ARTICLE | Product Development

BioCentury survey finds action lags concern about COVID-19's business impact

Biotech execs and investors express ample concern but take little action to avoid business disruptions from COVID-19

March 7, 2020 3:45 AM UTC
Updated on Mar 11, 2020 at 12:14 AM UTC

While biotech executives and investors are clearly worried about how COVID-19 will affect their businesses, a minority has done anything about it. Top of mind is disruption to clinical trials. The effect of an economic downturn on fund-raising is another big concern, though investors are more concerned for portfolio companies than themselves.

BioCentury conducted a survey of 73 biopharma executives and investors on the impact of the COVID-19 outbreak...