Drugmaker GSK cuts ties with Russia government over Ukraine crisis

Britain’s GlaxoSmithKline has cut ties with the Russian government after sanctions on Moscow for its invasion of Ukraine, according to the drugmaker’s website, as GSK‘s consumer arm also stopped imports of supplements and vitamins.

The Ukraine crisis is in its second month and the West has tightened restrictions on Moscow, but healthcare companies have not pulled out of Russia, with medical products excluded from sanctions.

“We support global sanctions and will comply with them,” GSK said in its update on Wednesday. “We have taken a precautionary approach to stop, to the fullest extent possible, any direct involvement and support to the Russian government and military.”

GSK did not immediately respond to a request for details on ties with the Russian government.

The drugmaker last month said it would keep supplying essential medicines and vaccines in Russia, but halt clinical trials, with any profits from the country’s operations to be used for humanitarian relief efforts.

GSK, which makes vaccines for children such as those used against polio, is also in talks with the World Health Organization, the European Union and UNICEF for supply of essential childhood vaccines to Poland to support a rapidly growing refugee population there.

  • Related Posts

    Gaudium IVF launches AI powered Signature Labs; kicks off 19 centre expansion

    Gaudium IVF and Women Health Limited, India’s first publicly listed IVF chain, kicked off its first milestone in the company’s planned 19-centre expansion, as outlined in the growth roadmap shared…

    WHO releases updated guidelines on reducing the risk of cognitive decline and dementia

    The World Health Organization (WHO) released updated guidelines on reducing the risk of cognitive decline and dementia, providing countries with evidence-based recommendations to help prevent or delay the onset of…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Gaudium IVF launches AI powered Signature Labs; kicks off 19 centre expansion

    Gaudium IVF launches AI powered Signature Labs; kicks off 19 centre expansion

    WHO releases updated guidelines on reducing the risk of cognitive decline and dementia

    WHO releases updated guidelines on reducing the risk of cognitive decline and dementia

    Kerala researchers develop biosensor to measure snake venom for faster treatment

    Kerala researchers develop biosensor to measure snake venom for faster treatment

    Hyderabad pharma firm executives donate ₹2 crore to TTD scheme in Tirumala

    Hyderabad pharma firm executives donate ₹2 crore to TTD scheme in Tirumala

    Pharma pricing policy threatens innovation

    Pharma pricing policy threatens innovation

    16 empanelled hospitals face action after negligence in Ayushman Scheme

    16 empanelled hospitals face action after negligence in Ayushman Scheme