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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 […]
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 […]
Fast food brands should emulate KFC’s plant-based innovation, says GlobalData
KFC permanently added the plant-based Lightlife plant-based chicken sandwich to its menu in Canadian outlets after an extremely positive pilot scheme. Tasty ‘meatlike’ vegetarian options such as this will appeal to the growing global population of flexitarians, vegans and vegetarians, as well as consumers who want more sustainable options from their favourite fast food restaurants, […]
Trilaciclib’s regulatory advancement signals a significant moment for supportive cancer care, says GlobalData
Trilaciclib’s new drug application (NDA) acceptance signals a significant moment for cancer patients that need support with chemotherapy-induced toxicities – further highlighted by the fact that the therapy has been granted Breakthrough Therapy Designation by the US FDA. By being able to preserve bone marrow and immune system function, Trilaciclib’s mechanism of action (MoA) of […]
Hepatocellular carcinoma treatments are negatively impacted by COVID-19, says GlobalData
Hepatocellular carcinoma (HCC) treatment has been deferred due to overburdened healthcare systems as a result of the COVID-19 pandemic. Leading data and analytics company GlobalData has also found that, within HCC, the pandemic has caused a delay to 16 clinical trials across Phase I to III, with the most notable being the Phase II/III TACE-3 […]
UK cosmetics and toiletries industry to decline by -10% in 2020* as 43% of UK consumers plan to socialize outside of home less, says GlobalData
Cosmetics and toiletries are losing out in the COVID-19-driven decision between what is essential and what is dispensable, particularly as almost half (**43%) of UK consumers plan to socialize outside of the home less frequently in future. This will contribute to the forecasted -10% (£1.7bn*) value decline in the UK cosmetics and toiletries industry in […]
Australia to see fastest energy transition in the world due to sizeable renewable project pipeline and 94% renewables generation target by 2040, says GlobalData
Australia is headed towards achieving the fastest energy transition to renewable sources in the world despite challenges such as bushfires and a halt in construction activities due to COVID-19. The country’s declining cost of distributed energy resources, variable energy, and the willingness to provide cheap electricity to its consumers will be strong underlying catalysts for […]
Apple’s US$2 trillion valuation a combination of subscription success, loyal customers and investor confidence, says GlobalData
Apple recently became the first US publicly listed company to hit the US$2 trillion market cap (MCap) mark. The iPhone maker’s pandemic-defying performance can be attributed to the success of its subscription services, a loyal customer-base worldwide that continued buying its products and services from online platforms – even when many of the flagship Apple […]
Convalescent plasma EUA an important step towards COVID-19 treatment, says GlobalData
Following news that the United States Health and Human Services (HHS) received emergency use authorisation (EUA) from the Food and Drug Administration (FDA) for treating COVID-19 patients using convalescent plasma; Brian Hicks, Medical Analyst at GlobalData, a leading data and analytics company, offers his view: “This authorization comes at a time when currently existing COVID-19 […]
AstraZeneca’s COVID-19 vaccine data may fall short of desirable protection results, says GlobalData
In light of AstraZeneca’s denial that is it speaking to the FDA to push an emergency use authorisation for its COVID-19 vaccine, AZD1222; Reynald Castañeda, Pharma Writer for the Investigative News team at GlobalData, offers his view: “There is intense skepticism surrounding upcoming data releases from the early stage AstraZeneca trial of its vaccine, as […]
27% of healthcare experts believe it will take more than a year for COVID-19 disrupted clinical trial activity to return to normal, says GlobalData
In a recent GlobalData poll*, healthcare experts estimated that it would take some time for the clinical trials that were disrupted due to COVID-19 to return to normal. Out of 731 respondents, 27% suggested that it could take more than 12 months, while 23% said it would take four to six months. Priya Nair, Trials […]
FAANG shrugs off COVID-19 impact as sentiments rebound, says GlobalData
FAANG’s Q2 2020 sentiment score grew by over 15%, with Facebook topping the group with over 30% rise followed by Google with 28%, says GlobalData, a leading data and analytics company. FAANG companies are well-positioned to continue their exemplary performance. However, Apple commented on possible iPhone supply chain disruptions in fall 2020, while the anti-trust […]
US telemedicine mobile app downloads see dramatic increases during the COVID-19 pandemic, with some seeing 8,270% rise YoY, says GlobalData
Telemedicine looks to be here to stay as leading companies in this space have reported dramatic increases in demand for their services in the US since the COVID-19 pandemic began, according to GlobalData, a leading data and analytics company. Some of the biggest benefiters have been the Synzi Virtual Care app for physicians, which saw […]
RapidAI software could accelerate growth of thrombectomy procedures following FDA approval, says GlobalData
RapidAI recently received FDA clearance for its large vessel occlusion (LVO) detection software, which is claimed to identify suspected LVOs in as few as three minutes. Data and analytics company GlobalData expects that this software has the potential to rapidly increase the patient pool of LVO patients to above 15%, in turn increasing market opportunity […]
Croatia adopts auctions to drive renewable growth in power mix, with solar PV to represent 50% of tendered capacity, says GlobalData
The Croatian Government introduced a provision to assign 2.26GW of renewable energy capacity under an auction scheme, which includes technologies such as hydropower, wind, solar PV, biopower and geothermal energy. GlobalData predicts that auctions such as these will help develop the Croatian renewable sector and support the country towards its target of producing 36.4% of […]
‘Eat Out to Help Out’ marred by confusion and lack of consideration for lower-income consumers, says GlobalData
In a survey by GlobalData, 55% of workers whose financial situation has been affected by COVID-19 said they would need to cut back on the amount they eat out at restaurants*. These consumers may have been enticed by the ‘Eat Out to Help Out’ scheme but instead were treated to confusion and disappointment due to […]
Major technology companies came under bottom-line pressure in 2019, according to study by GlobalData
Strong demand for cloud computing solutions and a significant uptick of online advertisement revenue helped cloud and internet-based solutions providers such as Amazon, Apple, Samsung Electronics, Hon Hai Precision, Alphabet and Microsoft to lead GlobalData’s list of top 25 publicly-traded global technology companies by revenue in 2019. Of the top 25, 19 companies reported year-on-year […]
Coca-Cola’s social media spending freeze ill-advised, it should instead convince customers to buy through this channel, says GlobalData
Consumers will be purchasing more groceries online during and following COVID-19, and they will be spending more time on social media. Instead of cutting its marketing budget, Coca-Cola should convince those consumers to buy its products through social media channels as social media is an important tool to utilize during the pandemic, says GlobalData, a […]
Spain’s spike in COVID-19 cases came after reopening too soon, says GlobalData
COVID-19 cases began increasing in Spain from July, which, while could be partially down to an increase in COVID-19 testing, does coincide with the holiday season, says GlobalData, a leading data and analytics company. Bishal Bhandari, PhD, Senior Epidemiologist at GlobalData, comments: “Spain’s reliance on summer holiday tourism meant that the country deemed that nation-wide […]
Aimmune’s Palforzia adoption in peanut allergy treatment hit by COVID-19, says GlobalData
Aimmune’s Palforzia (peanut allergy powder) has seen a slower uptake due to a knock-on effect of the COVID-19 pandemic. Uptake of new drugs such as Palforzia will likely be slower than initially expected due to pandemic-related logistical challenges since patients and staff need to now follow social distancing guidelines, as reported by Manasi Vaidya, Pharma […]