Drug Shortages During COVID-19 Pandemic
Instructions
I am a goup member for a Final Paper on drug shortages during the COVID-19 pandemic. Each section must be clearly identified. My two individual sections to cover for the paper are:1. The product(s) and their market (hydroxychloroquine, midazolam, and fentanyl): Which segment of the pharmaceutical industry do these products belong to? How big is the segment? How big are the product's share of their industry? Who are the major producers?2. The Supply Chain that produces and delivers the products: Key players in the supply chain and their roles? Raw material suppliers? Transporters? Wholesalers/Distributors? Retailers? What value do they add?
Answer
Drug Shortages during Covid-19 PandemicThe Segment of the Pharmaceutical Industry Hydroxychloroquine, Midazolam, and Fentanyl Belong ToThe above drugs belong to the geographic segment. To cover a more significant number of consumers, the distributers have to consider the consumers' preferences in a particular area. Since the Covid-19 pandemic, the above drugs have been scarce, grouping them into Nation, state, or city is vital to cover a more significant market scope.The Size of the SegmentHydroxychloroquine, Midazolam, And Fentanyl are drugs that are used all over the world for the treatment of various sicknesses. For instance, Hydroxychloroquine can be used to treat Malaria and, allegedly, Corona Virus, hence on high demand. The above drugs lately are covering a more significant market s...
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