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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 […]
Liquidia’s acquisition of RareGen to strengthen its position in PAH space, says GlobalData
Liquidia Technologies’ planned acquisition of RareGen in Q4 will be a significant opportunity for Liquidia to expand its rare diseases pipeline, bolster its pulmonary arterial hypertension (PAH) drug portfolio and establish the new company as a strong player in the space, according to GlobalData, a leading data and analytics company. Despite the availability of multiple […]
Tasso well-positioned for the future with at-home blood collection device, says GlobalData
Following the news that Tasso has raised $17m in funding to scale up manufacturing of its OnDemand line of at-home blood collection devices; Dominic Tong, Medical Device Analyst at GlobalData, a leading data and analytics company, offers his view: “Continued innovation in the medical device space is essential amid the ongoing surge in COVID-19 cases […]
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 […]
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 […]
Transmission license exemptions grant UK offshore wind farm generators time to complete ownership transfer, says GlobalData
With the onset of COVID-19, the UK Government proposed time-bound exemptions for wind project generators in tender rounds 5 and 6 of the Offshore Transmission Owner (OFTO) regime. GlobalData anticipates that the exemption is likely to provide the developers of the projects that were impacted by the virus valuable time to execute the transfer process. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Third of US consumers will reduce frequency of travel in ‘new normal’, says GlobalData
A third (32%) of US respondents have stated that they will reduce domestic and international travel, while almost half (48%) revealed that they will also now dine at home, instead of in restaurants, according to a survey* by GlobalData, a leading data and analytics company. When combined with an expected fall in domestic trips by […]
General Motors reopens hiring as it tries to get back on its feet, says GlobalData
General Motors’ (GM) job postings rebounded from 23 in May to 308 in June 2020 after remaining subdued for the past few months, according to GlobalData’s Job Analytics Platform. While June’s figures were noted to be the highest of all months during the first half (H1) of 2020, hiring post shutdown may not be all […]
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 […]
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 […]
Banco Bradesco is leading M&A financial adviser in South & Central America in H1 2020, says GlobalData
Banco Bradesco was the top financial adviser for mergers and acquisitions (M&A) deals in South & Central America by both deal value and volume in the first half (H1) of 2020, having advised on three deals worth US$1.1bn. BR Partners was second with three deals worth US$869.3m, according to GlobalData, a leading data and analytics […]
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 […]
Oxford University/AstraZeneca’s AZD1222 data is promising but unknowns remain, says GlobalData
Following the news that interim results from the ongoing Phase I/II COV001 trial, led by Oxford University, showed AZD1222 was tolerated and generated robust immune responses against the SARS-CoV-2 virus in all evaluated participants; Johanna Swanson, Product Manager at GlobalData, a leading data and analytics company, offers her view: “The results of the AZD1222 vaccine […]