Health Business during The Corona Pandemic: between Opportunity and Humanity

Happy new year 2021 friends🥳. Hopefully the corona pandemic will end soon, the future will be better and more blessed. Aamiin. This blog article is the opening blog article early 2021. Hope it is useful.

 

The corona pandemic condition becomes a kind of business opportunity in the health sector. Includes: 

1. Free medicine

2. Herbal medicine

3. Medical devices (such as masks, thermometers, disinfectants, hand sanitizer, personal protective equipments, etc)  

4. Diagnostic test

5. Health supplements to increase body immunity

6. Lodging business for corona victims

7. Medical waste processing

8. Home fitness equipment to avoid exercising in the crowd

9. The corona vaccine

This business will increase in the past two years considering that many people are increasingly concerned about health, want to increase their immunity, and those who are infected with the corona want to get well soon.

I have read that there is a competition for the procurement of the corona vaccine. It turns out that nearly 200 companies are trying to develop a vaccine. They are competing to be the first with high benefits and safe to use. Originally, Sinovac vaccine seemed to be superior and has met the results of the phase three clinical trial. Not long after, RNA Pfizer, and Moderna vaccines also completed phase three clinical trials. All three are considered effective and competitive price. Even from the vaccine development efforts, the shares of the three companies increased.

The corona vaccine has become an urgent public need, it should put aside business interests and also politics. However, business must still exist for the continuation of the corona vaccine effort going forward, but it is not priority. Humanity must be the top priority. World Health Organization (WHO) has planned that the corona vaccine can be enjoyed by all countries, not just rich countries. They are pooling funds and expertise to provide vaccines to about 20 percent of the poor in financed countries. The subsidized corona vaccine price is only US$ 2, much cheaper than the price of the corona vaccine in the market around US$ 5-10. 

 

The  government cannot walk alone to carry out this vaccination program. The realistic possibility is to invite the private sector to participate. So, in the future some will be subsidized by the government and some will pay the private sector through this private sector. Of course everything is under government control.

Governments in various countries have agreed on the priorities for receiving the corona vaccine must be 18-59 years old, with professional priorities:

1. Vanguard group: medical officers, paramedic, nurse, police, army, Legal Officers

2. Religious/community leaders and regional, neighborhood, hamlet, and sub-district apparatus

3. Educators from all levels

4.  Government apparatus in general

5. Other communities aged 18 to 59 years old and eligible 

*especially children and the ederly should wait for clinical trials

(Source: Kompas Newspaper, and kompas.com).

The conclusion:  

1. During the corona pandemic, the health business is increasingly prospective, but must pay attention to business ethics considering that is a business in the midst of a disaster and many people have lost their jobs

2. This business is closely related to human values. So, don't take too much profit, especially hoarding items that could violate the law

3. There needs to be cooperation between the government and the private sector regarding business boundaries

4. According to WHO, vaccines cannot serve political interests. The state makes a big mistake in making vaccines a political instrument, it is tantamount to wanting the country to be destroyed according to an international community. Unlike weapons, they can be used as political instruments. But, vaccines can be used as the prestige and achievement of a country.

 

 

Please also come to my first blog (about animals, innovation, law, management, & soccer, full text Indonesia), third blog (about problems & electrical solutions, full text Indonesia), and fourth blog (about pets, full text Indonesia). May be useful. Thx. Here's the link: 

Blog 1: vickycahyagi.com
Blog 3: listrikvic.blogspot.com

Blog 4: petsvic.blogspot.com