INDIA STANDS WITH RUSSIA SHOULDER TO SHOULDER
PARTIAL ON-OFF DILEMMA OF PHARMA GIANTS IN RUSSIA RUSSIA IMPORTS 70% OF ITS MEDICINE FROM THE WEST The pharmaceutical conglomerates engaged in the supply of medicines, and other life saving medicaments in Russia, spindle in confusion. It’s like a tug of war, where the Pharmaceuticals are pulled from Western and Russian sides. The ongoing Ukraine Crisis isn’t a desirable event, and not only heavy-temples Russia, and Ukraine, but also the Pharmaceuticals. The Johnson and Johnson pharmaceutical giant, did make the Western smile, but not wider. Although it halts non-essential business in Russia, but continues to operate its essential products supplies in Russia on grounds of life necessity medical needs. While, Novartis, AstraZeneca, Pfizer, Merck, Sanofi, GlaxoSmithKline, aren’t having smooth ride, they too undergo alike situation as Johnson & Johnson, and have paused investments, clinical evaluations, etc. The Pharma giants have come out with 50:50 adjustment module t...