MedWatch

Pfizer makes good on promise to donate Russian profits to Ukraine

In March, the US-based firm pledged to donate profits from sales in Russia to Ukraine, and is now reporting the first payment totaled USD 5m.

Photo: Carlo Allegri/Reuters/Ritzau Scanpix

Pfizer’s first payment of promised humanitarian aid in response to the war in Ukraine totaled USD 5m, the firm’s chief executive, Albert Bourla, says in a statement on the firm’s website.

The US-based firm is therefore keeping its March 14 promise to donate the equivalent of all profits it generates in Russia to humanitarian relief efforts tied to Ukraine.

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