A bridge is decorated with the logo of a Bayer AG, a German pharmaceutical and chemical maker in Wuppertal, Germany August 9, 2019. REUTERS/Wolfgang Rattay
FRANKFURT, March 14 (Reuters) – Germany's Bayer (BAYGn.DE) on Monday stopped all spending in Russia and Belarus not related to essential products in health and agriculture, citing Russia's "brutal aggression" against Ukraine.
Bayer said in a statement it was suspending advertising, promotional activities, investment projects and new-business development but added it would continue to deliver essential products.
"Withholding essential health and agriculture products from the civilian populations – like cancer or cardiovascular treatments, health products for pregnant women and children as well as seeds to grow food – would only multiply the war's ongoing toll on human life," the company said.
Bayer's products include contraceptives, haemophilia treatments, cancer drugs and stroke prevention pills as well as farming pesticides.
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Bayer stops non-essential health and agriculture business in Russia – Reuters
