Scrip Asks…What Does 2021 Hold For Biopharma? Part 2: COVID-19 Shock Waves And Silver Linings

17 Ways In Which Pandemic Will Change Biopharma Industry

 
• By Eleanor Malone
  
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Executives expect the changes wrought by necessity in the face of a global pandemic to have lasting effects, both positive and negative, on the biopharma sector. Here they share their predictions for the coming year.

Scrip Ask Part 2
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SCRIP ASKS…What Does 2021 Hold For Biopharma?

A broad survey of the industry's expectations for the year to come

Every December, Scrip asks industry leaders and experts to share their expectations for the year to come. With responses from more than 200 professionals, Scrip Asks…What Does 2021 Hold For Biopharma? provides an unprecedented insight into the biopharma universe's collective crystal ball. With the hopes of global humanity's recovery from the COVID-19 pandemic resting so heavily on this sector, our second installment focuses on the knock-on effects of the pandemic on the industry. The full list of installments:

"The coming year will be remembered for the epic alteration to our society." These words from Pam Contag, CEO and co-founder of BioEclipse Therapeutics, Inc., encapsulate the enormity of COVID-19's effect on humanity. While much energy will continue to be expended by the biopharma industry in taming the virus and reducing its impact in 2021, we will also start to see how changes in the way things are done, brought about by necessity in 2020, will lead to longer-lasting and far-reaching alterations.

As Ilya Yuffa, president ofEli Lilly Bio-Medicines, said, "The past year has taught us to be laser-focused on big,...

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