Aid package to combat coronavirus in China:
Bayer to donate medicines and money with a total value of approximately EUR 1.5 million
CEO Werner Baumann: “We want to help people in the affected regions quickly and effectively”
Leverkusen, January 28, 2020 – Bayer is donating medicines and additional financial aid worth a total of approximately EUR 1.5 million to support the population affected by the outbreak of the novel coronavirus in China. The donations will be made to the Chinese Red Cross, which is working together with the health authorities to coordinate the deployment of aid measures for the prevention, diagnosis, treatment and containment of the coronavirus.
“We want to help people in the affected regions quickly and effectively,” said Werner Baumann, Chairman of the Board of Management of Bayer AG. “Our people have worked hard over the Chinese New Year holiday season to make sure that these medicines can be supplied without delay.”
The donated medicines – Avelox® (antibiotic), Redoxon® (vitamin C), Saridon® (antipyretic/analgesic), and Gadovist® and Ultravist® (contrast media) – have a total value of EUR 850,000. The approximately EUR 600,000 cash donation will be used primarily to provide the protective clothing urgently needed by the medical staff in Wuhan.
Medical and monetary donations to help people in need are an integral part of Bayer’s corporate philosophy and commitment to social engagement.
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to benefit people by supporting efforts to overcome the major challenges presented by a growing and aging global population. At the same time, the Group aims to increase its earning power and create value through innovation and growth. Bayer is committed to the principles of sustainable development, and the Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2018, the Group employed around 117,000 people and had sales of 39.6 billion euros. Capital expenditures amounted to 2.6 billion euros, R&D expenses to 5.2 billion euros. For more information, go to www.bayer.com.