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China Declares Outbreak Past Peak, But Drug Makers Far From Recovery

Good Old Days May Never Return?

 
• By Brian Yang

Clinical studies in hiatus, marketing on hold, demand directionless and supply disrupted. Pharma firms in China say it’s likely the good old days may never come back.

CONSUMERS SLOWLY RETURN TO BEIJING'S BUSIEST SHOPPING DISTRICT ON MARCH 7
SHOPPERS SLOWLY RETURN TO BEIJING'S BUSIEST SHOPPING STREET SANLITUN ON MARCH 7 • Source: Brian Yang

One day after the World Health Organization declared the coronavirus outbreak a global pandemic, China’s National Health Commission (NHC) determined that the outbreak had reached its peak in the country.

At a 12 March press briefing, an NHC spokesman said that, given that confirmed daily cases had dropped to the single digits in Wuhan, and nearly zero outside the

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