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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