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Biopharmaceutical Alliance

Biopharmaceutical Alliance:

India, South Korea, the United States, Japan, and the European Union (EU) have formed a Biopharmaceutical Alliance to address drug supply shortages during the COVID-19 pandemic.

  • The alliance aims to coordinate bio policies, regulations, and research and development support measures among participating countries.
  • Inaugural meeting held in San Diego during the Bio International Convention 2024, emphasized the importance of a reliable and sustainable supply chain.
  • The initiative originated from discussions between South Korea and the U.S. and expanded to include Japan, India, and the EU.
  • Shortages of Covid-19 vaccines occurred globally, impacting various countries’ vaccination efforts.
  • Drugs such as Remdesivir, used for treating severe Covid-19 cases, experienced shortages in many countries.
  • As COVID-19 cases surged, many countries faced shortages of medical oxygen, crucial for treating severe respiratory symptoms.
  • Shortages of PPE, including masks, gloves, and gowns, occurred worldwide, posing risks to frontline healthcare workers.