Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing InvestmentsPfizer develops and produces medicines and vaccines for immunology, oncology, cardiology, endocrinology, and neurology. The company has several blockbuster drugs or products that each generate more than US$1 billion in annual revenues.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing InvestmentsGlobal 500, is an annual ranking of the top 500 corporations worldwide
Global 500In 2008, a legal entity Pfizer LLC was established and the first warehouse of the company's products in Russia was opened. There is no own production in Russia.
Pfizer will donate all profits of the Russian subsidiary to causes that provide direct humanitarian support to the people of Ukraine. There will be no new clinical trials in Russia. Stopped new investments in Russia.
February 28, 2023 | How Pfizer is Responding to the Crisis in Ukraine |
January 30, 2023 | Letter sent by B4Ukraine to the company and the response provided |
December 24, 2022 | Experts reported a decrease in the import of tranquilizers to Russia |
June 22, 2022 | Pfizer's Russian profit pledge bears fruit with $5M initial gift to Ukraine, CEO says |
March 02, 2022 | EFPIA Statement on the crisis in Ukraine |