AstraZeneca's Cheng Sees Ireland as 'Ideal' Place to Operate

The video discusses the impact of COVID-19 and geopolitical tensions on global supply chains, emphasizing their importance for innovation and medicine production. It highlights AstraZeneca's role in vaccine distribution and the challenges of localizing supply chains. The discussion also covers future vaccine development, the need for global cooperation, and the impact of the US Inflation Reduction Act on research and development.

What is one of the main reasons the world is in a different place post-COVID-19?

• Decrease in technology use

• Geopolitical tensions

• Increased local production

• Reduction in global trade

Why is a global supply chain critical for the pharmaceutical industry?

• It simplifies the production process

• It eliminates the need for local regulations

• It ensures timely access to diverse starting materials

• It reduces the cost of medicines

How did AstraZeneca manage to supply COVID-19 vaccines to over 180 countries?

• By increasing vaccine prices

• By reducing vaccine efficacy

• By leveraging a global supply chain

• By localizing production

What is AstraZeneca currently focusing on in terms of COVID-19?

• Increasing vaccine prices

• Reducing vaccine production

• Localizing supply chains

• Developing new vaccines and antibodies

What is a potential challenge mentioned regarding global supply chains?

• Reduction in innovation

• Decrease in pharmaceutical demand

• Increased global cooperation

• Countries becoming more inward-looking

What does the Inflation Reduction Act influence in the pharmaceutical industry?

• Supply chain localization

• Medicine pricing

• Research and development

• Vaccine distribution

Why is Ireland considered an ideal place for AstraZeneca's operations?

• It offers a friendly operating environment and incentives

• It has no pharmaceutical industry

• It has the lowest production costs

• It is the only option available