Life Science Industry Development Report

COVID-19 and Life Science Industry • Impact on Global Life Science Environment - - Supply chain blockages Drug and labor shortages Materials and finished goods shortages Clinical trial halts Surging demands for COVID-19 related medical products • Turn Crises into Opportunities in China - Produced 90% of APIs used in generic drugs - Increased exportation of medical protection products - Accelerated researches on related diagnosis kits and vaccines Concentrated geographic centers for research and manufacture Morgan Lewis Source: POTENTIAL IMPACT OF CORONAVIRUS (COVID-19) ON THE PHARMACEUTICAL AND BIOTECH INDUSTRIES, Morgan Lewis law flash 62

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