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Following the news that Abbott began its LIFE-BTK clinical trial to assess the safety and effectiveness of its new Esprit BTK Everolimus Eluting Stent; Sheryl Tang, Medical Devices Analyst at GlobalData, a leading data and analytics company, comments: “The Esprit BTK stent addresses many of the drawbacks of the current treatment devices on the market. […]
Electric drive tech is working through to heavy commercial vehicles, says GlobalData
Following the news that electric commercial vehicle start-up Volta has shown its new a purpose built electric distribution and DAF has extended the range on its CF Electric; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “We’re certainly seeing growth of interest in electric powertrain solutions for commercial […]
Successful IPL could help rebuild confidence in UAE tourism, says GlobalData
Major sporting events have had to be cancelled or rescheduled due to COVID-19 – one of which was the The Indian Premier League (IPL) that was rescheduled to September. However, it didn’t just change date but also changed location, with the venue moving from India to the United Arab Emirates (UAE). The change puts a […]
NHS soup-and-shake diet could lead to reduction in type 2 diabetes and obesity in UK by improving disease management, says GlobalData
Following the news that Type 2 diabetes sufferers in the UK were put on a soup and shake diet by the NHS; Akash Patel, Cardiovascular & Metabolic Disorders Analyst at GlobalData, offers their view: “Plans like the NHS’ soup-and-shake diet will help the ~1.9 million people in the UK that are estimated by GlobalData to […]
Amazon’s FAA designation a win but company still has hurdles to jump until drone delivery a reality, says GlobalData
The FAA’s designation of Amazon Prime Air as an ‘air carrier’ is the latest development in the company’s seven-year drones saga. It paves the way for the company to start drone deliveries within the US and is a major step towards Amazon’s dream of using drones to deliver to customers within 30 minutes of an […]
AbbVie’s Rinvoq a strong new contender in AS but may struggle due to high competition, says GlobalData
If AbbVie is successful with its FDA application submission for JAK inhibitor Rinvoq in adult patients with ankylosing spondylitis (AS), the drug is expected to greatly increase its patient pool – accumulating 2028 sales of $113m in AS across the seven major markets (7MM*) – but may have a tough time to gain ground in […]
Beauty brands should invest in smart packaging solutions to counter rise in counterfeit products on e-commerce and s-commerce
With the online channel forecast to account for 15.3% of UK health & beauty spend by 2024, there needs to be renewed interest in protecting consumers who are shopping for these products online. This is the perfect opportunity for beauty brands to invest in smart packaging solutions that implement technologies such as blockchain or data […]
67% of healthcare experts plan to use decentralized clinical trials in the near future due to COVID-19, says GlobalData
Healthcare experts have noted that their number one primary concern amid the COVID-19 pandemic was the delay to initiation or inability to conduct clinical trials, according to a recent survey by GlobalData*. This is not a surprise, as the data and analytics company notes that at peak over 1,200 clinical trials experienced some level of […]
As schools open, COVID may spread amongst children, says GlobalData
Following the news that some schools are beginning to reopen their in-person classes in the US; James Spencer, Data Scientist at GlobalData, a leading data and analytics company, offers his view on the current approach to reopening America’s schools: “Millions of schoolchildren around the US may soon be exposed to COVID-19 as schools open up. […]
Medtronic’s performance indicates strong growth of CGM market, says GlobalData
Following the announcement that Medtronic’s last quarter continuous glucose monitors (CGM) business kept growing positively while its overall diabetes segments saw a decline of 5.1%; Tina Deng, MSc, Senior Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “The results from Medtronic are not surprising as major CGM players enjoyed […]
Just Eat moving staff full-time a blow to nascent gig economy sector, says GlobalData
Just Eat’s decision to classify staff as full-time employees will see a reduction in the gig economy space in the UK. While insurtechs that have typically capitalized on this sector may be provided with a rare opportunity to follow employees over, and offer benefits packages to what are now full-time staff, this once-growing insurance sub-market […]
Government reimbursement for dialysis patients on AstraZeneca/FibroGen’s roxadustat faces fiscal challenges, says GlobalData
Reimbursement for dialysis patients on AstraZeneca’s/FibroGen’s roxadustat needs to be untangled such that it can be billed separately and be accompanied by hikes in eventual payment bundles, as reported by Manasi Vaidya, Pharma Writer for the Investigative News team at GlobalData, a leading data and analytics company. Vaidya comments: “Clarity on how the US Centers […]
Despite slowing consumer spending, 24 of the top 25 publicly traded global retailers saw YoY revenue growth in 2019, shows a study from GlobalData
Fiscal 2019 appeared to be quite fruitful year as all but one of the top 25 global publicly traded global retailers reported YoY revenue growth – with seven seeing double-digit growth, reveals GlobalData. The data and analytics firm analyzed the year-on-year (YoY) change and compound annual growth rate (CAGR) of the publicly traded retailers in […]
EUA for convalescent plasma likely being used as political spin and more robust data is required, says GlobalData
Following the news that the FDA granted an EUA for convalescent plasma as a treatment option for COVID-19; Angad Lotay MPharm, Infectious Diseases Analyst at GlobalData, offers his view: “Granting convalescent plasma an EUA was a critical decision in which the public should be able to have confidence. However, the data was presented during a […]
Amazon speeds ahead of e-commerce competitors in ranking of top 25 publicly trading retailers by MCap in Q2 2020 with a 41.8% QoQ rise, says GlobalData
Amazon saw a huge rise in market capitalization (MCap) in H1 this year as customers flocked to online platforms amid lockdowns. Having now reached the US$1 trillion mark – and seeing a whopping 41.8% rise in Q2, when compared with Q1 – the e-commerce company is powering ahead of competitors globally, with over 125% lead […]
Gilead, AstraZeneca and Pfizer likely to emerge as winners of COVID-19 therapeutics and vaccine development race, says GlobalData
More than 1,200 therapeutics and vaccines have entered the research and development (R&D) pipeline since January 2020, according to GlobalData, a leading data and analytics company, and that number grows every week. According to GlobalData’s Clinical and Commercial Analyzer tool, which rates the most promising and high-profile assets on a range of clinical and commercial […]
Phase II results show promise for soticlestat in Dravet Syndrome, says GlobalData
Following the news that Takeda and Ovid’s epilepsy drug soticlestat achieved positive Phase II trial results in children with hard-to-treat epilepsy syndromes; Philippa Salter, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “While the trial ELEKTRA as a whole met its primary endpoint, demonstrating a reduction in seizure frequency, soticlestat […]
38% of healthcare participants see promise in mRNA vaccines, says GlobalData
In a recent GlobalData poll* 38% felt that mRNA COVID-19 vaccines are the most promising of the vaccine technologies, noticeably beating DNA vaccines, which only accounted for 9%. While mRNA may currently be leading the way, other vaccine candidates by Sanofi/GSK and AstraZeneca are soon catching up. Johanna Swanson, Product Manager at GlobalData, comments: “GSK […]
Delaying digital hospital-to-pharmacy referral scheme will continue to stretch the NHS, says GlobalData
The digital hospital-to-pharmacy referral scheme is taking time to materialize despite the significant benefits it would provide to the UK. With adverse drug events being one of the most common post-discharge complications in the country, the initiative would be a further step ahead in solving healthcare capacity constraints and help the UK meet WHOs target to […]
US retailers’ sentiments recover due to stellar digital gains, says GlobalData
Sentiments rise seen for Walmart, The Home Depot, Target and Kohl’s on the back of digital sales boom, says GlobalData, a leading data, and analytics company. Walmart shrugged off any COVID-19 concerns as the retailing giant’s US comparable sales growth drove a sentimental upswing of over 23%. Meanwhile, The Home Depot’s sentiments grew by over […]