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>> HELLO AND WELCOME TO INSIDE
INDIANA BUSINESS. I'M GERRY
DICK.
THE CORONAVIRUS PANDEMIC HAS

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CLOSED SCHOOLS, SHOPPING MALLS,
CANCELLED BIG EVENTS AND FORCED
BUSINESSES TO LAY OFF WORKERS
AND IMPLEMENT EMERGENCY REMOTE

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WORK STRATEGIES.
GROCERY STORES, HOWEVER, ARE
WORKING OVERTIME TO KEEP STORE
SHELVES STOCKED.

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THE PANDEMIC HAS FORCED U.S.
AUTOMAKERS TO TAKE EMERGENCY
ACTION. IN LAFAYETTE, SUBARU OF
INDIANA AUTOMOTIVE IS SUSPENDING

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PRODUCTION NEXT WEEK AND ALL
ASSOCIATES WILL RECEIVE FULL PAY
DURING THE ONE-WEEK SHUTDOWN.
GM, WHICH HAS MAJOR FACILITIES

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IN FORT WAYNE, BEDFORD, MARION
AND A SMALLER OPERATION IN
KOKOMO, IS SHUTTING DOWN ALL
PRODUCTION THROUGH MARCH 30.

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LIKEWISE, AMERICAN HONDA MOTOR
CO. IS SHUTTERING U.S.
PRODUCTION BETWEEN MARCH 23 AND
MARCH 30...INCLUDING AT ITS

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ASSEMBLY PLANT IN GREENSBURG.
HONDA SAYS WEEK-LONG SHUTDOWN
WILL REDUCE PRODUCTION BY ABOUT
40,000 VEHICLES.

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GOVERNOR ERIC HOLCOMB HAS
ORDERED ALL BARS, NIGHTCLUBS AND
RESTAURANTS TO CLOSE TO
IN-PERSON PATRONS, THOUGH THEY

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MAY PROVIDE TAKEOUT AND DELIVERY
SERVICES THROUGH THE END OF THE
MONTH.
ADDITIONALLY, SIMON PROPERTY

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GROUP CLOSED ALL OF ITS 200-PLUS
MALLS AND RETAIL PROPERTIES
NATIONWIDE UNTIL MARCH 29.
A LOT TO TALK ABOUT.

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THE U.S. GOVERNMENT IS LOOKING
TO THE PRIVATE SECTOR FOR
ANSWERS TO THE PANDEMIC...AND NO
BETTER EXAMPLE OF THAT THAN

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RIGHT HERE IN INDIANA.
AFTER RECEIVING EMERGENCY USE
AUTHORIZATION FROM THE FDA,
ROCHE DIAGNOSTICS IN

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INDIANAPOLIS BEGAN SHIPPING THE
FIRST OF HUNDREDS OF THOUSANDS
OF COVID-19 TEST KITS.
AND I'M PLEASED TO WELCOME ROCHE

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DIAGNOSTICS SENIOR VICE
PRESIDENT RANDY PRITCHARD WITH
MORE ON A STORY THAT GRABBED
GLOBAL HEADLINES.

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RANDY, WELCOME TO THE PROGRAM.
>> GERRY, THANKS FOR HAVING ME.
>> WE'RE FURTHER AWAY TO KEEP
OUR SOCIAL DISTANCING. WE

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APPRECIATE YOU COMING IN.
AMAZING STORY HOW THIS CAME
TOGETHER SO QUICKLY IN TERMS OF
THE TEST KITS AND ROCHE

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DIAGNOSTICS HERE IN INDIANA
SERVING AS THE DISTRIBUTION HUB
IF YOU WILL. TALK ABOUT THE
NORMAL PROCESS THAT THESE TEST

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KITS ARE DEVELOPED AND WHAT YOU
DID IN THIS CASE.
>> IN MOST SITUATIONS, OUR
STANDARD PROCESS, IDENTIFICATION

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OF A VIRUS THAT WE WOULD LIKE TO
HAVE A TEST FOR TO SUBMISSION
AND APPROVAL BY FDA CAN BE
ANYWHERE FROM A 18 TO A 24-MONTH

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PROCESS. IN THIS SITUATION,
THANKS TO INCREDIBLY TIGHT
ALIGNMENT WITH OUR RESEARCH AND
DEVELOPMENT TEAM, FOOD AND DRUGS

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ADMINISTRATION AND OFFICIALS, WE
WERE ABLE TO DO THAT FROM SIX
WEEKS TO THE IDENTIFICATION OF
THE SEQUENCE OF THIS VIRUS TO

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HAVING EMERGENCY USE CLEARANCE
FOR THIS TEST.
>> AMAZING, AND SO MANY PIECES
AND PARTS OF THE COMPANY CAME

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TOGETHER TO DO THIS, FROM R&D,
DISTRIBUTION, THIS REALLY WAS A
NATIONAL EFFORT, RIGHT?
>> REALLY NATIONAL AND

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INTERNATIONAL EFFORT. OUR
SCIENTISTS IN CALIFORNIA IS OUR
INTERNATIONAL CENTER OF
EXCELLENCE FOR PCR TESTING AND

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WERE ABLE TO DEVELOP THIS KIT
AND PULL THAT TOGETHER.
MANUFACTURING ON THE EAST COAST.
THE INSTRUMENTS THAT RUN THE

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TEST ARE DESIGNED AND DEVELOPED
IN SWITZERLAND. THE DISPOSABLES
FROM OTHER LOCATIONS. REALLY AN
INCREDIBLE EFFORT TO BRING THIS

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TOGETHER IN SIX WEEKS TO HAVE A
PRODUCT HERE READY TO SHIP FROM
THE WAREHOUSE.
>> AND THIS IS A LOT OF PRODUCT,

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TOO, 400,000 PER WEEK NOW.
>> PER WEEK. YES, LAST FRIDAY WE
STARTED SHIPPING OUR FIRST KITS,
HAD THOSE OUT EARLIER THIS WEEK.

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WE HAD THE SECOND BATCH,
400,000, SHIPPING OUT TODAY, ON
A WEEKLY BASIS, WE'LL BE
DELIVERING 400,000 TESTS TO LABS

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ACROSS THE UNITED STATES.
>> THIS IS A PIECE OF THE
BUSINESS, BUT ALSO, I WOULD
ASSUME THAT FOR ROCHE DIAGNOSTIC

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THE AND THE WORKERS, MAYBE A BIT
OF PRIDE IN BEING ABLE TO PUT
SOMETHING LIKE THIS TOGETHER IN
SUCH A QUICK TIMELINE.

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>> TREMENDOUS, RIGHT. THAT'S
WHAT WE DO. THAT'S WHAT WE'RE
VERY PROUD OF. EVERY DAY OUR JOB
HAS AN IMPACT ON PATIENTS,

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HEALTHCARE PROVIDERS WHO SERVE
THEM. AND SO TO BE ABLE TO DO
SOMETHING LIKE THIS, WE ALL SEE
WHAT'S GOING ON, HERE IN THE

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UNITED STATES AND ACROSS THE
GLOBE, AND TO BE ABLE TO BRING A
SOLUTION FORWARD LIKE THIS, IT'S
CERTAINLY A TREMENDOUS AMOUNT OF

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PRIDE, BUT ALSO WE KNOW THERE'S
STILL A LOT OF WORK TO DO.
>> I THINK IT UNDER SCORES THE
FINANCIAL FOOTPRINT ROCHE HAS IN

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INDIANAPOLIS, U.S. HEADQUARTERS
FOR DIAGNOSTICS, 3,000
EMPLOYEES.
>> ABSOLUTELY. THIS IS OUR

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COMMERCIAL HUB FOR NORTH
AMERICA, AND 3,000 PEOPLE
DEDICATED EVERY DAY TO HELPING
PATIENTS, DOING NOW, WHAT

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PATIENTS NEED NEXT IS WHAT WE
TALK ABOUT.
>> AT THE SAME TIME, YOU, LIKE
OTHER COMPANIES ARE DEALING AND

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WANTING TO PROVIDE THE BEST
ENVIRONMENT FOR YOUR EMPLOYEES
DURING THE PANDEMIC, AND THAT'S
NO SMALL TASK.

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>> CERTAINLY NOT. WE'VE
OBVIOUSLY BEEN FOLLOWING THIS
SINCE THE VERY BEGINNING. AND AS
APPROPRIATE IMPLEMENTED

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DIFFERENT LEVELS OF OUR PANDEMIC
PLAN, WE ARE AT OUR RED LEVEL,
WE'RE AT A POINT ON CAMPUS WHERE
IT'S ESSENTIAL PERSONNEL ONLY,

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CAMPUS IS LOCKED, OBVIOUSLY
FOLKS IN MANUFACTURING TO KEEP
PRODUCTS COMING OUT,
DISTRIBUTION, WE KEEP SHIPPING

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THEM, AND THE BARE BONES
INFRASTRUCTURE THEY NEED TO BE
ABLE TO KEEP DELIVERING.
>> MAJOR EFFORT BY ROCHE

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DIAGNOSTICS AS PART OF THIS
ATTACK ON THE PANDEMIC, RANDY