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While there has been a recent increase in daily confirmed cases in Europe, coinciding with the start of the autumn and winter weather, there is not yet enough evidence to suggest that COVID-19 will become a seasonal virus, says GlobalData, a leading data and analytics company. Bishal Bhandari at GlobalData comments: “COVID-19 cases have started to […]
Armed with new efficacy and safety data, tenapanor offers opportunity to address two long-standing unmet needs
Ardelyx and Kyowa’s tenapanor therapy for hyperphosphatemia (HP) in chronic kidney disease (CKD) patients who are on dialysis is likely to gain a front-line position in the CKD-HP market due both to its novel mechanism of action (MoA) and its opportunity to address low patient compliance for those on HP monotherapy and the need for […]
Global M&A activity started showcasing improvement as Q3 approached the end
The COVID-19 outbreak has affected global mergers and acquisition (M&A) deal activity during the third quarter (Q3) of 2020. However, the M&A deal landscape showcased improvement in September, according to GlobalData, a leading data and analytics company. The number of announced M&A deals decreased from 2,593 in July 2020 to 2,356 in August before increasing […]
Pfizer and BioNTech’s final Phase III COVID-19 vaccine analysis could decrease by 10 points from interim 90% data; vaccine could require testing to screen prior infection but rationale still theoretical
With Pfizer and BioNTech announcing that a Phase III trial investigating the BNT162b2 vaccine to be 90% effective in preventing symptomatic COVID-19 in participants without evidence of prior infection; Reynald Castañeda, Pharma Writer for the Investigative News team at GlobalData, offers his view: “The final Phase III efficacy analysis of Pfizer/BioNTech’s COVID-19 vaccine BNT162b2 […]
Hyundai bets big on SUVs for North America
Following the news that the Hyundai plans to launch twelve new SUVs for the North American market by 2021; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The launch of new models by 2021 is anticipated to attract further major volume sales for Hyundai in […]
Pharma was forced to shuffle technology investment priorities due to COVID-19
COVID-19 has been a wake-up call for pharma companies to rethink their operations and customer access. Embracing digital transformation will have an important role to play in ensuring that the industry overcomes existing and long-term business challenges, seizes opportunities and continues to thrive in challenging business landscape, says GlobalData, a leading data and analytics company. […]
Biden presidency to ease region’s China dilemma
Following the news that the US Democratic Party candidate Joe Biden looks to have won the 2020 US Presidential Election after a tight race against Republican incumbent Donald Trump; Colin Foreman, Deputy Editor at MEED, part of GlobalData, offers his view: “The election of Joe Biden as the next US president could result in a softening […]
Biden win could test oil markets
Following the recent news that the US Democratic Party candidate, Joe Biden, looks to have won the 2020 US Presidential Election after a tight race against Republican incumbent, Donald Trump; Indrajit Sen, Oil & Gas Editor at MEED, part of GlobalData, offers their view: “Joe Biden’s stated intention to lift sanctions on Iran could mar efforts […]
Demand from packaging and healthcare segments to help polyolefins market stay afloat amid COVID-19
The global polyolefins market is expected to decline in 2020 due to weaker end-market demand from applications such as construction, automotive and industrial. However, the pandemic-driven feeble demand is partially offset by strong and increased demand from sectors such as packaging, fast-moving consumer goods (FMCG), and healthcare, says GlobalData, a leading data and analytics company. When asked about the weak market demand for polyolefins, David […]
Current global contract manufacturing will not keep up with global COVID-19 vaccine demand
A significant proportion of vaccine developers are smaller companies that lack the capacity and funds to manufacture their vaccines in-house. However, there is also simply not enough contract manufacturing capacity worldwide to cope with commercial COVID-19 vaccine demand, says GlobalData, a leading data and analytics company. Adam Bradbury, PharmSource Analyst at GlobalData, comments: “According to GlobalData’s Service Provider Database, there are 195 contract facilities at 123 companies offering vaccine active pharmaceutical ingredient (API) manufacture. It is difficult to […]
While Pfizer and BioNTech’s ‘90% efficacy’ data raises expectations for mRNA vaccines, it will take many more months for key questions to be answered
Following the news that Pfizer and BioNTech have announced their COVID-19 vaccine is more than 90% effective in first interim data readout; Philipp Rosenbaum, PhD, Senior Infectious Diseases Analyst at GlobalData, a leading data and analytics company, offers his view: “Experts initially assumed that first iterations of a COVID-19 vaccine would show efficacies not much better than common seasonal influenza vaccines, which are usually only 40–60% effective. At a reported 90%, Pfizer and BioNTech’s […]
EU Horizon 2020 research and innovation program invested almost €6M ($7.1M) for COVID-19
In response to the COVID-19 pandemic, Horizon 2020 (H2020), the EU’s biggest research and innovation program, invested almost €6M ($7.1M) for COVID-19 related research and drug development in April 2020. This demonstrates how granting agencies have reacted quickly to prioritizing COVID-19 research, says GlobalData, a leading data and analytics company. Keshalini Sabaratnam, Pharma Analyst at GlobalData, comments: “All […]
Rapid adoption of AI could cause problems due to biased data
The COVID-19 pandemic has caused rapid adoption, integration and development of artificial intelligence (AI) and machine learning (ML) into the healthcare industry. AI is being widely used for early detection of COVID-19 and contact tracing, as well as helps support the the development and research of vaccines. According to data and analytics company GlobalData forecasts, […]
Industry experts believe Medicare for all is best healthcare plan outcome of US elections
The US currently makes up 38.4% of the global medical device market, according to leading data and analytivs company GlobalData – signifying that adopting Medicare for all will therefore cause a major shift in the industry. When asked ‘What is the best healthcare plan outcome of the US presidential election in November?’, 25% of respondents […]
Disappointing SOLIDARITY interim results for COVID-19 star remdesivir likely due to trial differences and not drug itself
One of the surprising notes around the interim results of the Phase II/III SOLIDARITY trial for COVID-19 is that remdesivir showed little to no effect. Having shown positive results in previous trials, and being the only drug candidate within the trial to be approved for treatment, it would be expected to show a much stronger […]
NYC experiencing second rise in COVID-19
New York City has reported a significant rise in the number of COVID-19 cases for the first time since mid-June, prompting fears of a resurgence of the disease in the area in the last two weeks, and there has been an average of more than 1,300 daily new cases for the last 13 days in […]
Lack of skills and talents poses the biggest challenge to digital transformation in pharmaceutical industry
COVID-19 is set to be a major catalyst for the pharmaceutical industry. The rush to adapt to new social distancing and lockdown norms has led to a hurried digital transformation, leaving many organizations struggling to bridge the digital skills gap, says GlobalData, a leading data and analytics company. GlobalData’s latest report, Digital Transformation and Emerging Technology […]
COVID-19 is driving more supplier redundancy
Contract development and manufacturing organizations (CDMOs) are busier than ever, and their work will increase as the pandemic prompts pharma companies to increase redundancy in the supply chain, says GlobalData, a leading data and analytics company. Peter Shapiro, PharmSource Senior Director of Drugs and Business Fundamentals at GlobalData, comments: “Pharma companies may try to reduce […]
FDA likely to approve Biogen’s Aducanumab after its review
Following the release of FDA documents today noting support for the safety and efficacy of Biogen’s treatment for Alzheimer’s Disease (AD), aducanumab, it is looking very likely that the drug will become the first new AD therapy to be approved in 17 years. If it is approved, the drug could be in the market by […]
Morgan Stanley and Evercore were top M&A financial advisers by value and volume in oil and gas sector for Q1-Q3 2020
Morgan Stanley and Evercore have emerged as the top mergers and acquisitions (M&A) financial advisers in the oil and gas sector for Q1-Q3 2020 by value and volume, respectively. A total of 1,115 M&A deals were announced in oil and gas sector during the period, according to GlobalData, a leading data and analytics company. According to GlobalData’s M&A report, ‘Global and Oil & Gas M&A Report Financial Adviser League Tables Q1-Q3 2020’, […]