Novartis takes next step in Russia, halting new trials and enrollment as Big Pharma responds to Ukraine invasion
After Novartis announced it was trimming down some of its business activities in Russia, the global pharma is taking the next step — and this time, it’s more in lockstep with other companies in the industry.
The pharma released a statement early Wednesday, and while most of it has already been previously covered by Endpoints News, this is interesting to note:
We have implemented a package of measures that include suspending capital investments, media advertising, and other promotional activities in Russia. In addition to that, while we remain committed to provide access to our medicine in Russia, we responsibly pause the initiation of new clinical trials and the enrollment of new study participants in existing trials. These measures will be kept under review.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.