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Joe Hage
๐Ÿ”ฅ Find me at MedicalDevicesGroup.net ๐Ÿ”ฅ
March 2020
How will Coronavirus affect your year?
< 1 min reading time

I have two clients who source parts from โ€“ you guessed it โ€“ Wuhan, China. One’s basically out of business, so he postponed a medical device marketing project with me.

Then there’s the 10x Medical Device Conference in April. My beloved alumni say, “Unless something happens in San Diego, I’ll be there.” Still, if it gets canceled for reasons outside my control, I may be liable for ๐˜ต๐˜ฆ๐˜ฏ๐˜ด ๐˜ฐ๐˜ง ๐˜ต๐˜ฉ๐˜ฐ๐˜ถ๐˜ด๐˜ข๐˜ฏ๐˜ฅ๐˜ด with Hyatt. It will wreck my year.

Today’s headlines include:
> Virus dims hopes for faster growth in 2020: IMF
> ‘Thereโ€™ s a chance rates could go negative in the U.S.’

๐—ฆ๐—ผ ๐—œ ๐—ฎ๐˜€๐—ธ ๐˜†๐—ผ๐˜‚:
1. Will you be affected? How?
2. Are you powerless to offset?
3. How will you cope?

An important discussion for us, I’m sure you’ll agree. Please weigh in.

๐”ธ๐•ƒ๐•Š๐•†
๐Ÿญ๐Ÿฌ๐˜… ๐—ฆ๐—ฎ๐—ป ๐——๐—ถ๐—ฒ๐—ด๐—ผ ๐—ฐ๐—ฎ๐—ฟ๐—ฟ๐˜†๐—ถ๐—ป๐—ด ๐—ผ๐—ป ๐—ฎ๐˜€ ๐—ฝ๐—น๐—ฎ๐—ป๐—ป๐—ฒ๐—ฑ. To minimize your risk, I’m offering full refunds (less credit card fees) up until the week before the event.

It’s our tenth reunion and we’ve got a terrific faculty. The agenda at medgroup.biz/10x.

๐”ธโ„•๐”ป
๐—œ ๐˜€๐—ฒ๐—ฒ๐—ธ ๐—ฅ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ผ๐—ฟ๐˜† ๐—ฎ๐—ป๐—ฑ ๐—ค๐˜‚๐—ฎ๐—น๐—ถ๐˜๐˜† ๐—ฐ๐—ผ๐—ป๐˜€๐˜‚๐—น๐˜๐—ฎ๐—ป๐˜๐˜€. Email me for details.

โ€“ Joe Hage

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Posted by Joe Hage
Asked on March 11, 2020 5:23 pm
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Joe Hage

Robyn (Smith) Barnes
Business & Real Estate Writer, Regulated Industry Business Development, GxP Lifeline Media Professional
People have a greater risk of catching the flu. The panic is non-productive.

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Joe Hage

Michael Harper
Multi Modality Medical Imaging Field Engineer

https://www.wsj.com/articles/a-corona-sanders-panic-ebbs-11583279260?redirect=amp

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Joe Hage

Danielle J. Schweizer, MBA
Technical Recruiter and Life Sciences Professional
Best of luck to all!
All we can do is our best to stay safe and minimize the havoc using common sense measures and heeding warnings, to the extent that is possible.
Joe: Iโ€™m very sorry youโ€™re dealing with this situation! I sincerely hope all works out for you, as well as those who are planning to attend.

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Bruce Carlson
Publisher of Kalorama Information, Part of Science and Medicine Group
COVID-19 is a dual-edge sword, on one hand it affects supply of medical device, IVDs directly but the crisis has also highlighted the need for innovative devices, drugs and generally highlights the need for healthcare spending and the cost of not having better systems in place. I suspect it will be an argument throughout this year for device/test approval reform and for more spending.

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Becky Brooks - Available Remotely Only
Technical Writer and Business Owner at Professional Writing Services
They will find a cure for it and I won't be affected at all. I don't go out much either.

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Becky Brooks - Available Remotely Only
Technical Writer and Business Owner at Professional Writing Services
They will find a cure for it and I won't be affected at all. I don't go out much either.

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Joe Hage

Joe Hage
Chairman at Medical Devices Group
I suspect a bit of overlap in our services, Becky, since I, like you, write copy for a living. That forsaken marketing assignment I mentioned would have been a five-figure job. Nothing to be done about it, I suspect, but I wouldn't be too sure you won't be "affected at all."

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Becky Brooks - Available Remotely Only
Technical Writer and Business Owner at Professional Writing Services
I am just not negative. That is all.

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Rob West
I'm your authority on complex financial matters; solutions that separate taxes and liability from enjoyment of life.
Sorry to hear of your expense and exposure Joe. Talk of this spreading fast. I do specialty asset protection trust work and business owners who have signed personally for business financing that may go south are contacting me to protect their homes, which they can do if I hear of their situation soon enough. Best of luck Joe.

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Joe Hage

Joe Hage
Chairman at Medical Devices Group
I appreciate it, Rob . I share my personal story here to illustrate the larger point: I'm not in any of the obviously-going-to-be-affected industries (tourism, etc.) but it's hitting me too. The conference is one thing, but postponing a new website, I suspect, isn't the first thing people consider. It's pervasive.

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Chris Knorr
Team & Proejct Leader MedTech at Sanofi
I would recommend an online conference this year. Things are only going to get worse. I am aware of many companies now with global travel bans.

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Joe Hage

Joe Hage
Chairman at Medical Devices Group
I've considered it, Chris, but ask any alumnus: The event ๐Ÿ…ธ๐Ÿ†‚ the event.

I liberally share, "We won't teach you a single thing you couldn't have learned online."

No, we're at our desks 362 days annually. This is our one chance to get together and share a meal with like-minded people. I give this 'background speech' to every single prospective attendee," adding, "if you need to justify your ROI with how many leads you'll get, don't come."

I say, "These are my ๐˜ง๐˜ณ๐˜ช๐˜ฆ๐˜ฏ๐˜ฅ๐˜ด. Please don't prey on them. If you want to come to ๐˜ญ๐˜ช๐˜ด๐˜ต๐˜ฆ๐˜ฏ and openly share ideas, you may just find a new lifelong partner, resource, or someone who knows someone who can help you get where you want to go."

I can't yet fathom how to replicate ๐Ÿจ online. But suggestions welcome!!

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Joe Hage

Joe Hage
Chairman at Medical Devices Group
They just closed my son's school ๐™›๐™ค๐™ง ๐™ฉ๐™๐™š ๐™ฃ๐™š๐™ญ๐™ฉ ๐™ฉ๐™ฌ๐™ค ๐™ฌ๐™š๐™š๐™ ๐™จ! https://www.nsd.org/blog/~board/superintendent-blog/post/letter-to-families-all-schools-closed-march-5

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Charles Maffei
VP Sales Marketing | Operations | Medical Devices | USA Remote | Open to opportunities
Joe, if you need some consultants I know a few very good ones that I believe are reasonable. Let me know if I can help.

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Joe Hage

Joe Hage
Chairman at Medical Devices Group
Yes, please DM me with their contact information. I'm actually looking on behalf of a friend. I'll connect with you now so you don't have to burn an InMail.

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Sherman Couch
Lead Electrical Engineer in Contract Role at Undisclosed Cincinnati Based Corporation
My view of life has always been about unforeseen consequences. The short term consequences, in my universe are yet to be encountered, but they are coming. The long term, perhaps a year from now, I hope we will look back on this the same way we looked back on the "Swine Flu Pandemic" in 2009 or 1976, in other words, I hope the worse case scenarios are never even close to being seen. And what are the consequences of what we do encounter? From my view, its hard to see. Thank you for asking this excellent question. SC

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Brian Packard
President & CEO at Minnesota MedTec, Inc.
We have customers all over the world, China, Korea, Japan, Brazil, USA, etc. Haven't seen anything change yet. We have checked our supply line and it seems to be ok so far. A bit worried about some material components.

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Jerry Flathers
President, Flathers Precision, Inc.
Well, since I make ventilator components right here in the good ole U.S. of A, we have been hit hard..... With higher demands for parts faster and being offered exorbitant expedite fees..... And with the fall of the Chinese manufacturing, we only benefit more here in America. I wish no ill on anyone...... But from a business owner in America, they've got this coming to them. It would be a shame to let a good crisis go to waste. Instead, America will use it to their advantage to boost production and bring the work back home....

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Sue Eckert
Sales & Account Management Professional
true that. i love vintage and it is amazing to see how much use to be made here. Bring back the ability to manufacture here! Of course, I don't want sickness to cause that to happen. That is the steep downside to this. I would love to see our country make our own things again.

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Robert Garvie
Outside Director at CIRCULOGENE
Probably get some great deals on intโ€™l first class airline seats! Iโ€™m going to DisneyWorld in Paris!

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Joann Evans
Molecular Biologist/Microbiologist/Certified Strengths Coach/Gallup BP10/GxP/ QMS/ Advisor/Engineer/Consultant
Oh, I would give the world to go do that. My kids just went. I just got to watch the dogs. Imagine that!

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Robert Garvie
Outside Director at CIRCULOGENE
Joann E. Go for it then! Hotels and Airline seats are empty! Maybe the park wonโ€™t be so crowded either.))

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Sue Eckert
Sales & Account Management Professional
Joann E. That is my Mom's job too. lol but those are her grand dogs and has no grand kids so she runs with it.

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Joann Evans
Molecular Biologist/Microbiologist/Certified Strengths Coach/Gallup BP10/GxP/ QMS/ Advisor/Engineer/Consultant
Robert Garvie I sure wish I could.

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Joe Hage

Joe Hage
Chairman at Medical Devices Group
Your comment did get my wife to look up prices to the Galapagos, one of her bucket-list destinations. Of course, this won't help the hole in my fiscal year, but you know the 'happy wife' saying. ยฏ_(ใƒ„)_/ยฏ

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Philip K Stubbs
Medical Device Consultant at N/A
Looks like interest rates will fall!

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Philip K Stubbs
Medical Device Consultant at N/A
Philip K Stubbs And I'm correct!!

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Edward Erasmus
UV-C Germicidal lighting offers sanitation of air , surfaces or water. We consult and offer solutions.
We all have to make use of added prevention. This does not replace standard practices or cleaning procedures. It just improves our environment and with growing population in areas out cleaning too needs to have added procedures.

Chemical free UV-C is known to deactivate any superbug. Added prevention is adding structure to our changing world. Each issue has a solution and uv-c is not the only one.

www.ozoneuv.co.za

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Joe Hage

Joann Evans
Molecular Biologist/Microbiologist/Certified Strengths Coach/Gallup BP10/GxP/ QMS/ Advisor/Engineer/Consultant
Wow...what is the timeline for cancellation of the hotel rooms you reserved? Do you have time to cancel without being fined?

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Joe Hage

Joe Hage
Chairman at Medical Devices Group
We'll see. I'm talking with Hyatt now and will push the event back if I can do so without usurious penalties.

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Joe Hage

Joann Evans
Molecular Biologist/Microbiologist/Certified Strengths Coach/Gallup BP10/GxP/ QMS/ Advisor/Engineer/Consultant
Good luck - I'll say a little prayer for your success!!,

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Joe Hage

Steve Eyre
Distribution Specialist Receiving Dock
This affects so many lives. You think about it. There will be no Olympics, March Madness the NCAA BB will have no crowds. The Base Ball Games no one will show up. No Handshakes, Hugging or kissing. No concerts. No traveling. Asian Cafes will go bankrupt. Our lives are on hold until they come up with a cure soon.

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Steve Eyre
Distribution Specialist Receiving Dock
I love to travel, but now I guess going have to stay home.

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Mark Tapsak
Medical Device and IP consultant
I'm reacting to this situation by jumping over a personal risk aversion hurdle. Based on feedback and interest from a few healthcare clients, I'm in the process of setting up a new contract research laboratory near the Washington D.C. area - low overhead in my small town so I'm able to offer pretty competitive rates. Expertise in materials, medical device design and testing.

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Joe Hage

Tiger Buford
Retained Recruiter in the Orthopedics Industry ๐Ÿ”ธOrthopedics lifer ๐Ÿ”ธOrthopedics blog & podcast ๐Ÿ”ธ[email protected]
The coronavirus pandemic and the US orthopedic industry
https://orthostreams.com/2020/03/how-will-the-coronavirus-epidemic-effect-orthopedics-business/

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Joe Hage

Tiger Buford
Retained Recruiter in the Orthopedics Industry ๐Ÿ”ธOrthopedics lifer ๐Ÿ”ธOrthopedics blog & podcast ๐Ÿ”ธ[email protected]
The coronavirus pandemic and the US orthopedic industry
https://orthostreams.com/2020/03/how-will-the-coronavirus-epidemic-effect-orthopedics-business/

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Joe Hage

Rani Shifron, Innovation Enabler, ๅ†‰ๅฐผ
I DELIGHT MEDTECH & DIGITAL HEALTH EXECUTIVES โ–  Scouting, Strategies, Validation, Partners, Funding โ–  Keynote Speaker
Yes this will affect everyone, but everyone needs to adapt such as Online conventions. Also this opens up opportunities for things such as tele health; distance learning and so much more. Suggest everyone to use a good lawyer to make agreements with such groups as Hotels that allows you to get out of force Majuro situations

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Joe Hage

Benjamin Ghanoongooi
Senior Quality Assurance Consultant at GIL Intl CSvs Inc
Hello Joe Hage, Just checking in with you to see if you recently heard from Ms. Brenda Davis. If you have not and still confused of what you did last summer you may contact me when you are ready to be a responsible, ethical administrator of such group. Otherwise misinforming the public would certainly be a False Claim Act, and possible open door for class action and government oversight with penalties attached to it.
Have a nice day.

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Paul Sรฉraphin TOE
Contrรดleur de gestion, Responsable RSE, Auditeur qualitรฉ chez sopafer-b
Warm: Hello dear correspondent
I am in West Africa and sympathetic to your structure. I am also currently informed about the coronavirus. I work with the VERWAY Industrial Firm from Germany in the field of medicine. As I speak, there is a pharmaceutical product from the company that cures COVID - 19 (Coronavirus). So if you are interested contact me.

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z

Steven Hill
Equity Portfolio Manager focused on SmallCap equities employing bottom-up fundamental analysis
1. I live in New York City. It's coming.

2. Not completely. I can follow hygiene guidelines. I can also monitor legitimate news sources. I have found a combination the CDC, WHO and the NYT to be effective. I also talk to doctors.

3. I have honestly giving this no thought.</p

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Leslie Williams
Strategic Medical Device and Regulatory Content Management | Digital Marketing | Social Media Management | Copywriter
And to answer your questions (and not especially in order):

1. The virus is here in NH, and being spread in part by a moronic fellow who went to a sizable party AFTER being diagnosed. ๐Ÿ˜  Because I work part time in an ER setting, we have been put on high alert, fitted for N95 masks (which, oddly enough, keep disappearing๐Ÿค”) and educated on proper procedure when a suspected COVID-19 patient does come through our doors. I don't anticipate any business impact, but one reason I keep the part-time job is to prepare for downturns in my side hustle.

2. See above. I am powerless to stop the spread of the virus, but because I am overly cautious I expect to ride out any virus-related storm.

3. See above. But if I am exposed to the virus or become ill with it, then I will quarantine at home and avoid family, friends and neighbors until cleared.

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Joe Hage

C. Yusuf Mumtaz
Medical Device Sales Executive
My regional sales meeting with one of my principals has been cancelled; a medical education event has been postponed by four months.

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Aryan Dhawan

There is a rise in Covid-19 cases again and because we've let our guard down. We need to be more careful and start taking precautions like everyone used to. Smart Medical Buyer is India's largest medical supplies superstore. They have the a large collection of Covid-19 essentials and other products. Check it out and stay home and stay safe.
https://www.smartmedicalbuyer.com/

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