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Becoming a global leader in life sciences has long been an ambition of Prime Minister Boris Johnson. The reasons behind his belief that this is possible include the vast amount of NHS clinical data, the sheer genetic diversity of the country and the academic powerhouses located both in and around the nation’s capital. Whilst the […]
Nanotechnology being used by researchers in fight against COVID-19
With the accelerating global burden from the COVID-19 pandemic, researchers are rapidly searching for a viable vaccine or therapeutic to combat the global public health emergency. One of the approaches being investigated is the use of nanotechnology, says GlobalData, a leading data and analytics company. An international collaboration has developed a nanotechnology approach to halting […]
Air Arabia and Etihad risking the success of joint venture low-cost airline
Following the announcement that Air Arabia and Etihad will not delay the launch of the joint venture low-cost carrier in Q2 2020; Amber Barnes, Travel and Tourism Analyst at GlobalData, a leading data and analytics company, offers her view: “Not delaying the launch could be setting the low-cost airline up for failure from the onset. In the short term the airline may prove to be an economic challenge due to current low demand that is seeing many airlines grounding fleets and seeking government help. “The future is extremely uncertain as the lengths of all travel restrictions […]
Manufacturing companies repurpose facilities to combat COVID-19
In the wake of the COVID-19 pandemic, manufacturing companies from across the globe are adapting their production plans in an effort to combat the virus, says GlobalData, a leading data and analytics company. Steps taken involve repurposing production and R&D capabilities. For instance, luxury brands such as LVMH are switching production lines from producing perfume […]
COVID-19 disruption to drive usage-based, on-demand insurance policies
Insurers will be hit amid the COVID-19 epidemic as customers look to reduce outgoings, but savvy players can retain or gain customers by embracing usage-based, on-demand insurance, says GlobalData, a leading data and analytics company. Yasha Kuruvilla, Insurance Analyst at GlobalData, comments: “Young adults are one of the most vulnerable groups as they typically have low levels of job security, lower salaries and fewer […]
Global age-related macular degeneration market will more than double in size by 2028
The pharmaceutical market for age-related macular degeneration (AMD) was worth an estimated $8.6bn across the nine major markets (9MM*) in 2018. This is expected to grow to $18.7bn in 2028 at a modest compound annual growth rate (CAGR) of 8.1%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Age-Related Macular Degeneration: Global Drug Forecast and Market Analysis to 2028’, explains that growth in the market will be driven by the entry of longer-acting anti-angiogenic therapies and the launch […]
Top ten M&A legal advisers in North America for coronavirus-hit Q1 2020
GlobalData has revealed the latest mergers and acquisitions (M&A) league table of the top ten legal advisers in North America by value and volume for the coronavirus-hit Q1 2020, which witnessed decline in overall deal activity in the region. Skadden Arps Slate Meagher & Flom leads by value Skadden Arps Slate Meagher & Flom has dominated the M&A legal advisers league table based on deal value in the first quarter of 2020, according to GlobalData, a leading data and analytics […]
Top ten M&A financial advisers in North America for coronavirus-hit Q1 2020 according to GlobalData
GlobalData has revealed the latest mergers and acquisitions (M&A) league table of the top ten financial advisers in North America by value and volume for the coronavirus-hit Q1 2020, which witnessed decline in overall deal activity in the region. Goldman Sachs leads by value and volume Goldman Sachs has secured the top position in the latest mergers and acquisitions (M&A) league table of the top ten financial advisers in North America based on deal value and volume for the first quarter of 2020, according to GlobalData, a leading data […]
BillionToOne’s Sanger sequencing test is great tool in US’ arsenal against COVID-19 but may not scale well
Following the announcement of a COVID-19 test using Sanger sequencing developed by BillionToOne, a precision diagnostics company; Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “BillionToOne’s protocol for a new kind of COVID-19 test takes advantage of a whole different set of instruments, Sanger Sequencers, and chemicals from any existing COVID-19 test currently on the market. The US is in desperate need to increase their testing capacity to effectively […]
3D printing playing vital role in fight against COVID-19
The 3D-printing industry is at the forefront of the manufacturing effort against COVID-19, says GlobalData, a leading data and analytics company. 3D-printing companies around the world, from start-ups to industrial giants, are creating urgently-needed parts, including face masks, hands-free door openers and valves for ventilators. They are even making 3D-printed micro-homes for quarantined coronavirus patients in China. The manufacturing effort by the 3D printing industry has resulted in GlobalData awarding […]
Tech rivals collaborate on blockchain to combat COVID-19
In response to COVID-19, technology companies have ramped up collaborations on innovative technologies such as blockchain, says GlobalData, a leading data and analytics company. Charlotte Dunlap, Principal Analyst at GlobalData, comments: “The industry can no longer afford to wait several years for new market segments such as blockchain to take off.” The dire nature of […]
COVID-19 causes decline of 0.24GW in UK’s estimated annual installed capacity for 2020
The UK’s annual wind installation market has so far been negatively impacted by the COVID-19 pandemic and this is expected to continue throughout 2020. The total annual installations for wind power was 2.47 gigawatt (GW) in 2019 and pre-COVID-19, annual installations were estimated to be 1.22GW in 2020. However, annual installations could now stand at 980 megawatt (MW) for 2020, says GlobalData, a leading data and analytics company. Major companies in the sector such as Siemens Gamesa Renewable Energy (SGRE) […]
Healthcare sector witnesses decline in deal activity during the week ended April 12
The number of deals announced in the global healthcare sector (including pharmaceuticals and medical equipment) declined by 28% during the week ended April 12, 2020 compared to the previous week, according to GlobalData’s deals database. Aurojyoti Bose, Analyst at GlobalData, comments: “The decline was subsequent to two consecutive weeks of growth in deal activity. Deal activity in the healthcare sector has remained inconsistent due to uncertainty and volatile market conditions since the coronavirus outbreak.” Deal activity declined in the key markets such as the US and China during the week ended April 12. The announcement of venture financing, partnership, licensing agreement and merger and […]
Nike’s sentimental slump due to transitions and China store closures
Transitions in South America coupled with store closures in China drove a decline in Nike’s margins and sentiments, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform found that Nike’s overall sentiment score declined by 9.4% in Q4 2019 (ending February 29, 2020) compared to Q3 2019 (ending November 30, 2019). Despite reporting a good quarterly revenue growth, Nike’s sentiments were affected due to the impact on its net […]
Global deal activity plummets during the week ended April 12
A total of 899 deals were announced globally during the week ended April 12 2020, which is a decrease of 17.2% over 1,086 deals announced during the previous week, according to GlobalData’s deals database. The deal volume also remained below the Q1 2020 and March 2020 weekly average levels. Since the coronavirus outbreak, global deal […]
UK insurers must engage with investment clients about full impact of COVID-19
The COVID-19 pandemic has shocked financial markets around the world and survey data from GlobalData, a leading data and analytics company, reveals that personal pension holders may be unaware of the scale of the damage already caused. GlobalData’s 2019 UK Life & Pensions Survey indicates that a staggering 30% of UK respondents with a SIPP (self-investment personal pension) do not know what investments are included within their portfolio. Findings from GlobalData’s […]
Office lacks appeal as COVID-19 hits footwear spend
Footwear retailer Office has reportedly been put up for sale by its owner Truworths International. Sofie Willmott, Lead Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “Despite its broad range of desirable casual trainer brands, Office has been outshone by both multichannel and online rivals in the form of JD Sports and ASOS, with […]
Protease inhibitors could benefit from being trialled with milder cases of COVID-19
AbbVie was one of the first companies to donate its combination of HIV protease inhibitors Aluvia (lopinavir/ritonavir), also known as Kaletra, to help China treat patients with severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). However, more recent investigations show that treatment with lopinavir-ritonavir does not actually provide a substantial benefit beyond standard care*, says GlobalData, a leading data and analytics company. Angad Lotay, MPharm, Infectious Diseases Analyst at GlobalData, […]
COVID-19 will change consumers’ online shopping behaviour
Retailers across the world have adapted their delivery and returns propositions to ensure customer and staff safety during the COVID-19 crisis, and these changes will transform consumer expectations of online delivery and returns, says GlobalData, a leading data and analytics company. The company’s latest report, COVID-19 impact on delivery and returns, reveals that contactless delivery was […]
Consumer electronics production and shipping is vital, says GlobalData
When COVID-19 broke out in China, the country was quick to slow down its production, eventually ceasing all manufacturing as the country went into lockdown. This had a drastic effect on supply chains across the world, as many industries, including the consumer electronic sector, are heavily reliant on components that are manufactured in China and could no longer access these […]