Search engine for discovering works of Art, research articles, and books related to Art and Culture
Javascript must be enabled to continue!
A COMPARATIVE STUDY: IMPACT OF PANDEMIC ON PHARMACEUTICAL SECTORS ACROSS THE GLOBE
View through CrossRef
The following paper analyses the
comprehensive impact of COVID-19 as a pandemic on the
pharmaceutical sector, by analyzing the effect on indices of
3 countries that were similarly hit. The various indices
selected move based on the underlying stocks giving a
comprehensive view on the pharma sectors of India, U.S.
and U.K. The general assumption would be that the
pharmaceutical sector would react to favourable news.
However, this is not what we inferred for the countries we
researched on for each announcement. The news events
taken into consideration include WHO announcing
COVID-19 as a pandemic, Oxford University announcing
the resuming of trials and the last is the comprehensive
effect of the two aforementioned news announcements.
The data collected is based on 30 market days before and
after the news announcements ranging from 28th January
2020 to 26th October 2020 for the 3 pharma indices
respectively. Paired t-test and ANOVA are used to analyze
the impact of announcement and degree of variance
between the countries for each announcement considered.
The various indices of impacted countries showed different
reactions to the announcements. None of the countries
showed any significant similarity among themselves with
respect to the indices.
Title: A COMPARATIVE STUDY: IMPACT OF PANDEMIC ON PHARMACEUTICAL SECTORS ACROSS THE GLOBE
Description:
The following paper analyses the
comprehensive impact of COVID-19 as a pandemic on the
pharmaceutical sector, by analyzing the effect on indices of
3 countries that were similarly hit.
The various indices
selected move based on the underlying stocks giving a
comprehensive view on the pharma sectors of India, U.
S.
and U.
K.
The general assumption would be that the
pharmaceutical sector would react to favourable news.
However, this is not what we inferred for the countries we
researched on for each announcement.
The news events
taken into consideration include WHO announcing
COVID-19 as a pandemic, Oxford University announcing
the resuming of trials and the last is the comprehensive
effect of the two aforementioned news announcements.
The data collected is based on 30 market days before and
after the news announcements ranging from 28th January
2020 to 26th October 2020 for the 3 pharma indices
respectively.
Paired t-test and ANOVA are used to analyze
the impact of announcement and degree of variance
between the countries for each announcement considered.
The various indices of impacted countries showed different
reactions to the announcements.
None of the countries
showed any significant similarity among themselves with
respect to the indices.
Related Results
Primerjalna književnost na prelomu tisočletja
Primerjalna književnost na prelomu tisočletja
In a comprehensive and at times critical manner, this volume seeks to shed light on the development of events in Western (i.e., European and North American) comparative literature ...
A Model for Optimal Economic Lockdown to Contain Epidemic
A Model for Optimal Economic Lockdown to Contain Epidemic
This paper is concerned with the application of operations research in defining the optimal lockdown of economic activities to contain epidemic. The problem of optimal lockdown con...
Welcome to Pharmaceutical Communications
Welcome to Pharmaceutical Communications
Welcome to the inaugural issue of Pharmaceutical Communications-a biannual, open access, and peer-reviewed journal aiming to publish high-quality research articles in the field of ...
The socio-economic impact of COVID-19 on the petroleum sector in Egypt: a descriptive analysis
The socio-economic impact of COVID-19 on the petroleum sector in Egypt: a descriptive analysis
PurposeThis study explored the impact of COVID-19 on the petroleum sector in Egypt, both economically and socially. Of all sectors of the economy, the oil industry has been one of ...
Analysis of Basic and Non-Basic Sectors in Denpasar City in the middle of Covid-19 Pandemic Era
Analysis of Basic and Non-Basic Sectors in Denpasar City in the middle of Covid-19 Pandemic Era
Each region has different potential resources. These potential differences will also affect the different characteristics of the economy in each region. A typical mindset thinking ...
Corporate social responsibility of pharmaceutical industry in Korea
Corporate social responsibility of pharmaceutical industry in Korea
Background: Global pharmaceutical companies in Korea argue that the development of innovative drugs should be recognized as a social contribution, yet it has been countered by vari...
Drive-Thru community pharmacy in the “New Normal Era”: An innovation in pharmaceutical services and its socio-economic impact
Drive-Thru community pharmacy in the “New Normal Era”: An innovation in pharmaceutical services and its socio-economic impact
The new normal has become the “now normal”. Indeed, it is now inevitable that the health care system has changed, including the pharmaceutical services. A big evolution has taken p...
Determination of Leading Sectors in West Nusa Tenggara Province Using the Input-Output Approach
Determination of Leading Sectors in West Nusa Tenggara Province Using the Input-Output Approach
The increase in added value generated by economic units based on business sectors is one of the main drivers of economic growth. High economic growth is often used as an indicator ...