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Tag Archives: ‘No profit’ COVID-19 drugs promised to low-income countries

‘No profit’ COVID-19 drugs promised to low-income countries


July 16, 2020

ZURICH: Novartis’s Sandoz division will not make a profit on 15 generic drugs it is making available to developing countries to treat symptoms of COVID-19, the Swiss drugmaker said on Thursday. Novartis said it would provide medicines ranging from antibiotics and steroids to diarrhea pills to 79 countries on the World Bank’s list of low- and lower-middle income nations. The …

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