Multiple countries should've been preparing manufacturing facilities well in advance, and those that couldn't should've been scrambling to order from every vendor just in case. A "war effort" if you will. Instead we got a very inward and reactionary response (lockdowns etc) but lacked that longer term visionary response which required foresight of only six months.
The following is my speculation, but - it's probably a consequence of having mostly lawyers in charge, and having elected representatives rather far removed from a direct democratic vote as in the case of the EU (although non-EU countries mostly responded in the same way by ignoring therapeutics and vaccines too)