The short-term hit to company financials as reported in the 2020 second quarter earnings season, with patient visits greatly reduced during April and May, will be compounded by a longer-term loss of R&D momentum as clinical trial sponsors have been forced to take defensive measures. While it is still too early within the lifetime of the pandemic to point toward any slowdown in regulatory filings and drug approvals, this article quantifies the disruption to clinical trials and the accompanying slowdown to pipeline progression.
The pandemic has certainly wounded biopharma R&D, and with an acceleration back to normal levels unlikely in the immediate future,...
