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Czechia is experiencing a spike in daily confirmed cases of COVID-19, indicating the onset of a second wave. However, despite the increase in new cases, the case fatality rate has continued to decrease as a result of higher testing capacity, social distancing and health services adaptation compared to the beginning of the outbreak, says GlobalData, […]
France’s testing positivity rate increase indicates COVID-19 resurgence, says GlobalData
The daily confirmed cases of COVID-19 in France is increasing, which could indicate that the country is experiencing a second wave of COVID-19. The spike in cases, which began in August, seem to have coincided with the summer holiday and tourist season, says GlobalData, a leading data and analytics company. Bishal Bhandari, PhD, Senior Epidemiologist […]
The Americas were second riskiest region in Q2 2020, says GlobalData
The overall risk of the Americas region was recorded at 51.5 out of 100 in Q2 2020, according to the Global Country Risk Index (GCRI) created by GlobalData, a leading data and analytics company. Calculated from the analysis of 52 indicators that affect the levels of risk a country face, the GCRI shows that global […]
Major recessionary economies expected to grow at a modest pace in 2021, says GlobalData
As major economies are pushed into recession due to the impact of the COVID-19 pandemic, the global economy is forecasted to contract by 3.9% in 2020, according to GlobalData, a leading data and analytics company. However, if countries continue to gradually lift lockdowns and ease social distancing measures, the global economy is projected to recover […]
Pfizer’s investment in China’s CStone Pharmaceuticals sets stage for first second-generation PD-L1 inhibitor, says GlobalData
Pfizer’s recent investment of $200m in China’s CStone Pharmaceuticals for the development of a second-generation immuno-oncology agent is the latest partnership between US and Chinese companies being utilized as a strategy to develop best-in-class agents to rival the first-in class advantages of currently marketed agents. As a result, there is a clear trend of partnerships […]
SMEs concerned about loss of business due to CVOID-19 need pandemic cover, says GlobalData
Over half of SMEs in the UK are very or extremely concerned about losing business due to COVID-19, according to a survey by GlobalData, a leading data and analytics company. This suggests that commercial insurance is set to stall as businesses struggle, unless it can offer products to reduce those fears. According to GlobalData’s 2020 […]
US Navy’s new force structure set to boost the global maritime unmanned vehicle market, says GlobalData
Following the recent news that the Pentagon wants the Navy to have more than 500 ships by 2045; Captain (Rtrd) Nurettin Sevi, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “The US Government is hoping that implementing a modern and distributed force structure to the US […]
Newly proposed lung cancer screening guidelines will likely drive increase in new cases to over 240,000 by 2025, says GlobalData
Should the latest guidelines proposal by the US Preventive Services Task Force (USPSTF) for the screening of lung cancer take effect, GlobalData epidemiologists predict that the diagnosed incidence of the two main types of lung cancer* will likely surpass the current 2025 estimates of approximately 75 cases per 100,000 population and 13 cases per 100,000 […]
Banks should allow branch design teams to experiment to develop a proposition that attracts young customers, says GlobalData
Banks have previously been too conservative in sticking to their core brand image, but innovative design can be key to attracting younger customers in a post-pandemic world, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Forming an Early Connection: Insight into Children’s Banking’, shows that breaking away from traditional branding can yield […]
Asda’s drive-through flu jab service will build brand loyalty as COVID-19 cases soar, says GlobalData
Following today’s news (Thursday 8th October) that Asda has launched a free NHS drive-through flu jab service for eligible people at 13 UK stores; Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Respiratory health is on everyone’s mind at the moment due to COVID-19, with GlobalData’s research suggesting […]
Construction activity in Latin America to contract more than any other region in 2020, says GlobalData
GlobalData lowered its 2020 construction output forecast for Latin America to -11.4% from -6.8% previously, mostly due to the slower than expected rebound in construction activity in the second half of the year as the coronavirus continues to spread across the region and construction companies are still struggling to revive their operations. Dariana Tani, Economist […]
Axovant still has a lot to prove despite positive data for PD gene therapy, says GlobalData
Following the news that Axovant announced positive six-month follow-up data from its Phase II trial of AXO-Lenti-PD for the treatment of Parkinson’s Disease (PD); Philippa Salter, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “Showcasing an improvement in the Unified PD Rating Scale (UPDRS) Part III ‘OFF’ score from baseline […]
COVID-19 clinical trial resumptions slow as cases rise again, says GlobalData
Clinical trials disrupted by COVID-19 are expected to resume at a much slower rate than originally anticipated, as more nations are re-enforcing lockdown due to a globally rising number of COVID-19 cases, says GlobalData, a leading data and analytics company. Priya Nair, Trials Intelligence Analyst at GlobalData, comments: “The general trend shows a gradual increase […]
SSA construction sector to sharply slide into recession as COVID-19’s impact on economic activity and investment growth deepens, says GlobalData
The construction output growth forecast for Sub-Saharan Africa (SSA) in 2020 has been cut down to -4.9% from previous forecast of 0.7%, according to GlobalData, a leading data and analytics company. The region is expected to enter a region-wide deep recession in 2020 as a result of the COVID-19 pandemic driven by several headwinds – […]
MENA construction sector faces severe slump in 2020 and slowest regional recovery expected in 2021, says GlobalData
The construction output growth forecast for the Middle East and North Africa (MENA) region for 2020 has been cut to -4.5% from the previous estimate of -2.4%, according to GlobalData, a leading data and analytics company. This reflects signs that the COVID-19 lockdowns and other restrictions had a more severe impact on construction activity than […]
Indian dose sites an untapped M&A opportunity for foreign CMOs, says GlobalData
There is an M&A opportunity for large contract manufacturing organizations (CMOs) in North America and Europe to acquire facilities able to produce medicines with lower operating expenses than in their own territories, says GlobalData, a leading data and analytics company. Adam Bradbury, PharmSource Analyst at GlobalData comments: “Only 3% of CMO Indian facilities that sell […]
Germany goes aggressive on renewables with the latest amendment of the EEG asking for highly optimistic annual RE additions, says Globaldata
The more rigid targets brought around by the latest revision to Germany’s renewable energy act (EEG) in June aims for the country to achieve 65%, instead of the originally targeted 50%, of its electricity consumption comes from renewable sources by 2030. Such stricter targets would mean that, during 2021-2030, the country’s solar photovoltaic (PV) and […]
McDonald’s expanded bakery line to appeal to 51% of brand-centric US consumers, says GlobalData
Following today’s news (Wednesday 7 October) that McDonald’s has released new bakery items for the first time in almost a decade; Carmen Bryan, Consumer Analyst at GlobalData, a leading market research company, offers her view: “In a survey by GlobalData, nearly half (43%*) of consumers plan to eat breakfast outside of the home less often […]
Post-COVID-19 consumers will remain anxious going forward, says GlobalData
The outlook of consumers around the world is improving, but significant concern remains that will depress consumer credit demand and risk appetite well into the post-pandemic recession, according to GlobalData. Andrew Haslip, Head of Wealth Management at GlobalData, comments: “GlobalData tracked consumers around the world during the main lockdown periods, and found that consumers’ view […]
AstraZeneca’s speedy trial restart splits experts, while Pfizer’s study primed for fast data readout but Moderna may edge it out on detail, says GlobalData
With the European Medicines Agency (EMA) announcing today that it will also initiate a rolling review of the COVID-19 vaccine developed by Pfizer and BioNTech besides just AstraZeneca’s asset; Reynald Castañeda, Pharma Writer for the Investigative News team at GlobalData, offers his view: “After interviewing ten experts, there is clearly a split in terms of […]