COVID-19 is placing its impact on various companies and businesses at this time. Many have been closed if they are considered nonessential. However, many businesses are still deemed essential and are continuing to work through the current lock down. Companies that are essential do not only include hospitals and groceries stores. I was able to have the opportunity to speak with the director of finance of a biopharma company to get a better understanding of how different companies are operating and overcoming this pandemic.
Christina: Where is your company located?
Anonymous: My company is located in Waltham, Massachusetts.
Christina: How long have you been with this company?
Anonymous: I have been working with this company for over 7 years.
Christina: How has COVID-19 affected your business? What kind of changes have you made to be able to still accommodate your customers or clients needs? Is there anything you would like people to know?
Anonymous: Our company makes antidepressant drugs and this is considered an essential business. Our manufacturing plants are still running at full speed. The rest of the company and office workers are working from home indefinitely. Our clients/customers are hospitals, state agencies, pharmacies, and major drug distributors. Luckily, sales have not been impacted by the current situation. It’s challenging to work from home full time, but it is do-able and we just achieved our Q1 financials. Our company has the understanding that everyone works differently at work especially with kids and other responsibilities. Overall I feel very lucky that my work life hasn’t been affected and that our business is essential to our society. The company is also working on a re-entry program in the coming month but with certain departments having priority over others. For example, the scientists will probably get back into the office first so they can continue working in the lab. Senior management has been doing daily briefing on the situation to keep us posted.
As a healthcare provider I am constantly prescribing antidepressants, especially during this time of high anxiety related to the COVID-19 pandemic. It is so important that patients continue to receive their medications as prescribed. It is so amazing to learn how this biopharma company is able to continue to manufacture medications during this time in order to make sure patients are able to maintain their mental health and safety.
**Some names and identifying details have been changed to protect privacy of individuals.**
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