AI in Skincare: Notable Innovations from Industry Giants
The global skincare market is projected to reach a staggering $273.3 billion by 2031, of which $15.75 billion will be AI-powered applications. Industry giants like L’Oreal have already begun integrating artificial intelligence technologies to enhance their customers’ skin care. Beauty companies use AI to precisely analyze skin texture, pigmentation, hydration, etc., and create personalized products […]
The Mounjaro Patent Thicket: Patents expiring in 2036
More than 500 million people around the world are affected by diabetes, and this issue is intensified by a surging obesity crisis, particularly in wealthier nations. In such a crisis, drugs like Mounjaro represent a highly lucrative opportunity for generic drugmakers to address the escalating medical demand on a global scale. For the uninitiated, Mounajro® […]
Waterless Cosmetics: A Multi-Billion Dollar Beauty Trend for 2024
Skyquest expects the market share of waterless cosmetic products to grow to 20 billion USD by 2030. Waterless products have broken out of South Korean markets and have slowly become popular in the West since 2015, mainly due to more eco-conscious consumers. Since these products are not diluted with water, they need minimal preservatives, if […]
Patent Marking – The smartest strategy to shortlist high-value patents from a large set
When Nick, a legal counsel representing a major Non-Practicing Entity (NPE) in the United States, approached us, his goal was to acquire 200 patents from a portfolio of 1000 within a strict two-month timeframe. It became evident that conventional manual methods would fall short of meeting this challenging deadline. To provide some context, it meant […]
Top 10 Solar Energy Companies to Watch in 2024
The solar industry drastically reshaped the global energy landscape in 2023. In the first half of the year, solar energy contributed an impressive 45% to all new electricity-generating capacity added to the U.S. grid. Additionally, investments in solar deployment have reached over USD 1 billion a day, indicating the sector’s financial viability and crucial role […]
Sustainable Beauty: Transforming Kitchen Staples into Innovative Cosmetic Ingredients
As familiar as we are with traditional cosmetic elements such as water, emulsifiers, preservatives, fragrances, colorants, surfactants, and antioxidants, there is a notable shift in ingredients. This shift signals a growing demand for sustainable, natural, and eco-friendly cosmetics in the foreseeable future. Statistical insights project that the global cosmetic ingredients market will grow substantially from […]
30 Diabetes Drug Patents Expiring from 2024 till 2028 – GreyB
Given the competitive nature of the pharmaceutical domain, the expiration of drug patents presents significant opportunities, particularly for companies specializing in generic medications. Pharmaceutical companies seeking to expand or diversify their generic drug portfolios would find this list of great value in identifying diabetes drug patents that will expire between 2024 and 2028. By utilizing […]
Patent Family Tree: A Visual Guide to Understanding Patent Portfolios
A patent family is an unparalleled fortress, strategically safeguarding intellectual property across multiple jurisdictions. It forms a robust defense, enabling swift and global protection against unauthorized use of innovative concepts. However, understanding global patent portfolios is complex and exhaustive. Navigating these connections across borders becomes challenging. Imagine simplifying this process with a visual map that […]
Precision Fermentation for Palm Oil Alternatives – Insights from Maximilian Webers, Co-founder of Colipi
As the world’s most widely used vegetable oil, from food to cosmetics, palm oil drives a $68 billion market. However, its unrestrained expansion eradicates rainforests vital to mitigating climate change. If left unaddressed, the palm oil supply chain risks market instability, operational risks, and shrinking profit pools as consumer brands demanding deforestation-free supply struggle to […]
How Artificial Intelligence Catalyzes Innovation in the Chemical Industry
In a survey by IBM, more than 80% of chemical industry executives said they believe that artificial intelligence will immensely impact their business within the next three years. AI (Artificial Intelligence) is rapidly becoming an indispensable component of the chemical industry. The global AI in the chemical market is expected to be worth around $16.94 […]
Top 10 Pharmaceutical Companies to Watch in 2024
Pembrolizumab (trade name Keytruda) is a popular drug used in cancer therapy and treatment worldwide. It is even on the World Health Organization’s (WHO) list of essential medicines. On November 1, 2023, Keytruda received FDA authorization to treat locally advanced unresectable or metastatic biliary tract cancer (BTC) — a rare but aggressive type of (bile […]
7 Trends Driving a Sustainable Future in Textile
The textile industry releases 1.7 million tons of CO2 annually, making up 10% of the world’s greenhouse gas emissions. Clothing and textile waste is taking at least 7% of the global landscape space. This has become a primary environmental concern. Rising consumer awareness and government pressure have prompted companies in this domain to research sustainable […]
Tagatose: An Underrated Alternative Sweetener with Tremendous Potential
Did you know that Tagatose has up to 60% lower calories while being just as sweet as regular sugar? Tagatose is an up-and-coming alternative sweetener that could replace cane sugar from foods. It’s a rare form of sugar derived from natural sources like milk. The global tagatose market is expected to grow to around $250.4 […]
What is Allulose and Why its demand is growing?
Researchers have found a way to produce high-purity allulose using microbes! This new method requires minimal maintenance and can be scarce for mass production. In addition, industry giants like ASR Group and Hershey’s are investing in startups that can commercialize allulose. The market demand for the artificial sweetener Allulose is rising. It is predicted to […]
Disney’s Business Strategy: Methods Behind Its 100 Years of Success!
Disney’s annual revenue in 2023 was more than Paramount and Warner Bros put together! Statista reports that in 2023, the entertainment giant held the highest domestic market share of ticket sales among American movie studios, with a total of 30.2%. The biggest revenue source was its entertainment segment, which generated revenues of over $40 billion. […]
How Precision Fermentation Companies are Changing the Dairy Industry
Due to its versatility and variety of tastes, the global demand for cheese is astoundingly high. However, manufacturing cheeses the traditional way remains far from being sustainable. NRDC listed cheese among the top foods contributing to the increase in emissions between 2005 and 2014. In addition to ecological concerns, cheese production puts tremendous strain on […]
