Covid-19 impact on global pharmaceutical industry
- Vol.53(5-6), May-June
- Mumbai Indian Journal of Pharmaceutical Science 2021
- 23-25p.
The impact of the COVID-19 crisis on the global market is critical where pharmaceutical industries manifest a decrease in economy and recession. As per conducted surveys on many pharmaceutical industries, 39% less supply is being produced by every infected country such as India, Spain, Germany, USA, Japan, etc. The main impact of COVID-19 on the global pharmaceutical industries will be as follows:- • Paucity of supply • Aggravated demands of supplies • Intensified clinical trials • Enhanced digital health • Relaxation of FDA policies in few areas.