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Corporate Social Responsibility
News
1.10.2005 ET
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CSR News from:
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News Category:
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Updated Abbott Statement on Commitment to Relief Efforts
Abbott Increases Donation to $5.5 Million in Funds, Prescription Medicines and Nutritionals
(CSRwire) ABBOTT PARK, IL - Abbott has committed an additional $1.5 million in
health care product donations to the victims of the natural disasters in
Southeast Asia and the eastern coast of Africa, bringing the company's
total donation of products and funding to $5.5 million.
Working through international humanitarian agencies, Abbott is sending
needed prescription drugs and nutritional aid. The Abbott product
donation is expected to help more than 100,000 people and is valued at
$3.5 million. Among the donated Abbott products are Biaxin®, Biaxin
XL®, Omnicef®, Pedialyte®, PediaSure® and Rehydralyte®. Agencies
involved in the relief effort include AmeriCares, Project HOPE, MAP
International, Catholic Medical Mission Board and Direct Relief
International.
In addition to the product donations, Abbott is donating $2 million in
funding through relief agencies working on the ground in the affected
regions.
Abbott employees around the world also have contributed to the cause with
additional donations. For example, employees in Abbott's Indonesia
affiliate have made product donations and contributed funding to purchase
and provide needed supplies, such as blankets and clothing; employees in
Abbott's Thailand affiliate have donated funding and are volunteering for
local relief efforts; employees in Abbott's Egypt and Ireland affiliates
have pledged a portion of their salaries to assist in relief efforts;
Abbott's Netherlands affiliate has made product donations; and Abbott's
India affiliate has pledged to match employee funding contributions, and
employees are also volunteering for local relief efforts.
Abbott's 55,000 employees around the world express their deepest
sympathies to the victims of this tragedy and to their families.
Abbott news releases and other information can be found at www.abbott.com.
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