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As China opens up for businesses, the country is witnessing a new surge of travel-related COVID-19 cases in Jilin province in Northern China. The country had successfully kept the new cases in the single digits for a while, but there have been more than 40 new cases in the last five days, says GlobalData, a […]
Healthcare sector witnessed 4.4% growth in deal activity during week ended May 10
The number of deals announced in the global healthcare sector (including pharmaceuticals and medical equipment) grew by 4.4% during the week ended May 10, 2020 compared to the previous week, according to GlobalData’s deals database. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The healthcare sector has been relatively resilient compared to other sectors and this […]
Patients taking blood pressure medication should not stop treatment over COVID-19 concerns
A study by Sama et al. published in the European Heart Journal found that the ACE2 concentrations in heart failure patients are not affected by commonly used antihypertensives, ACE inhibitors and angiotensin receptor blockers (ARBs). This study adds an additional line of evidence that patients (at least those with heart failure) should not discontinue the […]
Healthcare systems will remain under increased pressure of cyberattacks even after COVID-19 outbreak ends
With the scale and complexity of cybercrime increasing, and the fact that hospitals are moving toward digitalization and remote patient care, the number of cyberattacks on healthcare systems will continue to increase, says GlobalData, a leading data and analytics company. Urte Jakimaviciute, MSc, Senior Director of Market Research at GlobalData, comments: “Since the emergence of […]
Lack of patient selection holds back new combinations in melanoma
Targeted therapies have delivered on their promise to make oncology more personalized. However, the addition of immunotherapy agents without first testing for patients who are most likely to benefit may limit the success of triplet combinations in melanoma, says GlobalData, a leading data and analytics company. The addition of Tecentriq (atezolizumab) to a doublet therapy […]
FDA new drug approvals down 16% in 2019
In 2019 the US Food and Drug Administration (FDA) accepted 119 New Drug Approvals (NDAs) and Biologics License Applications (BLAs) including New Molecular Entities (NMEs) and new formulations of older drugs. This figure represents a 3% increase over the 2014–2018 period average of 115 approvals, but is a 16% decrease on 2018’s 137 approvals, according […]
ICMR banks on Bharat Biotech expertise to develop COVID-19 vaccine in India, says GlobalData
Following the news that Indian Council of Medical Research (ICMR) and India-based Bharat Biotech have partnered to develop an indigenous COVID-19 vaccine; Anupama, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “ICMR selected Bharat Biotech due to its expertise in indigenous vaccine development. COVID-19 virus isolate obtained from ICMR’s National […]
Fujifilm and Ansun’s efforts to repurpose their influenza therapies to treat COVID-19 draw efficacy skepticism
With Fujifilm Toyama Chemical’s Avigan (favipiravir) already approved in Japan for influenza, that country had announced plans to stockpile two million courses of the oral drug for COVID-19, but reporting by Reynald Castañeda, Pharma Writer for the Investigative News team at GlobalData, a leading data and analytics company, notes that there are reservations about the drug’s potential in treating […]
BCG vaccines being tested for protection against COVID-19
As the COVID-19 pandemic continues to spread, researchers are examining reasons why various countries were impacted differently. It has been suggested that the severity of COVID-19 is higher in countries that do not have a history of Bacillus Calmette–Guerin (BCG) vaccination programs. Clinical trials are underway to investigate the possibility that they confer some immunity […]
COVID-19 pandemic could cause increase in prevalence of PTSD
A significant increase in the total prevalence of PTSD is expected globally amid the COVID-19 pandemic – with the risk for women being twice as high as men, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Post-Traumatic Stress Disorder: Epidemiology Forecast to 2028’, notes that the 12-month total prevalence of PTSD in the […]
Moderna’s mRNA COVID-19 Vaccine ready for Phase II as vaccine development picks up pace
Following the news that Moderna’s mRNA COVID-19 vaccine candidate received FDA approval to start Phase II clinical studies; Philipp Rosenbaum, PhD, Infectious Diseases Analyst at GlobalData, a leading data and analytics company, offers his view: “With plans to start Phase III trials in early summer, Moderna’s ambitious timeline leaves some skepticism, as no data has […]
Cerus Endovascular continues expanding aneurysm treatment portfolio amid COVID-19 pandemic
Cerus Endovascular’s secured CE approval for coil-assisted flow diverter Neqstent was a great win for the company, but the path ahead may be slow-going. GlobalData, a leading data and analytics company, expects that the device may experience a slower uptake due to the pandemic. Sheryl Tang, Medical Device Analyst at GlobalData, comments: “When Cerus Endovascular […]
Eli Lilly becomes the latest large pharma to join the fight against COVID-19
In April, Eli Lilly joined the fight in treating COVID-19 with an announcement that it had agreed to study Olumiant (baricitinib) as an arm in NIAID’s Adaptive COVID-19 Treatment Trial (NCT04280705). However, Olumiant is not without its share of risks and providers will still need to evaluate the risk-benefit ratio for this particular immunomodulatory agent […]
Japan will stamp out recent COVID-19 surge, but future surges are likely, says GlobalData
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. […]