Securing Your Manufacturing Capacity During the Pandemic

摘要

Lee spoke about the evolution of drug-product contract manufacturing and how the business has transformed in response to the ongoing coronovirus pandemic. He spoke about how COVID-19 affected life in South Korea described changes his company has madein how it approached sales, technology transfer, and manufacturing operations. As he put it, "Everything has changed."South Korea was one of the first affected countries from China's initial outbreak. Its stock market plummeted by 36%, all air travel was canceled, streets were empty, stores were closed, and automobile and manufacturing sites were closed. Hundreds of people lined up at pharmacies to obtain government-issued masks. No one attended weddings or funerals, hospitals were congested with patients, and schools were closed. He emphasized, however, that South Korea instituted an efficient tracking and tracer program as well as drive-through coronavirus testing. Although 11,000 of the country's 50 million inhabitants were sickened by the virus, the death rate of 2.5% (269 people) was one of the lowest in the world. Asian cultures adjusted to eliminating family-style dining and handshakes — and after a few months, South Korea was able to weather the pandemic without shutting down its economy.