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Japan has already witnessed a significant downturn in the number of new daily COVID-19 cases since the national emergency was declared. However, the country is likely to see additional surges in the future, according to an infection trajectory forecast model by GlobalData, a leading data and analytics company. Kasey Fu, Director of Epidemiology at GlobalData, […]
More than 50% of top 20 pharma companies saw slight decrease in MCap in Q1
More than half of the top 20 global innovative pharma companies by market cap (Mcap) value saw a decrease in their MCap in the first quarter (Q1) of 2020. Even more worrisome is that nearly all of these pharma companies saw an increase in their MCap over 2019 (Q1 to Q4 2019). Sharon Cartic, Associate […]
China’s blockchain-backed recovery from COVID-19 could pave way to create efficient disease surveillance system, says GlobalData
Despite the COVID-19 outbreak, China managed to launch its national blockchain-based service network (BSN) in April 2020, as scheduled earlier, in an attempt to promote the mass adoption of blockchain and explore the opportunities that the digital economy can bring. China has been an early adopter of technologies to fight COVID-19 and will be closely observed […]
Success of new research projects crucial in containing community spread of COVID-19 in India, says Globaldata
The Department of Science and Technology – Science and Engineering Board (DST-SERB) has recently initiated several special research projects. These efforts could help contain community spread of the novel coronavirus (COVID-19) in India, says GlobalData, a leading data and analytics company. According to GlobalData COVID-19 dashboard, as of 05 May 2020, India has 46,437 confirmed cases […]
Pharmaceutical companies will need to show support or risk damaging global reputation
The unprecedented events of the past few months have upended societies and healthcare systems alike. With the increased need for medical innovation and research to kickstart plunging economies, pharmaceutical companies need to make strategic decisions that will provide financial benefit while showing strong commitment to global health and their patients. Monetary and drug donations have […]
Lack of patient awareness is biggest challenge to telemedicine during COVID-19
A survey conducted by GlobalData between 6 April and 20 April about the use of telemedicine during the COVID-19 crisis saw an overwhelming majority of respondents claim they expect telemedicine to play a very important role in the fight against the virus, as indicated by 67% of 853 respondents. In addition, telemedicine was rated by […]
Calibrated financial support to bolster India’s preparedness in fight against COVID-19, says GlobalData
Following the news that India has approved nearly US$2bn* towards ‘India COVID-19 Emergency Response and Health System Preparedness Package’; Sasmitha Sahu, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “The move comes as no surprise as the COVID-19 situation has seen some unprecedented decisions taken swiftly by the Indian government. […]
COVID-19 pandemic may restrict patients’ access to medical marijuana
The COVID-19 pandemic is set to impact the pharmaceutical industry in a profound way, according to GlobalData, a leading data and analytics company. From postponed and suspended clinical trials to stockpiling of painkillers causing disruption to supply chains, the medical marijuana industry is also expected to be affected by the ongoing crisis. GlobalData’s report: ‘Medical […]
High-dose chloroquine should not be used further for COVID-19 patients due to the QTc prolongation, says GlobalData
Recent results have shown that high-dose chloroquine has potential safety concerns resulting in QTc prolongation, a heart rhythm disorder that serves as a surrogate indicator for increased risk of drug-associated torsades de pointes (TdP). GlobalData believes that the preliminary data from this Phase II study indicates that high-dose chloroquine should not be used further for […]
Phase 2 Kevzara trial provides important insight into the management of COVID-19
Regeneron and Sanofi recently announced the preliminary results from the Phase II portion of an ongoing Phase II/III trial evaluating Kevzara (sarilumab), an antibody targeting the interleukin-6 (IL-6) receptor, in hospitalized patients with severe or critical respiratory illness caused by COVID-19. Angad Lotay MPharm, Infectious Diseases Analyst at GlobalData, comments: “Targeting the correct patient population […]
India needs to step up healthcare spending to combat outbreaks such as COVID-19 in future, says GlobalData
With an unexpected spike in COVID-19 cases, India has extended the countrywide lockdown till 17 May 2020. The move reflects India’s dependency on lockdown to contain the pandemic amid poor healthcare spending and infrastructure, says GlobalData, a leading data and analytics company. According to GlobalData COVID-19 dashboard, as of 04 May 2020, although India has 42,505 […]
Cereno Scientific’s novel CS-1 holds potential as it enters crowded PAH marke
Cereno Scientific’s preclinical candidate CS-1 (valproic acid) was recently granted Orphan Drug Designation (ODD) by the Food and Drug Administration (FDA) for the US market for pulmonary arterial hypertension (PAH) —a rare, fatal cardiopulmonary disease with no curative treatment. Provided its successful clinical development, CS-1 has the potential to carve out a space on the market, due to its novel mechanism of action, says GlobalData, a leading data and analytics company. […]
Digital transformation in healthcare services is accelerated by COVID-19
The fast-paced adoption of digital technologies is emerging as a key element of remodeling healthcare delivery and scaling up systems. While the risk-averse culture, legacy systems, regulation and compliance challenges are hindering the uptake of emerging technologies in healthcare services, COVID-19 may be the trigger that will accelerate digitalization in the sector, says GlobalData, a […]
UK start-up companies’ AI to accelerate search for COVID-19 treatment
Start-up companies in the UK are turning to artificial intelligence (AI) for analysis of existing drugs and new molecules. The use of AI in this way has the potential to rapidly accelerate the research and development (R&D) timeline, allowing faster COVID-19 drug development. The COVID-19 pandemic may be a tipping point in companies adopting AI-facilitated […]
Real-world evidence can help countries deal with the COVID-19 outbreak
Organizations are relying on real-world evidence (RWE) to help tcontain the spread of COVID-19. Real-world data can provide valuable insights to help organizations better understand, monitor and prepare for the any challenges that the outbreak presents, says GlobalData, a leading data and analytics company. In a GlobalData poll of 935 respondents, conducted from April 6–20, more […]
Increased demand for cardiovascular drugs to exacerbate the disruption caused by COVID-19
As COVID-19 spreads through the global population, the rate of hospital admissions increases daily and threatens to overwhelm health systems. Certain patient populations have been deemed high risk, including those with pre-existing cardiovascular (CV) issues, but cardiac injury is also being increasingly seen in those with no history of CV problems. The use of CV […]
IBD industry could be at risk during COVID-19
As the COVID-19 global pandemic grows with the UK, active inflammatory bowel disease (IBD) patients could be at a higher risk, as patients using prominent therapies such as Remicade and Humira could cause an increased risk of bacterial and viral infections, says GlobalData, a leading data and analytics company. In order to protect active IBD patients, […]
Pre-emptive planning and manufacturing support initiatives could help avoid potential shortages in cancer drugs amid COVID-19 pandemic
Concerns have arisen that treatments for cancer patients could be affected by shortages in cancer drug supply and distribution as valuable medical resources are being diverted for the management of the COVID-19 pandemic. The outbreak has overtaxed healthcare systems worldwide as countries are struggling to contain the spread of the infection, says GlobalData, a leading […]
Over 27 million severely obese patients across the 9MM could face serious COVID-19
People with severe obesity, defined as having a body mass index (BMI) of 40 or higher, are now considered to be at risk for developing serious COVID-19 outcomes, according to the Centers for Disease Control and Prevention, and countries with a high percentage of obese patients may experience a higher strain on their healthcare system. […]
Prophylactic vaccines lagging, only counting for 31% of for COVID-19 drug pipeline
The COVID-19 pandemic that has swept the globe has led to a massive search for a drug with which to combat this deadly virus. Yet, despite many pharmaceutical companies continuing to pour their resources into a cure, the development of prophylactic vaccines for COVID-19 appears to be lagging, which may hamper future plans to halt […]