With the war in Ukraine on the verge of entering its second month, Roche (SIX:RO, ROG; OTCQX:RHHBY) has announced that it will donate additional medications and diagnostics to the country. The company had announced its plans to aid the country in early March, which included 150,000 packs of the antibiotic Rocephin, an antibiotic WHO lists as…
Pfizer donates Russian profits to Ukraine
Pfizer (NYSE: PFE) announced that it would redirect all profits from its Russian subsidiary to relief efforts in Ukraine. Concluding that pausing shipments of medicines to Russia would be counter to its principles, Pfizer had already decided to offer humanitarian efforts to Ukraine. Pfizer also announced that it would refrain from launching new clinical trials…
How medtech and pharma are responding to Russia’s invasion of Ukraine
Medtech and pharma companies continue to support Ukraine relief efforts following Russia’s invasion. Previously, the World Health Organization announced that it was sending “essential medical supplies” to Ukraine — including its first shipment of 36 metric tons of supplies for trauma care and emergency surgery and other health supplies — to meet the needs of more than…
Novartis to offer Ukraine-based humanitarian aid
Novartis (NYSE:NVS) is joining a growing number of pharma companies in supporting humanitarian efforts in Ukraine. The company recently announced an initial donation of $3 million to support Ukrainian humanitarian assistance initiatives at the International Red Cross and Red Crescent Movement, Save the Children and International Rescue Committee. Bayer and Roche have announced similar initiatives. Novartis also said…
Bayer announces €3 million disaster relief fund for Ukraine
Bayer (ETR:BAYN) will offer additional support to international and local humanitarian aid organizations serving Ukraine and neighboring countries. Immediately after Russia’s invasion of Ukraine, Bayer had pledged to spend €300,000 in aid. Now, it has committed €3 million in additional humanitarian aid. Roche, Sanofi and Novo Nordisk have announced similar initiatives for Ukraine. Bayer has…
Roche to donate essential medicines to Ukraine
Roche (SIX:RO, ROG; OTCQX:RHHBY) announced that it would ship 150,000 packages of the antibiotic Rocephin to Ukraine, among other medical supplies, including diagnostics. Rocephin is a broad-spectrum cephalosporin antibiotic. The World Health Organization cites it as an essential medicine. Basel, Switzerland–headquartered Roche noted in a statement that it is working with various international and local…