Biotech CEOs Take Assertive Stance On Ukraine War, While PhRMA Remains More Neutral

PhRMA wants to ensure medicines remain available, as many smaller companies and other stakeholders call for ‘disengagement’ from Russia.

Ukraine war protest
Protested opposing the Russian invasion of Ukraine have erupted around the world. • Source: Alamy

Several biotech companies could be alienating major investors and potential clinical trial sites in their calls for the industry to reject Russian investment and trade in response to the invasion of Ukraine.

As of 1 March, more than 500 industry executives and other stakeholders signed a letter indicating “immediate and complete...

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