China rewards Sanofi-Aventis and Novartis for charity work
This article was originally published in Scrip
Executive Summary
Sanofi-Aventisand Novartisare among the companies recognised by the Chinese government for their charity activities this year. Both firms have received the 2008 China Charity Award from the ministry of civil affairs following their assistance after the Sichuan earthquake in May. Sanofi-Aventis donated €1 million to the ministry of health and medicines valued at Yuan500,000 ($72.5 million), and Novartis gave cash and medicines totalling around $2 million. Employees from both firms also made donations and supported other reconstruction efforts in the area.