Cargando…
Short and long term impacts of COVID-19 on the pharmaceutical sector
BACKGROUND: The novel coronavirus disease 2019 (COVID-19) was characterized as a global pandemic by the WHO on March 11th, 2020. This pandemic had major effects on the health market, the pharmaceutical sector, and was associated with considerable impacts; which may appear in short and long-term time...
Autores principales: | , , |
---|---|
Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer International Publishing
2020
|
Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7332346/ https://www.ncbi.nlm.nih.gov/pubmed/32617864 http://dx.doi.org/10.1007/s40199-020-00358-5 |
_version_ | 1783553511198294016 |
---|---|
author | Ayati, Nayyereh Saiyarsarai, Parisa Nikfar, Shekoufeh |
author_facet | Ayati, Nayyereh Saiyarsarai, Parisa Nikfar, Shekoufeh |
author_sort | Ayati, Nayyereh |
collection | PubMed |
description | BACKGROUND: The novel coronavirus disease 2019 (COVID-19) was characterized as a global pandemic by the WHO on March 11th, 2020. This pandemic had major effects on the health market, the pharmaceutical sector, and was associated with considerable impacts; which may appear in short and long-term time-horizon and need identification and appropriate planning to reduce their socio-economic burden. OBJECTIVES: Current short communication study assessed pharmaceutical market crisis during the COVID-19 era; discussing short- and long-term impacts of the pandemic on the pharmaceutical sector. RESULTS: Short-term impacts of COVID-19 pandemic includes demand changes, regulation revisions, research and development process changes and the shift towards tele-communication and tele-medicine. In addition, industry growth slow-down, approval delays, moving towards self-sufficiency in pharm-production supply chain and trend changes in consumption of health-market products along with ethical dilemma could be anticipated as long-term impacts of COVID-19 pandemic on pharmaceutical sector in both global and local levels. CONCLUSION: The pandemic of COVID-19 poses considerable crisis on the health markets, including the pharmaceutical sector; and identification of these effects, may guide policy-makers towards more evidence-informed planning to overcome accompanying challenges. [Figure: see text] |
format | Online Article Text |
id | pubmed-7332346 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2020 |
publisher | Springer International Publishing |
record_format | MEDLINE/PubMed |
spelling | pubmed-73323462020-07-06 Short and long term impacts of COVID-19 on the pharmaceutical sector Ayati, Nayyereh Saiyarsarai, Parisa Nikfar, Shekoufeh Daru Short Communication BACKGROUND: The novel coronavirus disease 2019 (COVID-19) was characterized as a global pandemic by the WHO on March 11th, 2020. This pandemic had major effects on the health market, the pharmaceutical sector, and was associated with considerable impacts; which may appear in short and long-term time-horizon and need identification and appropriate planning to reduce their socio-economic burden. OBJECTIVES: Current short communication study assessed pharmaceutical market crisis during the COVID-19 era; discussing short- and long-term impacts of the pandemic on the pharmaceutical sector. RESULTS: Short-term impacts of COVID-19 pandemic includes demand changes, regulation revisions, research and development process changes and the shift towards tele-communication and tele-medicine. In addition, industry growth slow-down, approval delays, moving towards self-sufficiency in pharm-production supply chain and trend changes in consumption of health-market products along with ethical dilemma could be anticipated as long-term impacts of COVID-19 pandemic on pharmaceutical sector in both global and local levels. CONCLUSION: The pandemic of COVID-19 poses considerable crisis on the health markets, including the pharmaceutical sector; and identification of these effects, may guide policy-makers towards more evidence-informed planning to overcome accompanying challenges. [Figure: see text] Springer International Publishing 2020-07-03 /pmc/articles/PMC7332346/ /pubmed/32617864 http://dx.doi.org/10.1007/s40199-020-00358-5 Text en © Springer Nature Switzerland AG 2020 |
spellingShingle | Short Communication Ayati, Nayyereh Saiyarsarai, Parisa Nikfar, Shekoufeh Short and long term impacts of COVID-19 on the pharmaceutical sector |
title | Short and long term impacts of COVID-19 on the pharmaceutical sector |
title_full | Short and long term impacts of COVID-19 on the pharmaceutical sector |
title_fullStr | Short and long term impacts of COVID-19 on the pharmaceutical sector |
title_full_unstemmed | Short and long term impacts of COVID-19 on the pharmaceutical sector |
title_short | Short and long term impacts of COVID-19 on the pharmaceutical sector |
title_sort | short and long term impacts of covid-19 on the pharmaceutical sector |
topic | Short Communication |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7332346/ https://www.ncbi.nlm.nih.gov/pubmed/32617864 http://dx.doi.org/10.1007/s40199-020-00358-5 |
work_keys_str_mv | AT ayatinayyereh shortandlongtermimpactsofcovid19onthepharmaceuticalsector AT saiyarsaraiparisa shortandlongtermimpactsofcovid19onthepharmaceuticalsector AT nikfarshekoufeh shortandlongtermimpactsofcovid19onthepharmaceuticalsector |