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Rebecca Panks

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Electronic quarantine tags another necessary evil that will discourage travel plans, says GlobalData

The electronic quarantine tag recently introduced in Singapore has the potential to rattle the number of international departures from the country, which reached 16.8 million in 2019, as it is yet another aspect that will elevate consumer angst and postpone recovery for neighboring Asian destinations, according to GlobalData, a leading data and analytics company. Johanna […]
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July auto sales in Turkey impressive but sustainability remains a question, says GlobalData

Following the news that automotive sales in Turkey grew by 387.5% year-on-year in July 2020, according to Automotive Distributors Association Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “The surge in sales is impressive but not unbelievable in light of Turkey’s effective response to the COVID-19 […]
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17 of 20 top pharmaceutical companies be revenue reported YoY growth in 2019, says GlobalData

As another great year for the innovation bio/pharma industry, 2019 saw 17 of the top 20 mega cap players reporting YoY revenue growth, according to GlobalData, a leading data and analytics company. Madeleine Roche, Associate Pharma Analyst at GlobalData commented, “One winner was Takeda, which saw more than 50% YoY revenue growth. The company’s significant […]
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COVID-19 delays Virginia-class submarines and incurs charges, says GlobalData

Following today’s release of Huntington Ingalls Q2 results; Harry Boneham, Associate Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers his view on the company’s situation: “The effects of the COVID-19 pandemic are starting to bleed into Huntington Ingalls’ major defense programs, specifically the Virginia-class submarine. The company has fared […]
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Expanding allowed procedures for ASCs will lead to strongly performing healthcare environment in pandemic-stricken world, says GlobalData

Following several proposed changes to the CMS’ reimbursement schemes, healthcare in America may be becoming more decentralized in the future. James Spencer, Data Scientist at GlobalData, a leading data and analytics company, offers his view on the current approach to reopening the US economy: “Slow consolidation of the US healthcare infrastructure has resulted in the […]
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Despite COVID-19, MHI focuses on mid to long term growth with faith in SpaceJet future, says GlobalData

Mitsubishi Heavy Industries (MHI) doesn’t appear to have lost faith in its SpaceJet program, despite the arm representing 96.4% of its reported losses for Q1. The company’s forward statement for the year suggests the company will ensure the M90 program has the support needed for its completion and commercial production. The changes in the market […]
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SC Remsima will need cost-effective pricing to further erode the shares of Remicade, says GlobalData

Following the news that the first subcutaneous (SC) formulation of Celltrion’s Remsima (infliximab-dyyb/CT-P13) was granted marketing authorization by the European Commission (EC) for all indications in adults for which the intravenous formulation is also approved*, GlobalData notes that, in order for Celltrion to further erode market share of its rival Remicade – and other anti-TNF […]
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Solar PV has potential to drive EU economy while competitive tariffs help sector grow in coming years, says GlobalData

The solar PV sector in Europe is anticipated to have a positive outlook post-COVID-19. Although distributed solar installations declined due to reduced manpower and supply chain delays, substantial impact on the sector resulting from cancellations is less likely. However, delays and postponements in utility-scale projects may well roll the commercialization of the impacted projects to […]
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Strategic adoption of cloud computing can alleviate oil and gas industry challenges, says GlobalData

Cloud computing allows oil and gas companies to scale their data management and storage, driving greater flexibility in infrastructure costs. The high computing power delivered via cloud platforms supports the adoption of other technologies such as the intelligent management of physical assets, which facilitates greater operational efficiency, says GlobalData, a leading data and analytics company. […]
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