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As regions around the world enter different stages of the pandemic, our executive team provides an update on COVID-19, including a perspective on the road to recovery and an outlook on how this crisis might accelerate innovation and resilience for the global healthcare ecosystem. Content includes a novel, quantitative index to assess readiness to reopen; an update on the medical understanding of the virus, and the progress of treatment and vaccine programs; a perspective on recovery for clinical trials; and a review of the impact COVID-19 has had on healthcare stakeholders, and what it means for life sciences companies.