Insight

How COVID-19 is Affecting Life Sciences and Medical Devices Industries

March 30th, 2020 (Updated 03/24/2021)

Radha Patel
Solution Strategy Ninja at Pricefx

How COVID-19 is Affecting Life Sciences and Medical Devices Industries Even those of us living under rocks couldn’t have slept through the global health crisis that is taking over our lives.  A mere four months ago, it was nothing more than a handful of people in China having somehow contracted pneumonia after visiting a seafood market in Wuhan. But testing showed similarities to SARS-CoV and MERS-CoV.  A new CoV virus was on the scene –coronavirus-2019 (COVID-19).  Today, Coronavirus has become a global health emergency calling for united worldwide action. We’ve seen heavy restrictions on travel, constraints on trade, an almost complete shutdown of the hospitality industry, companies frantically scaling their work-from-home policies to the entire workforce, schools closing...

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Manage

Addressing the Impact of the Coronavirus on the Chemical and Process Industries 

July 2nd, 2020 (Updated 03/24/2021)

Robert Smith
Industry Advisor at Pricefx

What is the Impact of COVID-19 on Chemicals and Process Industries? We’ve now conducted business for several months under the shadow of COVID-19, and it’s likely dramatically impacted our businesses and goals for 2020.  Some sectors have seen significant decreases in demand for products, which may be starting to rebound as economies reopen and employment increases.  Some sectors more closely tied to medical, hygiene, and food packaging have seen unprecedented demand and challenges in maintaining supply to customers.    A high degree of uncertainty remains on business conditions for the months ahead, as economies restabilize and the potential for a second wave of COVID-19...

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