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Following the news that India-based Sun Pharmaceutical Industries Ltd (Sun Pharma) has received Indian regulatory approval to start clinical trials of pancreatitis drug nafamostat mesylate in COVID-19 patients; Prashant Khadayate, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “Sun Pharma being the leading player in India seems to be slightly […]
Launch of dasatinib generics will be huge financial upside for CML patients in India, says GlobalData
The launch of the generic versions of dasatinib, following the expiration of Indian patent in April 2020 will increase the accessibility for treatment of chronic myeloid leukemia (CML) and acute lymphoblastic leukemia (ALL) and subsequently result in huge cost savings, says GlobalData, a leading data and analytics company. Post patent expiry of BMS’ Sprycel (dasatinib), […]
GlobalData reveals top 10 electric vehicles influencers on Twitter in Q1 2020
An analysis of GlobalData’s Electric Vehicles Influencer Platform, which tracks more than 200 leading industry experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, has revealed clean energy consultant Thomas J Thias as the top influencer during the first quarter (Q1) of 2020. […]
South Korea gained greater control over COVD-19 than US with early testing, says GlobalData
The US remains the most heavily affected country by the COVID-19 pandemic, with more than 1.7 million total confirmed cases. In comparison, South Korea is now thought to be in the recovery phase of this disease with more than 11,500 total confirmed cases. Though the US has now performed 40 COVID-19 tests per 1,000 population […]
China’s fixed communications services market revenue to grow at 1.7% CAGR over 2019-2024, forecasts GlobalData
The total fixed communications services revenue in China is forecast to increase at a compounded annual growth rate (CAGR) of 1.7% from US$76.4bn in 2019 to US$83.2bn in 2024, primarily driven by the growth in fixed broadband segment, according to GlobalData, a leading data and analytics company. GlobalData’s China Telecom Operators Country Intelligence Report predicts […]
Indian pharma companies join race for favipiravir clinical trials for COVID-19, says GlobalData
The Drug Controller General of India (DCGI) has recently given approval to Indian pharma companies Glenmark and Strides Pharma Science to initiate clinical trials of favipiravir for COVID-19 patients. The lack of definitive treatment for COVID-19 has paved the way for repurposing the existing drugs for COVID-19 treatment and Indian pharma companies also want to […]
COVID-19 to impact orthopedic procedures in US during 2020, says GlobalData
Nearly 83.5% of all the orthopedic procedures performed in the US are estimated to be delayed, postponed or canceled due to COVID-19, as they are considered to be elective and non-essential, according to GlobalData, a leading data and analytics company. Eric Chapman, Medical Devices Analyst at GlobalData, says: “GlobalData estimates only 16.5% of orthopedic procedures […]
Cold spray additive manufacturing will reduce down time for Australia’s submarines, says GlobalData
Following the news that Australian Submarine Company (ASC) has partnered with Australia’s national science agency CSIRO and DMTC Limited to pioneer additive manufacturing for submarines; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData’s report, The Australian Defense Market – Attractiveness, Competitive Landscape […]
COVID-19 has not changed Australia’s plans with anti-submarine warfare fleet, says GlobalData
Following the interaction with the Department of Defence (Australia) on their Hunter-class anti-submarine warfare (ASW) program on 29 May 2020; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData’s report, The Global Naval Vessels and Surface Combatants Market 2020-2030, Australia’s ASW program consists […]
Despite decline in 2020 due to COVID-19, China’s mobile service revenue set to register 1.5% CAGR over 2019-2024, forecasts GlobalData
The total mobile services revenue in China is set to increase at a compound annual growth rate (CAGR) of 1.5% from US$127.4bn in 2019 to US$137.1bn in 2024, supported by healthy growth in mobile data service revenues, according to GlobalData, a leading data and analytics company. GlobalData’s China Telecom Operators Country Intelligence Report forecasts that […]
Pay-TV services revenue in China to decline at 1.2% CAGR over next five years, forecasts GlobalData
The total pay-TV services revenue in China is set to decline at a compound annual growth rate (CAGR) of 1.2% between 2019 and 2024, from US$24.8 billion in 2019 to US$23.3 billion in 2024, due to growing substitution with over-the-top (OTT) video services and falling pay-TV average revenue per user (ARPU), according to GlobalData, a […]
Psoriasis digital landscape for patients in Japan offers competent patient engagement, says GlobalData
In Japan, the plaque psoriasis (PsO) treatment landscape is highly competitive with the availability of conventional topical therapies, as well as biologics including anti-TNF, anti-IL-17, anti-IL-23 inhibitors, and a small molecule PDE4 inhibitor. To differentiate within this crowded market, companies offering novel therapies are using branded and unbranded channels to enhance patient engagement throughout all […]
India’s BDR Pharmaceuticals attempt to launch generic version of remdesivir looks difficult, says GlobalData
Following the news that India-based BDR Pharmaceuticals has sought the Drug Controller General of India (DCGI)’s approval to manufacture and sell the generic version of remdesivir without entering into a licensing pact with Gilead Sciences; Prashant Khadayate, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “This endeavor is not new […]
Rule change from AEMC will safeguard small electricity retailers from COVID-19 pandemic, says GlobalData
Following the news that the Australian Energy Market Commission (AEMC) is considering a rule change, allowing electricity retailers with COVID-19-affected customers to put their electricity network charges on hold for six months; Somik Das, Power Analyst at GlobalData, a leading data and analytics company, offers his view: “This change is expected to be of essential […]
GlobalData reveals top 10 Health & Wellness influencers in Q1 2020
An analysis of GlobalData’s Health & Wellness Influencer Platform, which tracks 130 leading industry experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, has revealed nutrition and weight loss expert Lori Shemek as the top influencer in the first quarter (Q1) of 2020. […]
India should encourage automation and robotics to overcome workforce shortage in medical devices manufacturing industry, says GlobalData
COVID-19 crisis can be an opportunity for the Indian medical devices manufacturing industry. However, it has resulted in the shortage of workforce and subsequently impacted the demand and supply of medical devices in India. Against this back drop, the government should encourage/incentivize India’s medical device manufacturers to integrate more automation and robotics into their manufacturing […]
South Korea pushes local industries with new KDDX announcement, says GlobalData
Following today’s (29 May 2020) news that South Korea announced the basic design bidding for the next Korean Destroyer (KDDX); Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData’s report, The Global Naval Vessels and Surface Combatants Market 2020-2030, Korean naval vessel market […]
India’s smart cities playing big role in technology led battle against COVID-19, says GlobalData
As seen in many countries across the globe, smart cities in India too have been playing a major role and leading the way in the country’s battle against the COVID-19 pandemic, says GlobalData, a leading data and analytics company. Sandeep Kolakotla, Technology Analyst at GlobalData, says: “Despite delays in the country’s smart city projects due […]
Zoom conversations on Twitter up by more than 10X over last 120 days, finds GlobalData
The impact of COVID-19 pandemic brought many changes and challenges to various sectors, and forced most of the employees to work remotely, which led to a significant surge in the usage of Zoom video application. A similar trend was observed on Twitter as well, where discussions related to the company ‘Zoom’ spiked phenomenally during January-April […]
Asia-Pacific deal activity declines during the week ended 24 May, says GlobalData
A total of 300 deals were announced in the Asia-Pacific (APAC) region during the week ended 24 May 2020, which is a decrease of 9.1% over 330 deals announced during the previous week, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that the deal volume during […]