stringent legislations on pollution have boosted the prevalence of electric vehicles. This industry consumes large quantity of copper foils in the manufacturing of lithium batteries for electric vehicles. Therefore, substantial growth of electric vehicles in Asia is coupled with the growth in copper and copper alloy foils market. Copper and copper alloys foils market in Asia is categorized based on types such as copper foil, brass foil, bronze foil, copper nickel foil and others. Copper and copper alloys foils are utilized in electrical & electronics, automotive, decorative, and others industries.
Copper and copper alloy foils market in Asia is expected to expand at a healthy pace due to increasing demand from the construction, electrical, and electronic industries. Increasing demand and consumption of copper and copper alloy foils in automotive industry is also an additional advantage to drive the growth in the Asian market. Decline in crude oil prices, increasing demand for copper foils in PCBS (Printed Circuit Boards), increasing manufacture of Lithium-Ion batteries, rapid industrialization and urbanization in Asian developing economies has targeted the market growth. The availability of substitutes for copper and copper alloy foils coupled with environmental regulations will definitely hinder Asia’s copper and copper alloy foils market growth over the next few years.
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China Dyes Market is Expected to Reach around USD 9.3 billion by 2022: Ken Research

China organized and unorganized dyes market, by product type (reactive dyes, disperse dyes, direct dyes, acid dyes, vat dyes and others), by application (textiles, leather, paper, printing inks and others), by export and domestic sales. The report also covers the overall competitive landscape of major companies such as Zhejiang Longsheng Group, Zhejiang Runtu Group, Jiangsu Jinji Group, Shanghai Anoky Group, Zhejiang Jihua Group, Jiangsu Yabang Dyestuff Co Ltd, and others. The report concludes with market projection for future for dyes market as described above and analyst recommendations highlighting the major opportunities and cautions for overall China dyes market.
·         China Dye industry is concentrated with majority of the manufacturers located in Zhejiang, Jiangsu, Hubei and Shandong. The market is dominated by low quality and low price products.
·         China produces about 600-650 varieties of dyes which is able to meet most of the domestic market demand.
·         China dye industry has an oligopolistic competitive structure with Zhejiang Longsheng Group, Zhejiang Runtu Group, Zhejiang Jihua Group and Jiangsu Yabang Dyestuff Co, Ltd, dominating the market.
China dyes market revenue is expected to increase on the back of growing end-user demand including textiles, leather, printing inks, paper, and others. As the government introduced various environmental regulations, the smaller manufacturers are expected to shut down due to the increased operating cost. This will allow the leading players who are able to adopt green methods of production to expand their geographic presence, and introduce new environment friendly dyes in order to capture a larger share in the overall market revenues. Further, this will lead the market towards consolidation.
The market will witness new technology trends in manufacturing process and product variants. Development of organic dyes and high-performance bio-based pigments will lead the market to shift from low end products to manufacturing high quality, environment friendly products. Major process technology include catalytic technology, sulfur trioxide sulfonation technology, continuous nitration technology, thermal insulation nitration technology, directional chlorination technology, combination efficiency technology, solvent reaction technology, recycling technology, substitution of phosgene and other highly toxic materials. The market will witness the evolution of high performance dyes whose production involve low emissions of volatile organic compounds (VOCs).
With increasing competition between international players and domestic firms in China, the dyes market is anticipated to witness more strategic alliances, mergers and joint ventures/acquisitions in near future.
Growth of high performance dyes, and inclining demand from developed countries coupled with adoption of environment friendly manufacturing process will propel the market revenue in forthcoming years.
Product Covered:
Reactive Dyes - Mild Exhaust, Highly Exhaust, Cold Dyes and Other Reactive dyes;
Disperse Dyes – Anthraquinone Dyes, Azo Disperse Dyes;
Acid dyes – Strong, Weak and Neutral Acid Dyes;
Direct Dyes
VAT Dyes -Based on Indigo Derivatives, Based on Anthraquinone Derivatives
Sulphur Dyes
Cationic Dyes
Azoic Dyes
By Application: Textiles, Leather, Paper, Printing Inks and Others), By Export and Domestic Sales
Companies Covered: Zhejiang Longsheng Group, Zhejiang Runtu Group, Jiangsu Jinji Group, Shanghai Anoky Group, Zhejiang Jihua Group, Jiangsu Yabang Dyestuff Co Ltd
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Malignancy Associated With Hyperthyroidism Market Outlook: Ken Research


According to the study ‘HYPERTHYROIDISM GLOBAL CLINICAL TRIALS REVIEW, H1, 2018, among the most popular remedies is radioactive iodine (RAI) which is taken orally and gets absorbed by the thyroid gland. It is meant to destroy the hyper functioning thyroid tissues which can help reduce symptoms. RAI is generally safe and has been used for decades and is still undergoing research by scientists who are attempting to better understand the most commonly used Iodine-131.
Hyperthyroidism is a condition in which an overactive thyroid gland is producing an excessive amount of thyroid hormones, such as thyroxine and triiodothyronine that circulate in the blood. Common symptoms of hyperthyroidism include restlessness, agitation, anxiety, weight loss despite increased appetite, intolerance to heat and frequent bowel movements among others. Graves’ disease I s the most common cause of hyperthyroidism and can be associated with eye disease (Graves’ opthalmopathy). Patients with hyperthyroidism have multiple options for treatment and management depending on factors like age, physical condition, underlying causes of the disease, personal preference and severity of the condition. However, modern study is exploring the possibility of hyperthyroidism being connected to cancerous tissues. Thyroid cancer starts in the thyroid gland and its prevalence in patients with hyperthyroidism varies. This variation stems from factors like extent of histological examination of removed thyroid tissue, the cause and extent of hyperthyroidism, criteria for choosing surgery in the treatment of hyperthyroidism and geographical differences in cancer rates. The overall prevalence of thyroid cancer found during surgery in patients with hyperthyroidism ranges from a low level to a significant level. The majority of carcinomas reported in these studies were micro carcinomas, the clinical significance of which is uncertain. Papillary carcinoma was the most frequently reported cancer type.
Many global associations have been established in response to the growing concern. These institutions annually focus on themes thereby bringing expertise to the table to augment developments in the field for instance, The Asia-Pacific Society of Thyroid Surgery will meet in December 2018 to discuss thyroid surgery. It will discuss newly developed technologies including molecular diagnoses, intraoperative neuromonitoring, endoscopic and robotic surgery among others. Researchers have also come together and experimented with Iodine-131 on mice. Other developments are also taking place in similar radiology therapies and nuclear medicine. Such future prospects aim to be more target oriented and minimize after effects of these treatments such as under-activity of the thyroid gland after consumption of radioactive iodine. The American Thyroid Association is among the leading institutions in the world that specializes in thyroid research.
Studies are also trying to establish connections between the causes of hyperthyroidism and cancerous tissues that develop in the thyroid gland. The link between Graves’ hyperthyroidism and cancer remains debatable with the cancer rates appearing to range widely. Hence, researchers state that clinicians that treat hyperthyroidism patients should be aware of the outlined malignancy risk involved. Every suspicious thyroid nodule that is linked to hyperthyroidism should be carefully evaluated. In addition, nuclear medicine and radiology are also picking up pace to improve their efficiency.
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Shift In Payment Ecosystem Of Peru: Ken Research

In the past few years, Peru has been identified as a pioneer in financial inclusion due to its regulatory framework and policy formation. The Peruvian government considers financial inclusion as a key driver for growth in the economy and thus has put financial inclusion as one of its priority under its socio-economic inclusion objective. This path shall not only lead to financial inclusion but also eradication of poverty and reduction of the income inequality.
According to the study, ‘Payments Landscape In Peru: Opportunities And Risks To 2021, To promote safe and efficient payment mechanism, the multi sector committee for financial inclusion approved the plan of National Strategy of Financial Inclusion containing methodologies and mechanisms that shall be followed. 
Traditionally, financial inclusion in Peru has been significantly low due to history of economic instability characterized by high inflation which started in the late 70s and lasted for nearly two decades. The effect of this instability can be witnessed in the present time when only a small fraction of the population have bank accounts and even fewer people who save their money in forms of financial instruments. However, stability has been witnessed in the recent times requiring government to further promote the concept of cards and alternative payment solutions.
In accordance with the government initiative to promote financial inclusion, it launched a fully interoperable payment platform BiM in coordination with Bankers’ Association Peru, the International Finance Corporation and Better than Cash Alliance. This initiative was taken via a public private partnership with a new legal entity Modelu Peru. The MiB is an interoperable white label retail payment product which aims to allow multi FSP interoperability for financial services. Modelu Peru’s technology has been deisgned by Ericsson whih aims to bring 34 financial institutions to connect to a single digital payment platform. The service is available is available via three telecom networks and can be accessed via any basic mobile device. Mib can be used for a variety of services like for opening a bank account, transfer of fund or make utility payments. With huge number of users using this ervice to make digital payments, MiB is increasing the number of users every month.
In 2015, mobile operator, Movistar and Mastercard partnered to launch a digital payment service called Tu Dinero Movil. The service is exclusive to Movistar’s customers enabling them to conduct digital transaction such as payments at Mastercard affiliated merchants and mobile recharges. E commerce segment is currently booming in Peru. Medium and Large enterprises are launching online stores and marketplaces. In April 2018, online shopping mall, Lumnigo commenced operations offering variety range of products and services. These e – malls are a one stop for millions of small retailers which enables them to expand their region. Some products that are available one these e – malls are furniture, clothing, fashion apparels, medicines, digital devices that too from various websites available on one platform. To benefit from this growth in the E commerce segment, providers are coming up with new services. For instance Visa offers Visa Checkout that allow users to make convenient payments via their username and password and similarly, PayPal offers One Touch for faster checkout.
Some of the players in digital payment space are Banco de Credito del Peru, BBVA Continental Scotiabank, Interbank, Banco Falabella, Banco Ripley, Banco Cencosud, Banco Financiero, Visa, Mastercard, American Express and Diners Club
The growth prospects for this sector are bright in the future provided the private users are able to build their faith in the digital transaction model. This trust can be generated via constant government support and initiatives that lead to higher acceptability in the long run.
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Different Views And Accelerators Of Dysmenorrhea Market Outlook: Ken Research


According to the study ‘DYSMENORRHEA GLOBAL CLINICAL TRIALS REVIEW, H1, 2018, menstrual issues are widespread among girls and this affects their daily physical and emotional wellbeing.Dysmenorrhea is the medical term for pain with menstruation. There are two types of dysmenorrhea primary and secondary with primary dysmenorrhea being common menstrual cramps that are recurrent in nature and are not caused by other diseases but lead to pain in lower abdomen, back or thighs. Secondary dysmenorrhea is long lasting pain that is caused by a disorder in the woman’s reproductive organs, such as endometriosis, adenomyosis, uterine fibroids or infection.
The medical fraternity is carrying out research studies in various known ailments including dysmenorrhea and studying its effects on the general life activities of women. It has been noted that the effects of dysmenorrhea transcend beyond personal discomfort, to female participation in other sectors. The declining participation of females in the educational sector and professional work environments is largely being attributed to dysmenorrhea. Evidence suggests that dysmenorrhea may also be a risk factor for other chronic pain conditions. Apart from this, dysmenorrhea has also been identified to be in strong association with other medical conditions. Dysmenorrhea has recently been recognized as the main symptom of Herlyn-Werner-Wunderlich Syndrome (HWW), evident by a case study. There is also obstruction mass or endometriosis associated with dysmenorrhea. MRI with capability of tissue differentiation is the gold standard for diagnosis. The primary purpose of surgery in this respect is to release the obstruction and prevent further complications. Studies conducted, on the prevalence of primary dysmenorrhea and its relationship with body mass index (BMI), have revealed surprising findings. Pair wise comparison of dysmenorrhea between different BMI groups showed a statistically significant difference in the frequency of moderate and severe dysmenorrhea between under weight and overweight subjects indicating that under weight females are at a higher risk of having primary dysmenorrhea. Thus, this study indicates a greater prevalence of moderate and severe dysmenorrhea in underweight as compared to overweight females, whilst conducting further research on the pathophysiological mechanisms responsible for this association.
Even on an international level dysmenorrhea is being extensively studied. The dysmenorrhea study conducted by the Department of Pharmacy of the College of Health Sciences of Mekelle University in northern Ethiopia is one of the latest researches that have shed light on dysmenorrhea. This was a cross sectional institution based study that was conducted on Mekelle University health science students. More than two-third of the students were found to be affected by this ailment and it was noted that participants who had long menstrual cycle interval, long menses flows, positive family history and who were alcohol consumers were more likely to have dysmenorrhea. It was also concluded that students feel depressed, have poor personal relationships and indulge in class absenteeism. A study conducted in Jordon produced similar results. Various other studies have approached the issue from different perspectives and have raised conclusions in diverse aspects. A study conducted in Vietnam showed that age at which menarche occurs and religion were associated as well whereas a study conducted in Turkey revealed that dysmenorrhea was significantly higher in coffee consumers and those who had a family history. An experimental study conducted in Iran showed that regular physical activity significantly reduced dysmenorrhea. Studies conducted in India support the findings that affected females frequently miss classes and college. Studies have also been conducted to understand the treatment measures adopted by those affected. The Ethiopian students researched seem to rely on self medication. ibuprofen appears to be popular among South-Indian subjects whereas paracetamol is widely used in Taiwan and Ghana. According to Egyptian study fresh ginger appeared effective in relieving menstrual pain.
Dysmenorrhea is widely being researched both in India and on the international front. An increasing number of studies from around the world are presenting different views on the subject and its treatment with some factors, such as family history, being globally recognized to increase susceptibility. The role dysmenorrhea plays in the decreasing female educational participation is also being widely recognized.
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China Dyes Market Outlook to 2022-Ken Research


The report titled China Dyes Market Outlook to 2022 – By Market Structure (Organized and Unorganized Market), By Export and Domestic Sales, By Applications (Textiles, Printing Inks, Paints and Coatings, Construction and others) and By Type of Dyes (Disperse, Reactive, Acid, VAT and others) focuses on overall market size for dyes in China, China dyes market segmentation by market structure (unorganized and organized market), by product type (Reactive Dyes – Mild Exhaust, Highly Exhaust, Cold Dyes and Other Reactive dyes; Disperse Dyes - Anthraquinone Dyes, Azo Disperse Dyes; Direct Dyes, Acid Dyes – Strong, Weak and Neutral Acid Dyes; VAT dyes - Based on Indigo Derivatives, Based on Anthraquinone Derivatives and others), by application (textiles, leather, paper, printing inks and others), by export and domestic sales. The report also covers the overall competitive landscape of major companies such as Zhejiang Longsheng Group, Zhejiang Runtu Group, Jiangsu Jinji Group, Shanghai Anoky Group, Zhejiang Jihua Group, Jiangsu Yabang Dyestuff Co Ltd, and others. The report concludes with market projection for future for dyes market and analyst recommendations highlighting the major opportunities and cautions for overall China dyes market.
China Dyes Market Size
In terms of revenue, the dyes market within China has registered a constant growth with positive CAGR in last five years (2012-2017). China produces about 600-650 varieties of dyes which is able to meet most of the domestic market demand. The 13th Five Year Plan that focuses on ecological safety and environmental protection upgrades has led to the transformation of the dye industry in terms of integration and automation, focusing on eco-innovation and environmental safety upgrades, research and development focus on marketable and high value-added product development.
China Dyes Market Segmentation
The organized players operating in China dominate the dyestuff industry which focuses on manufacturing high end products which include VAT dyes, fluorine based reactive dyes and others.
The disperse dyes segment dominated China dyes market in 2017 owing to its wide usage in the country’s textile industry. Disperse dyes are mainly used for the dyeing and printing of polyester, and also for the dyeing of textiles such as acetate and nylon. Within the disperse dye market, anthraquinone disperse dyes have accounted for the larger share in the overall revenue generated in China disperse dye market. Reactive dyes have accounted for the second largest share in revenue generated in China dye market. Within the reactive dye segment, mild exhaust reactive dyes have registered the largest share in terms of revenue in 2017. Other types of dyes include acid dyes, direct dyes and Vat dyes.
The textiles industry in China established itself as market leader in terms of dyestuff consumption majorly due to high demand of natural fibers and recycled fibers in China. Companies in developed countries have gradually withdrawn from the basic dye synthesis business and formed dyestuff semi-finished products that mainly rely on imports from China to process high value-added dye commercial products. Other major end users include leather industry, printing inks industry, paper industry and others.
With the development of end users such as textile industry, leather industry, printing inks industry and others in China, the domestic sale of dyes has registered the larger share in the overall revenue generated by China dye market in 2017. Rest of the revenue is generated through exports to countries such as Indonesia, South Korea, Taiwan, India and others.
Competitive Landscape in China Dyes Market
The domestic dye industry is highly concentrated with major production enterprises mainly concentrated in Zhejiang and Jiangsu provinces. The market is moving towards oligopolistic competition pattern with Zhejiang Longsheng group, Zhejiang Runtu group and Zhejiang Jihua Group dominating the market. Major competition parameters include product portfolio, quality, integrated manufacturing process, pricing, technology and end users served. Other major players in the market include Jiangsu Yabang Dyestuff, Shanghai Anoky Group and others.
China Dyes Market Future Outlook and Projections
The growth will be facilitated by growing investment in manufacturing process and product development in terms of color fastness, reduce fiber damage, reduce energy consumption, increase productivity and reduce environmental pollution.
The growth of dyestuff sector in the future will be highly dependent upon the performance of end-user applications such as textiles, printing inks, paper, plastics, foodstuff and others. China dyes market is expected to register a positive growth rate growing at a CAGR of approximately 6% in the forecasted year 2017-2022E.
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Hepatitis Drug Development Market Research Report: Ken Research


Hepatitis Drug Development Market Research Report provides an overview of the pipeline landscape for hepatitis infections. It provides comprehensive information on the therapeutics under development and key players involved in therapeutic development for hepatitis A, hepatitis B, hepatitis D and hepatitis E, and features dormant and discontinued products.
Hepatitis refers to inflammation of the liver and is most commonly caused by viral infections. Hepatitis A and E are typically caused by ingestion of contaminated food or water. Symptoms of hepatitis A infection include fatigue, nausea and vomiting, loss of appetite, dark urine, muscle pain and yellowing of the skin and eyes.
Risk factors include a weakened immune system and use of injected or non-injected illicit drugs. Symptoms of hepatitis E include yellowing of the skin, dark urine, fever, fatigue, joint pain, nausea, a loss of appetite and pain in the abdomen.
Hepatitis B and hepatitis D infection typically occur as a result of contact with infected body fluids. Transmission of hepatitis B can occur via sexual contact, injection drug use or transfusions of contaminated blood and blood products. Hepatitis B virus can cause an acute illness with symptoms that last several weeks, including yellowing of the skin and eyes, dark urine, extreme fatigue, nausea, vomiting and abdominal pain.
Hepatitis D infection only occurs in persons previously infected with hepatitis B, as the hepatitis D virus can only replicate in the presence of hepatitis B. The co-infection of hepatitis B and hepatitis D is associated with greater disease severity than hepatitis B infection alone.
Companies operating in this pipeline space include Cadila Healthcare and Chongqing Zhifei Biological Products.
The report also includes the following details:-
- Which companies are the most active within each pipeline?
- Which pharmaceutical approaches are the most prominent at each stage of the pipeline and within each indication?
- To what extent do universities and institutions play a role within this pipeline, compared to pharmaceutical companies?
- What are the most important R&D milestones and data publications to have happened in this disease area?
- Understand the overall pipeline, with an at-a-glance overview of all products in therapeutic development for each indication
- Assess the products in development in granular detail, with an up-to-date overview of each individual pipeline program in each indication and a comprehensive picture of recent updates and milestones for each
- Analyze the companies, institutions and universities currently operating in the pipeline and the products being fielded by each of these
- Understand the composition of the pipeline in terms of molecule type, molecular target, mechanism of action and route of administration
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