COVID-19 Pandemic has brought several direct impacts in Indonesia to make every sector decrease especially in Capital Market since March 2020. COVID-19 is the main impact that affected to decrease the value of ICI in every sector on the stock exchange. However, there is a sector that seems capable to survive during the Pandemic, which is the consumer goods industry sector. One of the successful sectors coming from the consumer goods industry sector is the pharmacy business sector (INAF and KAEF). The research aims to analyze INAF and KAEF stocks during the Pandemic, whether both stocks can survive or not by using a various approach such as global economy, the impact of foreign and domestic policies, the effect of PSBB (Large-scale Social Restrictions), also the lockdown which being held in March-December. The method that is used is qualitative, as the data were collected from ISE (Indonesia Stock Exchange) and Yahoo Finance. The result of this research shows that INAF and KAEF stocks can survive and highly increase the stock price during the COVID-19 Pandemic.

The virus that causes COVID-19, SARS-CoV-2 continues to undergo mutations forming new variants. The latest variant that has been detected, namely the Omicron variant known as the B.1.1.529 variant.  The Omicron variant has a high transmission rate of up to 5 times that of the previous variant including the Delta variant. The speed of transmission that occurs in South Africa is still being carried out epidemiological studies to find out whether this is caused by Omicron or other factors. Transmission is easier to occur in individuals who have not received the vaccine and this can also cause complications in their treatment. Nonetheless, some countries are concerned about pressure on health systems due to the increased need for hospitalizations as the rate of transmission of this variant is much higher. Viral replication occurs 70 times faster in the respiratory tract, but 10 times slower when in human lung tissue.  Because one of the efforts that can be done to avoid Covid-19 is to use a vaccine, it can help protect people around from the corona virus. Especially people who are at high risk of severe illness from COVID-19. By seeing these problems, it is necessary to have health counseling in getting to know the new variant of Covid-19 (omicron) and increasing public awareness of how important Covid-19 vaccination is