June 04, 2020

COVID-19 and the Pharmaceutical Industry in Singapore and Myanmar: A Comparison of Developed and Frontier Markets

By William D. Greenlee, Jr., Esq., DFDL Asia Law Firm, Singapore

The COVID-19 Coronavirus pandemic continues to wreak havoc and sow disruption around the world. In response, health authorities, pharmaceutical companies, life science laboratories and research centers (the “Pharmaceutical Industry”) are scrambling to develop potential treatments, viable inoculations, test kits and related products (the “Products”). The efficient and speedy legal rollout of the Products will be critical. Historically, pharmaceutical products have been rolled out (since the mid-1800s) when the modern pharmaceutical industry evolved from local apothecaries distributing botanical drugs such as morphine and quinine to wholesale manufacturing. In today’s interconnected markets, however, such rollouts are global in nature and must satisfy the regulatory variations and legislative nuances of numerous relevant local jurisdictions. In the midst of the current crisis, it is increasingly incumbent upon all participants to be proactive, responsive and adequately prepared for this global rollout.

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