Pfizer is selling all its meds at cost to 45 low-income countries + Todd Boehly is now the proud owner of Chelsea FC
Pfizer will sell its entire portfolio of meds at cost to 45 low-income countries, the pharma giant said in a press release, in what Bloomberg is calling “one of the most comprehensive and ambitious drug-access programs ever announced.” Pfizer will at first offer 23 different meds and vaccines that treat infectious diseases, some cancers, and rare and inflammatory diseases in Rwanda, Ghana, Malawi, Senegal and Uganda. It will then expand the initiative to include all its current and future brand-name meds and vaccines. There will be no limit to the amount of meds Pfizer will provide — and the company could up manufacturing if demand exceeds supply, CEO Albert Bourla told Bloomberg.
More than just meds: Pfizer says it will also offer officials in the targeted countries help to improve their healthcare systems. “As we learned in the global COVID-19 vaccine rollout, supply is only the first step to helping patients,” Bourla said. “We will work closely with global health leaders to make improvements in diagnosis, education, infrastructure, storage and more.”
Roman Abramovich has officially sold Chelsea FC for GBP 4.25 bn, the highest amount ever paid for a sports team — and the proceeds are going to Ukrainian war victims. Sanctioned Russian b’naire has sold the London club to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly, the Guardian reports, after Abramovich agreed to UK government terms guaranteeing he would not benefit from the sale. The Premier League approved the takeover yesterday. Abramovich earned nothing from the sale of the club, which rose to become one of the most successful teams in Europe during his 19-year stretch as owner. Instead, the proceeds will go into a frozen account before going to an independent charity for victims of the war in Ukraine. “Given the sanctions we placed on those linked to Putin and the bloody invasion of Ukraine, the long-term future of the club can only be secured under a new owner,” British Sport Secretary Nadine Dorries said. “We are satisfied the proceeds of the sale will not benefit Roman Abramovich or other sanctioned individuals.”