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Business > Foreign Business
Pfizer to sell drugs at low cost to poor nations
By Agence France-Presse
May 26, 2022 12:06 am

DAVOS, Switzerland: American pharmaceutical giant Pfizer said on Wednesday it would sell its patented drugs on a not-for-profit basis to the world's poorest countries as part of a new initiative announced at the World Economic Forum in Davos.

'The time is now to begin closing this gap' between people with access to the latest treatments and those going without, Pfizer Chief Executive Officer Albert Bourla told attendees at the Swiss mountain resort gathering.

GRAND GESTURE Pfizer Chief Executive Officer Albert Bourla speaks during a press conference on the sidelines of the World Economic Forum in Davos, Switzerland on Wednesday, May 25, 2022. AFP PHOTO

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