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Rebecca Panks

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Number of US COVID-19 clinical trials surpasses China, says GlobalData

There are more than 1,039 COVID-19 potential drugs and 2,737 clinical trials for COVID-19 globally, with more than 430 of these being run in the US, despite the pandemic causing disruptions in clinical trials, says GlobalData, a leading data and analytics company. Johanna Swanson, Product Manager at GlobalData, comments: “The US has the highest number […]
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Chinese social media influencers provide a potentially lucrative sales channel for FMCG brands amid COVID-19, says GlobalData

The COVID-19 outbreak has forced fast-moving consumer goods (FMCG) brands to modify promotion strategies in a bid to maintain consumer interest and sales such as collaborating with social media influencers (‘Wanghong’). If done well, this relationship could be a lucrative sales channel for FMCG, since consumers tend to spend much more time on social media […]
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US’ proposed ITC extension to 2025 would mean more than 25% share of solar and wind, says GlobalData

The proposed Investment Tax Credit (ITC) extension is greatly welcomed by power industry associations and developers. Cost-effectiveness is better observed in these large-scale utility projects, as they achieve break-even faster – as the generation is bartered for the long term. Hence, GlobalData expects that rejection of the extension would greaty bruise the developers involved in […]
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US utilities rush to diversify from coal, as renewables and storage to become kingpins in greener transition, says GlobalData

The COVID-19 pandemic has led utilities to rush and shift their focus to obtain electricity from the more cost-effective renewable sources, expanding energy storage and EV infrastructure. GlobalData predicts that generation from coal-based plants would reduce at an accelerated rate as several utilities in the US are planning to remove coal from their portfolios as […]
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Daimler taking the right actions on cost, says GlobalData

Following the news that Daimler has reported a widening Q2 loss amid sharply slower sales caused by the impact of the COVID-19 pandemic; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Given the scale of the drop to sales this year, this set of results isn’t too bad […]
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Social media posts about increased risk of stroke with COVID-19 by cardiovascular influencers peaked in May, says GlobalData

Since COVID-19 was declared a pandemic in March 2020, social media posts related to COVID-19 from cardiovascular influencers increased significantly, with content peaking in April, says GlobalData, a leading data and analytics company. Using GlobalData’s Cardiovascular Influencer database, there were only eight and 36 COVID-19-related posts in January and February, respectively, which increased to over […]
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Solar to steer brisk EU transition from ‘grey’ to ‘green’ hydrogen economy as renewables gain preference during COVID-19 pandemic, says GlobalData

The EU has decided to target 33% of its installed capacity from renewable sources following the largest year-on-year (YOY) percentage growth in total installed capacity. Having set themselves stiff solar targets, key EU countries are looking at green hydrogen to boost their renewable drive, supported by the recently announced €1.85 trillion fiscal stimuli. However, while […]
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Social media posts about links between obesity, diet and COVID-19 by metabolic disorders influencers peaked in May, says GlobalData

Since COVID-19 was declared a pandemic in March 2020, social media posts related to the virus from metabolic disorders influencers increased significantly, with content peaking in April, says GlobalData, a leading data and analytics company. According to GlobalData’s Metabolic Disorders Influencer database, one of the main topics that metabolic disorders influencers discussed in April and […]
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COVID-19 has pushed infectious disease drugs to be top CSAs, says GlobalData

Infectious disease drugs have overtaken oncology as the year’s top therapy area for contract service agreements (CSAs) as companies are shifting their current focus to developing treatments to battle the COVID-19 pandemic. COVID-19 may also be disrupting other therapy areas by reducing service agreements for other non-COVID-19 drugs, as clinical trials are being disrupted by […]
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Solar PV short-term outlook to remain unchanged as industry expects stimulus measures in COVID-19 recovery packages, says GlobalData

COVID-19 has disrupted the global supply chain, making it difficult for solar PV developers to pursue project development activities, and impacted the annual installed solar capacity this year. However, the drop in solar PV Levelized cost of energy (LCOE) and power purchase agreements (PPA) over the years, combined with the limelight shifting to renewables during […]
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Baker McKenzie and Veirano Advogados were top legal advisers by value and volume in South & Central America in H1 2020, says GlobalData

Baker McKenzie and Veirano Advogados were noted to be the top mergers and acquisitions (M&A) legal advisers in South & Central America in the first half (H1) of 2020, based on deal value and volume, respectively. Baker McKenzie advised on six deals worth US$2.3bn, which was the highest among all the advisers. Meanwhile, Veirano Advogados […]
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Deals activity picks up in automotive sector, says GlobalData

There has been an uptick in the number of deals announced in the automotive sector globally in the quarter ended June 30 (422 versus 370 in the previous quarter), says GlobalData, a leading data and analytics company. David Leggett, Automotive Editor at GlobalData, comments: “This uptick may have coincided with the worst of the COVID-19 […]
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Halliburton turns to cloud-based analytics and digital technologies as oil struggles to rebound, says GlobalData

Following Halliburton’s Q2 2020 earning call, where the company fully commits to its strategy of improving innovative customer solutions through digital technology and concentrating on international markets entering Q3; Effuah Alleyne, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers her view: “Halliburton has been hardest hit in its North […]
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