Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Wait Pausing Investments

GlaxoSmithKline, GSK is a British pharmaceutical company, one of the largest in the world.

Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Wait Pausing Investments
Revenue in RF, mln.USD
295
Staff
252
Capital, mln.USD
141
Glob.Revenue, mln.USD
41839
The Company Statement
March 17, 2022

Will continue to supply essential medicines, vaccines, medical devices, and equipment in Russia. Halted clinical trials, advertising, and promotion. Russian sales proceeds to go to humanitarian aid. (No manufacturing and little raw materia/suply chain reliance. Combined Russia and Ukraine sales over $650 K annually)

https://www.reuters.com/business/healthcare-pharmaceuticals/drugmaker-gsk-cuts-ties-with-russia-government-over-ukraine-crisis-2022-04-06/
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