• Latest
  • Trending
  • All
EMA monitors the coronavirus impact on the supply chain

EMA monitors the coronavirus impact on the supply chain

March 11, 2020
Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

April 23, 2024
Top 5 Spend Analysis Software ranked in 2024

Top 5 Spend Analysis Software ranked in 2024

March 1, 2024
How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

January 19, 2024
LATAM Cargo strengthens European cargo links

LATAM Cargo strengthens European cargo links

April 14, 2020
Ford making reusable hospital gowns from airbag materials as efforts against coronavirus expand

Ford making reusable hospital gowns from airbag materials as efforts against coronavirus expand

April 14, 2020
Don’t Sweat NBC’s Decision to Cut Back on Television Ad Inventory

Don’t Sweat NBC’s Decision to Cut Back on Television Ad Inventory

April 14, 2020
Software firms sharpen focus on AI, big data as IT spending drops

Software firms sharpen focus on AI, big data as IT spending drops

April 14, 2020
Navigating turbulent times in your supply chain (TL:DR version)

Navigating turbulent times in your supply chain (TL:DR version)

April 14, 2020
Last Mile Delivery by Drones Market is Booming Worldwide

Last Mile Delivery by Drones Market is Booming Worldwide

April 14, 2020
AIR CARGO MARKET SIZE, SHARE, DEMAND, TREND, LATEST INNOVATIONS & APPLICATION ANALYSIS AND INDUSTRY GROWTH FORECAST 2027 – Science In Me

AIR CARGO MARKET SIZE, SHARE, DEMAND, TREND, LATEST INNOVATIONS & APPLICATION ANALYSIS AND INDUSTRY GROWTH FORECAST 2027 – Science In Me

April 14, 2020
Wheat procurement in Patiala: 6,500 coupons issued to farmers – cities

Wheat procurement in Patiala: 6,500 coupons issued to farmers – cities

April 14, 2020
Pandemic, Plastics And The Continuing Quest For Sustainability

Pandemic, Plastics And The Continuing Quest For Sustainability

April 14, 2020
  • Supply Chain
  • Logistics
  • Warehousing
  • Procurement
  • Shipping
  • More
    • Strategic Sourcing
    • Spend Analysis
    • Inventory
    • Contact Us
No Result
View All Result
United States International Supply Chain Commission
United States International Supply Chain Commission
Home Supply Chain

EMA monitors the coronavirus impact on the supply chain

by usiscc
March 11, 2020
in Supply Chain
0
EMA monitors the coronavirus impact on the supply chain
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The increasing prevalence of the coronavirus has led regulatory agencies including the US Food and Drug Administration (FDA) to monitor the supply chain​ for drug shortages that may occur, with the US agency having already identified the first such shortage​​.

Disruptions to the supply chain was foreseen by industry experts​, however, serious concerns were raised particularly after India, one of the main providers of active pharmaceutical ingredients (APIs) globally, set 26 APIs under export restrictions​.

In an announcement on Tuesday, the European Medicines Agency (EMA) stated that it is ‘closely monitoring’ the situation, adding that, at this point, no reports of shortages or disruptions due to the outbreak have been received.

However, the agency stated that, as the public health emergency develops, shortages or disruptions ‘cannot be excluded’.

Dedicated body​

To better respond to the situation, the EMA has formed the ‘EU Executive Steering Group on shortages of medicines caused by major events’.

The group is chaired by the European Commission and includes representatives of the European Commission, the Heads of Medicines Agencies (HMA), the EMA, the chairs of the Coordination groups for Mutual-recognition and Decentralised Procedures for both human and veterinary medicines (CMDh and CMDv), as well as risk communication specialists.

The group is planned to identify measures aimed at addressing the impact of the coronavirus outbreak on the European Union (EU) drug supply chain, and to coordinate actions in cases of ‘major events’, such as this outbreak.

According to the EMA, temporary lockdown of manufacturing sites in areas affected by the virus, as well as travel restrictions impacting shipment, put medicines in the EU at risk of supply shortage.

Furthermore, the group will be responsible for ensuring that patients and healthcare professionals across the EU are ‘consistently and transparently’ informed about the existing risks and actions taken.

Industry responsibility​

In its announcement, however, the EMA also highlighted the pharmaceutical companies’ responsibility to ensure the continuity of their products’ supply, through resilience measures such as the increase of stocks or dual sourcing of products and materials.

Pharmaceutical companies, such as Mylan​,​ have already published concerns and predictions of profit loss due to the outbreak and the disruption of operations in China.

Share197Tweet123
usiscc

usiscc

  • Trending
  • Comments
  • Latest
Escape From Tarkov – How to Rotate Items

Escape From Tarkov – How to Rotate Items

February 5, 2020
Supply chain examination: Planning for vulnerabilities you can’t control

Supply chain examination: Planning for vulnerabilities you can’t control

December 7, 2019
Procurement Project Manager job with Camden London Borough Council

Procurement Project Manager job with Camden London Borough Council

February 17, 2020
Art Battle Wichita Falls III at The Warehouse, 1401 Lamar.

Art Battle Wichita Falls III at The Warehouse, 1401 Lamar.

0
Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024 – ZMR News Reports

Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024 – ZMR News Reports

0
PHOTOS: Ottawa firefighters respond to warehouse fire

PHOTOS: Ottawa firefighters respond to warehouse fire

0
Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

April 23, 2024
Top 5 Spend Analysis Software ranked in 2024

Top 5 Spend Analysis Software ranked in 2024

March 1, 2024
How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

January 19, 2024
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • DMCA
  • Contact Us

Copyright © 2024 United States International Supply Chain Commission (usiscc.org)

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT
No Result
View All Result
  • Supply Chain
  • Logistics
  • Warehousing
  • Procurement
  • Shipping
  • More
    • Strategic Sourcing
    • Spend Analysis
    • Inventory
    • Contact Us

Copyright © 2024 United States International Supply Chain Commission (usiscc.org)