Who’s affected by this pandemic?
The pandemic has affected almost all sectors. The key among them is the pharmaceutical industry. People have been rushing to pharmacies and Antigen test near me in the hope of getting drugs. They hope to get some that they can use during this unpredictable time. And this rush has not been without its effects on the industry. Take China and India as an example in this case. These regions are home to some of the world’s largest pharmaceutical manufacturing companies. When the lockdowns and Test To Release on these regions started, production in these companies reduced significantly. It was not possible to tell how many people could continue with the manufacturing processes at the time. The result was a decreased availability of drugs. This reduction was regardless of whether they were vital in the fight against covid. There is a light at the end of the tunnel now.
Some of the Chinese companies are now back in operation. It owes to the reduction of covid cases in the country, and the big companies are back at it. It is not clear whether smaller companies can resume their activities with the previous zeal that they had. Why is that? Well, most companies, whether drug-related or not, will often have stockpiles to last them a considerable while upon disruption. The stocks can last for months leading to years. However, these stocks can only serve the market for so long. If trouble comes about for an extended while, these stocks can reduce. And this is what leads to shortages in the market.
What will happen next?
If this pandemic continues, you know what happens when it comes to supply and demand laws. Who do the shortages affect? First, the companies that release drugs reduce their production rates. They do not have much to work with when their labour force is on lockdown. They thus suffer massive losses in the time of the shortage. Also, there are concerns as to treating chronic conditions at this time of COVID 19. Some drugs will, therefore, lose a market. These drugs would otherwise have been in high demand. But with people opting out of treating some conditions, they are on the losing end. Secondly, companies that rely on pharmaceutical manufacturers suffer. It owes to the hoarding of active ingredients. Some people search for this medicine in Antigen test near me, but companies do so for fear that the shortage may last a while. That means that reliant companies cannot make some drugs as they lack vital ingredients