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Bausch Health recently announced that it had entered into an agreement with Allegro to acquire an option to purchase all of the latter’s ophthalmology assets. This transaction will be a significant step for Bausch Health in its strategy to create a long-term growth opportunity, says GlobalData, a leading data and analytics company. Vinie Varkey, MSc, […]
Competition intensifies in SMA market with new Evrysdi two-year data
Following the news that Roche has announced new positive two-year data for Evrysdi (risdiplam) in infants with spinal muscular atrophy (SMA); Philippa Salter, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “Having been approved earlier this year, Roche’s Evrysdi now reaches the market – albeit a whole four years behind […]
PAH patients to benefit amid telemedicine regulatory changes
Following President Trump’s announced executive order directing the Department of Health and Human Services (HHS) to issue rules ensuring that specific regulatory changes to telemedicine will remain in place once the COVID-19 pandemic ends, HHS will need to healthcare access to rural areas and to create a novel value-based payment model to improve reimbursement, according […]
COVID-19 vaccine administered by nasal spray receives approval in China for Phase I study
Pharma companies around the world are exploring innovative approaches to develop therapeutics and vaccines against COVID-19. One of these innovations is using a nasal spray to deliver the vaccine and the intranasal spray vaccine being co-developed by Beijing Wantai Biological Pharmacy Enterprise with researchers from Xiamen University and Hong Kong University is the first of […]
Global ALS market expected to grow to $1.04bn in 2029 driven by anticipated drug launches
The late-stage ALS pipeline has several promising therapies that look to address some of the unmet needs in the market. Pipeline strategies have focused on bringing first-in-class treatments to the market with the hope that they can at least extend patient survival, and, at best, have neuroprotective properties. This has led to a variety of different […]
Renault-Nissan-Mitsubishi Alliance can drive down electric vehicle prices
Prices of electric vehicles (EVs) are significantly higher than conventional combustion engine powered vehicles. However, the difference is narrowing as EV volumes rise and unit costs of expensive components fall, says GlobalData, a leading data and analytics company. David Leggett, Automotive Analyst at GlobalData, comments: “We can see more EVs on the market coming […]
UK car output trend a stark reminder that crisis persists
Following the news from the Society of Motor Manufacturers and Traders (SMMT) that UK car manufacturing plunged by 44.6% in August; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “On the upside, we have seen a solid manufacturing restart in Britain’s car industry since the spring, but this latest […]
COVID-19 pandemic impacting robotic surgical systems market with 7.7% lost revenue expected in 2020
Nearly 8% of revenue from robotic surgical systems will be lost in 2020 due to COVID-19, according to GlobalData, a leading data and analytics company, as many elective robotic surgical procedures have been postponed. Given that Intuitive Surgical is the market leader for robotic surgical systems sales, most revenue lost during the COVID-19 pandemic will be experienced by this company. For […]
Level 2 ADAS technologies trickling down car segments
While advanced driver assistance systems (ADAS) technologies have appeared in luxury cars for some time, they are increasingly appearing in less expensive cars, according to GlobalData, a leading data and analytics company. The objective is, at best, to prevent accidents completely and, at worst, minimise the consequences of an accident for all involved. David Leggett, Automotive Analyst at GlobalData, […]
AR uptake will increase in aerospace and defense as vendors realize benefits of utilizing the technology
Augmented reality (AR) is expected to see significantly more uptake in the aerospace and defense sectors in the coming decade as vendors realize the benefits of utilizing this technology in manufacturing processes. Militaries are currently investing in AR, in a limited sense, but are refraining from deploying it in the field until the technology is […]
Drilling in Alaska’s ANWR reserves will be costly due to weather conditions and environmental hurdles
Following the approval of an oil and gas leasing plan for Alaska’s Arctic National Wildlife Refuge (ANWR) by the US Department of Interior; Adrian Lara, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the approval: “The recoverable reserves from the 1002 area within the ANWR will […]
Thermo Fisher’s failed Qiagen acquisition will not significantly affect its future growth
Following the collapse of Thermo Fisher Scientific’s $11.5bn takeover of Qiagen; Brian Hicks, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers his view: “As one of the largest acquisitions in the MedTech industry to have potentially occurred in 2020, a successful deal would have propelled Thermo Fisher’s market capitalization by nearly 7%, […]
Dental markets need safety innovations to accelerate recovery
Following recent news that Dentsply Sirona reported a Q2 net sales decline of 51.4% compared to Q2 2019; Dominic Tong, Medical Device Analyst at GlobalData, a leading data and analytics company, offers his view: “The dental devices market has been hit especially hard by the COVID-19 pandemic. A vast majority of dental procedures are elective, […]
Equinor sets out to retain leading role among oil majors in energy transition
Following today’s announcement of Equinor’s appointment of a new CEO, with an increased focus on the energy transition; Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “Equinor, like other major European oil and gas companies, has made a significant strategic shift in recent months to […]
Quidel’s revenues will continue to climb in 2020
Following the release of Quidel’s Q2 2020 results; Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “Quidel has risen dramatically this year due to its flexible, diverse and speedy COVID-19 offerings. With the pandemic still present, especially in the US and South America, and the threat of […]
Novaliq’s CyclASol could become preferred cyclosporine formulation if pivotal trial succeeds
Novaliq recently announced its agreement with the US Food and Drug Administration (FDA) regarding the second registrational trial ESSENCE-2 for its late-stage therapy, CyclASol, for dry eye syndrome (DES). This is a positive development for the DES market, particularly due to its favorable tolerability profile, according to GlobalData, a leading data and analytics company. ESSENCE-2 […]
AstraZeneca’s Breztri will overcome late entry to COPD market
Following the news that the Food and Drug Administration granted AstraZeneca’s Breztri approval in the US for chronic obstructive pulmonary disease (COPD); Angad Lotay, MPharm, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “Despite its late market entry, GlobalData believes AstraZeneca will still catapult ahead, not only in COPD patients, but eventually […]
MICE tourism may never fully recover from COVID-19 as international business arrivals set to fall by 35.3% in 2020
Meetings, incentives, conferencing and exhibitions (MICE) tourism was one of the first types of tourism to be impacted by the global spread of COVID-19 and it could be one of the last to fully return as international business arrivals are projected to fall by 35.3% in 2020, according to GlobalData, a leading data and analytics […]
Incyte’s Jakafi poised to become leader in rapidly growing GvHD market
Following today’s news (Thursday 23 July) that Incyte’s Jakafi (ruxolitinib) met its primary endpoint in its Phase III REACH-3 chronic graft-versus-host-disease (GvHD) study; James Mather, MChem, Managing Immunology & Respiratory Analyst at GlobalData, a leading data and analytics company, offers his view: “In the top-line results announced by Incyte, Jakafi demonstrated a superior overall response […]
South Africa among the countries most heavily affected by COVID-19
Based on the current trajectory of COVID-19 daily confirmed cases, South Africa is among the most heavily affected countries in the world, with a forecast of 500,000 total confirmed cases in the next two weeks. Given that it is one of the most developed countries in Africa, its struggle to control the surge of new cases […]