Pfizer will continue to supply drugs to Russia, but will give all profits to Ukraine

The pharmaceutical company Pfizer said that it could not stop the supply of medicines to Russian citizens, but would give all the profits from sales in the Russian Federation to humanitarian aid to Ukraine. This was reported by the press service of the company.



"Pfizer has concluded that a voluntary pause in the flow of our drug to Russia would be in direct violation of our founding principle of putting patients first. Stopping drug delivery, including cancer or cardiovascular treatments, would result in significant patient suffering and potential loss of life." especially among children and the elderly," the company said in a statement. 

At the same time, Pfizer stressed that it "immediately transfers all profits of the Russian subsidiary to purposes that provide direct humanitarian support to the people of Ukraine."

Also, the company will not start new clinical trials in Russia and will not attract new patients to the current ones, but will provide the necessary medicines to those who have already participated in the trials.

Pfizer does not own or operate any manufacturing sites in Russia, and we will cease all planned investments with local suppliers to build manufacturing capacity in the country," the company said.

Earlier, the German multinational pharmaceutical company Bayer suspended advertising and investments in Russia.


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