Can the industry really claim it's 'business as usual'?
ChargePoint Technology's Chief Commercial Officer says "yes" it can.
As a population, we are all learning how to operate and function during this current global COVID-19 pandemic. But what does this mean for businesses in the pharmaceutical industry who are trying to navigate the landscape during this time?
Everyone is claiming ‘business as usual’ but is this really the case when there are restrictions on global travel and social distancing? Tony O'Sullivan, Chief Commercial Officer at ChargePoint Technology says: "In a word, yes."
O'Sullivan explains that although delays in receiving APIs and raw materials appear to be one of the biggest current challenges, the industry is proving it has solid and working business continuity plans in place.
"Even with the loss of many big industry events, the industry is being creative and finding new ways to speak to and meet with those we would normally be networking with face to face via virtual meetings," says O'Sullivan.
He also notes that companies are also applying this approach to their products — they are conducting virtual demos from living rooms and home offices all over the world.
O'Sullivan adds: "Headquarters are operating within government guidelines, but this isn’t stopping the operational aspect of these businesses, it’s merely providing a new dynamic in which to work safely but still efficiently."
As well as drug developers and manufacturers, those supplying vital containment and sterility assurance equipment used in pharmaceutical manufacturing environments play an important role in the supply chain. Those that are best set up to support their customers remotely will thrive in the current situation.
“Operational efficiency and fulfilling customers' requirements are both inherently part of all of ChargePoint’s processes and these will be particularly important as we strive to continue to overcome all hurdles brought on by this extraordinary situation," says O'Sullivan.
Furthermore, he notes the importance of the industry coming together at this time to help fight and slow this pandemic, whether that’s through direct industry partnerships or via local and regional networks.
"There’s no denying that the Coronavirus pandemic is a very serious concern to everyone in the pharmaceutical industry. It is no surprise that virtually overnight, many vaccine and drug developers pivoted, shifting development resources to focus on pharmaceutical-based solutions to prevent, control and treat the disease. As they make progress, manufacturers will need to step in to help to commercialize their products and bring them to market, concludes O'Sullivan.
Related News
-
News Pharmaceutical Supply Chain People Moves
The latest appointments, promotions, and structural changes across the pharmaceutical supply chain.
-
News Merck KGaA to buy US biotech SpringWorks for US$3.9 billion
The German multinational pharmaceutical company Merck KGaA have signed a deal to buy US biotech company SpringWorks Therapeutics at an equity value of US$3.9 billion in a move to add rare cancer therapeutics to their pipelines.
-
News Cassava Sciences halts Alzheimer's drug trial after limited progress
Cassava Sciences have drawn a close to their investigations and development of the drug simufilam, which they intended to be used for the treatment of Alzheimer’s disease.
-
News US FDA adds haemodialysis bloodlines to devices shortage list
On March 14, 2025, the US FDA published an open letter to healthcare providers citing continuing supply disruptions of haemodialysis bloodlines, an essential component of dialysis machines.
-
News Vertex Pharmaceuticals stock jumps as FDA approves non-opioid painkiller
UK-based Vertex Pharmaceuticals saw their stock shares soar as the US FDA signed off on the non-opioid painkiller Journavx, also known as suzetrigine, for patients with moderate to severe acute pain, caused by surgery, accidents, or injuries.
-
News Lessons from CPHI Milan 2024: Sunny Intervals for Pharma Manufacturing?
As the 2024 CPHI conference wrapped up in Milan, we caught up with L.E.K. Consulting – a global strategy consulting firm with deep expertise in pharma manufacturing – to discuss evolving market perspectives and business outlook. -
News US BIOSECURE Act passed by US House of Representatives
The controversial act, which has already impacted several foreign companies operating in the US, was passed by the House of Representatives on September 9, 2024. It is now headed for the US Senate before it can be signed into law by President Joe Biden... -
News Drug prices agreed upon as part of the US Inflation Reduction Act
The Inflation Reduction Act brought into constitution by the Biden administation in 2022, which proposed a drug price negotiation between the government and pharmaceutical companies, has reached it's first agreement.