I will discuss the modifications that occur in the bound state dynamics of heavy quarks due to the presence of a medium. Effective field theories both for non-relativistic bound states and for the quark-gluon plasma will be the basic tools to guide this discussion. For most of the talk, I will restrict myself to weakly coupled states and to a weakly coupled quark-gluon plasma, for which QED bound states in an electron-positron plasma serve as a toy models. The role of the relative velocity of the bound state with respect to the medium will also be discussed. Finally, I will describe how this body of knowledge can be embedded in a realistic setting to predict the yields of vector states in heavy ion collision experiments.