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NVS Novartis AG

99.07
1.34 (1.37%)
Last Updated: 20:34:42
Delayed by 15 minutes
Name Symbol Market Type
Novartis AG NYSE:NVS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  1.34 1.37% 99.07 99.105 98.54 98.60 899,344 20:34:42

Novartis Suspends Investments, Other Business Activities in Russia

22/03/2022 9:10am

Dow Jones News


Novartis (NYSE:NVS)
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From May 2021 to May 2024

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By Cecilia Butini

 

Novartis AG said Tuesday that it has suspended capital investments, media advertising and other promotional activities in Russia as a result of sanctions imposed on the country due to its war against Ukraine.

The Swiss pharma company also said it has paused the initiation of new clinical trials and the enrollment of new participants in existing trials, and added that these measures will be kept under review.

Novartis said it remains committed to providing access to medicines, and that it has donated antibiotics, painkillers and other kinds of treatments to Ukraine and the border areas where people are fleeing.

 

Write to Cecilia Butini at cecilia.butini@wsj.com

 

(END) Dow Jones Newswires

March 22, 2022 04:55 ET (08:55 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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