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Following the news that UK biotech Synairgen announced reductions in COVID-19 disease progression and increased rates of recovery relative to placebo; Michael Breen, PhD, Director of Infectious Diseases and Ophthalmology at GlobalData, a leading data and analytics company, offers his view: “Synairgen’s inhaled interferon (IFN)-β is now one of a select few drugs having shown […]
Abbott Laboratories feels optimistic about recovery in cardiovascular device market amid major losses halfway through 2020, says GlobalData
Following the news that procedure volumes with Abbott Laboratories’ cardiovascular devices have recovered to approximately 90% of pre-COVID-19 volumes; Richard Hyde, Medical Analyst at GlobalData, a leading data and analytics company, offers his view on the subject: “Abbott Laboratories is one of the highest performing medical device companies in the COVID-19 era and ranks second […]
Nestlé’s D2C sales strategy could boost customer loyalty post-COVID-19, says GlobalData
Nestlé’s direct-to-consumer sales strategy, beginning in Spain this week, could be an opportunity for the brand to profit from lockdown and pre-empt future market disruptions, allowing the company to sell its products without the influence of retailer relationships. If the move is successful, other brands may also follow suit as providing convenience during the pandemic […]
CanSino first with Phase II COVID-19 vaccine results, but one shot might not be enough, says GlobalData
Following the news that Chinese biotech CanSino published Phase II results of its COVID-19 vaccine candidate Ad5-nCoV; Philipp Rosenbaum, PhD, Senior Infectious Diseases Analyst at GlobalData, a leading data and analytics company, offers his view: “With one dose, CanSino’s human adenovirus vector-based vaccine elicited receptor-binding and neutralizing antibodies in 508 patients peaking after 28 days. […]
Sample pooling to accelerate COVID-19 testing, says GlobalData
Following the news that Quest Diagnostics received emergency use authorization (EUA) from the Food and Drug Administration (FDA) for its sample pooling-based COVID-19 test; Brian Hicks, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers his view: “At a time when more COVID-19 tests are being conducted, yet negative results are generally […]
Epidemiology of COVID-19 in schools will need to be closely monitored, says GlobalData
As countries begin to reopen from COVID-19, one of the currently important issues to examine is that of school re-openings. As infected children generally have a less severe disease manifestation – and there are negative effects from school closures such as falling behind in learning, strain on caregivers, and social isolation – these will have […]
AstraZeneca/Oxford University’s vaccine shows solid safety results in Phase I/II in increasingly crowded field of vaccine candidates, says GlobalData
Following the news that AstraZeneca and Oxford University published Phase I/II results of their COVID-19 vaccine candidate ChAdOx1/AZD1222; Philipp Rosenbaum, PhD, Senior Infectious Diseases Analyst and Michael Breen, PhD, Director of Infectious Diseases at GlobalData, a leading data and analytics company, offer their view: Rosenbaum commented “The vaccine developed by Oxford University in collaboration with […]
US hospitals alone purchase $94m PPE in H1 2020 – GlobalData considers latest N95 mask prototype developed by Boston researchers
In the first half of 2020, hospitals in US alone have purchased $94m of PPE, according to GlobalData, a leading data and analytics company. Additionally, numerous countries around the world have passed laws making face masks mandatory in public places, increasing the demand even further. GlobalData expects the US PPE market to grow at an […]
Venezuela’s oil and gas sector sees worst crisis during 2020, says GlobalData
Venezuela’s oil and gas sector was already caught in a vicious cycle well before the COVID-19 outbreak created a world economic crisis. Even though there are several international companies still remaining in the country, they are not investing in any relevant manner and have minimum personnel. GlobalData Oil & Gas Analyst Adrian Lara notes that […]
Analog’s $20bn Maxim deal another example of semiconductor sector shakeout, says GlobalData
The global semiconductor industry has too much capacity, too many players and has had declining revenues since the end of 2018. Market prospects are bleak for the next two years and the recent acquisition of Maxim Integrated by Analog Devices is the latest example of the industry’s shakeout, says GlobalData, a leading data and analytics […]
Cadbury’s smaller-size, same-price announcement won’t fly with consumers’ budgets, says GlobalData
Following the news that some of Cadbury’s multipack chocolate bars will get smaller but costs will stay the same by 2021; Yamina Tsalamlal, Consumer Analyst at GlobalData offers her view: “Following ‘Watergate’, and ‘Deflate-Gate’ comes the latest in the series of ‘-gate’ scandals with ‘Shrinkflation-Gate’. It might seem like a small change from Cadbury’s perspective, […]
Teladoc Health has emerged as one of these winners of COVID-19 pandemic, says GlobalData
As the COVID-19 pandemic continues to disrupt companies, some have come out as winners or losers. Developers with COVID-19 therapies and vaccines will benefit in the short term, companies investing in artificial intelligence (AI) and telemedicine could see long-term success, whereas stalled clinical trials could create a work vacuum for contract research organizations (CROs), says […]
Prioritized rollout required for COVID-19 vaccine to achieve 75% population vaccinated for herd immunity to be effective, says GlobalData
As a vaccine product passes through clinical development, manufacturers will have to ensure that they are taking the required steps to ramp up production, as there is unprecedented global demand. The quick manufacture and distribution of effective vaccine products are vital, as a slow or botched rollout may lead to global unrest due to the […]
Giving in to governmental pressure and approving sub-par vaccine may dissuade further innovation, says GlobalData
There are indications that some companies may be expediting the approval of COVID-19 vaccines, sometimes with subpar effectiveness, in response to pressure from governmental organizations. The approval of such vaccines may display short-term benefits, however, it will dissuade other companies and institutes from developing more effective vaccines if a significant proportion of the population has […]
Eli Lilly’s and Regeneron’s COVID-19 mAbs spark interest as monotherapies along with potential as cocktails for treatment and post-exposure prevention, says GlobalData
COVID-19 research and development (R&D) has started to see the first set of novel drug candidates enter clinical trials by way of monoclonal antibodies (mAbs). Experts interviewed by GlobalData see potential in these but are cautious that the cocktail strategy may not pan out better than treating with a single mAb, according to reporting from […]
Global light vehicle market to see 17.2% decline in 2020, says GlobalData
The world’s light vehicle market is forecast to decline by 17.2% to 73.6 million units in 2020 due to the impact of the COVID-19 pandemic and its associated economic fallout, according to GlobalData, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, comments: “This is a bigger one-off shock than witnessed in the […]
Passing on VAT savings may offer lifeline to large foodservice players by offering respite to families and promoting ‘affordable luxury’, says GlobalData
Following the news that Starbucks and McDonald’s has promised price reductions after the UK Government’s announcement to cut VAT in the hospitality industry from 20% to 5%; Yamina Tsalamlal, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “To the quarter (23%) of UK consumers saying they are extremely concerned about […]
Underperforming Cylance affected Blackberry’s sentiments in Q1 2020, says GlobalData
Blackberry’s sentiments declined by 16% in Q1 2020**, compared to Q4 2019*, due to revenue and gross margin drops in its struggling software services segment, the revenues of which declined by around 12%. The performance of Cylance, a part of the software services segment, remained subdued throughout the period, even as cybersecurity demand surged due […]
Approval of sixth adalimumab biosimilar offers hope for elevated competition and discounting, says GlobalData
Following the FDA’s approval of Hulio (adalimumab-fkjp), a biosimilar of AbbVie’s Humira that was the highest grossing drug for eight years running with $19.2bn in 2019 global sales, Hulio will be made available in July 2023 for all of Humira’s approved indications that are not protected by orphan exclusivity. Hulio joins five other FDA-approved adalimumab […]
Qantas Airbus A380 grounding points to expected U-shaped commercial aviation recovery, says GlobalData
Following the news that major airline Qantas is grounding and preserving its Airbus A380 fleet for at least three years until the passenger market starts to rebound; Anthony Endresen, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “The commercial aviation sector looks set for a […]