The global pharmaceutical industry experienced a 32% drop in company filings mentions of virtual care in Q4 2023 compared with the previous quarter, with the highest share accounted for by Neurocrine Biosciences, according to GlobalData’s analysis of over 42 pharmaceutical company filings. GlobalData’s Pharma: Filings Trends & Signals Q4 2023 report delves into earnings call transcripts and quarterly reports within the pharmaceuticals industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
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Notably, virtual care was one of the most frequently referenced themes in Q4 2023, ranking highest in terms of mentions, ahead of internet of things and online travel, according to GlobalData.
Of the top leading companies in the pharmaceutical industry, Neurocrine Biosciences had the greatest increase in references for virtual care in Q4 2023, compared with the previous quarter. GlobalData identified four virtual care-related sentences in the company's filings - 0.4% of all sentences - and remained flat of 0% in Q4 2023 compared with Q4 2022. Dr Sulaiman Al Habib Medical Group’s mentions of virtual care rose by 100% to 2 and Chugai Pharmaceutical’s by 67% to 1.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for virtual care in Q4 2023 was 70.
For further understanding of GlobalData's Pharma: Filings Trends & Signals Q4 2023, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
