Meetings with prospective investors will likely be done via video or phone calls. FMTNews HK
The coronavirus outbreak has led to a slump in deals as scores of flights have been cancelled.
In a sign of the disruptive impact of the epidemic – which has killed more than 2,600 people and infected 80,000 globally – is having on in-person deal making, InnoCare Pharma Ltd is considering holding most of the meetings with prospective investors via video or phone calls, according to people familiar with the matter.
The coronavirus outbreak has led to a slump in deals as scores of flights have been cancelled into and out of China, hampering company executives’ and bankers’ travel, while many employees in the region have been forced to work from home in an effort to avoid contagion.
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